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Was also able to find that list SierraWhiskey, and went down it checking the sources. Unfortunately, still only the one shop who is set up for MG's. Lots of shops will deal with silencers and SBRs, but they generally won't touch the machineguns or even consider it unfortunately.

This is all on top of a $80 transfer fee as well, which is reasonable. As Baboon said, holding a high-dollar mg for several months is a notable amount of liability for the dealer when considering theft, fire, insurance, security, etc. Which makes me understanding of a fee, but not $400 a month. That's just dumb. Not looking to knock the guy's business or make trouble, but I am in North Dakota and will consider any SOT/ Class III able of transferring machineguns. So far I only have the one option... C&R Application is getting put in the mail today and overnighted in an attempt to avoid the mess on the horizon here. Gun [MG42] is C&R eligible.

Completely agree on holding sold merchandise for 9 months or more is a great way not to make money, which makes me understanding of the situation for the dealer here, but $400 a month is outrageous in my opinion - tack on an extra $4-5k for what you just paid, plus an auction fee of about 25%. Location is North Dakota. Will consider any Class III shop in the state set up to do machineguns at this point - I have been unable to find any beyond the already mentioned. Gun is C&R eligible, which means I am sticking my app in the mail today to get the FFL03 (hopefully before the auction) and avoid the mess brewing here.

I'm a little green on NFA/ Class III, but I've done enough reading and research (I think?) to know when something is a little out of character.... Looking at purchasing a Transferable at auction in roughly a month. To my knowledge there is one (yes, one, you read that correctly) Class III dealer in my entire state that dabbles in machinegun sale and I wanted to run my intentions by him (this being the primary owner of the shop) since his business would be conducting the transfer - I have talked to other partners, but he captains the ship. Blah blah blah.... "Well I would need about 3-4% of the gun's value per month to store the firearm while the Form 4 paperwork waits for ATF approval [plus the other 2 months the Form 3 would initially take coming from the auction firm], so plan on paying $400 a month for me to store it." Made a call to another dealer who does NFA (no mg's though, but rents them) and he nearly stroked out over the phone when I told him the number. Quote: "That's ridiculous, might as well get your own FFL at that point." I just wanted to know what everyone's opinion is on this... where am I at on the sliding-scale of "dropped the soap in the shower" to "bend over this barrel" while I go looking for moon rocks to fund my upcoming 'storage' fee. Thanks.

Centrifugal Arms, Thank you for elaborating on my previous question. My main curiosity was as to if the Form 4 process would be expedited, which is a no. I am rather happy with the fact the gun can ship as a Form 3 or Form 4, however, after talking with the local Class III dealer (to my understanding the only one in the entire state who deals with machineguns) today, I am a little less than thrilled. Depending on who I catch at the shop I get differing levels of "pull your pants down and bend over" seeing that I've been given the "Oh, we have no problem storing the firearm - totally fine." to "It will cost $400 a month and basically buy one of my five [machine] guns or its the highway". So I am a little adamant on the process now. Another new discovery is that the neighboring state (with the FA friendly range) is a C&R machinegun only state (will let you figure out which state offers that exclusive deal) - which I think is fine because the gun I'm after is eligible - otherwise I now have no usable range to discharge the perspective purchase. So my new question is the following: the gun is C&R eligible, however, I do not currently possess a C&R FFL License. I have the application filled out ready to go and can overnight it tomorrow if need be. [question part is here ->] Say in theory I win said firearm at auction, pay the auction firm their money and go "hey I am waiting on my C&R, do you mind holding off briefly on the Form 4 process?" and if they then agree I would proceed to transfer the gun (once granted the C&R FFL). Question being, if the transfer begins as a Form 4 (since the firearm can now be directly shipped to me), the auction firm is now responsible for holding the gun until ATF gives approval roughly 9 months later, correct? Thus avoiding $400/month "storage" payments. Appreciate any feed back on this, thank you.

Personal interest is a little heavier in the MG42 for me, but the 60 is great too. Basically gunning for a 42 unless I get skunked on some I am looking into, then would more consider a Pig if that happened - not as hard to find. Was surprised on the pricing on the M60 though, was up past the 42 most times. Centrifugal - correct me if I am wrong here, but say I have my C&R and I purchase an eligible firearm, what is the time period for receiving the gun? I understand that I would receive the gun on a Form 4 since I am an individual collector, not a Dealer who can take it on a Form 3. (I should had re-phrased my original post, the gun is available on a 4 or a 3) Do I bypass the traditional 9 month wait time on ATF approval since I have the C&R in this case/ shows up in a few weeks? My big concern was for the gun not exclusively being on a Form 4 since it will have to go to my local Class III dealer (begin first 9 mo wait) and then they pass it onto me (begin second 9 mo wait) virtually two years later.

New member, not a lot of exposure to this particular forum in the past, but can find me at SnipersHide, the Files, MG42, etc. under the same name. Looks like a great NFA community with lots of activity, and a reputation for good market place - the reasons I joined. Fairly new into the owning NFA game; have been around them plenty in the past as far as shooting, literature, etc. and find myself in a position to now own one. Long list of guns I have a soft spot for and love getting behind, but even longer list for those still eluding me. Have decided on either an MG42 or M60 for my first big purchase. I am leaning towards the 42 a little for its historical significance and general bad ass-ness as a classic, but the practicality and more user friendly orientation of the M60 has me considering it as well - both are guns I love getting behind. Plan is to hopefully bring back a nice C&R 1944 Maget from auction in the near future (fingers crossed the bidding isn't out of this world), otherwise would be more than content with a classic Pig and get an E6 kit for it to have the best of both worlds you could say. Really just wanted to introduce myself, but also listen to any comments or wisdom bestowed upon me. Side note, but if I am considering a C&R License for the MG42 (no other major purchases planned...at the moment at least...), is it worth the hassle of trying to get it done in less than a 35+/- days from the auction? I would be able to take possession of the gun much quicker than a Form 4, correct? (Will be coming as a Form 3) Cheers!