Larry Vickers firearms collection confiscated by the atf

[Gingerbeard Man]

From unsubstantiated sources, his SOT expired.

So if your SOT expires, they get to take the guns with the giggle switch, suppressors......and all your standard firearms?

 

[ReservoirDawg10]

So if your SOT expires, they get to take the guns with the giggle switch, suppressors......and all your standard firearms?

That were under the SOT - yes. That is not some hidden wording. Whether or not that is what happened here? I dunno. Mixed reports abound, so I'll wait to make any ascertations.

 

[GAgunLAWbooklet]

AFAIC, the ATF, or whatever nonsense name they call themselves like BATFE, are nothing but political gangster, anti-Constitutional terrorists. ...

Did this guy operate an exotic (NFA) weapons business under an SOT (special occupational tax), and then allow his SOT to expire or allow his business to close and cease operation without dispositioning of the exotic guns?

The ATF has ALWAYS had a policy, based on the federal gun laws and state laws regarding what a corporate entity is, that if the only reason you're allowed to have NFA weapons is because of the business you're in you must get rid of them prior to closing your business --or the weapons are subject to seizure.
QUOTE FROM A.T.F. in 2913 Newsletter to all of the nations FFL dealers and other interested persons:

Licensees who are qualified to deal in National Firearms Act (NFA) weapons who decide not to renew their payment of special (occupational) tax (SOT) may not retain and must dispose of any registered machineguns where the possession of the machinegun is restricted
by 18 U.S.C. § 922(o). In accordance with 27 CFR
§ 479.105(f ), prior to going out of business, the ma- chineguns may be transferred to a Federal, State, or local governmental entity (including ATF), to a qualified manufacturer or importer, or to a qualified dealer as
a sales sample in accordance with section 479.105(d). The weapons may also be exported in accordance with the regulations at 27 CFR § 479.114-479.119. These transfers must occur before the expiration of the license and SOT status. Otherwise, the restricted machineguns are subject to seizure and forfeiture.
Licensee may retain machineguns that were lawfully possessed prior to May 19, 1986, the effective date of
18 U.S.C. § 922(o), provided they were registered in accordance with requirements of the NFA. Sole propri- etor licenses who discontinue business, but who wish to retain such weapons, must make an entry in the acquisi- tion and disposition book showing the disposition of the machinegun to him/her as an individual.
Licensees that are legal entities, such as corporations, Limited Liability Companies or partnerships, that intend to dissolve may not retain any NFA firearms, as the entity will cease to exist. All NFA firearms must be properly transferred and registered to the person receiv- ing the firearms prior to dissolution...

 

[cmshoot]

I notice one thing reading through all of these …ATF insanely undervalues the value of all of these guns lolol

I would imagine that most of those are “dealer samples” and are not transferable to folks that aren’t an SOT, or LE with agency letterhead. That makes them very cheap.

A select-fire Colt M4 sells to an LE agency, or an SOT, for less than what retailers are selling a 6920 for.

 

[cmshoot]

I heard his SOT lapsed, or he turned it in, but he still possessed weapons that were on the SOT.

 

[300_whisper]

I dont want to make assumptions or speculate...but F the ATF. Absolutely worthless agency.

 

[Gunanddoglover]

I'll wait for the full story with details before I jump to conclusions. The guy is smart enough to know what he is doing, and he has enough people around him that know the laws to watch his back.

 

[lifeandliberty123]

if his SOT expired i would wager a guess that the cancer treatment is not going well

 

[Twitch2120]

Strange that dealer sample guns he just let go. Dealers will pay a pretty penny for guns that already have a law letter

 

[Eastwood]

What’s up with these that seem to be a single gun (revolver or Glock) that are being seized that aren’t homemade suppressors, machine guns, etc.

Must be felons?