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Need Advice
I need some advice. I have a friend who told me that a collector friend of his has (had) 7 Stens. The friend died a few years back and the wife wants to get rid of them. I was told they were never registered and I would hate for the ATF to get these via a turn in and be subsequently destroyed. For obvious reasons I don't want to get real close to this. Do you know of anything that can be done legally to help this lady out and maybe save some wonderful pieces of history? I was thinking maybe having them disassembled and sold for parts. I have not seen them so I am going only on what I was told. My friend has seen them. He told me that some had metal stocks and some were wooden.
Ray Tyner
Peachtree City, GA
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05-02-2014 07:42 AM
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I would take tools and a cutting torch. Strip them down and cut the receivers with the torch.
john
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Legacy Member
1) Strip off all the parts
2) The executor of the estate then contacts BATF of the recievers and serial numbers .
If they are registered and on file as his , a tax free transfer can be made to the wife . When done , they can be assembled and sold on form 4s to other persons.
If not , they will be taken and destroyed . The parts can then be sold by her.
If registered but not allowed in her state , they can be transfered to an out of state dealer .
( This happened to me . He owned a Bazooka in NJ ( grandfathered ) When he died , Sarco was going to buy and sell it because all the hiers lived in NJ and NJ no longer allowed them . Sarco also couldn't own it for the same reason , so it had to be sold to LMO , out of state . I got ahold of MG Dave 5 minutes after the LMO sale and bought it from LMO a few minutes later.)
No charges will be filed against the wife as the guilty party ( if there is one ) is gone.
Chris
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