Federal Firearms Licence Information

In order for one individual to show deep interest in the business of firearms, one must be able to know about federal firearms license, their importance, and their different classes and types.

Good thing about the internet is that information can readily be disseminated by way of websites.

The selling or making of guns by any individual or company necessitates the ownership of a federal firearms license as mandated by law. This was stipulated by the Gun Control Act of 1969.

Federal firearms license has 11 different classes and titles.

The government office tasked to give out federal firearms license is the Bureau of Alcohol, Tobacco, Firearms and Explosives.

When one is in the process of getting a federal firearms license, one will have to pick out from the eleven cases of federal firearms license. Regardless which one, a license may only be used for three years and is non-transferable.

The more popular classes of federal firearms license are Class 1 and Class 2. Class 1 license is given to any person who would like to be a gunsmith or gun dealer.

However, a Class 2 license is given to an individual who wishes to become a pawnbroker.

Collectors of antique firearms are still required to get a federal firearms license. By collector, this includes any individual who buys firearms due to special interest not related to using any firearm for sporting activities or offensive and defensive acts. These collectors will then have to get the Class 3 federal firearms license.

Most firearms that fit into the bracket of collectible are the Curio and Relic types of firearms. In order for a gun to be classified as Curio and Relic, it must have been manufactured for more than 50 years at the time when the owner decides to get a license.

These guns are usually collected for their monetary equivalent as part of their uniqueness and association to a person acknowledged as part of history.