secondofangle
Well-known member
- Joined
- Dec 25, 2015
- Messages
- 296
on Ruben's website, $45,000
https://dealernfa.com/shop/dias-steel-neil-smith-excellent-500/
https://dealernfa.com/shop/dias-steel-neil-smith-excellent-500/
I'd rather buy the Lewis Gun he has, more meat on the bone!Yep. SN 500. Sold in half a day. Underpriced, which is unusual for Ruben LOL
Unfortunately, that's is not really practicable for a good many people who can buy a machine gun. For example, in my own situation, to get an FFL 07 w/SOT I would have to buy or lease, maintain (including such things as keeping snow and ice off sidewalks), pay taxes on, and insure suitably zoned property in a community other than I one I live in. And I would have to prove to the BATFE that I was conducting a business, not merely maintaining a hobby at every BATFE inspection and license renewal.Yeow on those $50K+ prices... let's see... you could pay for an FFL 07 w/SOT for 50 years and have several post-86-made DIAS's for way less than that!
My understanding is acquiring and/or maintaining such an SOT for the purpose of enhancing a personal collection is frowned upon by the AFT, as SecondAmend mentions in his post.Yeow on those $50K+ prices... let's see... you could pay for an FFL 07 w/SOT for 50 years and have several post-86-made DIAS's for way less than that!
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My understanding is acquiring and/or maintaining such an SOT for the purpose of enhancing a personal collection is frowned upon by the AFT, as SecondAmend mentions in his post.
That I have no doubt!Correct... they want it to be a business. But some businesses have side benefits for the owners.