Thread: Selling a firearm
I think this has been mentioned a few times, and I tried the search option but it didn't help much so here is my question.
Is there any legal requirements to selling a firearm in Ky? Do I just hand the guy a pistol, and he hand me the money, and that's it? I know that Firearms are not registered in Ky.
The thing is , my daughters boyfriend is trying for his CCW and he wants to get a gun, to practice with, and eventually have his own. He asked if I would be willing to sell him one. I do have one that he likes, but wanted to know if there is more than just money changing hands.
"I would rather be exposed to the inconveniences attending too much liberty than to those attending too small a degree of it." - Thomas Jefferson.
"Better that ten guilty persons escape, than that one innocent suffer" - English jurist William Blackstone.It is AFAIK original to me. Compromise is failure on the installment plan, particularly when dealing with so intractable an opponent as ignorance. - Nightmare
That's about it. You cannot sell to a prohibited person, a person under 18, or a person not a resident of Ky. You are not required to prove any of this, but you are expected to use reasonable caution to insure these things. I think asking those three questions and getting three yes's would be reasonable. If he can qualify for a CCDW, he can certainly buy a gun. One last thing, unless you have a FFL, you cannot be in the business of selling guns for a living. You may sell a "few" guns "occasionally". There is not a law against selling one (or more) for a profit, but if you are selling a lot of guns and making money on each one of them, and that can be documented, you may be in some jeopardy. LEA really hate this stuff, because there is no paper trail, so charging anyone is almost impossible. I know people who have been in business selling guns for years without a license. I see them at all the gun shows. They also work fleemarkets and any other place where a lot of people gather. They setup and sell guns without a license. Who knows what they paid for their guns, who knows what they sell them for. There are no receipts, no bookkeeping, no sales tax, no nothing. The whole business is in their heads. Of course, if a gun is ever traced back to any of these people, or anybody else with any sense, the answer to all questions of where the gun went is "I don't remember. I sold it to somebody a while back." I have sold a few guns in my life. I don't know how many, not a lot. I do know that I regretted selling almost all of them shortly after doing it and I doubt I made any money on the whole bunch. I may have made a little on a few, but not enough to offset the losses on the others. My business plan is "buy high and sell low". I don't remember who I bought these guns from or who I sold them to. I don't remember how much I paid for them or how much I sold them for. The older I get the worse my memory becomes. Sometimes, I can't remember much of anything, especially about guns.
Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.
"If ye love wealth greater than liberty, the tranquility of servitude greater than the animating contest for freedom, go home from us in peace. We seek not your counsel, nor your arms. Crouch down and lick the hand that feeds you; May your chains set lightly upon you, and may posterity forget that ye were our countrymen."