The gun runners of old used sailing ships or steam locomotives to move their wares. Today, there is a Class 3 dealer in Missouri who uses something a lot faster. If you are selling a machine gun collection, Midwest Tactical Inc., will come to you: by air. Frank Goepfert, MWT founder and president, owns and operates a Cirrus SR22 airplane. Two other company employees are also pilots, enabling MWT to cover the map to meet with customers and close deals on machine gun collections. Nothing else in the gun business is as regulated as Title II arms like machine guns, suppressors and short-barreled guns. A machine gun dealer must know federal and state regulations inside and out, along with knowing current market values and the players in the trade. MWT is staffed with NFA specialists who deal with trusts, estates, National Firearms Act (NFA) transfers and Alcohol,Tobacco, Firearms (ATF) regulations. Buyers for machine guns tend to be widely scattered, as do sellers. By its very nature, the NFA business is a national business. Having the ability to go meet the customers and see the merchandise is a huge plus. There are only about 186,000 transferable machine guns on the NFA registry, and there are at most only a few hundred transferable machine guns for sale at any time. As a result, prices of NFA arms have risen to levels once thought impossible. Sellers, especially heirs of war veterans, may have no idea the value of their guns.
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