Quote:
Originally Posted by Jeff Higgins
It is my understanding (and I realize I could be completely wrong) that there is no permanent record kept of the sale. I know that, by law, all records of the NICS check are to be destroyed after approval.
It may very well be, as you are guessing, that there is a record of the "sold by" but not the "sold to". I honestly don't know. Good question, though. I've just never concerned myself with it. Many of my guns, due to their age, are bought from private parties, so in that case, I know darn good and well there is no record. Hmm... maybe one of our FFL's can clear this up for us.
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There actually is a record kept. We're required to keep a "bound book", or electronic version now (so much easier than keeping paperwork). Any time we receive new spoons from distributors or mfg's directly, we acquire them. When we sell, we disposition them to the other FFL's, or do the 4473. I think we have to keep the bound book until we close our doors, then it probably goes to the ATF? 4473's I think the rule is that we still have to keep them on hand for 20 years, but after that they can be legally destroyed.
We had a case a few years ago where someone bought many firearms from many stores and had them all shipped to his local FFL. He committed credit card fraud to purchase them. Police had to call the mfg's of the spoons and then each distributor/store it went through to follow the trail.