The Street Sweeper Shotgun, a controversial firearm classified as a Destructive Device (DD) under the National Firearms Act (NFA), often sparks confusion, especially when it comes to sales and transfers. For owners looking to sell, understanding the nuances of transfer taxes, dealer requirements, and market value is crucial. This article delves into these aspects, drawing upon real-world discussions and expert insights to provide a comprehensive guide for navigating the sale of a Street Sweeper shotgun.
Understanding the Street Sweeper Shotgun’s Classification
The primary source of complexity surrounding Street Sweepers stems from their classification as Destructive Devices. This designation under the NFA subjects them to stringent regulations and transfer procedures, unlike standard shotguns. The original forum discussion highlights this confusion right away, with the initial poster, GaGunner, questioning a dealer’s claim about tax-free acquisition.
Forum user GaGunner initiating a discussion about Street Sweeper shotgun sales and transfer taxes.
The key takeaway is that the “Destructive Device” label is not merely a matter of opinion; it’s a legal classification with significant implications for ownership and transfer. This classification, often attributed to legislative reactions during the Clinton administration, elevates the Street Sweeper beyond a typical firearm in the eyes of federal law. As GaGunner aptly notes, the irony lies in the fact that arguably more modern and arguably “better” shotguns like the S&W MP12 or Kel-Tec KSG 25 are not subject to the same DD classification.
Navigating the Sale: Transfer Taxes and Dealer Involvement
The forum thread participants offer valuable insights into the practicalities of selling a Street Sweeper. A central point of contention is the transfer tax. Contrary to the initial dealer’s assertion, the consensus, backed by informed forum members like mattnh and BWE Firearms (a licensed dealer), is that transfer taxes generally apply even when selling to a dealer.
Forum member deadduck contributing to the discussion on Street Sweeper market value and price trends.
Mattnh clarifies that the only way to bypass the transfer tax when dealing with a dealer is to remove the Street Sweeper from the NFA registry – essentially by dismantling it (removing the barrel). The dealer could then potentially re-register it after acquiring it, but this is a significantly different process than a standard transfer. For a typical sale of an intact, registered Street Sweeper, a Form 4 transfer is required, and transfer taxes are indeed applicable.
Furthermore, slimshady raises a critical point about dealer licensing. While a standard Federal Firearms License (FFL) 01 is common, dealing in Destructive Devices typically necessitates a Type 09 FFL. Although ATF might, in limited cases, allow non-DD dealers to handle a DD transfer, this is not the standard procedure. BWE Firearms confirms this, mentioning past instances of handling DD transfers without a specific DD license, but emphasizing that a DD dealer license is generally required for regular DD transactions. This highlights the importance of verifying a dealer’s credentials when engaging in a Street Sweeper sale.
Forum member mattnh providing expert advice on NFA transfers and dealer regulations related to Street Sweeper shotguns.
In-state person-to-person sales are possible via a Form 4, similar to other NFA items. Out-of-state transfers, however, become more complex, typically requiring transfer to a DD dealer unless specific ATF authorization is obtained. GaGunner’s follow-up post, after contacting ATF, confirms these points, emphasizing the need for dealers to request permission for out-of-state DD transfers.
Market Value and Pricing Considerations
The discussion also touches upon the market value of Street Sweeper shotguns. GaGunner’s initial estimate of $600 to $900 (excluding transfer tax) is debated, with deadduck and rchaisch suggesting higher values, especially in recent years.
Forum member slimshady discussing FFL type requirements for dealing with Destructive Devices like the Street Sweeper.
Deadduck points to a price surge around 2014-2015, with Street Sweepers reaching $1,200 to $1,500 and even exceeding that, alongside similar price increases for other collectible firearms like the SPAS 12. Rchaisch suggests a starting point of $1,500 or higher, especially when selling on platforms like GunBroker, and advises considering any collectible accessories that might enhance the value.
Theduke raises another factor: barrel length and potential variations like a .410 version, which could also influence pricing. The consensus is that Street Sweepers, particularly in good condition, command a premium, driven by their rarity, NFA classification, and collector interest. The online auction price exceeding $1,000 mentioned by GaGunner further supports this upward trend in value.
Forum member theduke inquiring about Street Sweeper specifications and market prices.
Ultimately, pricing a Street Sweeper requires considering condition, completeness (original box, accessories), market trends, and the specific sales venue. Online auctions and platforms catering to NFA items may yield higher prices compared to local sales or dealer buy-back offers.
Conclusion
Selling a Street Sweeper shotgun involves navigating a complex landscape of NFA regulations, transfer procedures, and market dynamics. Understanding its Destructive Device classification is paramount. Sellers must be prepared to address transfer taxes, ensure compliance with dealer licensing requirements, and accurately assess market value. The insights shared in the forum discussion offer a valuable starting point, underscoring the importance of thorough research, direct communication with ATF when necessary, and realistic pricing expectations when venturing into the niche market of NFA firearms like the Street Sweeper shotgun.
Forum member rchaisch suggesting a pricing strategy and considering collectible aspects for selling a Street Sweeper.
Disclaimer: This article is for informational purposes only and does not constitute legal or financial advice. Regulations regarding NFA firearms are subject to change. Consult with legal counsel and relevant authorities for accurate and up-to-date information.
