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July 12, 2017

ATF Q&A: Operations

I have a firearm hanging on the wall of my office, which adjoins the sales floor of my store. It is of sentimental value, and thats why I have it hanging there. It is listed in the A&D book and on the computer, though it is not for sale. At our last inspection, it was counted as part of the inventory, and no comments were made. Another dealer was told that any firearm on the premise must have a sales tag on it. What is the official ruling?

A presumption exists that all firearms on a dealers business premise are for sale and accordingly must be entered in the dealers required records. If a dealer wishes to keep personal firearms on his or her premise that are not intended for sale, ATF recommends that he or she tag the personal firearms indicating that they are not for sale.