Home Forums Hunting & Shooting Savage Collectors OT but important: Stolen gun on GB

Fire, yeah. Theft??? Most homeowner policies don't cover theft without buying additional coverage.

Theft and fire are 2 different ballgames. It's easy to defraud a theft claim. Not so many people willing to burn their houses down to collect the insurance on their guns.

But...you can leave feedback on gunbroker that the seller sold you a stolen gun and didn't make good on it. The threat of that should make him see the light. That kind of posted feedback would pretty much put him out of business on GB

BTW it the police responsibity to check the description and serial numbers turned bought or pawned on by the pawn shop not the pawns shops responsibility. Police need to check serial numbers against all pawn reports or sheets they get on a daily or weekly basis. The pawn shop is only required to hold the item 30 days not to check or clear anything. If the police are slow(lolololololol) the item may pass the 30 days and be sold long before they come to collect it. Guns however are easy to track as they have all the pertinant info of the buyer on hand for the ATF to inspect. Thus they are exempt from the 30 day waiting period. People always assume the pawn shop has a magic crystal ball to someone determine if an item is stolen or not but that is the police departments responsibility to make that determination.

Not a safe assumption. I know for a fact that Omaha has a 10 day waiting period for ANY dealer to sell a used firearm. Local regs can't override federal regs, but they can expand on them. And there's no federal regs saying that a dealer is allowed to sell a used firearm immediately.

Cabela's over by Omaha actually is i La Vista, a suburb, in order to get away from city regs regarding registration of handguns and holding periods for used firearms.

In TX, in the county that my shop is in, we have to hold all purchases 21 days, whether it be jewelry, tools, firearms etc, before we can place on the floor to sell.

Calhoun, is correct, the city/county/state regulations cannot be less restrictive but can be more stringent.

In my paperwork it states that any items regulated by a federal agency is exempt from the 30 day waiting period. Guns I purchase are cleaned checked for safe operation and immediatly put out for sale. I'm not sure how other states or municipalities do it but that is how we do it here.

I don't know chit about the law, but, conceptually speaking, your business is a dream come true for the criminal element.

Wow!...

I have USAA and they cover everything for fire but NOT theft. You must have a rider for theft.

RH

I had a similar situation in Fl. I bought a bow tech bow from a pawn shop and two weeks later a deputy called me and said that it was stolen. After much stress as I had sold my old bow and it was midway through bow season, the deputy called me back and said that the bow was mine. The seller (thief) was responsible to cover all the cost. He told me that if they took the bow from me that I would be a second victim. I'm sure that a gun is a little different, but there is recourse if your up to the aggravation.

Just curious, how do you report all your transactions? Not trying to flame or start a battle, just curious. How are your firearm purchases reported to the local police/sheriff?

Thanks,
Jason

I am just taking a little guess, here that the thief was a relative (son, daughter, wife etc) and in cases such as this the pawn shop will not take a loss.

No it was a theft from a bow shop. The police traced the thief through the pawn transaction. They left me hanging for several weeks but in the end let me keep the bow.

Mine are the same way....above a certain value individual items, whether they be guns or jewelry, whatever, should be on a rider for the policy.

No problem everything that comes into my shop goes through leads online so it they know the instant something is either bought or pawned on. The pawn business is very secure if the police do their jobs and check the pawn reports. Its easy for me to nail crooks because I get their fingerprints, Drivers license and signature. Anyone dumb enough to bring stolen property to a pawn shop is basically giving the cops all the info they need for a conviction.

Thanks for all your advice, guys. My friend's situation has been resolved. The seller turned out to be a really solid guy, and he provided a full refund, including shipping both ways and FFL fees. It's not as good as getting to keep the rifle, but at least he didn't suffer a financial loss. My friend thought it was safer to accept a full refund and return it to the seller rather than run the risk of having to surrender the gun to the police and possibly get nothing.

I can't say that we've really learned anything out of the whole fiasco--except that there is a very slight risk of such things happening on any used gun transaction.

Rod

It is good to hear that there are still some solid people out there. I always enjoy an opportunity to learn that