How Does Firearm Consignment Work?
How does a licensee handle the sale of a consignment firearm?
Firearms received for sale on consignment must be entered in the licensee’s acquisition and disposition record.
The sale of a consignment firearm is handled in the same manner as other firearm sales.
Return of any consigned firearms by the licensee to the consignor must be entered in the licensee’s disposition record.
An ATF Form 4473 and a NICS check must be completed prior to the return of such firearms.[18 U.S.C. 923(g); 27 CFR 478.122, 478.123, 478.124 and 478.125]
FIREARMS AUCTIONS
CONSIGNMENT FORM
Customer Name: __________________________________________________________
Street Address: ___________________________________________________________
City: _________________________ State:_______________ Zipcode:_______________
E Mail Address: ___________________________________________________________
Telephone Number: ________________________________________________________
Do you agree to allow US Weapons Auction to auction firearms in your behalf: ___Yes ___No
Are you the sole owner of firearms consigned? ___Yes ___No
US Weapons charges sellers a 10% seller premium. Do you agree? ___Yes ___No
US Weapons Auction charges Buyers a 10% seller premium. Do you agree? ___Yes ___No
US Weapons Auction auctions firearms with no reserve. Do you agree? ___Yes ___No
In event a firearm does not sell at auction, there is a $ 20.00 fee for process firearm returns. Do you agree: ___ Yes ___No
Do you agree to complete ATF Form 4473 and a NICS check prior to the return of such firearms? ___Yes ___No
Do you agree that the US Weapons Auction dealer may bid on consignment firearms? ___ Yes ___ No
Selling firearms and paying the consignor will not take place until the Buyer's payment clear our bank.
Firearms will not be released to any Buyer until all payment has cleared our bank.
Do you agree to our payment processing requirements? ___ Yes ___ No
(List every firearm - copy and attach as many pages as necessary)
Firearm Make: __________________________________ Firearm Model: _________________________
Firearm Serial Number:______________ Caliber/Gage __________ Type Action __________
(Note: If a consignee is legally unable to possess firearms after
a NICS check, the dealer will turn the firearms over to the ATF.)
Date: __________ Consignor Signature: ________________________
Date: ______________ Witness: ______________________________
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