"rhncue" wrote in message
...
It's been a long time and the laws have probably changed some since I
had a dealers license but if I remember right if you made a receiver and
never had a manufacturing license, it had to have a tax stamp and I
believe it was 200.00 per stamp in the late 70's early 80's. I believe
they had it that high to discourage people from building guns.
Dick

--

That was for building a firearm covered under the NFA. For example, if you
wanted a Thompson submachine gun you could apply for and buy the tax stamp,
then make one for your own personal use. In 1986 the NFA Registry was
closed to new entries so no more home building of full auto machine guns.
Made a great investment opportunity, Thompsons that sold for several hundred
in 1986 are running 5,000 to 10,000 now.

Steve.