Re: SBR question
Even though it is a C&R firearm, it is still an NFA item.
C&R does not remove the NFA requirements.
Here is the quote from the
BATF NFA Handbook:
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"><span style="font-weight: bold">Section 2.3
Curios or relics.</span>
An NFA firearm that is recognized as a curio or relic is still an NFA “firearm” and is
still subject to the registration and transfer provisions of the NFA.
The primary impact of a curio or relic classification is that a properly registered NFA firearm classified as a curio or relic may be lawfully transferred interstate to,
or received interstate by, a person licensed as a collector of curios or relics under the GCA.</div></div>
The way that I read the guide is that you have two ways to go about being legal with this weapon.
1. Register it on a Form 1 as an SBR, pay the tax and have it engraved.
(Not a good choice considering the value of your weapon.)
2. Apply to have the weapon exempted from the scope of the NFA.
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"><span style="font-weight: bold">Section 2.4
Applications to remove firearms from the scope of the NFA as collector’s items.</span>
Certain NFA weapons can be removed from the provisions of the NFA as collector’s items. The procedures for requesting removal of an NFA firearm are the same as used for requesting a destructive device determination.
An NFA firearm removed from the NFA as a collector’s item is no longer subject to any of the provisions of the NFA.
In most cases, the weapon will still be a firearm as defined in the GCA and subject to regulation under the GCA.
In some situations, the weapon that is removed from the NFA as a collector’s item will be an antique firearm as defined in the GCA.27 In these instances, the weapon would no longer be a firearm as defined in Federal law.</div></div>
My recommendation would be to submit a letter to the BATF as a request for guidance.
In addition to that, include a request to determine whether this firearm has already been removed from the scope of the NFA.
To cover all your bases, you might include an exemption package with the letter.
Hope this information is of use to you.
I'm not an attorney, but I have spent quite a bit of time reading up on Federal firearms legislation.
P.S.
Beautiful Rifle!