I am not trying to be an alarmist here. I know that BATF has generally been 'hands off' C&R holders but my point isn't based on what they do it's based on what they can do. You also have to be aware of the fine line between 'improving your collection' and acting as a dealer. You also have the responsibility to ensure the recipient of your firearm is not a felon or is unfit to possess that arm and you don't have access to NICS. Last, when you are a private collector you might get away with pleading ignorance, but when you sign that license you confirm that you understand and will conform to all Local, State and Federal laws.
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