In the FAQ of BATF, it specifically talks about selling parts of your collection or all of it.
You are always allowed to upgrade your collection.
here is an easy guide, put out by the ATF
https://www.atf.gov/file/100871/download
Quote:
Under federal law, conducting business “with the principal objective of livelihood
and profit” means that “the intent underlying the sale or disposition of firearms is
predominantly one of obtaining livelihood and pecuniary gain, as opposed to other
intents, such as improving or liquidating a personal firearms collection.”
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Consistent with this approach, federal law explicitly exempts persons “who make
occasional sales, exchanges, or purchases of firearms for the enhancement of a
personal collection or for a hobby, or who sells all or part of his personal collection
of firearms.”
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