Silencer Shop Gold Dealer Form 1s, Form 4s and Wait times.
We are about 3 weeks past the ATF “Brace Rule”. Interesting that the ATF estimated that between 3 to 7 million braces were in circulation. Congressional research estimate was substantially higher with 10 to 40 million.
How many people “registered the braces they have?
Looks like only about 250,000 went through the process.
I have not had the time to keep up with where the current lawsuits are at. The news cycle changes so rapidly these days it’s hard to track.
That said I believe this brace ruling and the new Form 1s that came into the ATF has not allowed them to completely catch up with processing. The Form1s we are seeing are not getting approved as fast as before.
That said, the wait time has always been a factor when people buy NFA item. Trust us we know both personally and from a shop standpoint.
https://www.silencershop.com/atf-wait-times
From what we are seeing in the shop, what Silencer Shop is reporting (see the above link) and what customers have noticed wait times are coming back down again. Still, it’s nowhere near the promised 90 days for eForms from the ATF.
Right now Silencer shop has a lot of promotions going on. From Free Tax Stamps (see the below link) to SilencerCo BOGO (Buy one Get One Free) offers.
“Good people do not need laws to tell them to act responsibly, while bad people will find a way around the laws.” Plato
