A person who makes 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;.
Personal collection of firearms has long meant "The firearms owned by a person."
As applied to a dealer in firearms as defined in section 921(a)(11)(A), a person who devotes time, attention, and labor to dealing in firearms as a regular course of trade or business to predominantly earn a profit through the repetitive purchase and resale of firearms, but such term shall not include a person who makes 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.
Essentially, the proposed definition excludes all personal firearms owned or acquired for defensive purposes or purchased and resold for pleasure and interest as a hobby.
E. Definition of "Personal collection," "Personal collection of firearms," and "Personal firearms collection".
The above definition excludes from a personal collection of firearms, those firearms primarily owned for defense, the most common reason to own firearms in the USA. It excludes those people who buy and sell a few firearms a year for a hobby.
Currently, a person who sells part or all of their personal collection of firearms, perhaps because they need the money, perhaps because they decide they want to obtain different firearms, are protected.
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