What must an auctioneer do to sell firearms on a consignment basis for each auction?

To sell firearms on a consignment basis, an auctioneer must obtain a license from the state. This requirement is crucial because firearms are regulated at both the federal and state levels due to their potential for misuse and safety concerns. A specific license ensures that the auctioneer is authorized to handle and sell these items legally, complying with all relevant laws and regulations that govern the sale of firearms.

While signing a sales contract, securing a surety bond, and inventorying the firearms could be part of the auction process or necessary for general auction practices, obtaining the necessary license is specifically mandated for the legal sale of firearms. This ensures that the auctioneer has met all legal obligations before conducting sales involving firearms.