I didn't suggest that George would be in the clear if he had a C&R license or that ALL his items are C&R eligible. Quite the contrary. What I didn't make clear is that the ATF is careful about which privileges they grant to collectors--at least in the boilerplate on the application. Not an end-run around an FFL. George does have what I termed a "stealth" license (none at all). It's not hard to foresee a determination which would find George an unlicenced dealer and his protestation to the contrary of very little weight. If you read carefully back thru this wrangle, Dave Weber has said much the same in the message containing the thumbsup on George selling here. A long rope hidden in the apparent benevolence.
jack