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Tote Law

Posted: Mon May 14, 2007 4:24 pm
by Jerry357
Talked to a Pawnshop owner about tradeing a 6"colt python for a Rock River AR15 and he said the new "Tote Law" is hurting the 6" pythons. Anybody know anything about a "Tote Law"??

Re: Tote Law

Posted: Mon May 14, 2007 4:28 pm
by txinvestigator
Jerry357 wrote:Talked to a Pawnshop owner about tradeing a 6"colt python for a Rock River AR15 and he said the new "Tote Law" is hurting the 6" pythons. Anybody know anything about a "Tote Law"??
Yes, I do.

A "tote" is a lie told to someone wanting to trade an item in an attempt to lower the perceived value of said item in the eyes of the owner; therefore, providing more profit to the person trading FOR the item. ;-)

Re: Tote Law

Posted: Mon May 14, 2007 4:32 pm
by RPBrown
txinvestigator wrote:
Jerry357 wrote:Talked to a Pawnshop owner about tradeing a 6"colt python for a Rock River AR15 and he said the new "Tote Law" is hurting the 6" pythons. Anybody know anything about a "Tote Law"??
Yes, I do.

A "tote" is a lie told to someone wanting to trade an item in an attempt to lower the perceived value of said item in the eyes of the owner; therefore, providing more profit to the person trading FOR the item. ;-)

:iagree: 100%. Pawnshops are the worst about this Thats how they make their money.

Posted: Mon May 14, 2007 4:50 pm
by seamusTX
I was waiting to see what people would say about this.

If you google "tote law," the only things that turn up are laws about hauling trash to the dump, and misspellings of "tort law."

I'm pretty sure no new laws have gone into effect in Texas since January 2006, and I get e-mails from the NRA about federal laws. I have heard of nothing that would affect the sale of revolvers of any length.

- Jim

Posted: Mon May 14, 2007 5:00 pm
by Mike1951
Funny, my initial impression upon reading "tote law" was a reference to the concealed carry law and further, that a 6", being more difficult to carry, would have lost perceived value.

I guess it's all in how you read something.

But anyway you look at it, this guy is trying to take advantage. (funny, I thought of many words to use in that last sentence, but none would have been 10YOD compliant.

A blued Python in 95% condition is listed at $775.

Posted: Mon May 14, 2007 5:13 pm
by txinvestigator
Mike1951 wrote:Funny, my initial impression upon reading "tote law" was a reference to the concealed carry law and further, that a 6", being more difficult to carry, would have lost perceived value.

.
How could it lose value over a law wich broadens the ability to carry?

Before the CHL law, the ability to legally carry was limited; creating the chl law had no negative impact on barrels of any size.

Posted: Mon May 14, 2007 7:25 pm
by Mike1951
txinvestigator wrote:How could it lose value over a law wich broadens the ability to carry?
Again, just my interpretation of what the pawn broker meant, was that a 6", being harder to conceal, would not be as desireable as say, a 4".

Posted: Mon May 14, 2007 7:26 pm
by frankie_the_yankee
txinvestigator wrote:
Mike1951 wrote:Funny, my initial impression upon reading "tote law" was a reference to the concealed carry law and further, that a 6", being more difficult to carry, would have lost perceived value.

.
How could it lose value over a law wich broadens the ability to carry?

Before the CHL law, the ability to legally carry was limited; creating the chl law had no negative impact on barrels of any size.
I think the reference was to the fact that Pythons, and maybe the 6" ones, are highly prized revolvers that command a high value on the used market. So under the "tote law" (as described), giving the seller a "lowball" offer in an effort to buy the gun cheap could be a violation and get the pawn shop owner in trouble.

Posted: Mon May 14, 2007 7:32 pm
by KBCraig
I once saw (I forget where), where someone posted a pic of their old Georgia "Pistol Toter's License".

Honest, that's what it said, right across the top!

It was a printed form, and the name and such were filled in by hand. I believe it was dated 1953 or somesuch. :grin:

Posted: Mon May 14, 2007 7:46 pm
by Mike1951
frankie_the_yankee wrote:I think the reference was to the fact that Pythons, and maybe the 6" ones, are highly prized revolvers that command a high value on the used market. So under the "tote law" (as described), giving the seller a "lowball" offer in an effort to buy the gun cheap could be a violation and get the pawn shop owner in trouble.
Indeed, the Pythons are highly prized, and sell for similarly high prices. Built like a Swiss watch, they are a fine example of fine gun making.

The pawn broker was definitely trying to hornswaggle Jerry357.

But I am not sure what you refer to when you mention 'violation' and 'get the pawn shop owner in trouble.'

Pawn shops exist to offer ridiculously low prices for items which are then sold at a high profit margin.

There's no violation to this and no one gets into trouble. It's the nature of the business. The seller gets taken and the pawn shop makes high profit.

Posted: Mon May 14, 2007 8:18 pm
by rbraughn
I'm with Mike1951,

I think he was implying that Since the Tote law (CHL Law) People are buying smaller guns and that the 6" barrell is harder to conceal, thus not in demand. He was trying to lowball you on a trade in :evil:

Posted: Mon May 14, 2007 8:54 pm
by slow944
That was my impression. But, as I always say. "I was born at night, but not last night!" The more I think about it, the more I think I'll keep the Python. Besides I've got a Mini 14 in a BullPup Stock that looks like a Little Evil Black Gun. :twisted:

Python

Posted: Mon May 14, 2007 10:01 pm
by res1b3uq
I believe I'd hang on to that Python. Wish I had a dozen of them. They will only increase in value.

Posted: Mon May 14, 2007 10:33 pm
by KBCraig
slow944 wrote:I always say. "I was born at night, but not last night!"
Or to quote the Gary P. Nunn lyrics, "I was born yesterday, but I was up late last night!"