1 ThePolecats 1 week ago I think one thing that can go terribly wrong for those of us who buy and sell a lot of gear is that we may receive stolen goods unknowingly. It's not a legal problem until you try to sell it and you may try to sell it to a store and with the "police hold" it may come up that you have received stolen goods. Each state has a statute of limitations and it may vary from state to state but if you buy goods and sell in a short amount of time this can come up. I have had no problems because whenever I sold to a store it wasn't often and the circumstances were once it was a Mosrite style by Zen-On that was shipped to me from Japan and the other instance was the Kay Swingmaster I bought from GC about 10 years ago. I sold both at an independent guitar shop but since one was from overseas and the other was from GC it was already cleared to be not stolen. Other gear I sold over eBay or Reverb and these were to private parties. I often try to sell over eBay or Reverb or people I know but once in awhile to sell quickly I may sell to a store. I would get more for my items if I sold to an independent guitar shop than I would GC. That last experience trying to sell to GC sucked bad so I'm not going that route anymore. Some may say if you get caught trying to sell stolen goods and you didn't steal it it should be no problem, but ignorance of the law is no excuse from what I understand. Maybe if you can prove you bought it from someone else but that's hard to do at times. I think maybe if you bought something 20 years ago and sold it today it would not be on the "hot sheet" any longer and the statute of limitation would be in effect but what if you bought something last year and grew tired of it and sold it to a shop and they do a check and it's on the hot sheet. Busted? Probably.