Don, sorry to say that your friend that holds an FFL 01 is in error. Unfortunately, having an FFL 01 does not make anyone an expert on ATF rules.
If you look at the words that C&R stands for, you will get a better idea of the original intention. C&R stands for Curios and Relics.
A Curio is a firearm that is odd or curious and therefore lands on the printed list. There are many firearms on the list that are not 50 years old or were not 50 years old when they first appeared on the list. Many are commeratives or have attained a highly collectible status and are morely sought after as collectibles than as shooters.
A Relic is a gun that has reached an age of 50 years and is therefore also more likely to be sought after as a collectible rather than a shooter.
I offer the following from the ATF website for your review:
Firearms Curios or Relics List
A regulation implementing Federal firearms laws, 27 CFR Section 478.11, defines C&R firearms as those “which are of special interest to collectors by reason of some quality other than is associated with firearms intended for sporting use or as offensive or defensive weapons.”
To be recognized as C&R items, 478.11 specifies that firearms must fall within one of the following categories:
- Firearms which were manufactured at least 50 years prior to the current date, but not including replicas of such firearms;
- Firearms which are certified by the curator of a municipal, State, or Federal museum which exhibits firearms to be curios or relics of museum interest; and
- Any other firearms which derive a substantial part of their monetary value from the fact that they are novel, rare, bizarre, or because of their association with some historical figure, period, or event.
Unfortunately, S&W did not record manufacture dates and only kept track of shipping dates. Since common sense tells us that a gun would have to be manufactured before it was shipped, the ATF is quite satisfied using S&W's shipping records to establish date of birth.
If you are looking to purchase and are not certain, call S&W @ 1-800-331-0852 and ask for Roy Jinks. He will gladly look up the shipping date for you and verify C&R status.
I hope this helps and happy collecting.
