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I have no facts to back it up but I suspect at least in Washington the new law has resulted in more guns in the hands of law abiding folks.
Prior to I594 I would try to exhaust all hope of buying used before I would consider new and often would sell stuff that I had lost interest in to fund new purchases.
Since it went into effect I have not sold a single firearm and everything I have bought has been new (I would have to scratch my head for a minute but including NFA stuff I would say I bought close to 20 "firearms" in 2015 although many where suppressors and one a SBR)
So at least for me personally my collection grew significantly because of the hassle of private FFL deals.
I understand that is probably not typical but I would bet that across the board there is no doubt that it had a significant effect on the number of legal guns in good folks hands.
Not that I think the law is acceptable, but more guns is a good thing regardless
I considered listing few "items" on GunBroker, as I was short of cash and the mortage moster was sending his Boys round with the dog and the double barrelled gun..... but, a few things fell into place and I decided not to list... one in particular is a real sweet one that is probably 20 years old, and I bought it as new for CIF (Casn in Fist) no paoers, fully legal at the time. SO.. the BATF trace will, at best, turn up at the doorstep of a dead guy whose state got liquidated through private sales by a friend..... for the estate. No record was kept of what he had, nor how it became someone else's. SO, that little sweetie is a complete unkonwn to anyone who wants to know but shouldn't... he won't anyway. No record. I'm certain the FFL from which it was first purchased has gone away years ago....