This policy is specific regarding 1911s. As a requirement of the transfer from the US Army, they must prove they are not used in a crime. I wonder if this is really the reason they'd like to keep tabs on them.
When is it your personal property? I guess the CMP decides that for you in this case. My lottery number is so high, I'll be waiting on the next batch if ever it comes.
"The first gun that was fired at Fort Sumter sounded the death-knell of slavery. They who fired it were the greatest practical abolitionists this nation has produced." ~BG D. Ullman