My questions were not just hypothetical, another guy and I are actually considering meeting at a mutually agreeable place between our hometowns so we can 'eye-ball' the guns we're considering swapping. Naturally it would be nice to finish the deal when we meet, instead of him having to go home and ship or both of us having to go find an unfamiliar FFL. I can draw a proper POA to fit the situation with no trouble. No necessity for a notary public or other witnesses to sign. Trouble might be getting my local scaredy-cat FFL to do the transfer under these circumstances.

Unless there is some regulation I'm not aware of preventing the Power of Attorney/ Loan agreement, I can't see right off why it couldn't be done that way...IF the FFL will buy into it. I'd have to work that out in advance.

Expanding the idea, it could be utilized in any inter-state gun sale transaction. Risk might be that the buyer may fail to ever go document the transfer through an FFL since he has possession of the gun anyhow. In that case, the seller ought to be protected by the Loan status of the gun pending the FFL transfer. If the buyer got caught somehow without ever having documented the transfer, the trouble should just be on him...Geo