I ran the antique shotgun thing by my class 4 dealer and got the following reply; it is totally his and I have not verified the statute or the regs:

Not a Hypothetical situation. Real Life NFA Law, First, to be considered to be a modern firearm is has to be made after 1899 and be able to shoot smokeless powder.  Anything else made before 1899 and can be fired with black powder is by BATF defination as a Non-gun and does not require a BATF form 4473 to purchase such items.  So, if an object was made before 1899 and  is not a gun then there is no such laws that can be applied to a non-gun.  A black powder firearm can be any length, have any size stock, and can shoot as many times as possible.  When talking about a short bbl rifle or shotgun or pistol with a stock, anything goes as long as it is a real antique. 

***GRJ***
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