Depends upon where you live. Most States still allow private party, face to face sales of firearms. Its always a good idea to check if you don't know. You don't want to become a criminal by buying a simple hand tool.
Anyone can buy this gun (non-felon). You just have to ship it to your local '01 FFL dealer and pay a small transfer fee ($25).
The gun is made by Colt, and is made in 1991 so it would not qualify as an '03 C&R unless I'm wrong. Some copies of vintage guns still qualify as C&R.
I consider this gun "newer" as I collect vintage guns but when I showed my friend the other day I realized this thing was still over 20 years old..
So I guess you could say a classic..
Got 2 70 series ones myself and love them. Both 100 year guns. The stainless steel one has the 100 YEARS OF SERVICE roll mark on it and like a GNX I do not shoot it. Had a few upgrades done by Colt but it will be passed down in mint condition in the hopes that one day it will be worth something. If I weren't looking for a GN right now I would buy it.