Preexisting do not need to be logged in. All new acquisitions and any C&R 'disposed of' (sold), including preexisting, must be logged.
Why would a preexisting firearm have to be recorded when sold if it wasn’t recorded to begin with?
Get this book, if you don't already have it. You only record firearms you purchase/sell with your FFL 03.
https://www.amazon.com/BookFactory-...9074678&sr=8-1&keywords=LOG-072-GUNCOLL-LKT39
Would not advertise that you got a 03 just to build up your collection!That’s why I got it. I don’t plan on selling anything but it makes it easy have it sent straight to you and not have to mess with a dealer
Be sure you understand the differences between 01 and 03 FFLs. Your duties with an 03 are pretty minimal by comparison to the 01. And there's lots of misinformation out there on how the 03 works...
Would not advertise that you got a 03 just to build up your collection!
Why? I mean it says right on the license Collector of Curios and Relics. It's kinda the main reason to have one.