Guides
Keeping a bound book
What the regulation actually asks a Type 03 collector to write down, and why a private owner might keep the same record anyway.
Who actually has to keep one
A bound book — formally an acquisition and disposition record — is a licensee obligation. If you hold no federal firearms license, no federal rule requires you to keep one. The one license a private individual commonly holds is the Type 03, the collector of curios and relics, and it comes with the record-keeping duty of 27 CFR 478.125(f) attached.
What the Type 03 buys is convenience: curio and relic firearms can be shipped to you across state lines without routing through a dealer and without a transfer fee. It does not permit dealing. The record is the price of that convenience, and it is not optional.
Everyone else is in a different position — no duty, and also no backstop. That is the argument for keeping the same record voluntarily, and it is made in full under inventory and valuation.
What counts as a curio or relic
27 CFR 478.11 gives three routes. A firearm qualifies if it was manufactured at least 50 years before the current date — replicas excluded; if a curator of a municipal, state or federal museum certifies it as of museum interest; or if it derives a substantial part of its value from being novel, rare, bizarre, or associated with a historical figure, period or event. The 50-year test is a rolling one, which is why collections drift into eligibility over time.
The two deadlines
These are the part people get wrong, because they are asymmetric.
- Acquisition: entered not later than the close of the next business day following the date of receipt.
- Disposition: entered not later than seven days following the date of the transaction.
One business day is short enough that the entry has to happen when the package is opened, not when the weekend is over. A record you intend to fill in later is a record that is already late.
The fields
On the acquisition side: the date received, the name and address of the person the firearm came from — or their license number if they are a licensee — and the firearm itself, described by manufacturer, importer, model, serial number, type and caliber or gauge. The importer is a separate field from the manufacturer, and it is the one most commonly left blank by people used to keeping a casual list.
On the disposition side: the date, and the recipient — name and address, or the FFL number. Where the recipient is not a licensee, the record also needs their date of birth and the type of identification you were shown.
Retention runs for the duration of the license and 20 years after the firearm is disposed of. That is long enough that the medium matters: a notebook that has to survive two decades of house moves is a real risk.
Electronic records — allowed, with conditions
An electronic record is permitted where the format meets ATF requirements and can be printed on demand within 24 hours. Note the second half of that sentence: a record you cannot produce on paper quickly is not a compliant record, whatever it looks like on a screen. The rules in this area are also moving — a notice of proposed rulemaking on electronic record-keeping was published on May 8, 2026 and had not settled as of this writing. Check the current text before you rely on any of it.
The honest framing for any software, this app included: it is a tool for keeping a bound book, not a bound book. Nothing you install moves the responsibility off the licensee.
Why private owners keep the same record
There is no national registration system in the United States, and ATF says so plainly: it does not take reports of stolen firearms from private citizens, and it cannot help a private citizen locate a serial number, because no such registry exists. If you did not write the number down, there is generally no route back to it outside an active criminal investigation.
The practical minimum turns out to be the same handful of fields the police need for an entry in the FBI NCIC Gun File: make, caliber, type, serial number, plus the date and a case number from the agency where the theft occurred. Without a genuine serial number there is no entry at all. A private A&D-style log — acquired when, from whom, for how much, disposed when and to whom — happens to capture exactly that, plus the cost basis you will want later.
How Waffenschrank helps
Waffenschrank records acquisitions and dispositions with date, counterparty and price against each firearm, and produces a worksheet laid out in the column order of 27 CFR 478.125(f). The export names, in its own header, the fields the app does not hold — importer where it differs from the manufacturer, the other party's address or FFL number, date of birth and identification for non-licensees — so you can see what still has to be completed in your own book rather than assuming it is done.
The disclaimer sits on the export itself: a worksheet for Type 03 licensees, not a compliant bound book within the meaning of the regulation, and not legal advice. More about the app.
General information, not legal advice. 27 CFR 478.125(f), 27 CFR 478.11 and ATF guidance prevail, and the rules on electronic records were under active rulemaking when this page was written. If your license status or a specific entry is in question, ask ATF or a lawyer — not an app.
Frequently asked
Do I need a bound book if I do not have an FFL?
No. The acquisition and disposition record under 27 CFR 478.125(f) is a licensee obligation. Private owners have no federal record-keeping duty — but also no federal backstop if a firearm is stolen, which is why many keep the same record voluntarily.
How quickly must an entry be made?
Acquisitions must be entered no later than the close of the next business day following receipt; dispositions no later than seven days following the date of the transaction (27 CFR 478.125(f)).
How long do bound book records have to be kept?
For the duration of the license and 20 years after the firearm is disposed of.
Can a bound book be kept electronically?
It can, where the format meets ATF requirements and the record can be printed on demand within 24 hours. Rulemaking on electronic record-keeping was still in progress in 2026, so check the current text before relying on any particular arrangement.
Is any app a compliant bound book?
Treat that claim with suspicion. Software is a tool for keeping the record; the compliance responsibility stays with the licensee, and the regulation and ATF prevail over any vendor description.
Keep reading
Inventory, valuation and insurance
The $2,500 theft sublimit, blanket policies, and what an adjuster asks for.
Tracking NFA items
Forms, stamps, trusts — and the proof of registration you have to be able to produce.
Keeping a range log
Round counts, match records, and what clubs in Canada have to be able to say about you.