Re: Anyone smart on FFL's?
The only license that is for personal use it the Type 3 Curio and Relic license. It allows you to collect guns that are over 50 years old or are classified as a curio or relic as published it their book. This license is for collecting only, not for business purposes.
The Type 3 will also get you great discounts at Midway, Brownells, Grafs...... and so on. It's well worth the $30 for three years.
The other FFL licenses are for conducting business, not for personal use.
To answer your question. No the gun does not have to be an antique. It has to meet the requirements of a Curio or Relic or be 50 years old. If it meets one of those requirements the seller can ship the gun directly to you. You then have to record the transaction in your bound book. No background or transfer fees for either one of you.
If you purchase a gun that does not fall within that criteria you'll have to do the background and transfer as normal.