Also, when your renewal is "approved", you can't buy or sell a firearm with your old license. ....(ask me how I know..LOL). I traded a rifle to my FFL and it would not let the transaction go through with my old license and pin. I was told since my renewal was approved then my old license and PIN number expired.Pro-tip for those playing the NES home game:
Keep your current LTC in your wallet
because the new one won't be usable
until the moment that the old one expires.
(You personally may already know that, but
more than one guy has tossed the old LTC
as soon as the new one arrived,
and then they couldn't do purchases for weeks/months ).
ETA:
You just won the Intarwebs for the day with that one.