Adding to Bejaymac’s answer: You can also save it as a prop/asset. Same thing applies. You will basically have a new item that you will use when needed, but still have the original.
You need to be careful when doing that, if it already has asset files then not watching what your doing will result in the original assets being replaced, as the asset save window will have the original ID and product data in them.
That’s why I said to use the scene subset, if you screw it up all you do is delete that DUF file and try again, screw it up with Figure/Prop assets and you have to uninstall and then reinstall the product to get the original assets back.