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I am often asked how a C&R license (Curio & Relic, also called a Type 03 Federal Firearms License; not to be confused with "Class 3") affects the purchase of a machine gun. So, I put the question to John Keene, NFA specialist for the Morphy Auction Company...
The short version is that a C&R license does not allow you to skip the NFA transfer process. You still must submit fingerprints and photographs, and wait 6-9 months for your tax stamp to be processed. Once it is approved, however, a C&R eligible machine gun can be shipped interstate to you, without having to go through an NFA dealer in your state.
For the record, the ATF has a document which lists C&R eligible firearms (https://www.atf.gov/file/128116/download). In addition, any firearms 50 years old or older is also considered a Curio & Relic...which now includes every gun registered in the 1968 amnesty.
Contact: Forgotten Weapons 6281 N. Oracle #36270 Tucson, AZ 85740