I have a friend who has inherited a Type 96 Light Machine gun. He got from his Father who got it from his Grandfather who was in WWII. The story I am told is the Grandfather captured it in WWII and brought it back to the states. My friend wants to know what it would be worth for insurance reasons, he does not want to sell it. I know nothing about these but I am thinking it is a fully automatic weapon which would require some type of licensing, correct? How would he go about this? If this is in the wrong forum please redirect.