Way too much $$$, John, IMHO.
The second pic I posted was for the MBF (What you're looking at in that CL ad) that I bought. Excellent shape. Paid the asking -- hundred bucks.
I didn't leave 55 year old motor bearings in place. Didn't leave electrical cords or wiring in place, either. These things tend to rot, and grease tends to die a slow painful death. If it's 50+ years old, and didn't HAVE work, it almost surely needs SOME work.
Fully restored ... maybe $250.
If you really want it, well ... then that's totally up to you ... but that price seems verrrrrry high, to me.
Good luck !
Last edited by Neil Brooks; 02-26-2012 at 9:45 AM.
He's no fun. He fell right over !