Exactly! Buy for $1.200, sell for $2,500. So with that being said, what would be the real value of that machine?
To the seller, $1500. Since it would take work to get it worth $2500, that would be value added for the cleanup. But, since the glass looks broken, I'm guessing it wouldn't be just cleaning to ad value.
Some people would back into the number, restored price=$6000-$3800 for a restoration so around $2200. So if your buying to restore and resell like signguy and others, you could pay this amount and pay yourself nicely for the restoration. However, restorers want the job and the some more profit if speculating, so they obviously want it cheaper hence the lower value. This is why they won't pay a collector value for a nice original. That's good business.
Fyi, To the poor sap thinking they can do it themselves because its "easy" and won't cost more than $1500, is one reason why you get people paying the high water mark... It ain't easy, and $1500 covers the chrome!!
And it's in a group shop, if it was even there when it was listed, they still want the advertising so the ad will be up forever.
Just my opinion....
