In my mind it's not even worth $500.00. There have been a few nicely equipped AMMCO machines that have come up for sale in this area. A complete machine in running condition with accessories usually goes for $400.00 to $600.00Serously not a good machine. The new paint could cover cracks and abuse. Frankly it looks like a 500$ machine with a new paint job. "Museum quality" means he's not a machinist and doesn't know what he has. Run away! I bought a10" shaper last fall for $700, and I can get a fully restored Peerless 9" (fully rebuilt) for $750 in Canuckistan dollars.
There is an original one on E-Bay for $275 right now.Would love to have the big pulley guard, but they're going for stupid money now too.