Serously 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.