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If you're local to East Anglia we may be interested in buying it as we need something to repare a horse's coat on.. Thank you.
You should look up the serial number on this site. http://ismacs.net/singer_sewing_machine_company/serial-numbers/singer-sewing-machine-serial-number-database.html Some machines are rare and only a few were made and could be valuable. Also, an industrial machine will be suitable for more heavy duty work and is definitely worth saving.