Oh, wow! I've been reading many of the threads about vintage machines over the past several years. I knew my mom's old machine was buried in our garage. DH wanted to get rid of it many times but I hung onto it, just couldn't let it go. I told him just a few weeks ago I wanted to bring it in and take a closer look at it. It's not been used in 30 years.
When I saw your picture I couldn't believe it. It's my mom's machine! DH just went out to the garage to check. Same cabinet! They are sisters...mine has a serial number of AM552973 and yours is AM5661043.
The veneer on the table is shot, so I may not be able to salvage that, but I'm pretty sure the machine isn't too bad. DH and son are going to bring it in this weekend and we'll start to learn about 201s! It was used when Mom got it. I was told it had been a school home ec machine, and I remember it sewed great for my 8th grade home ec project. But mom really disliked sewing so it was seldom used other than patching some clothes. Thanks for posting your find! Mine's going to come into the house!