I thought it was old until I saw it's birtday is after mine.........
 

Birthday April 2 1954. I rescued another old derelict sewing machine this week. I removed broken wiring. Here it is before I worked on the rest of it:
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I cleaned about 60 years accumulation of lint and junk out of the bobbin area and I rebuilt the tension - set it aside.
Then I used the Naptha according to Glenn's tutorial - ugly?
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The bottom side is black rather than shiny metal coated with oil. There is no end to the fuzz.
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Ok back to top side. I can see this isn't going to be pretty - can you? Putting on raw linseed oil thinned with denatured alcohol.
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I got the whole machine covered with it and it looked a lot better but the surface is still ugly - sort of looks like a map of the world.
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It has been gone over and gone over since the last photo and in bad light it is passable maybe - it is smooth feeling
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But in better light, I'm not sure there is a cure for ugly
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Poll time
What would you do with it?
a) strip off old finish and Paint it
b) keep going over it and hope for smoother finish
c) strip it and shellac it buy new decals
d) strip it and shellac - no new decals
e) give up and leave it like it is and use it

Would your poll answer change if it was a different model?
What model would you prefer?

Another opinion poll:
Would you
a) rewire it
b) put a hand crank on it
c) treadle it
d) junk it - be honest....

The mechanics move very freely. All of the parts cleaned up nicely. There was no rust on it except a couple spots on the bed and where they left thread on the bobbin - but it cleaned up nice. It seems to have been used a lot a long time ago. I don't believe anybody cleaned it or oiled it much. That doesn't stop this one - it still goes strong. She needs a name, too.