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Vintage Console Value?

A vintage console value.I have a 1958 Grinding Majestic Stereo Console with record player, pull open radio and reel to reel. Everything is in good working condition. Console is in great shape. Only exception is wire have came loose from speakers, which is an easy fix. What is the value of it?

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A vintage console value.
 
A vintage console value.
 
A vintage console value.
 
The label on a vintage stereo.
 
The label on a vintage stereo.
 

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Gold Feedback Medal for All Time! 949 Feedbacks
May 17, 20220 found this helpful
Best Answer

This looks like a nice unit and Grundig is a good brand name but consoles usually only sell in certain areas of the country so where you are located will have a big bearing on the value of your unit.

I will say this: if you posted your unit for sale with this remark;; - Console is in great shape. Only exception is wire have came loose from speakers, which is an easy fix -

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in the description, you may not even receive an offer as your
unit's woeking condition would be in question.
So, please, be sure everything is in good working condition before you list it for sale.

The following unit is the only set like your model that I could find online. This is the same model as your set but that is where the similarity ends as this unit has been professionally refurbished on the outside and all new components have replaced all the original works.
This type of unit may appeal to more people as not everyone is interested in the original equipment.
This unit is listed for sale at $2,900 with free shipping. Free shipping (instead of local pick up only) shows it is a dealer that is selling this unit. Shipping normally would cost between $500-$1,000.

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It's possible this unit has been listed for sale for a long time.
www.etsy.com/.../blonde-grundig-console-stereo?gpla...

I did find a 'similar' unit on eBay's sold listings. The site shows it sold for $657 but checking further you will find the unit was not sold (never paid for) and the seller has relisted the item all over again. This type of 'sale' happens often when dealing with heavy pieces such as this console.
www.ebay.com/.../284777868367?hash=item424e156c4f...

www.ebay.com/.../284809542788?ViewItem=&item=284809542788

It would be very difficult to place a value on your unit as your area may be 'into' vintage consoles or they may not pick one up for free.
You can always place your unit for sale on sites like Craigslist or Facebook Marketplace to see what happens. Always start your price higher - (maybe $900 -$1,000 or more if you wish) and wait a few weeks to see if you receive any offers. If no one makes an offer you can lower the price and wait again.

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If you want to discuss your unit with more knowledgeable people, there are several forums that are very good with answering questions about these older units.
www.vintage-radio.net/.../showthread.php?t=174267
forums.stevehoffman.tv/.../
antiqueradios.com/.../viewtopic.php?f=9&t=185003
audiokarma.org/.../

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Gold Post Medal for All Time! 677 Posts
May 17, 20220 found this helpful

People ask around $225 for these on eBay. They probably sell for $50 less.

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Silver Answer Medal for All Time! 320 Answers
May 17, 20221 found this helpful

Sweeeeet! There is a similar console listed on etsy.com for $2900 USD. It doesn't have the reel-to-reel but the finish might be a little better than yours. Does yours have the secret drawer at the bottom? I would hold on to it until the economy improves enough for a properly cool customer to pay a good price.

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P.S. The brand name is Grundig :-)

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Bronze Tip Medal for All Time! 59 Tips
May 23, 20220 found this helpful

You may want to have your Grundig console professionally appraised.
This model is listed for $1500 on ebay:
www.ebay.com/.../224686990317?hash=item34506363ed...
Another model is listed for $900:
www.ebay.com/.../132425468528?hash=item1ed52c4a70...

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June 12, 20220 found this helpful

I found exactly the same model. Check the price of 1958 Grundig Majestic console here:

www.worthpoint.com/.../incredible-1958-grundig-majestic...

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(use free trial to see the price)

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June 12, 20220 found this helpful

You have a 1958 Grundig Majestic Stereo Console model Radiogram 7038, lowboy

www.radiomuseum.org/.../grundig_radiogram_7038.html

This model was at the top of the line for 1958.

I found 1958 GRUNDIG Majestic TUBE AMP Stereo Console 7038:

picclick.com/1958-GRUNDIG-Majestic-TUBE-AMP-Stereo...

It was sold at $777.
Radio works, phono and tape section un-tested, emblem on tape unit is missing tiny crest, no cracks in finish, a couple chips along back edge, microphone not included, changer disk included.

But another Vintage Grundig Majestic Multisonic model 7028 was sold for $5

www.equip-bid.com/.../2048

The price depends on demand in your area because the shipping is very expensive.

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