What's the value of a restored 1015 OMT Wurlitzer?

I did a ground up restoration on a Wurlitzer 1015 OMT 50 CD unit.

Rebuilt the pillasters, new glass on the sides. I mean everything was gone
through. It looks and plays like brand new.

I used to see these go for around 5K. Now they don't bring 4K?

Has the jukebox market tanked or what?

Mike

I don't know that I EVER saw a 50 CD OMT sell for $5,000.00. Maybe when it
was brand new?!?!?!
I bought my 100CD OMT a few years ago for $5,100.00 new in the crate at the
Chicagoland Show.
And yes, the jukebox market has tanked.
With the exception of a few 45 RPM jukes like the AMI Continental and the
Wurlitzer 2000, the market is nowhere near what it was even just a few years
ago.
Most people just want to buy a $200.00 touchscreen monitor and run a virtual
jukebox with 100,000 MP3 songs on it from their home PC these days.
Sad but true!



"Michael Bourke" wrote in message
...
I did a ground up restoration on a Wurlitzer 1015 OMT 50 CD unit.

Rebuilt the pillasters, new glass on the sides. I mean everything was gone
through. It looks and plays like brand new.

I used to see these go for around 5K. Now they don't bring 4K?

Has the jukebox market tanked or what?

Mike

Mike,

The juke market hasn't tanked, but there has been such a deluge of used units hit the streets since the introduction of the "down-loading" commercial juke that prices are suppressed. Add to that the influence of MP3 players, big screen TV's, computer and hand-held games, ad inifinitum, and there is a lot of competition for leisure spending.

To top it off, Rock-Ola sent me my sales info packet today that shows they are premiering a line of reproduction home models with a PC tower that will operate a lot like their new downloadable commercial models. It has a capacity of 40,000 selections and uses a touchscreen. However, there is no way to make it "pay-for-play". Details should be up on our site soon.

And like a lot of folks, "If I had the money....."

You're lucky if one of these brings $3000, but the vast majority sell
for $1500-2500. The 100CD version is worth somewhat more, but OMT's
have tanked HARD!

What is a ``tanked jukebox``

Any jukebox that isn't a 200 selection AMI Continental, a Wurlitzer 2000, or
possibly a Seeburg VL. Even the AMI I-200's are dropping like a rock in
price.
Jukes are losing about 30% of their value per year right now.

"Ken G." wrote in message
...
What is a ``tanked jukebox``

ebay still shows some activity on fully restored 50`s machines . I think
the price has dropped mainly for collectors . A nice jukebox can still
sell to the non collector for a game room setting for a fair amount . I
just sold a Seeburg STD4 for 850$ .

Hearing your news it is tempting to trade my Rockola 1485 tempo II for a
CD bubbler .

I used to get about 1 call a month from someone looking for a juke for their
basement or gameroom.
Now I get about 1 call every 6 months, and they usually don't end up buying
one.
MP3's available online have almost completely killed the desire to have a
juke in a basement or gameroom. As I mentioned before, a lot of people that
I know are running a touchscreen monitor from their home computer to their
bar or gameroom, and are using one of the excellent, FREE jukebox software
programs instead of having a real juke.
Sad but true. And as far as Ebay and collector prices go, they aren't
anywhere near what they were even 18 months ago.
Right now there is a clean, working, 200 selection AMI Continental II on
Ebay sitting at $2,000.00!
I used to get $2,000.00 for very rough, non-working ones!
I'm not happy about it, but the facts are the facts.
Sure, you can fine one or two 50's jukes that still end up bringing a decent
price on Ebay, but they are few and far between, and are usually being sold
by a dealer who is known for jacking up their prices by shill bidding.


"Ken G." wrote in message
...
ebay still shows some activity on fully restored 50`s machines . I think
the price has dropped mainly for collectors . A nice jukebox can still
sell to the non collector for a game room setting for a fair amount . I
just sold a Seeburg STD4 for 850$ .

Hearing your news it is tempting to trade my Rockola 1485 tempo II for a
CD bubbler .

It depends on the area you live and the shipping factor . Shipping those
things is expensive . I saw someone recently buy a nice Wurlitzer 1250
from an antique mall here for 2500$ . I take antique radios in there so
i saw them buying it .