A friend of a friend has an LR1 that was left to him when his father passed away.  The engine has been stored in his dad's shop for more than 20 years and is in unknown condition.

The seller has not tried to start it and has no idea if it runs.  He has tried to hand crank it and it's not stuck.  He does not know anything further regarding its internal condition.  He does remember it running 20 years or so ago.

Tag says 4.5 HP @ 1800 RPM.  Didn't get the full serial number but am guessing at the LR series based on the pic and HP rating.

I offered him $200 for it.  He was told by somebody's brother that it could be worth as much as $1200 if restored and likely between $500 - $800 as is.  That seemed awfully rich to me for an engine in unknown condition that really isn't all that old or collectible.  I figured $350 for it if it ran seemed about right and $200 in unknown shape seemed fair.

What would be a reasonable value on something like this?  I was trying to be fair price-wise to both of us.

Thoughts?

Thanks,

Steve

Hello all,

I purchased two 6/1 engines from a long-time member on this forum over in the Worcester UK area about a year ago.  They were originally to be shipped as part of the container Mike was putting together and were in storage while the logistics were being worked out.  Unfortunately, they have yet to be shipped, the member has disappeared from this site, and has stopped responding to my emails.

Is there anyone who lives in the Worcester UK area who would consider helping me by either giving him a call or stopping by his place to inquire on my behalf?

His last contact was July 11, 2011.  In that email, he mentioned that he was leaving for Germany to work on a racing team and that he would be back in about two weeks.  I've since emailed numerous times trying schedule delivery to the shipping warehouse.  To date, I have not received a response.

I am very disappointed as I forwarded him a significant sum of money for two very nice engines.  This was not a bargain basement sale.  He was a long time forum member so I figured there would be no problem trusting that he'd follow through.  However, he has moved on to other interests (racing) and isn't into the stationary engines like he once was.  Hence, why he was willing to sell the engines.  They are supposedly in storage in the Worcester area waiting to be shipped.  Unfortunately, it has not been a priority of his to follow through and get it done.  At this point it's a year later and I have no engines, nor an estimated delivery date to the shipping warehouse. 

I feel I have been overly patient and have tried to be understanding of the various excuses that have been presented.  However, after a year my patience has reached its end.  I figured I'd ask to see if anyone was willing to lend a hand before I am forced to retain legal council.

I do have a name and address that I can forward, but I'd rather do it privately as I’m still trying to give the guy the benefit of the doubt.  Please PM me for it if you'd be willing to lend a hand.

To say this is a HUGE disappointment would be an understatement.

Any help would be much appreciated! 

Thanks in advance,

Steve

I found these videos on accident while browsing YouTube.  

***Make sure to close the Google ads that cover up the text he posted and heed his warnings***

Redkrabby, nice job!  Don't know if he's on this forum.  If he is, don't mean to steal your thunder.

So, before all of the critics take off, please take the time to read his answers to questions below.  He usually redirects the off gasses to help power the burner and only was showing that they were combustible for the video.  He knows better than to breathe them.  Also, he didn't have pressure gauges in place when he was shooting but has them now.  Finally, he is able to take the residual left in the boiler, mix with diesel and feed to the burner.  Finally, he only feeds very small amounts of WMO into the boiler at a time to minimize the risks.

Yes, all of the usual don't try this stuff at home unless you know what you're doing warnings apply.

Nevertheless, all very interesting in my estimation.

http://www.youtube.com/watch?v=zFLQpgkFXnU

http://www.youtube.com/watch?v=SmvMO8OZJus

Enjoy,

Steve