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How wonderful! I have the very first electric Singer sewing machine in mint condition. There is a book on Amazon called "The Encyclopedia of Early American & Antique Sewing Machines: Identification and Values" that isn't extremely expensive that you might want to buy... or see if they have it in your local library!
Here is a site I found Antique Buyer that may be of interest to you as well. They seem to be very up on sewing machines. There are a lot of photos and some great information.
I think that it's great that you have inherited a Singer sewing machine of that early era in the manufacturing of them! It is probably very beautiful!
Since you say that you inherited it, then I am going to proceed under the assumption that you really inherited it from a relative and say, not some neighbor or someone who is not related just giving it to you.
Don't have a possible price for you. Good suggestions above. But, the fact that it is something that has been in your family for a very long time makes it priceless.
A lot of people will say that the old machines don't have much value because they keep appearing in yard and garage sales, etc.
However, some of the machines from the early era of them can be quite beautiful in the artwork on the machines themselves and also in the cabinetry work.
They can make a nice display in the home if you get creative and put some things around them that are also from the same era from when they were made. They can become great conversation pieces then.
In my home, almost every piece of furniture has a story behind it. Either have a long history in my family or, there was an unusual way in which I aquired them.
Your machine already has a sentimental value to you because of it's history in your family. Whether or not it has much monetary value depends on its condition, beauty and what someone would want to pay for it.
If it were mine, and had belonged to one of my relatives, like parents, grandparents or great-grandparents, etc., then I would want to hang on to it, for myself, and also for my children. I'm hoping that isn't a question in your case.
Just a tip. If the machine is on a stand that is made out of cast iron, which it almost certainly is, please be very careful when moving it so that it doesn't get dropped. The cast iron does break very easily. That's how we lost a very old family sewing machine. I was the one who dropped it on the cement outdoors!
I sold a 1883 Singer sewing machine, with a Coffin top, that covered the machine on top, instead of it dropping down into the cabinet, for 530.00. It was in very good condition, with 6 side drawers. Hope this helps, bhfinds
bhfinds again. I agree with some of the others. If it is a family piece, try to hang on to it. These are what memories are made of. I bought mine at an auction for 150.00, sold it on eBay for 530.00, sent it thru a shipper that boxed it, which dropped something on it bad enough to break the machine in half, along with the cast iron legs, and that is one less treadle machine in the world. I was sick about it, and so was the buyer. So, treasure it, it is priceless. Thanks, bhfinds