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It is rather strange.  You'd have to put it beside an open frame chair, like a Poang from Ikea.  And stylistically it makes no sense. People would look at it and say, "Why do you have your radio turned around backward?"

What publications did Philco often advertise in?  I wonder if I could find an ad showing a chairside?

I checked eBay, but the first dozen or so ads I looked at don't say what magazines they came out of!