[TexMac]

As a collectible the set is probably not worth much. In pristine condition, maybe $50. However mine is priceless. It was the first appliance my folks bought when they got married after the war. I grew up listening to it and reception was great for what it was. After my Dad died, it was my first restoration. It had sat on a shelf at my Mom's since I blew the tube filaments trying to convert it to AC when I was a kid. It does take a good antenna and an earth ground, but I can clearly remember Dad picking up Hawaii from Central Texas when I was little. It proudly sits on my computer desk as I write.

As for repair, it is probably one of the easiest you will find. I am currently walking a newbie through restoring one in Missouri. A homemade battery pack for it costs $7 using "Just-A-$1.00" store batteries plus a few dollars worth of parts to connect them. It is perfectly safe for a first time repair since it does not connect to the AC line. The service data is readily available and I have some underside photos if you need them to locate the parts.

Edit: Oh, and since it has probably sat dormant for many years, it probably only needs a set of capacitors that cost less than $10 for all of them. The tube filaments are a little delicate, so you might need one or two. Again, less than $10 should cover that. It is an easy fix and anyone with reasonable intelligence and handy mechanical skills can restore it.