[Arran]

That looks like a very well kept example of a 37-116, no rust or damage to the finish. As for the Philco 70s and Philco 90 cathedral sets they may be broadcast band only but they are both excellent performers, they are also of a iconic design. Personally I can see no reason to pay top dollar for either a 90 or 70, there are plenty enough of either set to go around, even more so with Philco 20s. Unlike the 1933-38 Philcos, many sets that do have shortwave bands don't really have a useful spread on the bands, everything is too close together.
Regards
Arran