Wow! I wouldn't pay that much until I had a lot more info. I would want a thorough inspection of the boiler and firebox. It's missing the safety, governor, a whistle. It appears to have the rod broken, the stream cylinder is crumpled (inside might still be OK, but don't know). Any non certified work on the boiler would have to be redone/checked by a certified boiler shop, not cheap.
Given all that, it is only a stream engine, not a traction engine (and thus 90% boiler, the expensive to repair part). Steam is cool, but you should know what the heck you are doing and have some money to sink into it.
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Today's Featured Article - Earthmaster Project Progress Just a little update on my Earthmaster......it's back from the dead! I pulled the head, and soaked the stuck valves with mystery oil overnight, re-installed the head, and bingo, the compression returned. But alas, my carb foiled me again, it would fire a second then flood out. After numerous dead ends for a replacement carb, I went to work fixing mine.I soldered new floats on the float arm, they came from an old motorcycle carb, replaced the packing on the throttle shaft with o-rings, cut new ga
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