What mods were done- and how much does he want for it?
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If he bought it in total ignorance of the problems of stock Lencos and the work involved in restoring/rebuilding them, then he would be disappointed. Not like Thorenses, which need perhaps a belt and a new cartridge. Also not like the Thorenses in that their potential is immeasurably higher. There'll be a line-up of folks wanting to take it off his hands if he finds it too problematic. Hope it didn't get damaged in transit.
Sucks how? I have two, one fully modded/replinthed/re-armed etc, and the other simply restored and mildly tweaked. The first is utterly awsome -- best TT or front end for that matter I've been intimate with. The second is terrific too, giving extremely musical and pacey performance for real cheap.
So what Lenco has he got, how modded or restored, what condition, and what associated gear (cart, etc)?
First trick is finding a good one. While these may be the giant killers they are old and given they were sold as run of the mill players, likely many owners did not care for them, so finding a quality one, especially after all the hype now not so easy. I am weary of the few models I have seen advertised.
Given that a Loricraft(similar concept) is going to cost over 10X, for a 501 new model and close to 5X for a good 401, same with Teres, Sota, etc... high-end tables still going to keep my eyes open for a Lenco. Meanwhile saving up for one of the expensive but quality commercial models in case my patience wears out.
So count me in line if your friend wants to sell, if Pics can be provided to show motor/platter unit not damaged. Which is still hard to completely verify via photos but can at least catch an obvious flaw. Still a gamble until arrives and can inspect in detail.
Adding all this effort up, if you have time great, but ironically for me time is much if not more of a constraint.
If David is up to building one for you I would go for it. Lencos definitely have alot going for them and I'm confident he can get as close to the max as anyone of what they can offer. Even if it doesn't prove to be the last table you ever buy you will still get a real work of art that you'll be tickled with for many years to come, both in looks and performace.
Btw, hope you can make it to Denver next month!
Rick...will give you a call early this week. In and out the rest-o-the-weekend. Albert had one built for him (plinth). He was in the very good but not great category previously. Not sure where he stands now. Keep in mind his system.
I will say this. While I have heard many tables both cheap and expensive, and I do think the rebuilts will hold their own with some, it is NOT my contention that they are the best table one can own or that they will kick the pants of anything. Rather, they are very good and very, very good for the money. There is a danger of overhyping anything and I feel that some are getting pretty close to the edge on the description of these. OTOH, with respect to beauty as in furniture art beauty, the possibility of having something that sounds great which is also visually stunning is much greater with a rebuilt than what is available on the market.