Looks to me like it spent some time underwater.
$199 BIN or make an offer, think he'll take $25?

http://cgi.ebay.com/Rare-1948-Admiral-TV-Checkerboard-Bakelite-Case-19A11-/200586500587?pt=LH_DefaultDomain_0&hash=item2eb3e319eb

Beware of the disclaimer "cannot guarantee is will arrive in one piece". Which generally means the seller could care less about packing it properly.

Kevin

What it with some of these rediculous prices these sellers are coming up with these days .
Eric , did you offer him $25?

My guess would be it was in flodded basement leaky garage .
The transformer looks pretty bad

I dunno, looks like a good case & MAYBE a good 7JP4-But it AINT worth $200...

The 7JP4 could be good when it left but shipping won't do it any good. I gave this one a passing thought it's about an hour and a half trip one way. Already have the one with the other speaker grill.
Terry