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Yep, it's from the '40's. I don't know who made it; but, most all of those '40's console radio / phonograph combinations are similar. Compared to other styles of radios, there's not that much interest. It might bring $40 from someone who really wanted it.
People often talk that "appraisal" crap just to fool some uninformed buyer into paying a big price for their item.
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