Hi guys,
during the weekend, I bought a pair of Ives set no. 700s off of eBay, one in red and the other in green. Yesterday, they arrived. The red one, unfortunately, sits there and buzzes. Eventually, it began to smoke, so I stopped trying to get it to run. The cloth wire inside is at best, mediocre. Any advice on what I should do? Can I save the wiring, or should I get rid of it and get new wiring installed? Also, how much would new wiring cost? And, how much to get work done on the motor? Below is a photo of the two 3241s.
Thanks,
Alex