This Park truing stand was rebuilt by the professional mechanics at Turin bike shop in Evanston. I purchased it while taking a wheel building class there. It is in perfect working condition, and ready to use. New this 'Park Tool Professional Wheel Truing Stand' is going for $299.99 to $180.00 (http://www.amazon.com/Park-Professional-Wheel-Truing-Stand/dp/B0030...) I am asking $150 (firm). If you're a bicycle wheel builder you will not be disappointed.