With the lock not being original I would take a closer look to see if it is even functional. I’m not sold on his “combination out the window” story. Before forking over $200 I would take the back of the door off and see that everything is there. Personally i wouldn’t pay that much. It is nothing unique, just an old safe in poor condition, The newer lock as well as the missing compartment door inside hurts the value as a collector piece if you intend to restore it.
Offer him $50 if he can load it for you. Tell him you talked to a locksmith and it will cost $100 to figure out the combination. Remind him half the weight is mortar inside the walls and door, salvage guys know that. He has looked into both and that is why it has set there for 20 years. If I had to load it myself it would drop to $25.
But that’s me. I love to haggle and play the game. You can always pay his price and buy it if you don’t piss him off to much. If you do, go on Craigslist and you will find one in better shape. In fact, run a wanted ad on there for an old safe and you will get responses.
There are worse things to spend $200 on. A prostitute, the casino, crack cocaine, all of them will be more fun and the wife will approve of none of them, including the safe. Remind her the safe is by far the best option for her. 😃: