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These old radios are not nearly as valuable as people seem to think they are. and the high end Grundig Majestic 7038 USA is no exception to this rule. It is a nice set to be sure, the craftsmanship used to construct these consoles was nothing less than stunning. Unfortunately, they are terribly difficult and expensive to service or repair, which deflates their value greatly. A full blown Grundig Majestic 7038 USA Console, with both, the 4 speed record changer, and the optional reel to reel tape player along with the tilt out radio unit that has Long Wave, Short Wave, and FM capability along with the HI FI built in 6 channel equalizer, if in absolute MINT, and I mean SHOW ROOM MINT condition, with EVERYTHING working properly, tops out at about $800.00 or so. If anything at all is wrong with the unit, it is basically a door stop and is worth perhaps 100 to 200 depending on the completeness of the accessories (no missing parts), and the overall and general condition of the cabinette, knobs, et all. There were however two basic variations of this console, the HI-FI (Predicessor to Stereo) unit, and an actual Stereo version. The Stereo version is worth a bit more than the HI-FI version, and is somewhat more difficult to find. So, if your one of the lucky dogs that has the full blown high end 7038 Stereo version, that unit might top out, again in WORKING showroom MINT condition, at around 1000 to 1200. Again, anything less than showroom working mint, dings, scratches, non-working components, well, the value drops down and down very quickly.

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