Very nice condition with the rust spot on top. Of course, the rates they pay for scrap metal are going up so maybe that's the basis for the price. Let's see, scrap value, maybe $5.00, but it runs even though it can't be tested and is in very nice shape except for the rust spot on top and the scratches on the front so that increases the scrap value 40 times hence $200.00. Given the, uh, environment, I wonder if mice or worse are residing in the dryer. When I see something priced like this, I wish I cared enough to ask if they would buy it at that price.