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Challenge Guillotine Hand Operated Paper Cutter. Style 230. Serial number C19587. As best I can tell this was manufactured sometime in the 1950s.
Pulled from a college printmaking studio and has been in use as a printshop paper cutter for several years. Works really well and cuts smoothly. Includes second blade (not pictured).
$300 or best offer. Pick up only in Dallas, TX. You will need a few men and a solid trailer or truck to move it. This thing is on wheels, but does weigh over 500 lbs.