Made a mistake. It's actually from 1986! 30 years old! It still says "West germany" on it! A Cold War relic!
Thanks a lot for the answers. The question I'd like to know is how is the Hegner Polymax being sold today for 3 grand different from a 1986 Polymax. The main components, as far as I can observe, all look almost exactly the same.
I saw this review on Amazon, comparing a lower end Hegner (22'' multimax) with the Dewalt 788:
www.amazon.com/HEGNER-Variable-Speed-Scroll-Saw/dp/B000RK1S0E/ref=pd_sxp_f_pt
"A great machine. I had tried the Dewalt 788 (two of them, as a matter of fact!), and this one is far superior in every respect. It is important to have a good solid base in order to reduce vibration. Also, if one intends to do fret work, the QuickClamp is highly recommended. The parallel arms reduces the forward and backward movement of the saw blade to a minimum, a solid base reduces vibration and noise to a non-factor, and changing blades is every bit as easy as was it was with the Dewalt. What I really like about this machine is the simplicity of the engineering. Machines with less complicated designs are always better. This is truly a five-star machine."
So I am tempted... also because the 5 reviews for the Hegner 18'' are 5 star
http://www.amazon.com/Hegner-Variable-Speed-Scroll-Saw/dp/B000ANIQGC/ref=sr_1_1?s=hi&ie=UTF8&qid=1424127469&sr=1-1
And folks who have Hegners from 86-87 have nothing but good things to say
http://lumberjocks.com/topics/5153
Advanced Machinery sells the Polymax 3 for about 3 grand and the other lower end models at half to almost a quarter of that.
So the guy tells me that this is a "3 thousand dollar saw" And he is including a bunch of extra clamps and blades. I already offered him $400 and he refused.