After watching and bidding on Vacumatics for some months (and getting consistently outbid), I won one (my first Vac) from the 'bay just a few days ago. The descriptions says it sucks up water, so I'm hopeful it works. Here's the link: http://www.ebay.com/itm/Parker-Vintage-Vacumatic-Fountain-Pen-Jewel-Top-Blue-Diamond-Works-NR-/380551398447?_trksid=p2047675.l2557&ssPageName=STRK%3AMEWNX%3AIT&nma=true&si=hdag2zvZF0y02vUDbbYUBlhLuk4%253D&orig_cvip=true&rt=nc
After watching and bidding on Vacumatics for some months (and getting consistently outbid), I won one (my first Vac) from the 'bay just a few days ago. The descriptions says it sucks up water, so I'm hopeful it works. Here's the link: http://www.ebay.com/itm/Parker-Vintage-Vacumatic-Fountain-Pen-Jewel-Top-Blue-Diamond-Works-NR-/380551398447?_trksid=p2047675.l2557&ssPageName=STRK%3AMEWNX%3AIT&nma=true&si=hdag2zvZF0y02vUDbbYUBlhLuk4%253D&orig_cvip=true&rt=nc
The last two auctions I didn't win sold for $42. I had my maximum bid set at $40 and it went for $36.50. So, as others have said, "What's an arm and a leg" for you? I've restored a pen that was my maternal grandfather's that sat in various drawers for more than 50 years. I've tore down a couple vintage Esterbrooks and replaced both sacs and j-bars. If figure if this Parker doesn't work, it'll be a good experience trying to repair one of those as well.
Hmm.. It sucked up water...
Please, don't trust it. That diaphragm is rubber and sixty years old. It will need a service.
The good news is you got it for a great price. You should be able to have it serviced, own a great pen, and still not have spent too much.
I made this mistake once. A nice 51 vac that sucked up water. Even held ink. I used it for a week before I suddenly had ink everywhere. Fortunetely,everywhere was the pen and my hands, not my shirt!
I'm actually using that same pen today!