The horn appears to be a New Wonder series II. Some people call it a Chu Berry, but Leon "Chu" Berry who used this model exclusively played tenor. It is a very good horn, and 700 + 500 (aprox) for an overhaul would not be a bad investment. There are several things to consider though.
-If you pay enough attention to Ebay, you will find the exact or similiar model in good playing condition for around $500. Please keep in mind that good playing examples in this price range are becoming extremely difficult to find. You REALLY have to know what you are looking for if you're shopping vintage on Ebay as well.
-In your post you've stated that you were using this horn for college. Are you planning on using this horn for more recreational use (marching bands, pep bands, ect.) or are you majoring in saxophone? This horn would be ideal for recreational or private use. If you plan on studying the saxophone you should be advised that some schools require the use of a modern horn. Other schools will even require a particular model of saxophone. I find this act ridiculous, but if those are the rules of the gig, then you'd be wise to abide by them.
-If you pay enough attention to Ebay, you will find the exact or similiar model in good playing condition for around $500. Please keep in mind that good playing examples in this price range are becoming extremely difficult to find. You REALLY have to know what you are looking for if you're shopping vintage on Ebay as well.
-In your post you've stated that you were using this horn for college. Are you planning on using this horn for more recreational use (marching bands, pep bands, ect.) or are you majoring in saxophone? This horn would be ideal for recreational or private use. If you plan on studying the saxophone you should be advised that some schools require the use of a modern horn. Other schools will even require a particular model of saxophone. I find this act ridiculous, but if those are the rules of the gig, then you'd be wise to abide by them.