Owning an original KT Special, I was concerned that the creation of a
first-class replica would lower the value of originals, but actually they
helped increase them for a while.  I understand that the replicas sold for
close what a restored original would go for.  I believe these instruments
have kept their values and sell for what a restored original would sell
for now.

Some time ago, David Boehn made beautiful exact replica Wurlitzer Harps
with an improved plucking action.  The sounding boards were so superb
that owner's of originals who sounding boards had become warped, actually
ordered sounding boards from him.  Again, his new harps sold for what a
mint restored original would go for. I have no information on the
Phonoliszt.  I believe William Edgerton reproduced the KT Special.

S. K. Goodman