If you're fixing to sell:
1. Turn over the playfield and take a close look at and test the ohms of the coils. Do any need replacing? Coils can be expensive.
2. Do the same with the coils in the head, the bottom board and check the transformer. If the transformer is shot, part the game out.
3. Look carefully at the flipper assemblies, do they need a rebuild? Keep in mind that Jack in the box has 4 flippers and flipper rebuilds are pricey.
4. Look at the wiring. If this game was on location for a long time, what quick fixes were done that need ondoing?
5. Look at the exterior metal parts (legs, side rails, coin door). Are they pitted?
6. Look at the cabinet. What's the minimum you can do to make the machine look pretty enough for someone's rec room?
7. Look at the scoring reels and mechs. Are they in good shape?
8. Are any of the playfield plastics cracked? What about the pop bumpers? Do they need rebuilding, or do they work as is?
Factor in about 10 hours of work between cleaning and soldering and determine whether or not it's worth your time. Also try to remember that even at 20 cents to a dollar a part, you can still end up spending well over $100 in parts and you're not going to get much money for a wedgehead from that era. Depending on where you live, you can expect $200-600 for that game fully working.