An old clarinet such as this one won't be "worth" what you pay somebody to fix, but I say who cares, if you're not on a super restricted fixed income or something. I don't know much about Pedler instruments, some may be good, others not as much. There are people on the board who know more. I'm only familiar with early "Harry Pedler" metal clarinets. If it has sentimental value and you'll never sell anyway, all the more reason to go ahead and play it, if you're thinking of taking up the instrument. If you find you really like playing, and you have the money, you could upgrade later. I know it's not the kind of sensible advice most people would give, but I don't really care. Have fun and enjoy your life with something enriching, like playing an a piece of history, musical and family!