RETROFRET VINTAGE GUITARS of Brooklyn, New York, is selling what they claim is a Lev-built theremin (circa 1938).
http://www.retrofret.com/products.asp?ProductID=5165
The seller makes certain comparisons between this instrument and the custom theremins Lev made for Clara Rockmore and Lucie Rosen but the fact is they are very different. Here is a photo of the inside of Clara's instrument (top center inset) superimposed on the inside of the cabinet of the Retrofret theremin. They have little in common!
http://www.peterpringle.com/clarapix/clararetro.jpg
The Retrofret theremin seems to be a Teletouch type of instrument, housed in a typical Teletouch cabinet with integrated speaker. The TELETOUCH CORPORATION was started by Lev in 1933 after RCA had decided not to continue manufacturing theremins. Lev moved the company into what had been the Theremin Studio in the Rosen townhouse on West 54th St. in Manhattan, and continued making theremins on special order only. Most of what Teletouch was involved with had to do with Lev's other inventions (automatic door openers, fire alarms, burglar alarms, etc. etc.) No one seems to know how many Teletouch theremins were sold but it was not very many and the company did not want to follow in the failed footsteps of RCA. Most people find the sound of the Teletouch theremins disappointing in comparison with the RCA and Clara's custom instrument.
For those of you who have not seen Reid Welch's talk on the Teletouch theremin that belonged to the late William A. Nickert, here is the URL. Uncle Howie can tell us more about Mr. Nickert as he knew him personally. I think our venerable Uncle Howie was also there when Moses came down from the mountain top!

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GULP!
$75,000.00...???????
They will be lucky to get $7500.00
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That's possible Jesper. They may just want to keep the instrument in the shop as a curiosity and museum piece to attract customers.
If someone actually buys the instrument for the price they are asking (which is extremely unlikely) they've hit the jackpot!
If it is true that the sellers are asking $75,000.00 for the instrument, I think the question ought to be: Who in their right mind would buy this instrument for that kind of money regardless of whether they have heard it or not.
It may have been a good idea NOT to publish an mp3 of the instrument on the RETROFRET website because it would probably have turned a lot of people off.
The Teletouch theremins were "bare bones" instruments, made in the cheapest possible way. Uncle, do I recall correctly that Mr. Nickert was very disappointed with his Teletouch theremin and sold it so that he could get himself an RCA??
On the LEVNET COMPILATION CD VOL. 1, published in 1998, there is a recording of Nickert made in 1965 when the old boy was 88 years old, but he is not playing his Teletouch, he is playing his RCA. He was also a dreadfully bad thereminist but, like so many, he made up in enthusiasm for the instrument what he lacked in technique.
As for your family tree, you forget who you are talking to!! I know who you REALLY are!!