That is a #265 Gorton grinder, and quite an old one, it will only do D bit type cutters, not end mills, as the workhead does not incline for end clearance, for that reason, collets really do not much matter, as you only would really need a Gorton taper collet and a .100 or >200 collet for D bit engraving. The Gorton #500 grinder will do the ends of end mills and D bit cutters, for spiral flutes, the Gorton #375 cutter grinder is used. I have a @265 and a #500, and mostly use the #265 due to it's simplicity, and only sharpen D bits with it. The collets do not go as big as 3/4".