It's not a 4-1/2 MT. The Sheldon spindle taper is a tad bigger at the face of the spindle. On a Sheldon lathe the diameter at the face of the spindle is 1.625". A true 4-1/2 MT is 1.500" at the gage line on the large end. Big difference if you ask me. My collet adapter measures 1.634 dia. at .100 from the back of the flange on the adapter. When installed, the gap between the spindle and the flange of the adapter is about .250.I would almost guarantee that the taper is MT 4.5 . I own a machine with the same exact spindle and MT 5 will not fit .
Technically, its not a no. 5 MT. It's more like a Morse 4-3/4 taper if there was such a thing.Ken is right. The Sheldon lathes have an MT5 spindle, but it is shortened. I'm not exactly sure what the dimensions are, but the slope and major? diameter match up with a MT5.
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