Just acquired this old lathe and wonder if it's worth restoring? Sons apprenticing as a machinist and I'd love to restore it and surprise him. Wondering how much play is acceptable in the gears?
I think we will need more information ... ideally a lot of photos. Gear slop is generally not a big problem. Bed wear and spindle runout are the serious problems that could make a lathe not worth restoring.
Restoring a lathe can be a wonderful learning experience. Maybe your son would benefit from doing it himself.
I'd say just start with some general shots - front, back, headstock, drive train, inside the headstock cover (showing pulleys), carriage, tailstock, etc.
if there are no reasons the lathe is not operational as it is--- then now is the best time to give it to your son for him to use and then if he feels it isn't adequate to get good results---both of you can work together to refurbish it, or upgrade to a more precise lathe.
Dave
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