New To Everything! Need Advice For My First Lathe.

M

Mog

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Hello,
First off, allow myself to introduce.......myself. I have no experience in machinery other than metals class in high school 25 years ago. I have a working knowledge of auto engines and the like.
I am looking for a lathe for hobby work and want an old one rather than a new mini. My budget atm is limited, but I am skilled at repairs and restoration. I'd love an old South Bend lathe but craigslist isnt really popping for them right now. I have, however, been kicking this one around: https://southbend.craigslist.org/tls/5251063970.html
I realize that it would require first hand inspection to know for sure, but I'm wondering if this lathe is worth it, if it would be profitable to restore and resell, and if this would make a good first lathe. I'd prefer quick change gears, but beggers can't be choosers. I see a gear missing on the back of the tailstock abd although the it mentions the crossfeed needing a gear, it sounds like it is something with the longetudal (sp) feed in the apron after speaking with him. Thanks for ANY input, as I'm kinda all alone till I get to know more people around here with the same hobby.

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As some one that had two smaller lathes without a quick change gear box, get one with a quick change gear box :)

A common spindle nose is a handy thing if the lathe doesn't come with a couple of chucks.

Good luck.

Stuart
 
Yeah, I'm leaning to quick change as well, but is this worth the price?

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It's missing the front tumbler gear and stud. Does it have the rest of the change gears? The gear guards on top of the headstock are actually for some earlier models. And it's missing the belt guard for the motor pulley and large countershaft pulley. The 101.07403 originally came with a full belt and gear guard on top of the headstock and the motor belt 2-piece guard. Does it come with anything else?

None of the photos show the ways very well. But in what's visible, I don't see any significant wear.

I would say for just what's visible in the photos, $200 or $250.
 
Thanks wa5cab! I plan on going to look at it tomorrow or Friday and I'll have more answers.

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Well, I went to have a look see tonight. The whole apron was nearly gutted. What was there (the mitre gears) were gnarly to say the least and non functional. He felt he couldn't go less than $300 so I had to decline. Thanks again for the assist.

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keep looking because something will turn up == Good Hunting == Jack
 
Thanks!

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Just for idle interest, was there enough wear on top of the bed to clearly see where the carriage had been running?
 
The bed looked fair. I didn't see obvious wear, but several nicks on the ways near the chuck and it appeared to have crashed at least once.

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