Some people really think they struck gold.....

Cooter Brown

Cooter Brown

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I seriously wonder who in the company placed the listing. Note just above the first picture the caption reads:
"HUGE 544 Piece Industrial Wholesale Lot Machinist CNC Lathe Bits Various Sizes"

It looks like a real mish mash of Morse taper drills, Silver & Deming drills, reamers, countersinks, and extended length straight drills. Of the 544 pieces the vast majority are only 3 different sizes, 1/4", 5/16" and 1/2". If you do buy them chances are you'll have a lifetime supply of those sizes.
 
projectnut said:
I seriously wonder who in the company placed the listing. Note just above the first picture the caption reads:
"HUGE 544 Piece Industrial Wholesale Lot Machinist CNC Lathe Bits Various Sizes"

It looks like a real mish mash of Morse taper drills, Silver & Deming drills, reamers, countersinks, and extended length straight drills. Of the 544 pieces the vast majority are only 3 different sizes, 1/4", 5/16" and 1/2". If you do buy them chances are you'll have a lifetime supply of those sizes.
Click to expand...
That is the mystery,but then I took a look at the "company" Tin Can Industries. They are a stage lighting company and refer to the lights as gels or cans. So somehow I guess someone has decided to dump their spare drills and expect by saying machinist they are pitching to the deep pockets? More and more I'm seeing these weird names of supposed companies who don't provide any info and I can't tell if it's just somebody guessing or willfully ignorant of what they are trying to dump.

I'm currently trying to get another couple of compact guided pneumatic cyls and the playing field on eBay has drastically changed since last I was looking. These folks obviously pull a obsolete machines apart and put the shiny bits on eBay. Which I think is great. I was able to get great deals on what I needed. Now the same cyls are sold separately for 2x's what I paid for a lot of 4! It will be interesting to see if they take ddicky's offer of $1 :) More and more I'm doing the same and more often than not my lo ball is taken as nobody takes the bait.
 
Here is their response to me,
I guess $11 per bit might be too much for moron like you.
Come on. Someone bid $2 now and we'll keep it going to like thirty bucks or something.
 
I agree the company selling these items is either clueless, or is using a bit of psychology to market their merchandise. Anyone in the business and almost any hobbyist would know these are not pieces of lathe tooling. However a potential buyer may think they can take advantage of the company's supposed "ignorance" and buy hundreds of drills for a less than new price. However at an asking price of $10.00+ per unit I think they've priced themselves out of the market.

As a point of reference I was offered 1,000 MT3 & MT4 drills complete with a floor standing cabinet from a surplus vendor a couple years ago. The sizes ranged from 1/8" to 1 1/2". They were all in good shape & ready to use. The asking price was $1,000.00 or $1.00 per unit. I passed on the deal knowing I'll never see one like it again. While they would be a "nice to have" item, I couldn't see the practicality of having them. In all likelihood less than 10% would ever be used, and the collection would be taking up valuable floor space.

As for this lot of drills they seem to be either MT3 or MT4 which would require a fairly substantial machine to use them. My JET 125VS-3 drill press has an MT3 taper, and can drill up to a 1 1/4" hole through mild steel. It's a fairly large machine and definitely not marketed to the hobbyists. In addition there's no guarantee that any of the drills. reamers, or countersinks are in useable condition. If the reamers and countersinks alone had to be sent out for sharpening they would cost in the $5.00 range per piece.
 
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