That dividing head probably cost him ten grand.
The lathe itself can be had fairly cheaply, but he has made new parts for quite a lot of it.
I'm not sure the collets on my Peerless lathe are quite as precise as his, but the way he crossed out the wheel was elegant and relatively easy. The next step for him would be to file and polish chamfers on the spokes, but that's easy for me to say.
I use my lathe mostly for making new arbors or modifying current arbors with new pins. And for making bushings. Pins and plate holes are Wear Item Number 1 on clocks (those holes would usually be jeweled on watches, so only the pins would need work and then only rarely).
And Doug Gray generously passed along his unfinished Boley lathe project to me. It remains unfinished, but I am reconstructing a headstock for it at present. here it is with a carbide graver locked into the toolpost of the cross slide. It uses the same collets as the Peerless, but I need a locknut for the spindle which is missing on this headstock. That's sort-of a low-priority ongoing search at present.
I'm used to working small with this setup. Here's the work desk in its new home, still unorganized. Note the 20x microscope.
But cutting watch-sized wheels? That's the next level. Maybe the next two or three levels. I describe myself as a repair dilettante. I'm not even qualified to make effective repairs on watches, let alone actually make watches.
Rick "who can fix most clocks if they aren't too far gone" Denney