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Thread: Another optimist

  1. #1
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    Another optimist

    As many of you know I used to import machine shop supplies and accessories and also bought used machinery at auction. I have a pretty good idea of the worth of old machine tools. I have a look from time to time at e-Bay and Gumtree. Not so long ago I noticed a small Oz made lathe probably 60-70 years old, short flat bed, belt drive headstock, with the usual accessories listed at $1800 which is WELL above my opinion of its worth. You can buy these at auction from $500 to $1000. It passed through the listing period without attracting a bid and was relisted same price. Again no bids so the vendor listed it again, same price, same result. Now one would think that the vendor had learnt something by then. No, it is now on Gumtree at (hold your breath and wait for it) $2000. One can buy a new decent Chinese geared head small lathe for this.
    URSUSMAJOR

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    Quote Originally Posted by Bigbjorn View Post
    As many of you know I used to import machine shop supplies and accessories and also bought used machinery at auction. I have a pretty good idea of the worth of old machine tools. I have a look from time to time at e-Bay and Gumtree. Not so long ago I noticed a small Oz made lathe probably 60-70 years old, short flat bed, belt drive headstock, with the usual accessories listed at $1800 which is WELL above my opinion of its worth. You can buy these at auction from $500 to $1000. It passed through the listing period without attracting a bid and was relisted same price. Again no bids so the vendor listed it again, same price, same result. Now one would think that the vendor had learnt something by then. No, it is now on Gumtree at (hold your breath and wait for it) $2000. One can buy a new decent Chinese geared head small lathe for this.
    What lathe is it?
    Cheers
    Slunnie


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  3. #3
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    A Hercus model A short bed. Belt drive headstock, flat bed. Year of manufacture between 1940 & 1960. A small hobbyist machine suitable for a backyard workshop/model maker. If bidding at auction for this machine I would stop bidding at $600. Photos indicate it has not been used for a while. Dusty and surface rust.
    URSUSMAJOR

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    Quote Originally Posted by Bigbjorn View Post
    A Hercus model A short bed. Belt drive headstock, flat bed. Year of manufacture between 1940 & 1960. A small hobbyist machine suitable for a backyard workshop/model maker. If bidding at auction for this machine I would stop bidding at $600. Photos indicate it has not been used for a while. Dusty and surface rust.
    Sounds like ol mate is reminiscing about the good ol hercus lathes from his school and trade days.

    Mind you.... check this. Sold $2k

    Hercus ATM 260 Workshop Precision Lathe Auction (0005-3015042) | GraysOnline Australia
    Cheers
    Slunnie


    ~ Discovery II "Storm" ~ ~ Series IIa 6cyl ute ~ ~ Series II V8 ute ~

  5. #5
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    p38arover is online now Major Part of the Heart and Soul of AULRO Gold Subscriber
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    I have an old (Australian) Advance lathe - with micrometer dials - (made by Alfred Stewart) - I'd like to sell it one day. A Chinese lathe might would be better.

    Advance lathe
    Ron B.
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    Quote Originally Posted by p38arover View Post
    I have an old (Australian) Advance lathe - with micrometer dials - (made by Alfred Stewart) - I'd like to sell it one day. A Chinese lathe might would be better.

    Advance lathe
    Ooooh, my experiences of chinese lathes are really bad, I'd take that old banger!
    Cheers
    Slunnie


    ~ Discovery II "Storm" ~ ~ Series IIa 6cyl ute ~ ~ Series II V8 ute ~

  7. #7
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    It was an old used car trick , car yards would list car at a price for a few weeks then list same car at higher price & people would think it was a different better car & it would get sold . Sometimes they would just add a set of mags & put the price up for twice the cost of the mags.

  8. #8
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    Quote Originally Posted by Slunnie View Post
    Sounds like ol mate is reminiscing about the good ol hercus lathes from his school and trade days.

    Mind you.... check this. Sold $2k

    Hercus ATM 260 Workshop Precision Lathe Auction (0005-3015042) | GraysOnline Australia
    That is a much later model then the one that I was writing about that was on e-Bay. Possibly as late as the 1980's. Hercus stopped making their 9" lathes in about 1991. ATM 260 model. A = gearbox with power feed apron, T= belt drive, M= metric lead screw. Got a vee bed but still belt drive albeit the belts are now enclosed. Quite tidy and obviously well maintained. Only .75 hp though so no big cuts. Late in the production of their 9" lathes Hercus made some with all geared heads but were too expensive to compete with the imports. Very old fashioned machines based on a South Bend design from the 1920's. Little change other than gaining a vee bed.
    URSUSMAJOR

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