BeeMan
01-05-2013, 10:28 AM
Yesterday I looked at a Logan 820 lathe. The owner has a small shop to do side work and is terminally ill. The equipment hasn't been used for about 5 years and the lathe is covered in chips from the last time it was used. A machinist friend with me turned it on, engaged the feed, looked it over and thought it would clean up. It comes with a pile of tooling; steady rest, turret, 3 and 4 jaw chucks, a set of collets (smaller version than 5C but Hardinge), live centers, drill chuck, and probably some more I'm forgetting. I did not see a quick change tool post but there were piles cutting tools laying around.
The owner seems to be more concerned about emptying his shop so his wife won't have to do it, than getting maximum dollar. He says all tooling goes with the lathe. Specs on line show this is a 10 x 24 machine, and it is 110v with a belt drive.
Any suggestions on a reasonable target price? I'm the first to look at this, so I'm not facing any competition yet.
As an aside, he had a couple oddities procured from auctions. One was a Pratt Whitney jig borer, probably 10 feet to the top of the head. The other was a Bridgeport dual head tracing mill, with a hydraulic system that would follow a master part in 3 axis. I guess it was the predecessor of a CNC for production runs. I had an idea that if the tracer mill doesn't sell, to buy it at scrap value and try to find another mill at scrap needing a Bridgeport head. I might be able to get in a mill for a few hundred bucks that way.
BeeMan
The owner seems to be more concerned about emptying his shop so his wife won't have to do it, than getting maximum dollar. He says all tooling goes with the lathe. Specs on line show this is a 10 x 24 machine, and it is 110v with a belt drive.
Any suggestions on a reasonable target price? I'm the first to look at this, so I'm not facing any competition yet.
As an aside, he had a couple oddities procured from auctions. One was a Pratt Whitney jig borer, probably 10 feet to the top of the head. The other was a Bridgeport dual head tracing mill, with a hydraulic system that would follow a master part in 3 axis. I guess it was the predecessor of a CNC for production runs. I had an idea that if the tracer mill doesn't sell, to buy it at scrap value and try to find another mill at scrap needing a Bridgeport head. I might be able to get in a mill for a few hundred bucks that way.
BeeMan