I have a chance or opportunity to purchase a Cincinnati lathe from a widow. The lathe is a 12 1/2 X48" Cinilathe 220V.
. Neither she nor I have a clue as to value. It appears in average condition and has been setting the last 8 years or so. I did not see a steady rest or a 4 jaw chuck. The garage that it is in is in such disarray that it is hard to tell much about the machine. If you were considering buying a "pig in a poke" as this what would you consider a fair value? The machine was last used about 8 years ago. AFAIK the machine is in working order.
I have no idea about the external gearing or accessories. It had a 3 jaw chuck and a tail stock.
There was also a small milling machine and a band saw. I have no idea how to value the equipment. I lean toward a flat price and who knows who comes out on top. How would others handle this situation?
The deceased was my friend and he was a borderline hoarder. It is hard to tell what one would find in cleaning out the garage and what goes with the lathe. Any thoughts are welcome.
. Neither she nor I have a clue as to value. It appears in average condition and has been setting the last 8 years or so. I did not see a steady rest or a 4 jaw chuck. The garage that it is in is in such disarray that it is hard to tell much about the machine. If you were considering buying a "pig in a poke" as this what would you consider a fair value? The machine was last used about 8 years ago. AFAIK the machine is in working order.
I have no idea about the external gearing or accessories. It had a 3 jaw chuck and a tail stock.
There was also a small milling machine and a band saw. I have no idea how to value the equipment. I lean toward a flat price and who knows who comes out on top. How would others handle this situation?
The deceased was my friend and he was a borderline hoarder. It is hard to tell what one would find in cleaning out the garage and what goes with the lathe. Any thoughts are welcome.