robinson46176 wrote:I went back and looked at the pictures again... Yeah, it is still ugly but it looks to be complete except for the dial. Now I wouldn't pay $1200 for it if the world was coming to an end but there is a couple of hundred dollars worth there for anybody that has the skills to restore one.
I don't know where the notion comes from that Shopsmith parts are not worth anything on Ebay??? We often discuss here how many times some sell for more on Ebay used than SS sells them for. I personally have sold some SS stuff on Ebay very well.
As far as the the sloppy paint spray mess goes it is pretty much a non-issue. Paint is "very" temporary. Most of it would probably wash off with a good prep cleaner and would certainly roll off with some stripper. Tear it down, a good prep, a good masking job and some careful painting and it looks like a different machine.
The big question is of course the headstock and if it runs reasonably well. For me that isn't even a deal breaker. I have enough headstocks stored back to just swap it out but I doubt that would be necessary. Parts are easy to come by.
I don't have any interest in this one for several reasons not the least of which is the "stash" I already have back. The distance is a bit much from Central Indiana but I did buy one near Springfield Mass. and one from Charlotte NC but they were in a "lot" better shape than this one.
"If" it were just down the road a few miles and they wanted it gone enough to sell it for a $100 bucks or even a little more on a sunny day I would probably jump on it if for no other reason than to show the doubters what can easily be done.
This one looked kind of ratty when I got it... Not counting time when I did it I probably put around $40 in it for a couple of bearings and odd bits.
I just hate to see something with potential beat with a stick because folks can't see past superficial appearances.
Now that $1200 price is fair game to pick on...
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OK, I know most of you have far more experience restoring and using these machines than I'll probably ever be able to achieve.
So, let's just say you were to get this machine for $100 and it took say $20 to $40 in gas & 1 to 2 hours to pick up and haul back. How much time and money would you guess (ballpark estimate mind you) it would take to get it to the condition of the one you have pictured?
You would need to count everything, even stuff you have on hand (everything costs something)
How much time do some of you have in restoring those older Mark V's.
How many of you would attempt a rebuild on this one, if a real "Cherry ShopSmith" Mark V in great condition was available down the road for $400? I've seen a few like that on CL, very few in perfect condition, but a few none the less.
I'm starting to see 510's and the occasional 520 weighting in at $800 on CL. Maybe not in the best condition at that price, but far better than what we're discussing here.
I have spent many hours refurbishing SPT's since acquiring my SS stuff. It is satisfying to complete such a project, but my stuff was in decent condition to start with. I probably still have around $100 per to bring them up to snuff. If I counted my time by how much I make at my day job, I would be better off buying new. I try to achieve a like new look to my tools and take care of them.
I spent $1000 on my 2006 520 a few months ago. It is in great condition, runs great and may only need adjusting/aligning and lubrication.
It is just money better spent rather than on a Mark V that is that close to the bone yard.
Oh, don't get me wrong, it would be great if a newcomer or oldtimer took it upon themselves and had plenty of time to commit to a "labor of love" relationship with this SS.
It can be done no doubt, but it would be like restoring a 62 Ford Falcon station wagon back to factory new condition, it wouldn't be worth anything to anybody but you. It'll never be a 510 or 520 unless much more money is poured into it. The price tag at that point ...well, probably could have picked up a better machine at half the cost.
JMHO
