Yesterday I made an offer of $40 on a 1/3HP Craftsman Industrial block (not sure what vintage) that was missing the light and the outer guard covers. It was in good, running condition and just missing those parts. The seller seemed incredulous at the offer and we couldn't arrive at a compromise.
Was my offer off-based?
Brian
The price of a Block is somewhat subjective, based on the following (not necessarily in order of importance/value/cost).
- Condition
- Horse Power
- Commercial/Industrial
- Location - this has a Lot to do with availability, and therefore price. (The price is variable too. Like in LA, I see a number of Blocks listed (1-HP in need of a restore, but missing HD base $120; 1/3-HP missing LH guard ... $100; 1/3-HP pre-Block for $130). In SE Michigan, these same Blocks would be 1/3 to 1/2 less expensive.)
So, if it looks good, has no free play in the arbor, no cracked cast pieces, starts and runs OK - it's a safe buy.
Keep in mind the cost of the following:
- wheels/stones
- bearings
- power cord
- power switch
- relay
- capacitor, if present
- electrical terminal cleaning and repairs
- paint, if you choose
The above updates will give you a grinder that should last for decades of home shop use, for most things around the garage.
I hope this is helpful.
If you have any questions, don't hesitate to get back with me.
I guess there's another point I'd like to leave you with.
It's up to each guy to put a value on the purchase.
If you are flipping it/them, you need to keep costs as low as possible.
If you are keeping it to use, then it's your budget and valuation.
If you are after a 'You ****!' - you never know when you will stumble upon one.
Best of luck.
Mike
