Here is my recent find, My first baldor too. (Pic)
Story goes they wanted couple hundred bucks for a grinder, vise and 2 compressors. Nothing special with the compressors just some sears style 20gal types, anyway they sell the vise (don't know type) then one compressor and now they have one compressor and this grinder left. I kept watching the ad as it slowly goes down over the next several weeks to $50 bucks. So I call them up and see if I could by the grinder alone for 25 bucks, they said no problem, come down.
Note, the ad said this grinder is good working condition. So I wend down to find the baldor grinder on the table and the first thing that comes to my mind is this thing is a beast. Anyway they told me that it was working but now it's not. So I flip it over and now I know why.(pic)
I told them I"m not paying 25 bucks for that!

They said how about 10 bucks, I thought about it and said "ok"(I could sell it for parts if it don't work).
Brought it home and plugged it in and it sparked, being that it was late and I didn't want to mess with it, I left it for the next day.
So next day comes and I go though the wiring and find that one of the capacitor wires rusted off and was touching the base which cause the spark the day before. Cleaned it off and stuck in the cpacitor to make sure it works before devoting anymore time with it and guess what it fired right up.
Plate data
125/220
3/4hp
2 speed
8'' wheel