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Craftsman 150 drill press purchase

ctfortner

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I am new to the vintage drill presses and have read some previous threads about them. I know a guy selling one and wants 50 bux for it and I wanted opinions if its worth it. Its a single speed setup and said to work great.

I do see 2 holes on the side that are missing parts, not sure exactly what was there originally? Would this be a pass, fair deal, or jump on it

drillpress.jpg

drillpress2.jpg
 
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ctfortner

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sweet Jesus arc of shame!

keep looking

LOL...i may pass on it and keep watching. there is a another one in much better shape but is a bench model with the multi speed setup for 150 but i like the floor model style better.
 

Packard V8

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It's probably worth $50. The arc of shame won't ruin it for a user; it's just ugly to look at. Until you can repair it properly, just put a steel plate or even plywood over it.

jack vines
 

1982fxr

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LOL...i may pass on it and keep watching. there is a another one in much better shape but is a bench model with the multi speed setup for 150 but i like the floor model style better.

if it is a vari-slo buy it!
 

logical

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You could easily spend twice that finding the missing parts and you'd still have that nasty table arc. I'd pass even if you have to pay more for one with all the parts. I know it's luck and hit/miss but I've found several including this one for about that $50 price.
 

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Cruzan80

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I got mine for 125 (floor model) and it is very clean under the grease. For 50, it is usable, especially to turn into a parts machine later. The hole is for a quill lock, to secure the chuck at a given height.

Also, it had a modified handle. Original handle should be three arms.

$125 for the bemchtop seems ok, not an amazing price, but if it is clean and runs well, there are far worse options.
 

jakemac

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If you have the money, buy them both. Swap out the heads and any other good parts to keep a floor model. Put the remaining parts on the bench setup and list it on CL for $75, let them talk you down to $50. You'll end up with a good standing drill press and recover some of your money.
 
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ctfortner

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Thanks for all the input guys. I think I will pass on these and keep my eyes open. This was the first time I have searched for a press in a LONG time and 2 appeared, so maybe they arent that rare to find around here. I really dont have time for any more projects, at least major ones, so I will wait until a better unit pops up, or if they drop the price of the bench model to 100 I may snag it.
 
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straightcut

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FYI, for price reference. About two weeks ago, a bench model 150 in what appeared to be good condition showed up on craigslist for $150. The pictures didn't show, nor did the description describe it as having two pulleys or three.

Late last week, the seller dropped the price to $100, so I e-mailed him to ask whether it had two pulleys or three. He responded that it had three, but it had just sold! So goes the hunt! :lol_hitti My plan was to buy it, then when a floor model came along, swap out the head (or just the pulley system) and sell off the bench model.

Good luck on your quest!
 

Cruzan80

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Yeah, for being into it about $100, I would get both, and swap parts. Sell the "new" benchtop one for a beat-up user for $50, and you will be set. These are really easy to pull apart/exchange pieces on.
 

nine4gmc

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First thing I notice is the socket extensions where the handle goes, next I noticed the missing return spring and cover knob. Then I noticed the motor and single groove pulley on back and the arc of shame. I will say I think it's worth $50 though, I have the bench model and if this came up in my area for under $80 or so, I'd be on it just for the pole and base. YMMV
 
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ctfortner

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Ok so now he got home and checked and said it actually is variable speed and said he will take 40, needs the money. Sent this pic, but i think i only see a single groove pulley on the back?

press.jpg
 
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Cruzan80

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The return spring on this is inside the handle for the quill. Not a separate knob like some. So that "should be there.

Picture is of the front of the head. Easier way to tell is ask how many pulleys it has. Two means normal, three means it has the optional slow speed one. The extra pulley would mount to the top of the pole.

At $40, you are not much risk. Especially if you need a drill press. Though if I were you, I would still try and get both. The benchtop version is essentially complete (including all three handles, depth stop nuts, and a clean table), so you would be talking about an extra $40 (minus any resale potential) to turn it into a floor model version. You may be able to even part out some of the pieces on here.
 

WWShop

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If it was me, I would be tempted to buy it and then modify it into a grinder stand.
 
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ctfortner

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Yea, I need a good press, I only have a newer craftsman cheapo now. But i am in not hurry by any means. I have texted the bench model to see if they would take 100 for it and if they do Im going to get both. so 2 questions, are you sure the bench model is a for sure match for the floor stand? and, I want the slow speed option if i buy the bench model to swap out, can you tell by the pics if it has that or do i need to ask for more pics of it?
 

jakemac

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Ok so now he got home and checked and said it actually is variable speed and said he will take 40, needs the money. Sent this pic, but i think i only see a single groove pulley on the back?

press.jpg

The guy is uninformed. Yes, it could be considered multi-speed because ONE pulley has multiple grooves (not optimal), BUT -

1 - multi-speed and variable speed are two different things. (variable implies a gradient increase in speeds, multi-speed implies a stepped increase in speeds)
2 - I don't think that is an original pulley on that spindle.
3 - that machine doesn't have the slow-speed pulley you're looking for (third pulley)

Sadly, the only value in that machine is in the base and post. If you have a line on a bench model that you want to turn into a floor model, then grab it for $40 and part out the rest.
 
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Cruzan80

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Can't see if it has the slow speed on the benchtop model. It would be most evident in the one where it is pointed towards camera left, but could easily still be hidden by the angle. JZiggy has fabbed up some, but they cost about what you would be into both ($115 IIRC?). Again, easiest way is to ask if it has two or three pulleys. Depending on what you are doing (and how much you want back), you could always mount two tables on the one you keep, or remove the table part of the bad one to have a collar so the good table can't slide down past a certain point. Helps when you loosen it not to have it want to drop. The motor on the bench one is the one I would keep, as it is a match for the timeframe of the drill. These were sold with and without motors, but I have a strong suspicion that if ordered with a motor, these were what were supplied, as they match HP and RPM, and were in the same catalog (so easier to take a "general purpose motor" and sell it as a package, rather than have a specific one for each kind of tool).

The size of each pole should be a direct match with regards to the diameter. The best option would be if they were direct matches with regards to the manual. 103.24500 and 103.24510 for example. I know some of the 150's have a sheet metal return spring, and others have it inside the head. Looking at the side opposite the handle will have either one or two chrome knob thingys. The front one is the quill lock, and the (possibly?) second one is the return spring. If it isnt on the outside, you should be able to peer inside and see it behind the steel shaft (quill) towards the front of the head, attached to a roller pin inside. Not a big deal if they aren't a direct match (with regards to the quill return), as nobody will know any different. You just need to make a note of the model number for manual reasons (if they don't match).

This applies to the one with an internal spring. Even if the return seems a bit sluggish, they are easy to fix or replace, and Sears even carries the spring. Sometimes they just need a bit more tension, and others need a new spring (>$20).

This applies to the one with an external spring. These are a bit trickier as they have steel banding wound into a spiral. They are also easier to break when doing a complete teardown if not working. I would be more cautious if it was this model and the return was not very strong trying to repair it.
 
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PWRstroke_smoke

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jakemac said it right! for 40 maybe, but its pretty rough, i think you can wait a find a better starting point. I paid 75 for mine and it was in very good condition and had all the parts. did and full resto on it link is in the sig
 

D. Patina

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In my area that would be $150+ From the photos it's missing some key parts. The guide stop and collar as well as the quill lock and handle are MIA. Hard to tell, but it may be missing the feed return spring and knob as well. The Craftsman badge looks very beat up and can be difficult to find.

As others have said, unless it has the vary speed attachment, I would pass and find a better starting point.
 
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ctfortner

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The people that own the bench model are not responding and I think I am going to pass all the way around since I am not in a hurry. There is definitelyt to many missing pieces on the floor one. I know what I am looking for now though
 

454ragtop

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Too bad you're on the wrong side of the country, have a minty floor model with the 3rd pulley and foot switch here I could hook you up with.
 
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