Around $50 would be a "good price" assuming it's in great shape. (<$50 is getting into "you ****" territory). If you really want one soon then between $75-100 would be an OK price.
A lot depends on the individual unit. (pedestal included and complete with tool rests and shields raises the value)
Ok, a little background might help. It it is in ok shape, it definitely shows quite a bit of use. No stand, everything looks to be there. It does have a light.
Ok, a little background might help. It it is in ok shape, it definitely shows quite a bit of use. No stand, everything looks to be there. It does have a light.
I recently picked up a 1/2 hp model 397 for $55 or 60. Is missing 1 eye shield and the water pan on the front. Had a vibration I pointed out so the guy came down some on his price. Got it home and removed the wire wheel and vibration gone and seems to run very smooth. I did not notice any bearing play when I had it apart cleaning everything up.
Apparently the best blocks are the ones with serials starting with 257 or 397, so if it isn't that, I don't know if that changes the value a whole lot. Everyone here is pretty well in agreement, if it's complete and spins true, $40 isn't a bad price to pay at all, even without a stand.
1/2HP is a good find too, I'd jump on it as long as it runs good.