Craftsman lathe?

[catch2otwo]

Saw this on CL this morning. Looks like it has been refinished.

Craftsman metal lathe 12'
model 101-07403
disc. great condition
comes with extra parts
1- 3 jaw 8" chuck
2- 4 jaw 6" chuck
bits and gears
$ 500.00 OBO

Thoughts on price? Worth it for a home shop? The tool post ive never seen before, looks home made. Not really sure what it is.

 

[zkling]

While it is not the best, you could do worse. As long as it didn't have a fly by night restoration.

I'm curious as to WTF is going on with that tool post lock? Wrenches welded together?

 

[catch2otwo]

ya not too sure, is this considered an atlas? Doing a google search, atlas/craftsman seem to be used interchangeably.

 

[454ragtop]

Yes, It is an Atlas. Never get hurt at that price if it has no issues other than that goofy wrench thing. Lot of them don't have a quick change gear box, that one does, so that's a good thing.
Jim