GMan: since you just bought a nice 5 inch Morgan or something that looks like and is pretty stout i'd say pass on the old Record. it's a nice vice, but i'd wait for a Record Quick Release, a bigger vise than your morgan or maybe a swivel jaw or Reed that you can find for the $150 range give or take.
not saying this Record 5 inch isn't a good vice, but it's not that unusual since you probably don't NEED another vise.
I'm certainly not in a rush, but I do need a couple of larger vises before too long. I have a shop set up in my basement, and I have my 8" Yost there now for a larger vise.
I've also been working to finish the shop portion of my pole barn. I call it a pole barn, but it has a poured foundation, and concrete slab floors, so it's kind of a hybrid. The building is 40x64' and I partitioned off 24x40 as a shop (with a man door and overhead door for access between sides). That area will be heated (radiant in the floor), cooled (mini-split), have hot and cold running water, a full bathroom, etc. I'm at the point where I'm close to building the first built-in bench which will have at least one large vise and maybe two. On the barn side I'm setting up a welding table area and want a larger vise for that as well.
That has me looking for another 5-6" vise in the short term, and I wouldn't be surprised if I add another bench or two in the shop that will need vises before long. It's a long-term project, but it will be a small machine shop where I build custom pistols when i retire.
On top of all of that, I still don't have a vise that needs a restoration, so I'm looking for a suitable candidate for a first try
This is where the first bench is going:
This is a slightly earlier picture, but it gives a little perspective. The enclosed area is the bath and utility closet. I expect smaller benches on either side of the door, and maybe one on the partition wall. One of those might turn into a coffee/microwave/mini-fridge area, but other than that, it's space for benches, toolboxes and machines!