Tedsters: i actually own 2 of those cool little Aluminum Thor 1/4 HP grinders or maybe 3. i picked up one from a dentist and another one from a metal shop teacher that both loved them. i'm one day going to shine up one and put it on my small bench with this drill press and maybe my Wilton baby bullet vise.
it's a cool grinder, but that one looks a little worse for wear. maybe offer $10-20 and see if you can get it because i see one eye shield laying on top. BTW that old 1/4 HP grinder will probably out perform a lot of 1/2 HP imports that are measured differently now.