Another grab at the Auction today was a General Model# 340 Drill Press.
Is this the same as the 34-01-MI in their flyer? I’m just trying to compare what I paid to what selling price new is. It looks the same, but honestly I haven’t had time to check the motor specs on the one I got.
If this drill is more suited to metalworking I may sell it and get one that is better suited to wood. Setting up a shop sure can be fun.
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"Setting up a shop sure can be fun." And you're having the best fun of all. I love getting bargains at auctions. You gotta update your profile and tell us whereabouts you live!
The best auction I've been to was one that gained me a new-in-box JDS air filter for $85 (instead of close to $300), new-in-box PC laminate trimmer for half the street price, a huge sheet-goods cart on big casters for $5, a big downdraft table with 3-speed blower for...hmmmm....$65 I think? and a whole bunch of other stuff. That was f-u-n!
forestgirl -- you can take the girl out of the forest, but you can't take the forest out of the girl ;-)
Another proud member of the "I Rocked With ToolDoc Club" .... :>)
Where do you find these auctions? I'm assuming they're live in your community and not online.
Keep an eye on your Newspaper, or google "Industrial equipment sale Yourtown" This will show you not only auctions, but used equipment dealers as well.
Alot of heavy things (cast Iron) do not ship well and won't make it to ebay. Also, beware that you are buying "as-is, where is" and will have to transport and inspect everythign yourself. You should be prepared to spend between 5 and ten hours standing in a factory or warehouse to get your deal. Thats OK if you have nothing planned for the day, or if you buy one or two things with the intent to resell it to make up for the money you lose standing around.
I am comfortable with going into an equipment auction where they are mostly selling $100,000 machines for steel or industrial work, and buying the little things that aren't worth a dealer's time. Seriously, some of the stuff sold at these auctions has to be removed with a crane. I may get into a bidding war with one other guy who had the cahones to show up at a dealer auction, but mostly the stuff I buy goes on the first bid.
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More tips: Look in your Sunday paper and find the Auctions section of the classifieds. Look in the Yellow Pages under Auctioneers and see who does liquidation and industrial auctions and such. The big guy in our area is James G. Murphy. I usually don't have the time or money to go to the big dispersal auctions, but when there's an on-site estate auction by my favorite auctioneer, and he lists woodworking tools, I always try to go. He'll have one or two really good ones most years.
The on-site estate auctions are held at the person's house, and virtually everything is auctioned off (sometimes even the real estate). The last big one I went to was for a guy who bought really excellent tools, and multiples of everything! There were dozens of new-in-box items, and hundreds of things that had barely been used. Might not see another one like that this decade!forestgirl -- you can take the girl out of the forest, but you can't take the forest out of the girl ;-)Another proud member of the "I Rocked With ToolDoc Club" .... :>)
One of the most interesting ones I've been to was for a clock repairman who had retired.
All his woodworking and recognizable tools were sold, then the clock repair chest was opened and he had all these tiny tools for working in the clocks. He sttod there and explained what they were for and what they did, then stood in disbelief as he saw how cheaply his tools were valued.
After the auction, one of his grandkids went up to the guy who had bought the tool chest, and offered him twice the money to keep it in the family. The guy who had bought everything to sell at the flea market was more than happy to make a deal for considerably less.
It was one of those sweet but sad things. I really like a good auction.
So have I gotten myself a drill I should keep? (I paid $200 CDN for it)View Image
"So have I gotten myself a drill I should keep? (I paid $200 CDN for it)" Hmmm, I'm not the one to answer that! Someone out there's gotta know, though. I'll be talking to Len tonight, he's familiar with alot of the machine shop items and some of the older tools. Maybe he'll help out!forestgirl -- you can take the girl out of the forest, but you can't take the forest out of the girl ;-)Another proud member of the "I Rocked With ToolDoc Club" .... :>)
That Drill is designed for use in a metal fab. shop. I Have the 75 200 GI, And it's designed for woodworking use, and I'm very happy with it.
The 340 is a General, not a GI, so it's a good machine, no doubt, but it's 15in instead of 17, and the table doesn't operate as well for WWing.
I would use it until I could sell it, but I wouldn't let it go cheap. You should get enough for a new DP, and maybe a Dust Collector, or whatever.
Either way that was a great buy!
Cheers. Walker1
clock repairman who had retired....HAY I did that... I bought my house long ago.. Sold 'AS IS' AND everything in the house was mine by the sale contract...I go up into this room above the garage (I never looked up there before) and WOW... It was FULL of what I call 'SWISS' metal working tools (you know.. Them minature high quality stuff) and all kinds of watches and parts...About two years later the SON comes over and wants it all back???Well, bein' a sort of nice guy I finally gave in... Biggest mistake I ever made.. Well, almost... Those machine tools must have cost a fortune'.. I work metal and have some idea of the cost.. I would think more than I paid for the house!In my next life I will NOT give in so easy!EDIT:: I forgot to say his dad died and the house was sold...
Edited 8/12/2005 11:40 am ET by WillGeorge
Dag,
...if this drill is more suited to metalworking". In my books , if it is , then all the more reason to have it. But then I like heavy stuff.
Thanks for the advice guys. I have worked in steel and know that while alot of steel tools are very durable, their speeds are not the same as woodworking tools. THat was my main concern.
Thanks again,
DagwoodView Image
Where are you finding these auctions?
I live in Barrie/work in TO and the only ones I see are the liquidations where they sell junk and huge machinery. I've seen a few bargains, but they get snapped up like mad.
The older I get, the better I was....
The one I just went to was in Woodbridge. (Hwy400 & the 407)View Image
The older I get, the better I was....
GOOD ONE!!
So what's the difference in a metal and wood drillpress, the speed range and maybe the table. If the speed range is tooo slow speed it up. If it's a step pulley type, change the pulleys Just remember to leave a slow speed for large hole cutters and the circle and wheel cutter.
So what's the difference in a metal and wood drillpress..I think the same drill and charge us woodworkers more!EDIT: I have MANY metal working tools at hand someplace... I find the metal workin' one full of oil and not fit for that hunk of 8/4 cherry...
Edited 8/14/2005 12:51 pm ET by WillGeorge
The Drill Press he bought is almost triple the price of one designed for WWing. The difference is,the way the table works, ie, tilts, and cranks up and down quickly, and easily. And WWing machines generally have more speeds.
So he can keep it, and have a powerful DP, more power than most of us need, or he can sell it for a profit, and get something else. It's his choice.
Cheers. Walker1
Edited 8/15/2005 12:41 am ET by Walker1
I buy mine at auctions, the older the better. Never paid more than $65 Just make sure the spindle isn't bent.
Best Drill press In 2018
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