Matt Meiser
Member
- Messages
- 470
- Location
- Monroe, MI
Last year my old cheapy import drill press started to make a lot of racket and I started looking for a replacement--I really wanted an old one, but couldn't find a suitable one within a reasonable driving distance. So I ended up buying a Steel City which is a really nice machine.
Fast forward to yesterday--I went to a garage sale with "tools" which usually means a couple of rusty screw drivers and I found the drill press below. He was asking $75, I offered $50, and I brought it home for $60. I've got someone willing to buy it from me for $125.
But I'm starting to think I'd like to keep it. I'm thinking of tearing it down, cleaning and painting, etc. I'm thinking I could replace the existing motor with a 3-phase, which I may be able to get for free from a friend--he's looking in his stash for me. Put a VFD on it and have a really nice electronically variable speed drill press for ~$250. I should be able to sell the like-new Steel city for at least $100 more than that.
Fast forward to yesterday--I went to a garage sale with "tools" which usually means a couple of rusty screw drivers and I found the drill press below. He was asking $75, I offered $50, and I brought it home for $60. I've got someone willing to buy it from me for $125.
But I'm starting to think I'd like to keep it. I'm thinking of tearing it down, cleaning and painting, etc. I'm thinking I could replace the existing motor with a 3-phase, which I may be able to get for free from a friend--he's looking in his stash for me. Put a VFD on it and have a really nice electronically variable speed drill press for ~$250. I should be able to sell the like-new Steel city for at least $100 more than that.