Posted by Benjamin Day on 01/01/2018 21:11:06:
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Number 1, hasn't the L5 and the like had its day? I mean worn right out or never used, it had its commercial chance as it were but times change and number 2 aren't there appropriately priced more desirable modern tools for a pro shop to use with all the new bells an whistles?
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No, an L5, or any other older lathe in good condition certainly hasn't had it's day. Amateurs like them, but so does the sort of commercial user who needs a economical basic lathe. I know of a local engineering business with about 30 CNC machines doing most of the work. They also own two old manual lathes for short-run jobs that don't justify setting up a CNC run. Rarely used yes, redundant no. I once met a chap who repaired agricultural equipment in a barn. He too had an old lathe and I can't imagine him spending big money on a new one. On the other hand education and business have been selling basic machine tools off on a large scale – they aren't as useful as they once were.
As David Standing said, it's only worth what someone is prepared to pay for it. At worst, scrap value, or you have to pay to have it taken away. At best two or more people are desperate to buy and happy to pay big money.
Prices can change in a flash; the value of your 127 toothed gear would fall spectacularly if a government surplus sale dumped 100,000 on the market tomorrow. Or the price would shoot up if few professional users needed one in a hurry to meet a contract and yours was the only one on offer.
There's a big difference between retail and second-hand prices. A business has to charge customers VAT at 20% and they also need to make a profit. It's not uncommon to see a 40% difference between what you get as a private seller and what the same item will cost you as a private buyer. Or more.
If you want to sell privately to like minded people, an Ad on this forum is a good a way as any. Offer it at whatever price you think reasonable: if no-one bites, drop the price and try again.
If you want to make a profit, an auction site like ebay will maximise the number of people who might fight a bidding war.
If it was mine, I'd keep it the taper attachment. Chaps often find a need for tools and materials a week or two after selling them. You will kick yourself if it happens to you – obsolete attachments don't grow on trees.
Dave
Edited By SillyOldDuffer on 02/01/2018 16:00:23