What are they worth?.. Super 7B and VMB

What are they worth?.. Super 7B and VMB

Home Forums General Questions What are they worth?.. Super 7B and VMB

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  • #301306
    Rob Appleby
    Participant
      @robappleby87741

      Hi

      I've found myself in the unfortunate poston of selling some of my fathers workshop to fund a care home as of next week. It's all happened rather suddenly so I'm seeking some advice please.

      In 1995 he purchase a brand new Myford Super 7B lathe. From the original invoice it's 19", single phase, hardened bed including a fixed steady, travelling steasy, 9" faceplate, 4 post turret and a 6" 4 jaw check. This all sits on a myford stand and is in as new condition.

      This lathe is totally unused having being stored in a temperature controlled workshop, it's never even had a plug fitted!.

      Another major item is a VM-B single phase milling machine with a 1/2" chuck, pozilock chuck and a set of collects. Mounted to a stand, as new condition.

      Again, it's totally unused, never had a plug fitted.

      I'm having to sell these items and I'm wanting advice as to their genuine worth. I was guessing £5k for the lathe and £2k for the milling machine, though I want to ensure best price towards my fathers care.

      Apologies in advance if asking for this advice in here is not the done thing.

      Below is a link to a couple of photos.

      **LINK**

      Advice appreciated.

      #25282
      Rob Appleby
      Participant
        @robappleby87741
        #301313
        Fergus Stirling
        Participant
          @fergusstirling62506

          Before anyone tries to buy it off you for a steal, If its new and unused i would say its worth quite a bit more than that. you would pay 5 for a used reconditioned one direct from myford. may be worth giving them a call to see what they would offer you for it..

          #301366
          Gordon Tarling
          Participant
            @gordontarling37126

            There's a refurbished by Myford example on Ebay at the moment for £5800. There's also other used examples for quite a bit less. In view of the fact that there will be no warranty on your sale, I'd say that around £5k was about right. Hopefully, others will be along to advise on the milling machine.

            #301375
            Rob Appleby
            Participant
              @robappleby87741

              Thanks for replies, appreciated. I had considered the warranty issue, always a factor when spending a wad of cash.

              #301376
              John Haine
              Participant
                @johnhaine32865

                I own a Myford VMB, had it over 10 years and I'm very pleased with it overall. It is no longer available new so price estimate has to be by comparison, bearing in mind that it is unused though second-hand. Probably the nearest comparison is the Sieg SX3, which from Arc with a stand would cost about £2000 new. There is the Myford mystique of course.

                I suggest that at least for the mill you use eBay – though you have to pay a commission. competition may push the price up and auctions of course test out what people are prepared to pay (which is what something is worth).

                The lathe has a good set of accessories with it so I agree that you should look for at least £5000 and probably more.

                If Myford are selling recons for 5 grand, you can bet your bottom dollar they aren't going to pay more than half that if they can avoid it.

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