New old 1950's Myford 7 Lathe still in the crate

Hi

Different machines (new or used) offer buyers different options. There is no "right" answer or "best" machine.

For many the option of a low cost (low quality) Chinese machine is the one that allows them to pursue their hobby.

Dazz

For those wondering about the price of $4000 (2,000 Quids) for a brand new Myford, take a look at the crazy prices Myford stuff is bringing on eBay Australia. This used Myford small vice to fit on a vertical slide just sold for $96 (52 Quids) plus postage. **LINK**

Crazy stuff. They only cost about 69 Quid new, plus an extra 7 quid postage.

My cunning plan to put in a last minute snipe of $25 after it had sat there at $15 for days fell rather flat! Pity. It would have been a nice little extra vice for fine work on my drill press at that price.

No one bid on the crated Myford so clearly the asking price was more than market value.

How popular is that website he had it listed on? I never heard of it before. But maybe its a thing in NZ? He might have done better to put in on eBay.

That auction site pretty much monopolises NZ.

There’s no eBay here, closest is Australia.

There’s even a few UK companies which sell on it

A country without eBay? OMG! What is going on over there?

I think one reason for no bidding, is the lack of clarity of what you are getting for your money. It looks like a car engine that all there , but not assembled. People are just suspicious when it is not shown , and not all itemised.

I would not bid on it, without knowing more about what you are actually getting for your money, and what is the actual condition of the slides etc.

Neil

This is a little of the story from the advert found it in the Question and Answers part of it.

My grandfather was a fitter and turner by trade and bought it with the intention of using it in his home workshop. However he lost interest in doing so and my father inherited it from him. While my father was also a fitter and turner by trade he never wanted or needed to use it so it had just sat in his garage all these years in its original crate. A great shame really. We'd love it to go to someone who is passionate about using it.

.

I agree, Neil, and I sense that there is some [perhaps accidental] mis-representation there.

The lathe may be 'new and unused' but surely Myford would never have shipped it like that ...

Yes, it may have been dumped back in its original crate, but that's not the same as still being in it.

MichaelG.

Hi

The Trademe website is the primary on-line auction site here. e-bay tried to get a foothold but bombed out big time. If you go to www.ebay.co.nz, it get redirected straight to the international site.

I have an e-bay account but I avoid using it. e-bay is just awful to deal with, especially if the trade goes sour, which happens too often. The Trademe site dominates because it is simple and safe to use. Bad traders get banned.

Dazz

I've wondered if the grandfather and father of the seller, as turners by trade, came to the same opinion of Myfords as I did when I was doing it for pay...

It says " no reserve" but closed without bids at $4250?? I must be missing something - perhaps it's an Anitipodean thing.

Murray

Starting price is disclosed, a reserve is unknown to the buyers and is higher than the starting price.

A petty but oft used way of encouraging early bidding, based on the idea that people who start bidding at a low price will probably continue to a level that would have put them off early bidding. It also encourages more interest in an item by allowing people who think it's a bargain to get the bidding started.

Neil

Edited By mrbuilder on 10/09/2018 14:57:11

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Bear in mind that ML7 prices are often relatively modest, its S7 and ML7R lathes that command the high prices.

Neil

The Myford super 7B currently in the classifieds at £1,234:00 makes the one in the crate look like a dog.

If all I needed to build award winning models was a Myford Connoisseur, I'd buy one! Sadly for my ambitions I think talent, an eye for detail, persistence, high standards, and skill have more to do with high quality work than the equipment. Cherry Hill has got what it takes, I don't.

My own take on 'nice tools' is that they save time rather than perform magic. Outside stuff that wouldn't physically fit on each machine, I can't think of much that can be done on a Connoisseur that couldn't also be made on a mini-lathe given more time and effort. Can anyone think of any obvious examples?

Dave

Edited By SillyOldDuffer on 10/09/2018 16:59:08

Bob how much is the one in the ad though?

whats his swaps worth?

Pricing is location dependent.

I have looked at shipping a machine tool from the UK, where the choice is greater than here, but shipping would cost around £1k- £2k. Well over half that cost is transporting the machine from it's location (anywhere in the UK) to the ship by road.

You can't compare the price of a machine in the UK that you can drive down the road to collect with a machine on the other side of the planet.

The lathe didn't get a bid at the reserve price so clearly it is priced above market value. It is only worth what someone will pay for it.