SUPER GLOAT!!!!!! Santa came early this year :)

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Forum topic by , posted 07-28-2012 12:11 AM 4710 views 0 times favorited 33 replies Add to Favorites Watch
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2387 posts in 3783 days

07-28-2012 12:11 AM

OK, so I went to my very first ever auction today for a school woodshop that closed down. All equipment works but is in dusty/dirty condition. I recognize elbow greese will be required to clean up and adjust/align some of the equipment. And, to all the professionals, I will be having questions along the way some because some of the tools/equipment will present a learning curve for me :)

Here are pictures and minor description as to what I know:

This was my first purchase, paid 35.00. It is a Jet mini lathe. I know very little about these as I have zero lathe experience. It is in good condition and fairly clean. I bought this to either play/teach myself some lathe or even possibly to re-sell for a profit. Quick search, Amazon list this new for 429.00.

Delta shopmaster scroll saw. I know very little about this. It appears in good condition short of plenty of dust and maybe some elbow greese. A broken blade is installed to the bottom holding clip. It appears fairly simple but I will have some learning curve. Bought this for my wife and some fun stuff. Paid 30.00.

Powermatic 3hp cabinet saw. I am excited about this purchase. The saw is fairly old I believe, not sure how old though. I only paid 50.00 for this believe it or not! The front height adjustment handle is broken off and the Leeson motor is 3 hp and 3 phase. The fence works fine and is very square and locks down strong, while it is no Beise, it is serviceable and I don’t upgrade unless it is neccessary. It is a 52” cross cut capacity and the side tables that extend out to the right of the blade are completely cast iron. I now need to decide if I want to call Leeson and purchase a new 3 hp single phase motor that hopefully can bolt up, or I will need to purchase a phase converter for a 3 hp motor. I prefer to buy a new motor giving the saw a new “heart”. I will also clean it up, lubricate moving parts, repair height adjust handle, install new belts and I might consider replacing the arbor bearings.

I am looking for advice and suggestions regarding the PM Table saw. I sure hope I can restore this fine piece of machinery as I am very excited to do this project!

Much more to come, I am going to split this gloat up into a few posts

-- .

33 replies so far

View knotscott's profile


8175 posts in 3612 days

#1 posted 07-28-2012 12:19 AM

Gloat worthy haul for sure!

Ironically, I just saw a pic of a very similar PM66 overhaul on another forum (posted for inspiration!):

Good luck, and please post progress pics of your saw project.

-- Happiness is like wetting your pants...everyone can see it, but only you can feel the warmth....

View Don W's profile

Don W

19041 posts in 2804 days

#2 posted 07-28-2012 12:22 AM

check this out before deciding what to do with the 3 phase motor. . Converting (or running) with single phase isn’t the impossibility it used to be.

Nice additions you have there.

-- - Collecting is an investment in the past, and the future.

View ,'s profile


2387 posts in 3783 days

#3 posted 07-28-2012 12:24 AM

Here are more deals!

This is a “Made in America” 14” Delta bandsaw. Believe it or not we run a small family cabinet shop and have never owned a real bandsaw. My wife told me to come home with a bandsaw since she has wanted one forever. She wants to build bandsaw boxes for people out of our many scraps. It appeared to be in good condition. Not sure of age but looks newer condition. I know Lowes used to sell a Delta 14” bandsaw for around 400 or 500. But I think this bandsaw is not the same one from lowes. I paid 85.00 and a fella that attended told me when he worked for Otto Dukes (woodworking machinery company) they sold this same band saw for 1100.00 new. Everything looks good but no blade is included. I am not sure of hp rating, I guess it is 1.5 hp.

5 hp single phase Leeson motor / Delta Cyclone dust collector. This is the single main reason for attending the auction. Our current dust collector is a 2 hp grizzly and very underpowered for our work. Our Woodmaster 725 gets buried everytime we use it. The dust collector needs a hepa filter added and a barrel that connects below the cyclone part. I also need to purchase duct work, etc… So it might be another month or more before I get this set up. But I paid 160.00 for the unit and it appears in good condition. The 6” inlet port is dented but appears to be something I can fix easily.

-- .

View Don W's profile

Don W

19041 posts in 2804 days

#4 posted 07-28-2012 12:27 AM

ohhhh, I like that bandsaw!!!

-- - Collecting is an investment in the past, and the future.

View cabmaker's profile


1744 posts in 3045 days

#5 posted 07-28-2012 12:36 AM

You did good Jerry ! Cant believe the pmatic for 50 bucks ! That right hand extension alone was around 400.00 20 yrs ago. JB

View ,'s profile


2387 posts in 3783 days

#6 posted 07-28-2012 12:41 AM

Last few deals

Ritter Edge sander. It has access both sides. Boy is it going to require some work cleaning it up. It is very good size. I know very little about this but we have needed an edge sander like yesterday. We ROS all of our edge work which is much more time consuming. I actually got this machine for 95.00. I guess no one wanted it. Some minor adjusting and cleaning and maybe some white lithium greese it should be good as new. I checked the motor and it is a 1.5 hp Leeson single phase. I was surprized the motor is only rated for 1.5 hp because the machine is very large and has a very large work space, I think the exposed belt sanding area is around 60”. I still need to research this machine but to me 1.5 hp seems small. However, Ritter is known for more industrial quality and typically cost a good bit.

Last, but not least, I purchased this Powermatic bandsaw. I only purchased it for resell. I believe it is either the 20” or 24”. It is very very large and extremely heavy. I think it is the 24” version. Woodcraft has this bandsaw listed for 4,800.00 or so. It does not have a blade with it but believe it or not, I purchased it for 75.00. I was totally expecting to pay much higher. When I raised my ticket at 75.00 I was stunned when the auctioneer said, “going once, going twice, sold to #3 for 75.00”. So my expectation is to sell this bandsaw for hopefully more then 660.00 that was the total I paid out today at the auction. Before selling this machine I am going to inspect, align and install a blade and ensure it is in good running condition in order to get my maximum asking price. I am thinking about listing it on Ebay for local pick up. It is fairly clean condition.

-- .

View chrisstef's profile


17798 posts in 3243 days

#7 posted 07-28-2012 12:42 AM

Those school auctions can be a homerun and you knocked it clean outta the park! Like you said a little elbow grease and youre set for life. The last school i was bidding on doing the demo work at had sooo many cast iron gems i had a tough time leaving. There was 6 powermatic 66’s alone.

-- Its not a crack, its a casting imperfection.

View Don W's profile

Don W

19041 posts in 2804 days

#8 posted 07-28-2012 12:46 AM

are you done yet?

-- - Collecting is an investment in the past, and the future.

View ShaneA's profile


7064 posts in 2835 days

#9 posted 07-28-2012 12:53 AM

Sweeeeet! You did aewsome, good luck fixing them and enjoy using, some real scores.

View lew's profile


12497 posts in 3991 days

#10 posted 07-28-2012 01:04 AM

Great Haul!
The only down side is that another school has abandoned their wood shop program.

-- Lew- Time traveler. Purveyor of the Universe's finest custom rolling pins.

View Arlin Eastman's profile

Arlin Eastman

4258 posts in 2797 days

#11 posted 07-28-2012 01:04 AM

Like Don W said “Are your done yet”

Very nice haul


-- It is always the right time, to do the right thing.

View ,'s profile


2387 posts in 3783 days

#12 posted 07-28-2012 01:07 AM

I am still pinching myself because I think I am just dreaming. I am so excited, not only at the haul, but I am also actually looking forward to taking my time and restoring and installing into service the equipment. I am especially looking forward to restoring the PM66 and I plan to take my time and try to get it done as good as I can.

Thanks for the inspiration photo Knottscott! I will post progress pictures. It will be a slower restoration as I plan to restore as I have some extra funds. Our current saws work fine and this saw will be very usefull when I get it ready, but for now I am going to patiently enjoy the project.

Many more pics to come.

So here is the final reciept for what I purchased today. The prices to me seem unreal but maybe that is just how things go at auction. Also noteworthy, while there were likely 30 or more in attendance, none seemed to be woodworkers or in the cabinet trade. For the most part it seemed attendees were there to buy strictly for resell so they did not want to drive prices high.

Oh, and there was some oliver equipment that went cheap also but the shear weight of those pieces intimidated me. There was actually a Oliver Bandsaw that made my PM bandsaw look like a toy. :) And an Oliver planer that I actually regret not bidding on. But it was a great day…

-- .

View cutworm's profile


1075 posts in 3030 days

#13 posted 07-28-2012 01:15 AM

Gotta love a day like that!

-- Steve - "Never Give Up"

View ,'s profile


2387 posts in 3783 days

#14 posted 07-28-2012 01:24 AM

OK, one more score.

I dont have pics but I actually bought 2 brand new shaper cutters still in packaging. They are raised panel cutters, they are 2 different profiles, one is ogee, cannot remember the other. They were in a small box of stuff another guy bought. He bought the box for 10.00. He told me there was a part in the box he needed and then I asked if he needed the shaper cutters and stated “no”. I told him since he paid 10.00 I would offer him 20.00 for the cutters that way he got his things free plus an extra 10.00. They are 3 wing Delta shaper cutters.

It was a really fun auction but I am sure they cannot all be that good.

I was outbid on several routers, I tried to win a doweling machine and lost and I tried to win one more PM66, it was visibly much newer then the one I had already won, it was between me and just one other bidder and I gave up at 365.00. It had a 52” beise fence and appeared in generally better shape then mine.

And, the auctioneer made a mistake and accidentally put me down for winning the bid on a very nice 15” Delta planer for 165.00. Another guy had won the bid, I actually did not even submit a bid for that planer. They came and got me to clear up the confusion, when I seen my ticket had that planer under my number for 165.00, a small voice in my head said, “gosh that is a good price for that planer, but that would not be honest” so I told them it was a mistake. The other fella was angry but happy I was honest.

-- .

View gfadvm's profile


14940 posts in 2926 days

#15 posted 07-28-2012 01:39 AM

Jerry, You hit the lottery here! What a haul. I’d keep that big bandsaw for sure as you can do a lot with it that the smaller one can’t. And it will do everything that the smaller one can.

-- " I'll try to be nicer, if you'll try to be smarter" gfadvm

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