Wondering what to do with it. Restore? Sell (absolutely no clue as to value)? Suggestions? Comments?

Restore it if it's something you want to keep for yourself.
I don't think it's something that's especially valuable so if you do restore and sell, your hourly wage will be a fraction of minimum wage.
Look it over carefully to see if there is any indication of brand or numbers then do a search.

That looks like something PHPaul or GrumpyBiker would like to play with.

Jim

My grandfather had one similar to that in the workshop at his business. It and several other tools (band saw, table saw, planer) ran off a shaft driven by a single motor.

My dad ended up with all of it and restored all of the tools. They run great to this day. The lathe was a combination metal and wood and we did a lot of little projects before I moved out on my own.

I used it many many moons ago. It has sat in my parents house (Upstate NY) for decades and now that the house is up for sale this needs disposition.

I'd restore it for nothing more than sentiment. I'm sure if you do restore it, you will have a sense of personal reward and pride.

in a word No,I see no value other than scrap

That's a wood lathe, and a pretty basic one at that. Somewhat unusual due to age and the grinder attachment.

Would be an easy restore, if it has sentimental value, go for it.

I doubt it has much value otherwise.

The base scares me.

Fresh bearings and a modern motor and it should do what a new would do. Maybe even better.

I have almost the same one.

I make my wands with it.

This might help at least to date the motor:https://www.mechanicalmusicpress.com/registry/motors/cpmotors.htm

Seems the company closed up in 1972.

The motor manufacturer had quite a history:http://www.coachbuilt.com/bui/t/thomas_chauncey/holtzer_electric.htm

quote:

Originally posted by shovelhead:
This might help at least to date the motor:https://www.mechanicalmusicpress.com/registry/motors/cpmotors.htm

Thanks. Looks to be a 1929 vintage motor.

The motor is possibly the best part of the machine.

That lathe looks decently clean. The ones with pattern-maker equipment can be really fun.

I'm no expert, but I've restored a number of vintage wood lathes and drill presses. Biggest critical thing I've found is to avoid any that have bent shafts or core assemblies. You can find replacements but it's hit or miss on ebay.

I've mentioned this before in other threads but back in the 1950's my dad had a leather shop. He got a 1938 era Wards Power-Kraft drill press that he used for many years. It moved into another business where it served until he passed. I grew up using this lathe.
In 2006 or so the building it was in was damaged in a hurricane and water dripped down and made the press damp which caused rust- here it is before-



Here it is after-



Only thing I painted was the motor and I masked off the brass ID plate. The rest was originally raw metal and it cleaned up nicely. Those original painted areas were done pretty darned well.

In cleaning things like this- bronze wool and oil works well for the delicate. I replaced all of the original bearings and one bushing. I found one broken piece in the motor speed control that I had to make but it was straightforward. New cord. (Always add a ground if not originally equipped).

Biggest thing I learned about doing old electric motors is whatever you do- when you are cleaning/scraping/brushing dust/dirt/debris/rust from electric motors, dissembled or not...
DO NOT blow compressed air into the armature/coils internals. Instead- vacuum material away with a brush head shop vac as much as possible. The reason for this is that much of that rust/metal debris is conductive and if you blow it into the winding/armature it will cause problems. As far as value- if you like it and you get it at a workable price, use it and enjoy it.
Good luck!

I'm a sucker for old machines, especially if kept in the family. If you're up for a project, start by looking at the following:
http://owwm.org/
http://vintagemachinery.org/

If you're not up for a project, someone at the above may be interested in providing you with a little cash to take it off your hands, or may need parts.

The photos alone may inspire you.
New bearings can be had. If the motor runs, it is probably the best part of the package.

That lathe looks like an accident waiting to happen.

If not already aware, the grinder portion is not part of the original lathe assembly. They used a modern coupler to share power between the lathe and grinder.

As far as the lathe being dangerous, no more than any other wood lathe in my opinion.

It would be nice for doing wood turning. Restore it and use it in your basement or garage. Needs a tail stock center. Some kind of Morse taper. Grinder will sharpen and shape your turning tools.