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Lathe value ?

Gary, I owned a Logan lathe and have amateur experience. They are good lathes. They were a competitor of South Bend. Logans of your style have large ball bearings in the headstock. South Bend had bearings like main bearings in an engine. Both designs worked very well. They are a quality lathe, perhaps not for barrel work, I’ve never attempted it. I know my limitations. Depending on the model it may have a threaded spindle. Mine was 2-1/4x8 TPI. Logan’s have a larger register than SB, so the attachments will not interchange unless the register on the SB part is enlarged. Parts are generally available from Scott Logan at Logan Actuator. IMO, $1,500 would be a price for a best friend or similar. I doubt it will bring anything near $3k though. That is a nice lathe though.

What is the model number on the brass tag?
Not to argue, but folks that live east of the Mississippi have it way better than on the west side.
I gave $2500 4-5 years ago for my Sheldon that is the equal to the Logan in this thread. I looked at a lot of $3-5000 machines of this size. Most within decent driving distance for me were worn out or abused if not both with little if any tooling. I checked back on one of the better Logan’s I ran across, it had sold and the fellow paid to have it shipped from Iowa to Arizona.

There are new machines out there with lots of whittles and bells, some make life easier. I found there to be a pretty solid market for old iron of this size in my neck of the woods.
 
That is a dam fine looking machine and I have no doubt that your dad went all out on the restoration! The aloris quick change tool post with tool holders is about 800 new today.
I have a clapped out Hercus 9AR that can still turn out accurate parts. I'm always on the look out for a replacement. Price is very dependent on location. In the north east there are lots of used machines. The further west, they are fewer and higher priced. Here in Alaska that's close to a 3,000$ machine. Interested in delivery? ;) haha
I'd suggest listing on the Hobby Machinist Forum pages. No matter what, don't 'give it away'. Store it if you have to. They hold their value well.
 
Well, I guess we have a lot of cannon aficionados on here, so here is mine.
The barrel is steel, the carriage is all walnut.

It shoots 1 1/2 inch lead balls. The load is around 1/4 pound of FFF black powder.

However, I have retired it as a ornament in the Foyer of our hose 4E6BFA81-AC64-4747-ACEC-F2FF8154CC91.jpeg
 
Have you searched EBay and Craigslist for similar models? The Northeast is known for having a bunch of machining equipment. You mentioned your dad rebuilt the lathe, get a parts list of everything he replace. That will make a difference in value. Not saying this is the case with your dad, but in some instances guys claim the machine has been rebuilt. When in reality they simply paid someone to clean and repaint the lathe or mill, and claim it as rebuilt. And even then the job is terrible, they paint over everything. The big driving factor in lathe pricing is the bed. If the bed is worn and has a taper either side to side or in thickness, value decreases. To regrind the bed in most cases it changes the screws and nuts Geometry, so they need to be done. Lathe quality bearing are another big expense.

Unfortunately there is a big difference between tooling used back when the lathe was new, as compared to what most guys use currently. High Speed steel tooling and braze on tools use are not worth much. It takes almost 2 years to learn the art of grinding or regrind lathe tooling. That why most use tool holders and carbide inserts. This is what buyers will hit you with, so I figured best too get a head start.

Keep it and find a mill, it like the biggest tool on the block. Machining is a game between you and the micrometer. Once you can hold a .001 making something, then it .0001”. Making chips can keep the mind gong as you get older. Good luck!
 
That's a nice old machine and looks to be in good shape with a "newer" coat of paint. It appears to be a Model 1922 or 922, says on the brass plate by the gear change tumblers. That was the first "real" lathe that I had and they are quite capable of doing good gun work on. It should have a 1-3/8" bore along with being able to accept 5C collets. The steady is a plus because they are hard to find for that machine. This is a step up from the Logan 210 which looks almost identical, but is a smaller machine and not as capable. That lathe has precision roller bearings on the spindle and not bronze sleeve bearings like a South Bend.

I did several barrels on mine, but when I sold it, several years ago, I got $1,800 for it with basically what you have pictured and mine didn't look as nice. I'de say start at $2,000 as pictured and up to 3K range especially if there's a decent amount of tooling there. QCTP is a plus. Assuming the bed isn't wore down.
 

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