I have one on a post in my shop....for decoration only.
It was off the family farm where it was used for drilling metal and repair work. I had some fun with it when I was about 8 yrs old. It is self feeding with a cam action and a gear on the top. They're very cool but not very useful, in my opinion. The chuck is primitive with a threaded bolt to hold the bit. I think the price is reasonable if it works.
Thanks for the info guys. If I had 60 bucks that I didnt know what to do with, I'd buy it. Unfortunately, that cash would be much better spent elsewhere
If you're reffering to the old wall-hung variety's(craigslist ad is down).....
Home-boys get them and then very politely(nothing harming historic value) modify them to use as semi-power,semi-auto tapping machines.I did one years ago....they work great.
You mainly just have to replace the drill chuck with a square shank,tap holding chuck.
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