Not a wood lathe at all although perhaps used as one for the latter half of it's life. Pricing a little speculative but perhaps the owner might be negotiable? It does have some "goodies" to go with it - like the drive yoke - and perhaps some more stuff from either it's machinist or woodworker life.
I did have a Fay & Scott woodworking lathe which I sold - not too large, perhaps 14" swing and was good for the homeowner. This was the "three legged lathe" which I replaced the foot on (and did a credible job ahem - the repair was virtually undetectable.)