Market Value? of Operational Monarch 10EE late 1960’s
Close
Login to Your Account
Results 1 to 13 of 13
  1. #1
    Join Date
    Jun 2009
    Location
    Kentucky USA
    Posts
    42
    Post Thanks / Like
    Likes (Given)
    34
    Likes (Received)
    5

    Default Market Value? of Operational Monarch 10EE late 1960’s

    I’m looking at purchasing a 1968 Monarch 10EE with the ELSR AND TAPER OPTIONS.
    The LATHE IS under power and operating.
    No modifications to the original DC drive have been made.
    One issue Spindle RPM “hunting” at the 1,000-1,500 range.

    What would be an excellent purchase price please??

  2. #2
    Join Date
    May 2003
    Location
    Walla Walla Wine and Wild Turkey
    Posts
    4,587
    Post Thanks / Like
    Likes (Given)
    1
    Likes (Received)
    304

    Default

    I have seen and experienced wild prices on the machines, and I just cant tell you.
    If the module drive runs "at all" it will be easy to fix.
    The point of most concerning wear will be and show, is inside the front bed V way, near the chuck, just rake your finger nail across there-a ridge develops. How much wear, well..
    Another good sign is the condition of the small details, like the edges of the saddle top gets rolled over in battle.
    A machine that has a lot of wear, can still produce very good results.

  3. Likes Mac007 liked this post
  4. #3
    Join Date
    Feb 2019
    Country
    UNITED STATES
    State/Province
    Michigan
    Posts
    61
    Post Thanks / Like
    Likes (Given)
    19
    Likes (Received)
    15

    Default

    Condition, condition, condition: What is the history of the lathe? How many hours on the machine? Were those hours conducted by professional machinists, who one would hope, make sure the lathe was kept clean, and the ways lubed, and headstocok and apron sumps kept full with the proper lubricant..

    Even a well maintained machine, with proper lubricants can and will accumulate plenty of wear..

    I would do my best to ascertain if the ways are worn, or the saddle, the cross slide. Check the condition of the surfaces of the saddle.

    There are many reasons for a lathe to have a lot of value and to not much remaining value.. Much more information is needed to answer your question.

    DualValve

  5. #4
    Join Date
    Oct 2004
    Country
    UNITED STATES
    State/Province
    Iowa
    Posts
    3,153
    Post Thanks / Like
    Likes (Given)
    66
    Likes (Received)
    399

    Default

    An 'excellent' purchase price is entirely determined by perspective.
    for the BUYER... would be free, right?
    For the SELLER... well, Monarch was selling fully refurbished 10EEs for well over 100 grand a few years ago...

    I bought my '42 M-G machine from the Rock Island Arsenal DRMO for $750 in 'not economical to repair' condition. Took me $55 for a new contactor coil to make it operate on 240v... and I adjusted out some slop, and have been using it ever since...

  6. Likes Cal Haines liked this post
  7. #5
    Join Date
    Sep 2011
    Country
    UNITED STATES
    State/Province
    Virginia
    Posts
    27,283
    Post Thanks / Like
    Likes (Given)
    7561
    Likes (Received)
    8507

    Default

    As has been said - and proven - a 10EE can still make good parts with severe bed and cross wear. "Partial" fixes that address only the worst part of issues work OK, too.

    Powering it? Doesn't much matter. PM community can help guide restoration of any OEM drive Monarch ever shipped, and several third-party modifications or conversions as well - be that "juice" drive, Dee Cee, Vee Eff Dee ... even servo.

    Steam turbine conversion? Be careful what you wish for. So long as it can be belted-up? PM will find a way!



    My concern as to "condition", then?

    That those VERY expensive spindle bearings still have reasonable accuracy left in them.

    Bad ones are one of the few things that yah cannot just "live with", work around, or substitute your own dedicated refurb labour for scarcer cash.

    "Market Value?" Now and then, we get "lucky", but time having passed, yah have to figure North of $4,000 even for a "sad and sorry" or "rough and ratty" 10EE these days. eBay has surely seen plenty of listings.

    Above say $6,000 or $8,000 yah have to stop and ask yerself just what you want, why you want it, what is is you plan to DO with it, and how soon. A "project" is just that. A project. A revenue-earner? Usually not so much..

    I don't know if three or more 10EE will make yer dick work any better, but TWO did not, so I figured that was enough data for the time I have left.


  8. #6
    Join Date
    Oct 2010
    Location
    Moscow,Idaho,USA
    Posts
    1,189
    Post Thanks / Like
    Likes (Given)
    1340
    Likes (Received)
    571

    Default

    I know the lathe you're speaking of and think the price is good.
    Nice late model single oil sight glass headstock.

  9. Likes Mac007 liked this post
  10. #7
    Join Date
    May 2003
    Location
    Walla Walla Wine and Wild Turkey
    Posts
    4,587
    Post Thanks / Like
    Likes (Given)
    1
    Likes (Received)
    304

    Default

    I stumbled on. it from another thread, I cant comment on price, there are many where I am located.
    The machine has the newer style headstock oiling, and the heavier tailstock. I looks like it still has original paint. Well equipped also.

  11. #8
    Join Date
    Sep 2002
    Location
    People's Republic
    Posts
    3,133
    Post Thanks / Like
    Likes (Given)
    228
    Likes (Received)
    2103

    Default

    Quote Originally Posted by thermite View Post
    As has been said - and proven - a 10EE can still make good parts with severe bed and cross wear. "Partial" fixes that address only the worst part of issues work OK, too.



    And as also has been said, one never pays for such a machine

    when you buy a machine, you buy it with as little wear as possible, then run the snot out of it

    One does not buy boat moorings for more than boat mooring prices, regardless of what else they can do

    He is asking specifically what to pay for a machine, not what is the machine he owns capable of doing.

  12. #9
    Join Date
    Jun 2009
    Location
    Kentucky USA
    Posts
    42
    Post Thanks / Like
    Likes (Given)
    34
    Likes (Received)
    5

    Default Purchased, Pick Up Friday

    Owner & I worked out a deal & deposit paid. Picking up this Friday.
    I will post pics of machine and all tooling by Fri/Sat this week.

    Thanks everyone for your input.

  13. Likes rustytool, gustafson liked this post
  14. #10
    Join Date
    Dec 2010
    Location
    Elk Grove, Ca.
    Posts
    38
    Post Thanks / Like
    Likes (Given)
    0
    Likes (Received)
    8

    Default

    *********************Kids!

  15. #11
    Join Date
    May 2003
    Location
    Walla Walla Wine and Wild Turkey
    Posts
    4,587
    Post Thanks / Like
    Likes (Given)
    1
    Likes (Received)
    304

    Default

    Now you are really stuck, almost like adopting a cat! "What did I just do!"

  16. Likes Mac007 liked this post
  17. #12
    Join Date
    Sep 2011
    Country
    UNITED STATES
    State/Province
    Virginia
    Posts
    27,283
    Post Thanks / Like
    Likes (Given)
    7561
    Likes (Received)
    8507

    Default

    Quote Originally Posted by donie View Post
    Now you are really stuck, almost like adopting a cat! "What did I just do!"
    Cat's the greater risk.

    - No scrap value.

    - Whole world wants to hammer yer azz to death you take a needle-scaler or a Biax near a cat or even HINT at parting it out.

    - Only transmissible virus a machine tool ever carries is Old Iron Disease.

    Well come to think of it....they got cures for all those OTHER diseases a cat can carry.

    Guess it's about equal, after all?


  18. #13
    Join Date
    Feb 2019
    Country
    UNITED STATES
    State/Province
    Michigan
    Posts
    61
    Post Thanks / Like
    Likes (Given)
    19
    Likes (Received)
    15

    Default

    Quote Originally Posted by thermite View Post
    Cat's the greater risk.

    - No scrap value.

    - Whole world wants to hammer yer azz to death you take a needle-scaler or a Biax near a cat or even HINT at parting it out.

    - Only transmissible virus a machine tool ever carries is Old Iron Disease.

    Well come to think of it....they got cures for all those OTHER diseases a cat can carry.

    Guess it's about equal, after all?



    Bill [Thermite] Your comment resulted in me spraying coffee all over my keyboard..

    From one cat-hater [almost] to another: 'NO Scrap Value'.. LOL
    And chasing one with a needle-scailler.. LOL

    DualValve


Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •