That machine has a 1.875" thread spindle. Later models have the 2.250" x 8 thread. Back plates and face plates are more readily available for the 2.25" plus 5C collet use. I like the double tumbler gearbox better. No sliding gear on the side...(less gearing, less noise). If I could see that lathe and determine minimal wear, and the accessories (3 and 4 jaws, plate(s),center adapter for spindle,chasing dial), I might go $2000. Maybe a couple hundred more in the machinery desert. Again, this all depends on wear. Here in Pa., I wouldn't go that much.