Hey guys, I am new to the site and I am in the market for a lathe. I am also new to machining and have almost no experience, just a strong fascination for turning a hunk of metal into something useful. Anyway, I found whats advertised as a South Bend 12 quick change gear lathe that is going across the auction block this saturday. I am hoping for a little advice on what I should pay for it if i decide to buy it. This lathe is in central indiana. I know without inspecting the ways and being able to turn handles and see how it all feels you guys wont be able to give an exact number, I am just looking for a ballpark figure. The link to the auction is posted below. Take a look and let me know what you guys think. Thanks. http://www.auctionzip.com/cgi-bin/auctionview.cgi?lid=2990616&kwd=&zip=46173&category=0