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7 posts • Page 1 of 1

value of used mark v

#259883 by Pillsnpwd » Thu May 23, 2019 8:53 pm

Hello not sure were these posts end up but im trying. I am looking at a 1992 Mark V 510 in slightly used condition, but has been idal for a while, years. Some rust on ways and setting out side under a tarp about a year. I has table saw, Band saw, gig saw, lathe parts not sure what, factory stand with wheels, at least... What would you give for it??? He says $500 but Im not sure... Are working accessories worth much on cregslist? Thanks Reed... Pillsnpwd user name... :) :)

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Re: value of used mark v

#259884 by thunderbirdbat » Thu May 23, 2019 9:07 pm

That sounds like a reasonable price. The SPT's (band saw and jig saw) can sell individually for $100 - $250 depending on where you are. If you have not already done so, read through the sticky post Shopsmith Large Format drawings in the Maintenance and Repair section. Be sure to look at the Buying a Used Shopsmith guide that can be found on the My Google Drive link. Welcome to the forum.

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Brenda

1998 510 upgraded to a 520, upgraded to power pro with double tilt and lift assist.
1998 bandsaw
2016 beltsander
jointer
overarm pin router

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Re: value of used mark v

#259889 by garys » Thu May 23, 2019 9:43 pm

You don't say where you live and that dictates price much more than anything else. Around here, you couldn't buy one like that for $1000. It would fetch at least $1500.
If you live in a part of the country where there are large numbers of Shopsmiths for sale and they sell cheap, then you can get it much cheaper than if you live where few of them are available.

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Re: value of used mark v

#259896 by Pillsnpwd » Thu May 23, 2019 10:24 pm

Thanks for the reply. Im thinking I really should grab it. We’re in south central Alaska

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Re: value of used mark v

#259897 by Pillsnpwd » Thu May 23, 2019 11:28 pm

My google drive link❓❓. Is that the one with the iron something passssword that doesn’t work ❓❓. Help. Thanks

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Re: value of used mark v

#259900 by thunderbirdbat » Fri May 24, 2019 12:19 am

The link is in the first post of the Shopsmith Large Format Drawings topic under the Maintenance and Repair section.

https://www.shopsmith.com/ss_forum/maintenance-and-repair-f10/shopsmith-large-format-drawings-illustrations-and--t16113.html

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Brenda

1998 510 upgraded to a 520, upgraded to power pro with double tilt and lift assist.
1998 bandsaw
2016 beltsander
jointer
overarm pin router

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Re: value of used mark v

#259909 by chapmanruss » Fri May 24, 2019 12:20 pm

If you have not purchased it yet or even if you have look inside the headstock by removing the two screws holding on the belt cover. Since it was stored outside under a tarp it is important to look at the motor and other headstock components. First look for rust on the inside of the belt cover. This will be a good indicator of rust problems inside the headstock. Use a flashlight to view the rest of the parts inside the headstock for rust. Can you plug it in and run it? With it running you can try the speed control. Does it move up and down the speed range easily or is it difficult to turn? Remember NEVER turn the speed control without the motor running. There is an exception but that is done for maintenance and the parts must be turned by hand. These are things talked about in the guide Buying A Used Shopsmith. Even if there are some problems they can be corrected with a little TLC or some rehab.

I restored this Mark 5 Greenie which had a rusted quill and other problems. This is the before picture.
3.jpg
Before - CL ad picture
3.jpg (99.93 KiB) Viewed 4484 times
This is the after picture.
IMG_0220r.jpg
After restoration
IMG_0220r.jpg (238.59 KiB) Viewed 4484 times
I spent almost $500.00 restoring this Mark 5 Greenie. This included replacing missing parts it came with when originally purchased. When finished it not only looked like new but ran like new also.

If you spend even a couple hundred dollars restoring the Shopsmith you are looking at it is a good value in my opinion and you will have a nice running machine you can use for years to come.

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Russ

Mark V 520 S/N 09-11-01 completely upgraded to Mark 7, with all SPT's & more.
Model 10ER S/N R64000 first one I restored on bench w/ Shopsmith metal ends & retractable casters. Has Speed Changer, Model 4E Jointer, Jig Saw with lamp, a complete set of original accessories & much more.
Model 10E S/N 1077 oldest one I have restored. On bench w/ Shopsmith metal ends & retractable casters.

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