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Colchester Master 2500 Valuation

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leonnayr

New Member
My neighbour has a Colchester Master 2500 that she's looking to sell. Apparently it works and is in great condition. Not sure the value of it, so was hoping someone here could give some insight. Thanks.
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Darren said:
Around here that would be a 6-7k machine for sure.
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What a difference a few thousand kilometers make.

The same era and model lathe just sold in Detroit for $3100 USD with more accessories.

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and this 15-20 year newer model just sold in Trenton for somewhat over 6k with more tooling as well.

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Around the gta an off the cuff guess is between $3500-$7000. Depending on how fast you want to sell it, condition and what comes with it. +/-1000 for some unknown fudge factor.

If she's liquidating for a deceased family member than there may be a lot of other related, an unrelated tooling to go with it too. It may increase the price, but alleviate the stress of her having to piece it all out, and stretch it all out over a few months to years. Having someone come in to buy it all, might be of great value to her, and opportunity exists for both parties to be very happy with the deal.

Looks like a nice lathe. The first metal lathe I ever used was a similar brand new colchester they'd just got in the Durham College machine shop. I've always like those speed selector dials. But I've always disliked the backward carriage/cross slide feed handles of British iron. It just feels unnatural to me and makes me uncoordinated.
 
Dan Dubeau said:
Around the gta an off the cuff guess is between $3500-$7000. Depending on how fast you want to sell it, condition and what comes with it. +/-1000 for some unknown fudge factor.

If she's liquidating for a deceased family member than there may be a lot of other related, an unrelated tooling to go with it too. It may increase the price, but alleviate the stress of her having to piece it all out, and stretch it all out over a few months to years. Having someone come in to buy it all, might be of great value to her, and opportunity exists for both parties to be very happy with the deal.

Looks like a nice lathe. The first metal lathe I ever used was a similar brand new colchester they'd just got in the Durham College machine shop. I've always like those speed selector dials. But I've always disliked the backward carriage/cross slide feed handles of British iron. It just feels unnatural to me and makes me uncoordinated.
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Hey Dan,

After my job in Toronto ending in 1991-92, I went to Durham college and took a program called "Tooling Technics". This program was supposed to be designed to upgrade a machinist to a toolmaker. The course teacher was an old British man (Bob Forsyth) who was on his last year teaching at the college. The shop was located on Simcoe Campus still at that time. Just wondering if you were from about the same time.

I remember running their lathes after having ran essentially the same machines for 6 plus years. The assistant teacher came over and gave me shit for running so hard, said I would break it. I also made a custom camera part for that assistant teacher and caught a rat's nest. It was sent all the way to the milling machines (60 feet). I was knocking out one complete project / 4-hour class. I completed every project and extras given by the main teacher. Graduated 4 weeks early when I got employed down here in Windsor at a mold shop......

Bottom line is the machines can cut and aggressively.
 
There was a 2500 around here a couple of years ago with an approximate asking price of $5500-6500....I can't remember exactly now. What it actually went for not sure. A newer one was on FB in 2018 which had an asking price of $6500 and that went quickly. Ontario prices definitely run on discount compared to western Canada.
 
You're a few years ahead of me.....I was there (Simcoe campus) from 2000-2003 for a Mech Eng Tech program. John Bissett was my machine shop teacher. A Scottish fellow, that was into live steam. A few other notables where Rick Ross for Metallurgy, and another Scottish guy, Ian Kirk for CAD/CAM and Metrology. Those 3 guys made an impression on me, and I've made a living wearing various hats in a few different facets of the trade ever since. It was a small shop in the NE corner of the main building. 4 mills, 2 lathes, and 5 surface grinders. Maybe a few others I don't recall. I do remember there being a big capstan lathe in there too. The CNC department didn't really exist, and the VMC they had in there never worked the entire time I was there, so we only got to play around with a desktop machine cutting wax models.

The Simcoe campus has grown 2-3x since then. You wouldn't recognize it anymore.
 
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