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Deal of a lifetime?

I think I just got really lucky.

Spotted an ad yesterday for a First LC-1 1/2 marked for parts/scrap.

Looked at the photo and the mill didn’t look all that old or tired, description said there’s a problem with the head, sounds like a bag of marbles when it runs. Otherwise no issues.
I had the same thing with my Lagun mill and the problem was the motor bearing. I replaced the 600 volt motor anyway with a 3ph 208 volt.
 
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