Good purchase! When I started my gunsmithing business in 1972 I bought a new Hercus lathe from Morris Black and Matheson in Ch-Ch (my previous place of employemt, Tisadlls Ltd in Cashel street, had a pre-war South Bend that the Hercus is a direct copy of). I think the price of my lathe was close to $1700 and I had to get an import permit from the Minister of Customs, explaining how the purchase would contribute to long-term savings in NZ's overseas funds! It was a good, well-made machine, and it served me well for many years but was limited by the small spindle bore. It was eventually replaced by a 1 metre BC, 38mm bore Taiwanese lathe, and that was replaced about 10 years ago by my similar sized Colchester Student.
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