Why did I buy this item? Simply looked too cool to not bid for $45 bucks and then to my surprise I was the winning bid. The tapping machine was a bit neglected but was completely functional when plugged in. A good cleaning, paint and replacement of wear parts brought this guy back to 'out of box' condition. When they are made well it's not too difficult to restore.
The tear down went relatively smooth with only the spindle bearings showing enough wear to need replacement.
Next up is a round of degreasing and paint stripping with oven cleaner followed by a new coat of paint. Used Rust-Oleum flat black paint.
The label was done by painting black and then using an flat stone to wash away the raised part of the imprint - took some time and a soft touch but came out looking fine.
Short video below of the reverse function being engaged on the cone drive.
There is a simply satisfaction to bring an old tool back to new life. Every time I use these tools I feel a sense of connection with the previous owners.