I just picked up a King-Seeley 12" bandsaw and motor made for Craftsman sold by Sears in 1948 and in the process of restoring it.
I drove about an hour to go look at it and after checking it out handed the guy the $90 he wanted for it. The upper blade guide assembly wasn't original. The die-casting was replaced by a machined aluminum sand casting...definetly a home or shop effort. Tires of course were hard and cracked, and everything was either tarnished or rusted but nothing was pitted and that was about half my decision to buy it.
The other half came to it being almost 100% complete except for the D- sand casting/machining project plus only a very small amount of tool marks from it being working on. After a good cleaning and painting, four new main bearings, aftermarket urethane tires it will be adding another $100. Big difference than 1948 prices. They would have wanted a whopping $4.40 for everything if ordered off of their price list.
The saw itself is made very high quality. It would be very hard to find the same quality in this size until you stepped up to the big $800+ floor models. King Seeley did not use cast iron they used cast steel throughout the whole 103 prefix series with Sears Craftsman model numbers in their lineup. It isone heavy saw for its size and they run very smooth, steady and quiet.
I am now just working through some of the table tilt assembly, blade guides and shafting with the lathe, files, sandpaper, steel wool, wire brushes and grit blaster cabinet to clean up parting lines and fit nicer than new. The covers and frame castings will get blasted and sent over my buddy's house for gloss grey powder coating. I am hoping it slicks the castings up nice because of sawdust. I have a plan for dust collection too right where the dust starts with the blade.
Last week a fellow restorer in Canada had an original guide casting for me in response and is sending it along for no cost. Now the saw can be 100% correct with goodies.
The saw is one more step closer in my boat shop effort and I feel anyone who's considering buying a bandsaw to check out some of the older ones out there if your looking for quality at a better price if restorations aren't a problem. One thing to keep in mind, bandsaws have a pretty low parts count to them so it makes this project a bit easier.