"The 101 had a rather weak spindle, spindle bushings rather than bearings and cast potmetal gears. It's OK for light work, one step up from a Unimat, but don't try anything serious."
The Sears 6" engine lathe, with the model number beginning with 101. was made Atlas Press Co.
These lathes have a sturdy spindle with a #2 Morse taper in the bore. (the weak spindle was a feature of the sears model 109. made by aa engineering)
There were two major versions of this Atlas machine. One, with sintered bronze spindle bearings, the other with Timken tapered roller bearings.
The gears (change and backgear) were high pressure Zamak castings. These have wear qualities similar to cast iron.
These machines are very sturdy. I have one of the older (sintered bronze bearing) machines and have turned large (for a six inch size lathe) projects. After 50 years of use/abuse, the run-out of the spindle is less that 0.0005". These machines can cut a wide range of threads, and will take 18" between centers. The spindle speed can be adjusted to below 60 rpm, making it ideal for threading.
If the bed has not been abused and is complete with change gears, faceplate, etc., I would considered this as a good asset.
Leo (pearland, tx)