Even though I am a clockmaker and don't repair watches, I have a watchmaker's lathe. I use a Webster-Whitcomb lathe to polish the pivots on clock wheels.
The WW lathes are steeped in American history. The American Watch Tool Company started in New England in the 1800's and made over 5000 lathes which were in high demand. Ambrose Webster designed a lathe know as the "Webster-Whitcomb" and it was a superior tool then and still is today.
I bought mine several years ago for $225.00 but originally they sold back in the 1800's for $60.00-$30.00. This lathe has stood the test of time and is still sought after as a fine piece of machinery.
Here is a picture of my lathe.
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