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Like everything else, it's worth whatever someone is willing to pay for it.
In excellent condition with lots of 'tooling' like chucks, rests, attachments, extra parts, etc. a nice clean Wards lathe might be worth $1000 or more.
A rusty, dirty, neglected or abused old example with no extras and in poor condition?
Maybe a hundred bucks......maybe less.
hth, Steve
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