I picked up a Deckel engraver frame in similar condition for €20. I have mounted a Sherline ER-16 spindle on mine and run a 1/2 HP motor with a VFD and four step pulleys (the speed range is about 60-6000RPM) Unfortunately it is located an hour from my apartment

http://www.wrathall.com/Interests/CN...nkenDeckel.htm
I need to update this page with some pictures of it.

The quality of the castings and ways on these old industrial machines is a huge step up from the 7X12 chinese lathe I also have.