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T1514 Auger Bit Depth Stop

This beautiful old depth stop is designed for auger bits. It has flats on the inside that mesh with the spiral flutes of the bit so you can turn the bit to adjust the depth, then clamp it in place with the wing nuts.

Location: Box 38

Have you used this tool? Think my description is all wrong? Have a better example? Comment now with any thoughts you have about this tool!