Has been completely gone thru, cleaned and adjusted. Has new spindle bearings, new belts and new stones. Valve stem stone is ruby 60 grit and valve facing stone is ruby 80 grit for satellite valves. Has new wiring, user manual and 1 gallon of valve grinding oil (do not use water based fluid in this machine-oil only). Valve chuck T.I.R. is .001”. Also includes valve spring height and tension testing tool.