1961 Shopsmith Mark V 500 “Goldie” Restoration

After restoring my 1961 Shopsmith Mark 5 "Goldie" (the Goldie/Golden Shopsmith!), I promised a final summary video covering what I learned, the mistakes I made, and how the machine performs today. A viewer reminded me I never did it... so here it is!

In this video, I walk through the finished machine, all the accessories I've restored (jointer, jigsaw, planer, etc.), and share my honest thoughts after using it for over a year. I also discuss my next big Shopsmith project: restoring a 1954 Shopsmith "Greenie."

Key Topics & Timeline:

0:48 - Full Tour of the Finished Goldie & Storage Cart

1:00 - Shopsmith Accessories (Jointer, Jigsaw, Planer, Sander)

2:40 - Mistakes I Made (The Roll Pin Fiasco)

3:30 - Restoring the Way Tubes (Rust 911, Mini Lathe & Eastwood Contour SCT)

4:30 - Paint Colors Used (Hammered Silver, Gold, and Bronze)

5:06 - Polishing Tips (Hand Polishing vs. Buffer)

5:54 - Quill Upgrade and Motor Issues (Belt Burnout Fix!)

7:05 - Speed Increaser Setup and Workaround

9:10 - Using the Shopsmith as a Table Saw vs. SawStop

10:38 - Warning: Shopsmiths Are Addictive! (Introducing the 1984 500)

12:43 - NEXT PROJECT REVEAL! (The 1954 "Greenie" Restoration)

14:04 - Goldie Running Test

If you have a Shopsmith or are thinking about restoring one, let me know your thoughts or questions in the comments!

Please Like, Share, and Subscribe to follow the upcoming Greenie restoration!

Time Topic
0:00 Intro and Apology for the Delay
0:48 Full Tour of the Finished Goldie
1:00 Shopsmith Accessories (Jointer, Jigsaw, Planer)
2:40 Restoration Mistake: The Headrest Roll Pin
3:30 Way Tube Restoration Tips (Rust 911 & Eastwood SCT)
4:30 Paint Colors Used on the Restoration
5:06 Polishing Tips: Hand Polish vs. Power Buffer
5:54 Double Bearing Quill & 1-1/8 HP Motor Upgrade
6:12 Troubleshooting: Why I Burned Up Drive Belts
7:05 Speed Increaser Setup & High-Speed Adjustment Hack
9:10 Goldie Table Saw vs. SawStop (Why I use it for Dado Cuts)
10:38 Shopsmith Addiction: The Second Mark 5 (1984 500)
12:43 Next Restoration Project: 1954 Shopsmith "Greenie"
14:04 Running Test and Engine Sound
14:51 Final Thoughts on Shopsmith & Future Plans



#Shopsmith

#ShopsmithMark5

#Woodworking

#ToolRestoration

#VintageTools

#OldTools

#ShopsmithGoldie

#DIYRestoration

#WoodworkingTips

#HomeWorkshop

#MultiTool

10 2

17 4

In this episode we reassemble the Headstock after cleaning, polishing and repainting various parts of it.


You can find the link to Bill Mayo's speed control upgrade here: https://forum.shopsmith.com/viewtopic.php?p=185690#p185690

Here is a link to the new switch I used: https://www.amazon.com/dp/B01708BHG0

This is the replacement cord I used: https://www.amazon.com/dp/B07QYR9C9K

If you want to download the cord strain relief I made, let me know in the comments.

7 7

In this episode, we fix the orientation of the castors, put the extension table back together and disassemble the headstock.

7 4

In this episode we media blast, paint and reassemble the base.

13 6

In this episode, we paint a base tube and restore the castor assemblies.

20 4

We are back with more on the Shopsmith Restoration. In this episode we polish the saw table top and extension table. We also clean up and rust proof the way and base tubes. Finally we media blast the Base Assembly and Arm.

26 6

In this series we restore a 1961 Shopsmith Mark 5 500 "Goldie"

The first episode covers the dis-assembly of the base.

53 18