Midas LTD

MI-1220 LTD
  • $2,399.00
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MIDAS 3-in-1 Machine

BIG FEATURES - Small Price
DO MORE than you thought possible!

110V ¾ HP

Smithy started the 3-in1 machine tool craze back in the mid-1980’s with the Midas. The Midas line remains as strong as ever: The all-in-one solution for individuals and companies that have smaller shops and budgets, do a moderate amount of machining, can forgo some “bells & whistles”… but demand Smithy quality and service all the way.

Midas Machine Features:

  • Precision – Repeatability to to 0.001”
  • Large Work Table – Larger work pieces
  • Thread Cutting – Right, left, inch and metric
  • Power Feeds – On all LTD model
  • Larger Spindle Bore – Up to 1” bar stock



Extended Mill Head

40% more milling capacity.

Two Separate Motors

Match the power to the job, 3/4HP lathe motor, 3/4HP mill/drill motor.


Quick Changeover

12” mill clearance allows room for both mill and lathe setups without removing the lathe chuck. Removing the chuck allows for even bigger work.

Threading Dial and Half-Nut

Cut and chase threads quickly and easily – and as accurately as a master machinist.

Bi-Directional Power Feed

On both leadscrew and crossfeed assures fine finishes on both mill and lathe work.

Rack & Pinion Feed on Carraige

Quickly position your cutting tools and zip your carriage back and forth to speed your work..

Machine Features:


Power Feed Engage Handle

Position cutting tool, adjust speed and engage, as simple as that.

Mill/Drill Head Lock

Tightens mill head in desired position for rock solid milling and drilling.

Headstock Moves 360 Degrees

Swing mill head out of the way when using lathe, swing back and lock to mill or drill.

7/16” T-Slot

Standard size t-slot for holding tools and workpieces.

Special Dovetail Ways

Dovetail provides accuracy and rigidity, ground and hardened for long-life and accuracy.

Lifting Handles

Convenient slide away lifting handles.

Belt Tension System

Release handle to loosen belt, engage handle to re-tension belt before operation. Allows for quick and easy speed changes.

Powerfeed Gearbox

Two speed gearbox provides a range of speed combinations to power leadscrew.

Table Locks

X and Y axis can both be locked down for solid milling results.

12 Speed Mill Head

Rugged design is also adaptable to a range of machining applications.

Three Jaw Chuck

Precision, self-centering 3-jaw chuck comes installed on the machine as part of the Quick-Start Tool Package. See more tool package information at the bottom of this page.

Microfeed Handle

Engage microfeed clutch and rotate handle to perform operations that require microfeed measurements.

Offset Tailstock

Cut tapers on the lathe and adjust for super accuracy.

Floating Dials

Set starting points for threading and other functions. X and Y read in 0.001" increments.



Model Name MIDAS 1220 LTD MIDAS 1230 LTD
Shipping Weight 620 lbs 658 lbs
Machine Weight 507 lbs 567 lbs
Crate Size 45" x 22" x 38" 57" x 22" x 38"
Work Area Requirements 36" x 62" 36" x 72"
Length 43.5" 55.5"
Width 20" 20"
Height 34" 34"
Footprint 18" x 37" 18" x 47"
T-Slot Size 7/16" 7/16"
Powerfeed (X-Axis) Yes Yes
Powerfeed (Y-Axis) Yes Yes
Powerfeed (Z-Axis) No No
Threading Dial Yes Yes
Table Size 5-7/8" x 16-3/4" 5-7/8" x 16-3/4"


Model MIDAS 1220 LTD MIDAS 1230 LTD
Ampherage 11 (Lathe & Mill) 11 (Lathe & Mill)
Horsepower 3/4 (Lathe & Mill) 3/4 (Lathe & Mill)
Motor Type AC AC
Phase Single Single
Voltage 110 A/C 110 A/C
Frequency 50/60 Hz 50/60 Hz


Model MIDAS 1220 LTD MIDAS 1230 LTD
Distance Between Centers 20" 30"
Dial Calibration Leadscrew .002" .002"
Dial Calibration Longfeed Rack .02" .02"
Dial Calibration Crossfeed .002" .002"
Dial Calibration Tailstock .002" .002"
Dial Calibration On Toolpost .002" .002"
Feed Rate (X-Axis) .0022-.040 .0022-.040
Feed Rate (Y-Axis) .0011-.020 .0011-.020
Headstock Taper MT4 MT4
Lathe Chuck Bore 1.03 1.03
Lathe Chuck Diameter 1.17" 1.17"
Lathe Chuck - Max. Diam/W/P 5" 5"
Lathe Chuck - Min. Diam/W/P 1/8" 1/8"
Lathe Chuck Mount Bolt-On Bolt-On
Lathe Chuck Type 3-Jaw Self Centering 3-Jaw Self Centering
Spindle Bore 1.03" 1.03"
Spindle Speeds Six (160-1600 RPM) Six (160-1600 RPM)
Spindle Accuracy TIR 0.0016" 0.0016"
Swing Over Bed 12" 12"
Swing Over Worktable 6-3/4" 6-3/4"
Tailstock Offset 19/32" 19/32"
Tailstock Taper MT3 MT3
Tailstock Barrel Travel 2" 2"
Threads (Metric) 0.5 to 4 mm 0.5 to 4 mm
Threads (Inch) SAE 6-120 TPI SAE 6-120 TPI
Toolpost Travel 3-1/4" 3-1/4"
Toolbit Size 1/2" 1/2"
X-Axis Travel W/O Tailstock Or Threading Dial 14.75" 25"
Y-Axis Travel 7-3/8" 7-3/8"


Model MIDAS 1220 LTD MIDAS 1230 LTD
Column Diameter 3-1/8" 3-1/8"
Dial Calibration Drill-Coarse Feed 0.042" 0.042"
Dial Calibration Mill-Fine Feed 0.042" 0.042"
Dial Calibration Millhead Up/Dw Crank N/A N/A
Drawbars Size (Included) 12mm, 3/8" 12mm, 3/8"
Drill Chuck Size 1/2" 1/2"
Drill Chuck Arbor MT3/JT33 MT3/JT33
Feed Rate (X-Axis) NA NA
Feed Rate (Y-Axis) NA NA
Head Rotation 360° 360°
Head Travel Z-Axis 3-5/16" 3-1/4"
Quill Diameter 2-3/4" 2-3/4"
Quill Travel 3-5/8" 3-5/8"
Spindle Center To Front Of Chuck 8-3/4" 8-3/4"
Spindle Center To Lathe Spindle Flange 11" 11"
Spindle Center To Column 12-1/8" 12-1/8"
Spindle To Table Distance (Min.-Max.) 6-1/2"-13" 6-1/4"-13"
Spindle Speeds 9 (315-2000 RPM) 9 (315-2000 RPM)
Spindle Taper MT3 MT3
Tool Size Limit 1" 1"
X-Axis Travel 12-1/4" 22-1/16"
Y-Axis Travel 8-1/2" 8-1/2"


Machine/Model Comparisons

Who buys the MIDAS 3-in-1 machines from Smithy?

Home and garage shop machinists are still the most likely purchaser of a MIDAS machine; though there are thousands of units that are being used in a production setting. The MIDAS is not as automated and precise as the GRANITE line, but it is perfectly good and adequate for light duty applications. Buyers for GRANITE include schools, military, labs, and also home shop machinists.

I see two combo machine designs out there on the market. One is the "mill head mounted on the lathe spindle" design, which Smithy developed and popularized. The other design has the mill head mounted on the backside of the lathe bed. Is one design better than the other?

The combo machine with the mill head mounted behind the lathe bed has been around for over 60 years. It was developed by Emco-Meier and was sold by that company as the Maxi-Mat machine.

The design sold by Smithy was developed in the 1980's and quickly became popular because the Emco-Meier design had four disadvantages: 1) Much smaller milling capacity, 2) the mill can't be moved out of the way when you want to use the lathe (like you can with a Smithy combo), 3) the lathe turning cross feed capacity is limited because the mill head interfers with the travel of the work table, and 4) the size of the work table is limited because the mill head column is mounted so close to the lathe bed.

Among some combo machine operators the Emco-Meier design has the nickname "The Head Banger." This came about because an operator that is turning on the lathe can get focused on his project and forget about the mill head being in the way - the result being he bumps his head.

Overall, the Smithy Combo machine design offers more working capacity and higher efficiency and ease of use, compared to the traditional design.

Is the tool pack helpful?

The FREE tool pack is intended to give you a basic tool set-up to get you started when you get the machine. It's a balanced set of tooling, but you will likely need more tooling once you figure out specific projects you want to do.

What do you mean by "Inspected Twice?"

Each lathe is inspected by trained company employees at the factory - PLUS, a second complete inspection is performed at our warehouse in Ann Arbor, MI before it is sent to the customer.

Why are these lathes better than others on the market?

For a machine tool to be truly great it must have attention paid to every step of its development - design, production, quality control, testing, and after sales support. No other bench top lathe on the market, at this price, has the level of quality committed to every step like these MIDAS lathes.

How long have you been selling these lathes?

Almost 30 years.

Are there machine tool sellers out there now that tool buyers should be aware of?

The biggest change in the market recently is the increase in Chinese sellers coming into the market. They tend to sell cheap and buy knock-off products that don't have the quality of the traditional sellers. It is easy to start a website and throw a bunch of machines on it at low prices to see what sells. These companies tend to have poor service support on products that are poor quality from the start.

Do I need to be a machinist to use this machine?

NO, many buyers of these machines don't have experience - what they have is the need to make parts. Usually they already have something in mind they need to make. What is needed is a commitment to learn and curiosity. It will take time, but you will figure it out. We have a set of machining training videos on our website - you can usually find classes at a local community college or Vo-tech school. Get a machine and get going! You won't be disappointed.

What sort of tolerance can I expect from these machines?

The MIDAS specification is one thousandth of an inch production tolerance. The "TIR" (total indicated run-out) should not exceed .002" on any spindle assuming that you have followed proper setup procedures and have not exceeded the physical capacities of the machine or surpasses the safe feed/speed rates.

What are the machine weights and dimensions? Will they fit in a standard 8' pickup truck bed?

Yes, all Smithy combo machines fit into a standard 8' pickup truck bed. A disassembled machine stand willl also fit into the pickup bed, along with the machine.

Are the dials in inch or metric?

Inch, the machine design and gearing is based on inch measurements. You can also cut metric threads with the 1220 LTD.

Does the Midas have a hole through the center of the spindle and what size is it?

Yes, all MIDAS machines have a 1.03" spindle bore through the center of the spindle for passing stock through.

What are the power requirements for the machine?

MIDAS machines run on 110 volt power and plug into a standard household outlet. The motor draws 11 amps. We recommend using a dedicated 15 AMP breaker.

How much space do I need to accommodate this machine?

A MIDAS normally takes up the space required to store a bicycle. When planning for your MIDAS installation, be sure to account for movement around the machine and opening the pulley door on the left end.

How easy is it to cut threads on the MIDAS machine?

Cutting threads is accomplished by following the pitch chart to manually change gear to match the desired thread pitch. The threading dial helps you stay on track while cutting threads. Cutting inch threads is straight forward. Cutting metric threads can be accomplished.


Midas 3-In-1 Lathe - Mill - Drill


 Here are a few popular uses for the Midas 3-in-1 Lathe-Mill-Drill:



Fix ANYTHING around your home, yard. garage including cars, appliances, toys, plumbing, more.Ron put obsolete windows in working order.I made the small plastic parts I needed to repair my vintage aluminum windows with my Smithy.

Ronald B., Kettering, OH


Machine nearly everything on a rifle, shotgun, pistol, or revolver with a Smithy. Mill sights, jewel a rifle bolt, taper and chamber a barrel, more.Bob wants only the best.I require the best equipment to make the best guns. The Smithy does that for me.

Bob M., Butte, MT


Build motor mounts, drivetrain parts, custom wheels, and deck fittings. Go all out and replace plastic parts with metal.James Finds building trains easy & fun.I build model trains. I use my Midas 1220 to work on axles and that sort of thing. It's easy and fun to use.

James F., Denver, CO


The Smithy works , too. Turn round or square wooden workpieces with less chatter and vibration than light, ordinary wood lathes.Jim made 28 bowls on his Smithy.I am very satisfied and recommend the Smithy to anyone. I've made 28 bowls of various sizes and materials: walnut, pecan, cherry, ash, oak, more.

Jim D., Owasso, OK


Make or repair parts for racing cars, motorcycles, boats, and more. Ask the winner at your next race: he probably owns a Smithy!Custom Parts made easy on the MidasThere's a lot of special studs, shoulder bolts, custom axles, spacers and whatever that are not likely to be in stock if they exist at all. I can whip one out on the lathe in an hour.

Michael C., Covert, MI


Can't find original replacement parts? Restore like a pro by modifying existing parts or making new ones from scratch with a Smithy.Mike makes things you just can't buy over the counter.I've installed a motor and am making all the custom chrome goodies, things you can't buy over the counter.

Mike W., Westminster, CO

More Uses

Of course, possible uses for a Midas machine are not limited to these eight applications. What would you do with a Midas machine in your shop? Give us a call, we are interested in your ideas!