Fellow I know asks what is a pin vise? Could be 2 styles. One uses a screw down collar and an internal collet split 4, 6 or 8 ways. Another uses a fixed collet with 2 jaws and a sliding ring to tighten things. These are used commonly by watchmakers, jewelers, electronics folks when it is necessary to drill a precision hole by hand. Very handy and not expensive. Image below.
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~ Jon
1952 1/2 ton with 1959 235 | T5 with 3.07 rear end