It is a Gilmore inlay machine, designed by Ned Morris. I believe Mike Webb has one of these. There were only about 60 of these made. I have one also and it came with about 80 patterns.
I wonder what this will bring? http://www.ebay.com/itm/UNIQUE-CUE-MAKER-LATHE-UNIQUE-PRODUCTS-/260857123806?_trksid=p5197.m7&_trkparms=algo%3DLVI%26itu%3DUCI%26otn%3D3%26po%3DLVI%26ps%3D63%26clkid%3D3061189323989293823