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What kind of work are you wanting to do? The plow is a very nice plane, but it really only does one thing - makes grooves. Were it me, I'd get one Auriou finer grain rasp and a spokeshave. The combo will really work well in shaping handles, table legs, and the like. You might also consider a drawknife. In the coarse-medium-fine approach, the drawknife would be your coarse-to-medium tool. I find my drawknives make very quick work of shaping spoons and handles.
Still Learning,
Allan Hill
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I agree with Allan. The plow plane is a more specialized tool. It is a great tool if you need to do what it does, but rasps and spokeshaves will be used more regularly. I have the Auriou rasps and the LV LA spokeshave, also great tools. I get more use out of my rasps than the spokeshave, but that is my style of woodworking. I more or less followed the
Schwarz recommendation on rasps. I think my big rasp is a little coarser at 9 grain. I have the 6" 15 grain modeler's rasp he mentions, but I got the
Gramercy rat tail rasp instead of the Auriou. I also have
Joel's saw maker's rasp which has come in handy for reaching spots a straight rasp can't get into. With your budget, you should be able to get a combination of rasps and the LV spokeshave. I think you'd be pleased with them.
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Your 51 is a dynamite tool. No need for a new spokeshave.
Later you could upgrade to a 151. That will give you all you can get from a spokeshave.
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I'll go against the opinion above and say plow plane. To me it is an essential/core tool. The shaping tools can be useful and are nice to have but are much further down the "need" list than a plow plane.
By the way, happy birthday,
John
"When I nod my head, hit it." - M. Howard.
"I think you should learn how to use hand tools before you even touch a power tool." - Sam Maloof
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I built a Maloof rocker which has a lot of rasp work and used the Dragon rasps (Stewart MacDonald sells them) and thought they were every bit as good as the auriou that I have at half the price. I do like the plow and if hand work is really your thing, you'll want a plow. However, a good Stanley 45 will work nicely and likely come with more blades.
I'm not offering much help. You've focused on two great options that actually have nice alternatives. If you are truly going to use the tool, then the plow is probably a better choice. It will hold its value a little better. Rasps will wear out eventually. If they will see limited use then I think they both hold their value very well.
just my 2 cents
pat