Just a $4 plane...

[bandit571]

That was found at a garage sale..
 
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"V" Line plane from the late 1950s...
Decided to clean it up, and see how it works...
 
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Took it apart, usual spider nest under the frog.   Bolts for the handles needed assisted with a pair of visegrips...threads needed cleaned up.  cleaned the rest of the bolts and the wheel..
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Set these aside.   Lever cap had a spot of rust on the underside, where it rested on the chipbreaker.   At least the iron was right-side up, instead of the usual chipbreaker sitting ON the bevel...
....Cleaned the inside of the base casting...had that gray paint on the flats the frog rested on.    I also sanded the face of the frog, and the seats on it...more paint. 
 
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Lateral lever was sticky. a drop of 3in1 oil, and move the lever back and forth, until it will inded move.   Wire wheel to clean some threads of rust and crud.   Then a drop of oil on the threads...

Part one,   stay tuned for Part 2..

[bandit571]

Part 2.   Having cleaned under the hood, time to work on the outsides..
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Sanded the sides clean.   Since this ain't a shooting plane, not worried about the mythical 90 degrees  side to sole thing..
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Looks a bit better?
  Speaking of the sole....It was already fairly flat...
 
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Beltsander and a mill file to get it looking like this....time to reassemble this thing..
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Right behind the mouth on this plane, there is a small ramp and a spot for the frog to rest on.   I made sure the frog was 90 degrees to the opening, and was flush with the ramp. 
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First test drive,,,showed the iron had a few small nicks in the edge....will cover that in ...
Part 3..stay tuned...

[bandit571]

Ok, I had two irons to sharpen up....one from a Millers Falls No. 14 ( a $1.35 Jack plane) and this "Solid Tool Steel" iron...

Careful grinding to redo the bevel....and get rid of a few nicks.   Backs were flattened, right on the side of the grinder's wheel.   BIG cup of water sitting right beside the grinder..

Once that was done, I set up a honing guide, at 25 degrees..
 
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Coarse stone, a 600 grit medium India stone, a 1000  grit wet or dry paper, then a 2000 grit one.....followed by  the leather strop.   Installed the irons to their chipbreakers...the No. 900 one needed polished.   Test drive #2
 
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On some Pine scrap.   How about a bit of Ash scrap, as well?
 
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Just a $4 plane.   May keep it around...

[blackhat]

Anything like that around here would have another zero in the price. It's old so it's got to be worth lots.

[Admiral]

That one was the MF version of the Stanley Handyman; and while the Handyman was way subpar, the MF version can be made quite usable, as you have shown.