Millers Falls No.2 Eggbeater Drill Type Study
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Type L3
New February 28, 2007

Ralph Stumpe found this unusually slim-handled No.2 Millers Falls drill and generously sent me pictures of it to publish here.  There are about equal chances that (a) it was made this way by Millers Falls (see the early No.1 eggbeater drills) or (b) that it was refinished.  I vote for the former provenance, as it's really unnecessary to remove so much wood to smooth out a worn handle.  I started with a pile of splinters for my Type G example of the No.2 drill, and smoothing out the epoxy used to reassemble that handle barely changed its profile at all.

The No.2's handles did not hold up to the greater forces involved when twist drill bits came onto the scene.  This drill has a tubular brass ferrule which wasn't heavily cold worked like the later deep-drawn ferrules, all of which cracked from exposure to corrosion (that's called season cracking, by the way).  This drill's handle looks wobbly because there's so little wood inside that ferrule.  The later drills' handles mostly became wobbly because of their cracked ferrules.  The No.1 eggbeater drills, with their smaller chuck capacities, never had these problems.
T Ralph Stumpe's Millers Falls No.2 Type L3 drill's front side

Solid handle - back side
Type L3 slim handle

Here's the last stage of the Type L model of the No.2 drill. 
The hollow main handle has been lengthened to accommodate those newfangled twist drill bits, but this one is much slimmer at the waist than that of the Type L2.

This one is contemporaneous to the Type L2 because the crank handle is held on with a one piece shaft as shown below:

Crank handle, just like Type L2