

Ships same day if ordered by 12 pm
Manufacturer pricing rules prevent us from advertising our discount — no account or email required to see it.
Secure Payments
Easy Returns
Expert Advice
Fast Shipping
The VALUE COLLECTION 01198340 is a cobalt jobber-length drill bit in wire gauge size No. 34, equal to 0.111 inches in decimal diameter. Built for heavy-duty drilling, it features a 135-degree split point that self-centers on contact and reduces the need for a center punch. The two-flute regular spiral design clears chips efficiently during cuts. With an overall length of 2.625 inches and a flute length of 1.5 inches, this bit suits production drilling, maintenance work, and fabrication tasks. The straw finish indicates heat treatment consistent with cobalt-grade tooling. Machinists, tool-and-die techs, and maintenance mechanics working with harder materials typically specify this bit.
The 01198340 is engineered for drilling stainless steel and other hardened materials where high-speed steel bits lose their edge too quickly. The 135-degree split point geometry reduces thrust force and walking on hard, work-hardening alloys. The straight cylindrical shank measures 0.111 inches in diameter, fitting standard keyless or keyed drill chucks without an adapter. This bit is appropriate for use in drill presses, hand drills, and CNC tooling setups where a No. 34 wire-gauge diameter is specified. The right-hand cutting direction is standard for conventional clockwise-rotating spindles.
Designed as a heavy-duty replacement or production-stock jobber drill for any application requiring a No. 34 wire-gauge diameter hole in stainless steel or hardened materials. Fits any standard drill chuck accepting a 0.111-inch straight shank.
Install and remove drill bits only with the spindle fully stopped and power locked out. Secure the shank fully into the chuck jaws and tighten all jaws evenly to prevent runout. When drilling stainless steel or work-hardening alloys, maintain consistent feed pressure — dwelling without advancing accelerates work hardening and dulls the cutting edge. Apply an appropriate cutting fluid externally to manage heat, since this bit does not support coolant-through delivery.
We pulled together the parts most installs need for this unit, plus a few add-ons worth a look. Check what you need — nothing here blocks checkout.
Add install kit to cart
—
Thanks for subscribing!
This email has been registered!