I managed to snag a Wilesco M58 die grinder for my machine shop . These things seem to be pretty scarce , so I was pretty lucky to get this one . I removed the standard round Wilesco base and mounted it directly to the shop floor. It think it looks pretty good there. I think the only Wilesco tool I still don't have is the M93 friction driven spindle press. I am sure, given time , one will become available on Ebay . Whether I can afford it, is another matter !
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those are on the rare side, in 10+ years of collecting I've come across I think 2 of them, & not in as good of shape as yours is, congratulations.
I never heard of this model.
Very cool.