That lens was made by Spencer Lens Co., who manufactured microscopes and accessories from 1895 to 1935 when they were bought by American Optical Co. and became AO's scientific instrument division. Microscopes with the AO-Spencer logo were manufactured into the 1980s. Steve Neeley's AO-Spencer microscope website has some old Spencer catalogs, and this lens shows up in the 1924 catalog:
http://webmight.com/~psneeley/downloads/1924Cat.zip
After downloading the file, unzip it and the catalog pages are on individual .jpg files. The 'pictorial' lens is on page 117. This appears to be the only photographic lens they were making during that period, and I don't think they were ever big in photographic lenses. I have a couple of Spencer microscopes from that period, and the optics are pretty decent. The lens in the catalog has an iris diaphragm, and the catalog states it can be made sharp enough to compare to standard landscape lenses by stopping down to f12 or smaller. The lens on Ebay doesn't seem to be quite all there. I would avoid it, unless it was selling for less than $50, which it isn't.
If you're looking at old lenses on Ebay, there's a 12" Turner Reich Triple up right now with the current bid at $9.99. Item number 130681874682. It appears to be an early one in an ancient volute shutter, and the glass appears to be OK. The shutter appears to be intact, but the seller doesn't mention and probably doens't know if it works. Front and rear cells are present, but the seller only mentions the focal lengths of the front cell, at 12" and 28". 12" would be the combined focal length. The rear cell is probably 21". The seller only has 6 feedbacks. Normally this would make me cautious, but he recently sold, shipped and delivered a $75 item, and appears to be trying to get established as a seller. Since he has few feedbacks, the lens will probably go for less than 100 dollars, but of course these things are hard to predict. I would be tempted to bid on it if I didn't already have one in a Betax shutter that looks and works almost like new.
I agree. Igor's Camera has a 12" f6.3 Ilex Paragon for sale for $95. He lists it as 'EX+', but also 'as is'. Might be worth an email to see how good/bad the glass is and how many of the shutter speeds are working.
You can also do landscapes with your 9-1/2" Wolly. It may not cover into the corners, but there's no rule that says you have to make a full size 8X10 print from the negative. You can make a smaller print, say whole plate size or 6-1/2" X 8-1/2" by making a mask for you printing frame, or you could put an oval mask in front of an 8X10 print. Lots of possibilities.
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