I bought 3 of these 1-1/4" bits for my angle bit to drill wire holes in basement ceiling joists. They were an idea because of the short shank. I drilled 62 holes in the 2x12 pine floor joists. I bought 3 of these drill bits but ended up only using 1. Even after drilling the last hole, the drill remained as sharp as the first hole. Definitely worth the price.