I bought this to rivet the Masterlink to my Ducati chain. I can't comment on how or if this tool breaks the old chain, but I can comment on how it breaks when trying to install a new one. The pins you use to push the rivet apart are literally glued into the socket. They break at the slightest pressure. I tried all 3 pin sizes and broke them all but my masterlink was still not fixed. Spend a little more for a better set. I ended up buying another one for $10 which worked great.
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