Bit (DMS73-1060) 18 Ship Auger is good for the price you pay for it but not very high quality. There were chips in the coil from the packaging, nothing that would affect the functionality of the chip ejector, but that doesn't bode well for the quality of the steel, or the manufacturing process, or both. The cutting edge was a bit sharp when given a rough cut (I have high standards here) and will obviously dull with use. But since I didn't want to pay $80-$200 for a good one, this is a goodβ¦