Joined: Jan 2008
Posts: 23,645
Likes: 1,109
From: Mans of NC & SW UT Desert
Bikes: 86 Katakura Silk, 87 Prologue X2, 88 Cimarron LE, 1975 Sekai 4000 Professional, 73 Paramount, plus more
Lock ring wrench, pin spanner, and fixed cup tool. I like the Sugino tool set, long out of production, but it came with everything you need. Unfortunately, the Sugino set has gotten expensive lately. Hozan lock ring wrench is superb, but if this is a one time job, even an adjustable wrench will work.
Park sells a fixed cup wrench with a pin spanner on one end. Any bike shop will have one. (HCW-4).
The question on the cost of tools is how often do you plan to use them? If you are going to routinely do this kind of work, then getting good tools is a worthwhile investment. If it is a one time job, then head to the nearest co-op and use their tools. I love tools, so any reason/excuse to get some nice ones is reason enough for me.
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Please don't confuse ebay "asking" prices with "selling" prices. Many sellers never get their ask price. some are far from it. Value is determined once an item actually SELLS. Its easy enough to check SOLD prices.