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The moulding cutters and mount are a two cutter moulding set for a table saw. The newer versions use a three cutter mount for a smoother cut and better balance with a more substantial mounting disc. the cutters should be slotted on the flat side to help provide a more substantial and secure mounting and the assembled unit goes on the arbor with the cutters on the leading edge in the direction of rotation.
I use narural Arkansaw oil stones. I f I have to grind a new edgem I use 120 grit emery cloth on a granite plate, To sharpen a new edge I start with the soft Arkansawm then the hard Arkansaw then hone with a Black Arkansaw and then either hone on a translucent Arkansaw or strop. THe bench stones at 3×8 inches are a little expensivem but one on them was my gradfathers and from the little wear, I expect my grandsons will be still using them when I am long gone.
They give me the best edge on my A2 steel chisels, after trying just about everything else. I also use the Black Arkansaw to touch up the edge on my strait razor every few months, Now I just need to finish up a box to hold all of my pocket stones together,
I just bought a Stanley 45 on ebay. I was the only bider and got it for $32 plus shipping. It only has one cutter, but if I can’t buy a set on ebay next week I will just make a set. I have a small machine shop setup with heat treat oven, so its no big deal. I will post pics when it gets here.