COBALT vs HSS Drill Bits
I'm in need of some information. I am finally willing to lay some money down for a set of good drill bits, but am incredibly suprised how close in price cobalt bits are when compared to HSS(high speed steel) bits. I understand that cobalt bits, with a rockwell hardness of over 64 or so are incredibly capable of drilling in all types of steel while staying sharp longer. To my knowledge cobalt bits are supposedly far superior to HSS bits.
However when pricing out bit sets, HSS bits seem to be priced just as high as cobalt bits.....what gives?
Any information is appreciated as I'm currently comparing MacTools bits, Cornwell Bits, and SNapOn's Thunderbits.