Hey Guys,
On the subject of bolt grades to use as shear pins. My brother is a Lead Millright and has managed to keep several sawmills running for years. His advice to me was to either use a Grade 2 bolt or to use a Grade 8 bolt but to never use a Grade 5 as a shear pin.
As we know Grade 2 bolts are soft and will shear fairly easily. The Grade 8 bolts are hard and are actually brittle so when they are subjected to impact they shear off as well. He said that the Grade 5 are hard enough to not want to shear easily, and not brittle like the Grade 8 bolts.