On Monday, May 9, 2016 at 1:29:53 PM UTC-5, Electric Comet wrote:
>=20
> also it is listed in tools and under antiques so he may find someone
> that would sell them in small batches over a period of years
> =20
> some antique buyers don't always take the same consideration as a
> tool buyer and will often pay more
That is the problem. It takes a capital investment to acquire the tools. =
Capital of $25,000. If I invested $25,000, I would require a decent return=
. 10-15-20-25% return over one year. If it takes 5 years, or 10 years to =
sell all the small batches, then the markup would have to be much, much lar=
ger than 10-25% in one year to equal the same return. If you require a 25%=
return in one year, then if it takes 10 years to sell the tools, you would=
have to have an average markup of 2.5 times over 10 years to equal the sam=
e return.
An antique buyer would probably know less about the tools than a tool buyer=
/user. But for the antique buyer/dealer, this is a business I assume. Buy=
ing and selling antiques to make money. He will have to take what I wrote =
above into consideration if he hopes to stay in business. So I don't think=
an antique buyer will pay more.
I'm doubtful he will get anywhere near that price. Guessing these were a w=
orking man's tools. They were bought years-decades-centuries ago to be use=
d. So they are all worn. Not pristine. And they were the same tools all =
the working men bought. I'd guess there are some rare tools in the collect=
ion that could fetch a few hundred dollars each. Most though are just comm=
on tools. Almost all the Stanley and Miller Falls planes were common back =
in the day. They had factories making as many as they could sell. Only a =
tiny few are rare and valuable today. Wood molding planes are common and e=
asy to find at the old tool meets.
At top retail price, there may be $25,000 of tools in the collection. But =
it would take a specialist retailer working for 10-15-20 years to sell all =
the tools at top retail price. Lot of work and time selling all these tool=
s off one at a time for top price. Lets say there are 1000 tools in the co=
llection. At $25,000 that is $25 per tool. Many of the Stanley planes cou=
ld bring that or a bit more. The 1/4. 1/2, 3/4 chisels? No, not $25 each.=
Molding planes generally sell for less than $25 too. They are pretty com=
mon. Braces and bits? Braces are also surprisingly common and easy to fin=
d. The slicks would easily bring $25 each.
On Sun, 8 May 2016 04:31:02 -0700 (PDT)
"[email protected]" <[email protected]> wrote:
> At top retail price, there may be $25,000 of tools in the
> collection. But it would take a specialist retailer working for
> 10-15-20 years to sell all the tools at top retail price. Lot of
> work and time selling all these tools off one at a time for top
> price. Lets say there are 1000 tools in the collection. At $25,000
> that is $25 per tool. Many of the Stanley planes could bring that or
> a bit more. The 1/4. 1/2, 3/4 chisels? No, not $25 each. Molding
> planes generally sell for less than $25 too. They are pretty
> common. Braces and bits? Braces are also surprisingly common and
> easy to find. The slicks would easily bring $25 each.
good points and i think it would definitely require some rough calcs
in person to arrive at a reasonable price
more pictures would have helped
also it is listed in tools and under antiques so he may find someone
that would sell them in small batches over a period of years
some antique buyers don't always take the same consideration as a
tool buyer and will often pay more
On Mon, 9 May 2016 11:53:16 -0700 (PDT)
"[email protected]" <[email protected]> wrote:
> An antique buyer would probably know less about the tools than a tool
> buyer/user. But for the antique buyer/dealer, this is a business I
> assume. Buying and selling antiques to make money. He will have to
> take what I wrote above into consideration if he hopes to stay in
> business. So I don't think an antique buyer will pay more.
i agree
an antique seller can sell them for more but i do not think the
antique seller will pay more
they will be mindful just as much a tool consumer when making an
offer on this lot
the antique consumer will often pay more because they buy for different
reasons then a tool consumer
i noticed that there were a pile of braces so either this is a tool
collector or it was a busy shop that has been in operation for years
if the latter there may be a lot more tools for sale
in any case they may just take the best offer that comes along
funny how things change when large amounts of cash appear