Reply by Tedstor

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Posted on Old Craftsman vise-Does your wife know what your tools are worth?

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1662 posts in 2751 days

#1 posted 11-03-2012 07:16 AM

I’ve dealt directly and/or closely with a few family estates recently. Our chosen objective was to sell everything as quickly as possible. Life insurance, real estate, and equities are the where the focus needs to be. Physical goods are actually a bit of a nuisance in the grand scheme of things. Any way you slice it, you’re only going to get 10-15% of an item’s retail value (on average) when you sell off the contents of a home. Rummage sales don’t attract big spenders. LOL.

To be honest, $10 for a vise like that is fairly appropriate at a yard sale. Pricing it at $40-50 might prevent it from selling, and then you’re stuck withi it.

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