Reply by Don W

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

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Don W

18754 posts in 2592 days

#1 posted 11-03-2012 02:26 PM

Sandra, you echo what my wife says. But I have a different perspective. Many of my purchases I look at from an investment point of view. To many, that may be over thinking it, but if I can buy a tool at a low price, clean it up, enjoy it, and also make it part of a retirement plan or a way to sustain my family after I’m gone, why not?

Its really no different than a hobbiest stock broker, except stocks are easier to determine value and sell. So why don’t I just buy stocks, well, I can’t enjoy them now, and I’m not a very good stock broker, but I do know tools.

I’m not talking about the Stanley chisel I bought at Home Depot last week. I’m talking about the Stanley #1 I picked up at a flea market and is easily worth double or maybe even triple the $300 I paid for it.

-- - Collecting is an investment in the past, and the future.

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