Reply by Grumpymike

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

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2232 posts in 2279 days

#1 posted 11-05-2012 06:47 PM

My wife and I have discussed this very thing, and as she is a retired bookkeeper, we did the spreadsheet thing listing the purchase price, market value, and a used price. Now she can use this as a guide and accept any reasonable offer.
As an example, I bought an advertised used table saw for $150 some 10 years ago; a fair price at the time. However, these saws are currently selling for $300 – $500 on the used market. That is why the three priceings.
Drill bits and screwdrivers are worth whatever you can get for them a buck a batch maybe, but good 14” band saw is worth about 1/2 to 3/4 of the new price at best.
You never know what C/L will bring … last may we listed a snow blower for best offer … the first guy there offered $50 more than we paid retail 2 years previous … My wife (bless her heart) told him that his bid was to high and he came down to the retail price.
Selling used tools is a crap shoot, and if you have collector tools like the Stanley #1 … you’d better let the wife know what it’s true value is … not an inflated pie in the sky price.
If you don’t have a list, it’s worth what ever the surivor can get for it with no regrets.

-- Grumpy old guy, and lookin' good Doin' it. ... Surprise Az.

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