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Collecting Can Be Hazardous to Your Money

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Forum topic by BubbaIBA posted 06-12-2012 03:00 PM 1108 views 0 times favorited 7 replies Add to Favorites Watch
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BubbaIBA

383 posts in 1837 days


06-12-2012 03:00 PM

eBay had several Stanley #5s coming up to final time yesterday. Most of them looked good and were pre-type 16s with one type 9 and all had almost no bidding action showing, bids of $10 to $15 USDs with either 1 or 2 bids. Either I messed up someones party, or for sure they messed up mine. Of all the planes I wanted the type 9 to help complete my type 9 collection but all looked good so as time was running out on each I started bidding. I dropped out on each at $50 USD except the type 9, ended up at $76 USD for it….too much but it’s needed for my type 9 collection.

I ended up with another #5 that looks good except from the photos it looks like someone replaced the knob with a high knob. I believe the knob may be wrong for the type and it definitely did not match the tote. I expect that was why no one was bidding on it. Got it for $15 USD so I guess my unit cost for the day comes out to $45 USD plus shipping….high but…...love how you can rationalize anything :-).


7 replies so far

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poopiekat

4224 posts in 3194 days


#1 posted 06-12-2012 06:43 PM

Number #5’s? Oh Yeah??? wait ‘til you start to develop a taste for ‘45s and 55’s. It’s why I drive a 12 year old truck….

-- Einstein: "The intuitive mind is a sacred gift, and the rational mind is a faithful servant. We have created a society that honors the servant and has forgotten the gift." I'm Poopiekat!!

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BubbaIBA

383 posts in 1837 days


#2 posted 06-12-2012 09:03 PM

poopie,

Back in the early 80s to mid 90s I spent a lot of time in Maine, going back and forth between Rockland and Houston, TX. Some of the stops on my Maine trapline were Lie Nielsen, a GSD breeder, and my Old Hippy Tool Dealer in Waldo. One time through OHTD had a pristine 45 in the box with a full set of cutters for $45 USD, it is still setting on my plane shelf, a worthless hunk of metal but it sure is pretty. Every once in a while I’ll use it to cut a rabbit in some scrap wood….just because.

BTW, in some ways I miss the Maine runs because of all the old tools and the sweet GS puppies but it sure is nice not having a bag drag every few nights.

ken

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sikrap

1121 posts in 2819 days


#3 posted 06-13-2012 02:41 AM

If all you’re collecting is 5’s, you’re getting off cheap :))) I filled up the shelving unit that I had so I built a cabinet to store the few that were left over. That was 2 years ago and I now have planes in/on 2 cabinets, the shelving unit, 3 cupboards and my outfeed table. I keep the bench clear for rehab work ;)

@Bubba- The OHTD sounds cool. Is the store still around?

-- Dave, Colonie, NY

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CharlieM1958

16241 posts in 3678 days


#4 posted 06-13-2012 01:03 PM

It’s a sickness, but hey… it’s cheaper than collecting Italian sports cars.

-- Charlie M. "Woodworking - patience = firewood"

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poopiekat

4224 posts in 3194 days


#5 posted 06-13-2012 01:29 PM

Cool story, Ken!
wow.. a pristine 45 for $45! That’s just crazy! For sure there are abundant old planes to choose from out there, my favorite place to shop was the group shops in Arundel and Scarborough. A bit pricey for the tourists, but they always had some interesting stuff.

-- Einstein: "The intuitive mind is a sacred gift, and the rational mind is a faithful servant. We have created a society that honors the servant and has forgotten the gift." I'm Poopiekat!!

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BubbaIBA

383 posts in 1837 days


#6 posted 06-13-2012 03:43 PM

Dave,

The owner was older back in the 80s, I’ve done a google and find nothing so I expect the little store is no more. Shame, he had a great collection with fair prices. Many times I would be in Maine for weeks at a time and his shop was a daily stop, along with the cookie store on Camden Harbor. It was a great way to spend the day, stop at Camden Harbor for coffee and a cookie, then on to the GS dog breeder to play with the puppies (love puppy breath in the morning) and follow up with several hours digging through old wood working tools.

poopie,

The NE folks really have it good for collecting, out here in the SW, not so much….not as much rust but we haven’t been out here long enough to have a good tradition of wood working….course some of that could also be the lack of trees to work :-).

Charlie,

You forgot to mention young blondes which are the reason for the Italian sports cars. The cars are cheap.

View woodworker59's profile

woodworker59

560 posts in 1661 days


#7 posted 06-14-2012 03:18 AM

Must chime in on the collecting issue, Has anyone else ever noticed that as soon as you become interested in something the whole world gets the same idea….arrrgh… it dosen’t matter what it is.. I have and do collect, Guitars acoustic/ electric and electrics, hollowbodies and solids..knives.. lots and lots of knives… planes,, mostly Millers Falls, but some sweet Stanley Bailey types as well,, ratcheting screwdrivers…seems like all the collectors want them now as well.. eggbeater drills, used to be couldn’t give one away, now can’t afford to buy one…arrrrgh…. 48 -54 Ford pick-ups… hey any of you folks out in the western states got any of the old Fords laying around????? back here the winters eat them…. looking for a 48 with the flathead still in it.. thanks….
I do collect things, but I use what I collect, I play my guitars, I carry my knives and I use my tools… but I have to out bid some guy who wants to look at his fine collection as it hangs on the wall.. give me a break…Is a number 2 Stanley plane really worth the 3 to 5 hundred dollars they go for now… Don’t think so.. and the #55, most people wont even use one, but the collectors have made them untouchable for someone who would.. and what happens when they die…. some one in the family dumps the whole set to the first guy who offers them a wad of cash… NO I”M NOT UPSET…...

-- Papa@papaswoodworking.com

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