CMan BE Pawnshop rescue

[kxxr]

I saved these beauties from the giant 5 for a dollar bin today in Bozeman Mt. I need to go back and find the rest. Great Fun!! I think they will clean up nice. They look unused.

 

[domain]

Great find!

 

[jabberwoki]

Show me the set!!!!!!!!!!!!

 

[Borrego]

At those prices, if there are any decent USA sockets in there, put together a few sets?

 

[sscustom]

nice find

 

[kxxr]

At those prices, if there are any decent USA sockets in there, put together a few sets?

The Craftsman ones were my favorites, but I did find some New Britain, None Better, SK, Walden, Wizard, Duro and Indestro in there also. I snag them when I can get a good price. Some places are better than others. Another shop I went to today wanted $2 each for anything American, non-negotiable.

 

[kxxr]

Show me the set!!!!!!!!!!!!

Those 5 were all I found today. But, I'll go back because I bet there are more of them buried in there. Someday I'll have a set to show you.

 

[stormking]

I always am amazed when you can have such a good time digging thru a greasy bin of tools. Before you know it you used up an hour or two, spent a couple of bucks and almost always think it was worth the time. Nice find

 

[softailgarage]

Niiiice find. they do look unused, alot better than mine.....can barely read the "craftsman" on 'em

 

[kxxr]

I always am amazed when you can have such a good time digging thru a greasy bin of tools. Before you know it you used up an hour or two, spent a couple of bucks and almost always think it was worth the time. Nice find

I know what you mean. It is a total escape for a little while. I just wish I could figure out a way to get to the bottom of those 5 gallon buckets. It's like fishing, you just know that the best ones are in that area just across the river that you can't get to. I have often wondered what a pawnshop would consider a reasonable offer for one of those bucket full of sockets. I would love to take one home! Some of those shops have been around for many decades and no one has seen the bottom of those buckets since the first year.

 

[smalltruck]

Offer them 20 bucks for your pick of the bucket. Or 30 for the whole thing bucket and all. Keep what you want and scrap the rest.

 

[Gpgtp]

Offer them 20 bucks for your pick of the bucket. Or 30 for the whole thing bucket and all. Keep what you want and scrap the rest.

Or pawn the scrap back!

 

[kxxr]

Offer them 20 bucks for your pick of the bucket. Or 30 for the whole thing bucket and all. Keep what you want and scrap the rest.

I don't think they would consider that a reasonable offer. After all, with the bucket just sitting there taking up space, they probably make more than $30 every month.
It is hard to estimate the weight of a full 5 gallon bucket of sockets but, as I recall from my railroad days, a keg of spikes (not sure of the volume of a spike keg, but pretty close to 5 gal, maybe slightly larger) weighed 200 pounds. So, lets say 200 pounds.
Even if the scrap yard only gave 30 cents a pound for them as scrap, the bucket would be worth about $60.
Another thing, which would be impossible to estimate with any accuracy, is the ratio of Taiwan sockets to American. Using the good old 80/20 rule, we could guess that 160 pounds of our bucket is Taiwan scrap at 30 cents per pound = $48 and 20%, or 40 pounds, makes up the American sockets. How many sockets in a pound? With the different sizes, it's hard to say, but lets pick 10 mixed size sockets to a pound. If that is a close estimate, then there are about 400 American sockets in there. At 5 sockets for a dollar (a bargain imo), they would be worth $80 .... So, based on those estimates, the bucket o' sockets is worth $128.
I think I would happily pay $128 for a full 5 gallon bucket of mixed sockets on the gamble that 20% of them are good ones.
Besides, I bet there are many days in the pawn shop where $128 is the difference between a good day and a total loss. 30 bucks? not so much, hell, you can't even get drunk on 30 bucks these days.

 

[Don 18]

..... hell, you can't even get drunk on 30 bucks these days.

$30? Thats like 4 cases of Pabst

Maybe just get a headache and have to pee alot

Nice score on the sockets BTW

 

[JeremyManning]

accidently knock it over and they offer to clean it up that's how you get to the bottom

 

[whelenfan]

very nice haul, keep us posted on the rest of that bucket!

 

[kxxr]

$30? Thats like 4 cases of Pabst

Maybe just get a headache and have to pee alot

Nice score on the sockets BTW

well yeah there's the Pabst route, here we have Animal beer (Schmidt) I guess I was thinking of going all out and going to the local watering hole.

 

[chevy_cowboy]

Or bring your own bucket to put the sockets off the top in, keep digging and moving sockets from one bucket to the other til ya hit the bottom.

 

[kxxr]

accidently knock it over and they offer to clean it up that's how you get to the bottom

ok, hadn't thought of that ..... but, how do you 'accidently' tip over a 200 pound bucket?? What a freaking mess that would be!

 

[Kirbot]

I don't think they would consider that a reasonable offer. After all, with the bucket just sitting there taking up space, they probably make more than $30 every month.
It is hard to estimate the weight of a full 5 gallon bucket of sockets but, as I recall from my railroad days, a keg of spikes (not sure of the volume of a spike keg, but pretty close to 5 gal, maybe slightly larger) weighed 200 pounds. So, lets say 200 pounds.
Even if the scrap yard only gave 30 cents a pound for them as scrap, the bucket would be worth about $60.
Another thing, which would be impossible to estimate with any accuracy, is the ratio of Taiwan sockets to American. Using the good old 80/20 rule, we could guess that 160 pounds of our bucket is Taiwan scrap at 30 cents per pound = $48 and 20%, or 40 pounds, makes up the American sockets. How many sockets in a pound? With the different sizes, it's hard to say, but lets pick 10 mixed size sockets to a pound. If that is a close estimate, then there are about 400 American sockets in there. At 5 sockets for a dollar (a bargain imo), they would be worth $80 .... So, based on those estimates, the bucket o' sockets is worth $128.
I think I would happily pay $128 for a full 5 gallon bucket of mixed sockets on the gamble that 20% of them are good ones.
Besides, I bet there are many days in the pawn shop where $128 is the difference between a good day and a total loss. 30 bucks? not so much, hell, you can't even get drunk on 30 bucks these days.

I've never got more than 11 cents a pound for scrap steel....
If I saw a bucket like that at one of the auctions I go to, I would expect to pay between $20-$40

 

[kxxr]

I've never got more than 11 cents a pound for scrap steel....
If I saw a bucket like that at one of the auctions I go to, I would expect to pay between $20-$40

That would be awesome. I'll start my negotiations at $20 then. Pawnshops are kind of a different ballgame than auctions though. Like I said, they probably draw a steady $30 per month off of just that one bucket.
I have no real idea what sockets could be scrapped for. I just thought maybe a little higher since it could be considered 'tool' steel. Probably not though ...
The published range for scrap tool steel is in fact 0.259 - 3.55 depending on grade (M42 to H13, whatever that means) And, that is based on "clean uniform solids in minimum 3000 pound lots. That's how we all have our scrap steel, 3000 pound bricks, right?
http://www.metalprices.com/FreeSite/metals/alloys/TSscrap.asp
11 cents is probably exactly right.

 

[Kirbot]

That would be awesome. I'll start my negotiations at $20 then. Pawnshops are kind of a different ballgame than auctions though. Like I said, they probably draw a steady $30 per month off of just that one bucket.
I have no real idea what sockets could be scrapped for. I just thought maybe a little higher since it could be considered 'tool' steel. Probably not though ...
The published range for scrap tool steel is in fact 0.259 - 3.55 depending on grade (M42 to H13, whatever that means) And, that is based on "clean uniform solids in minimum 3000 pound lots. That's how we all have our scrap steel, 3000 pound bricks, right?
http://www.metalprices.com/FreeSite/metals/alloys/TSscrap.asp
11 cents is probably exactly right.

I don't know how busy this pawn shop is, but that would mean they are moving 150 sockets per month, just out of this one bucket.
My guess is they aren't selling anywhere near that many.

And you could be right about getting more for them in scrap than regular light iron, but with the chrome plating and any rust thats on them, I would just expect to get the same price. Could also depend on what scrapyard you go to.

Go ahead and offer them 20 or 25, and see where it goes.

 

[kxxr]

I don't know how busy this pawn shop is, but that would mean they are moving 150 sockets per month, just out of this one bucket.
My guess is they aren't selling anywhere near that many.

And you could be right about getting more for them in scrap than regular light iron, but with the chrome plating and any rust thats on them, I would just expect to get the same price. Could also depend on what scrapyard you go to.

Go ahead and offer them 20 or 25, and see where it goes.

The 5 for a dollar place was out of town in Bozeman Mt. My local shops in Great Falls charge more. I'll see what they say and post it here when I do.

 

[Kirbot]

The 5 for a dollar place was out of town in Bozeman Mt. My local shops in Great Falls charge more. I'll see what they say and post it here when I do.

Oh, right, I missed that part.

Still.... Worth a try