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2021 Garage Sale Thread

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LesserSon

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Not being coy. Just run down from a busy work week and haven’t done the ID look-ups on today’ loot. I think I have a chest cold - I really doubt the more serious alternative.
I didn’t know it was particularly scarce, just that I hadn’t seen one. That piece (actually about half the stuff in the photo) was at the little weekend flea at Weil Antiques parking lot, not Jake’s.
I wasn’t going to credit that flea, which often yields nothing, because I became irked at another vendor who’d gone AWOL, two tables down. There was a Craftsman crowntop carry box marked $20 (about 4x what I’d pay empty), with mostly junk in it, but also a Bonney Streamline long combo and a Bonney B-shield battery dbe. I stood there ten or fifteen minutes, looking around for the vendor to return, but no such luck. Finally decided the finish was too gone from the combo, and I already have an identical battery wrench.
 
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WNYflyer

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From a family run private estate sale in a mobile home park. They wanted stuff gooone. This whole lot came out to $60. Lots of polishing tools and supplies:
Well done Davefr, lots of nice stuff there for the money. Love the looks of the those back in the day receivers(y)
 

Outlawmws

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Davefr, the air just left the building.
For many of you, this past week! Dang!



Shoot! I got these all out of order! I''m still not dealing with the new quote system...

Lugz, I have a Wakefield also.
Are you being coy on purpose? The Wakefield DOE adjustable is not easy to find. The only two on the thread are mine and HeelSpur's, if I recall correctly.

GPW, the 237 is actually designed for Kero. It wil work with Coleman fuel but its best with Kero
Hit my first estate sale today, in several weeks. Turned out that it was for an acquaintance from our local college alumni group. The good news was that he posted it on his FB page earlier this week. He and his wife are downsizing and have moved.

Interesting mix of stuff for camping, wrenching, etc.

Plvmb 1135 DOE (had to buy a bundle of wrenches of no interest, to get the Plvmb)
Small ball pein hammer - 4oz(?) (no markings)
1923 dated set of Audels, 1-4
Coleman 237 single mantle lantern.
Coleman fuel
Lodge 3-notch skillet (pre-SK)
A bunch of brass, mostly for calibers I don't own, so will try to flip (338 Win Mag, 7mm Weatherby, 44 mag, 7mm-08, 458 Linebaugh, 45-70).
60s-70s vintage Scout uniform (for a District Commissioner) and assorted insignia
Assorted Army insignia
Tie for 4th of July

The Coleman will need some TLC to get running. Overview 2 (2).JPGWrenches.JPGColeman 237.JPGBSA Insignia.JPGAudels.JPG


Starting with Lugs and his "cold weather caps!" :lol: Not to mention the Winchester wrenches and hid new bike!
Quick trip (Lugz 2021_59) yielded a couple cold weather caps, a pair of Winchester "S" wrenches, and a pair of BERNARD tools I did not have in my collection.

20211001_083233.jpg
 

Outlawmws

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And yes I came home yesterday after AM hunt. Not enough rain, and too warm, so deer are NOT cooperating...


Small stuff today, no tools, more camping related:

An old headlamp missing the strap, but seems intact otherwise. A conversion to LED and I think a rechargeable Lithium battery pack will modernize it? The fishing pole holder is something from my past, My dad had a pair of these Zummy holders: the spike can be unscrewed and put inside. Very cool. this one seems unused. Dad's were beat to h&%% and gone.


YS1 headlight and Rod holder.jpg

And a metal spatula for the cast iron pans, the plastic don't work as well for that, and cant be used to scrape at the pan. (I'm still learning how to best use these...); Rip stop - well over a yard, I'l make something for camping with this. and an aluminum Film canister (a bunch of eye screws, inside but I wanted the can)

YS2 ripstop Spatula film can.jpg
 
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saukit

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May 29, 2021
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Davefr definitely ***** for that haul! I particularly like those binocs and the handle on the cap gun even though those aren't the expensive items.

I hit a few sales, they're starting to get few and far between and I'm not looking forward to a cold dark winter with no garage sales. So I'm trying to build up my list of projects so I have something tool related to do when I can't buy them. At least that's what I tell myself when I buy yet another box of dreck just for a couple of the pieces.

I drove quite a way to a couple of "picker" sales only to come up empty. Neither sale had a wrench to be found despite all of the boxes of junk in the garages. Then I went to a hoarder sale, but the good kind of hoarder. Auto parts and car hoarder:) When I priced out with the guys running the sale they expressed surprise that I found any tools at all. I had to dig but they were there. This stuff was $10.

The little Matco socket box has a lip on the back that you can hang on a toolbox, I have a feeling this will be handy. There's a Craftsman V 1/2" extension, Proto DBE, some weird Snap on gizmo (BT-11, brake tool? Haven't researched yet), unfortunately bent Plomb DBE, Plomb 5249 3/8" rat, Vlchek DOE, Williams combo, the sockets are Craftsman, SK, Snap on, Indestro, Herbrand. There was another little Plomb 7/16-3/8 DBE in there but I forgot to put it in the pic.

IMG_3386.jpg

Next sale was a garage sale, at first it didn't look very promising but then I walked around the corner and there were a couple tubs of tools for sale. I took one look in the first tub and saw a Snap on ratchet and a Plomb brand right off the bat so for $20 I just grabbed the whole tub. If I could do it again I would have picked through the tub for what I wanted as most of it was foreign, and it didn't turn out to be the score that I was hoping for. Oh well, $20 is still not too bad, this is the stuff I picked out and I gave the rest of the stuff away.

On the left are a big Thorsen DBE, P&C impact socket, and little Wizard combo. The Craftsman stuff is all pretty self explanatory, the Snap on ratchet is an F-70-M with what looks to be a '52 date mark (I could be way off on this), 3/8" Plomb WF extension, Billings and Penens combos, and a Champion plug master ratchet that is pretty worn out at the hinge.

IMG_3390.jpg


On the way to the sale above I had seen a sign that was pretty small, all I read was "Estate Sale". So I stopped on the side of the road and grabbed the address. I overheard the gal running the sale saying she only posted it on Facebook, so I was happy I had taken the time to stop and pull the address off the sign. I'm not on Facebook and would have never seen the sale.

They had a bunch of nice tools here, but they had literally looked everything up on eBay and priced accordingly. The price tag on a Nicholson file for example, read "$17 on eBay, $10". Most of the decent tools were priced that way so I didn't buy much. I did find a few things that I was willing to pay for as they had likely not known to look these ones up. I paid $10 for the Vlchek, Duro Chrome and the small plane and they threw the little combos in free. Anyone recognize the plane? It's marked "Made in USA on the heel and iron but no specific brand markings that I can see. Paint looks original to my uneducated eye.

IMG_3385.jpg
 
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bmwrd0

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Good to see you back, Outlaw.

I was supposed to spend the day with the wife, as our anniversary was yesterday, but she got a massive leg cramp and ended up taking a muscle relaxer... So, when she finally woke up, it was afternoon and not much was going on. The first three stops were duds, and the last two were nothing special, but here goes:
51569526982_2a8cbce4c3_c.jpg
Henkle's scissors, unmarked plane, Yankee #41 drill, and a set of felt furniture feet. $5

51571016384_88682e96aa_c.jpg
I went back to the so-so estate sale, and while there were selling everything for half, too many things were still too expensive. But I did pick up the vintage box of electrical staples and a four-drawer parts organizer, full of hardware. There were a couple of things that I might go back for tomorrow, as they are having a free-for-all after 12 and it will probably be a madhouse. But, a Coleman camping oven and a child's sewing machine from Germany will be up for grabs
 
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bmwrd0

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I hear you about Facebook, Saukit. I am not on it really 'cause I can't stand it, but I hear people all the time say they only put things on that. I don't get it, you are missing half the market that way.

Weird.
 

mikeinri

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Not sure if I've mentioned it before, and it probably doesn't matter to more than a few of us, but I also refuse to join FB. My wife is on there, so if I really, really want to buy something that's only available there, I go through her.

Helps cut down on random purchases that I'd probably regret later, LOL...

Mike
 

saukit

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Ha, I’d be lying if I said I don’t get FOMO when I hear about people scoring great deals on Marketplace! I can’t bring myself to join back up though, I was on it 10+ years ago and I realized that I don’t actually want to hear my extended family’s opinion on well, pretty much anything.
 

RTM

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Anyone recognize the plane? It's marked "Made in USA on the heel and iron but no specific brand markings that I can see. Paint looks original to my uneducated eye.

IMG_3385.jpg
Looks like a number of inexpensive hobby block planes. I don't have a great wi fi signal, but Ace and Great Neck and XActo had some of those features. Big slot head screw is rarely seen holding the cap down. and I can't make out details of the front castings from here.
 

saukit

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Looks like a number of inexpensive hobby block planes. I don't have a great wi fi signal, but Ace and Great Neck and XActo had some of those features. Big slot head screw is rarely seen holding the cap down. and I can't make out details of the front castings from here.
Thanks RTM, yeah it definitely does not seem expensive. It's fairly substantial weight wise but otherwise it's pretty cheap. I'll take a few more shots of it and post them on the Vintage board, pretty sure there was a plane thread in there somewhere.
 
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Levaughn

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These are some items I picked up yesterday at an impromptu Estate Sale for $6.

Craftsman "V" series 1/4 inch 5/16, 9/32, 7/32, 1/4 sockets
Craftsman # 300 screwdriver
Craftsman Battery Post & Clamp Cleaner
Sears Roebuck Craftsman Reversible Power Drill Speed Reducer
 

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Private Lugnutz

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I''m still not dealing with the new quote system
When they're all quoted, you get a chance to rearrange them by dragging them up and down, before the final step. Otherwise, they will appear in the order they were posted.
An old headlamp missing the strap, but seems intact otherwise. A conversion to LED and I think a rechargeable Lithium battery pack will modernize it?
I restored a 1943 "USN" model that looked just like that. Different maker, though. Thread here...

 
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Outlawmws

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Thanks lugs, I think I remember that thread.

There was a second one from a different maker, no mil markings, but I left it as the inside of the can was deeply battery corroded.
 

gpw_42

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GPW, the 237 is actually designed for Kero. It wil work with Coleman fuel but its best with Kero

Outlaw, thanks for the tip! I'm not familiar with kero-fired Colemans, so will do some reading on OCP before messing with it. Glad I didn't do anything rash yesterday.
 

saukit

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Ok, TLDR warning. I thought I could be succinct but apparently not. I've put the tool lists right above the pics.

Today was one of those days where I thought I'd be pretty well blanked, right down to the last sale which appeared closed when I drove by. I turned around and thought about leaving, then thought I might as well see if anyone was there. A gal walked up the driveway and let me know that the sale was still open but moved up to the porch. I took a quick look and it was all housewares, so I asked if all the tools had sold. She asked what sort of tools I was looking for and I said "old wrenches and sockets".

She says "Let me see if I can get into the shed in the back". Ok, that sounds promising. Turns out it was the tool shed. Big red stack right in the middle with a Mac sticker on it. Asked if I could rifle through it, and when given the go ahead the first thing I saw was 2 Snap on ratchets. I grabbed them and asked how much. "Oh, you can just have them".

At this point I should mention that I only had $23 in my pocket. I had kinda given up for the day and hadn't made a second attempt at cash after the first one yielded a dead ATM.

Here is where the conundrum begins, I knew I could get this stuff cheap but I was also a little disbelieving of the situation. I proposed that I pay $20 to pick whatever I wanted out of the tool box. No problem, turns out that this stuff is grandpa's or maybe more likely step-grandpa's, and she just viewed it as junk. After a few minutes of my initial sorting she left to deal with a lawnmower. So there I was, by myself, in an untouched shed full of tools. No price police in sight.

I made a high speed run through of the main stack and one other small box before I left primarily out of guilt. Pretty sure I could have hauled a whole lot more out of that shed but for whatever reason it didn't feel right. I high graded the top box, grabbed an obvious SK box out of the bottom drawers, and left. She didn't bat an eye at the stuff in the bag.

I've appreciated the feedback I've had here, and would also be thankful for any thoughts on this subject from the GJ faithful. When you have a chance to really clean someone out for a price that's a bit ridiculous, any reluctance to pull the trigger? I'm going back and forth from I should have grabbed more, to I should take some back! Not sure what I'll do next time, other than bring more cash. That I will do for sure!

Ok, sorry for blathering, here are the pics:

This is the SK Wayne box, turns out to be a 1/2 inch set, sockets are there from 1 1/4 down to 1/2 but all the rest is wrong. One more project but this box is awesome already. Pretty sure this is the first time I've seen Mustang, have not done any research on these at all.

IMG_3391.jpg

Here's the rest, back socket row is all Cornwell impacts, some metric in there. Below that is a rail with Snap on 3/8 impacts, couple wobblers, and a few other things. Snap on speeder, extension, L-710 rat, and another rat that I can't remember. Snap on brass hammer, misc torx/allen sockets, and some Whitworth sized sockets. On the right is a Thorsen 77 1/2", Craftsman breaker, Challenger spinner, and some random sockets. Damn wish I had kept digging!

IMG_3392.jpg
 

RTM

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This weekend was an event, and lots of chaos with dogs, neighbors’ dogs, traffic, so I wasn’t expecting to score any tools. We got stuck in a SigAlert on our way out of town, so a few planned stops in D42jeep’s (not Tahoe) neighborhood were skipped. On our way to the event, we passed the site of the Napa Valley Flea Market, one not known among my friends for quality tools. Went to our event, had a blast, returned to the hotel.

After realizing our hotel was in a wasteland for food, we started looking for breakfast food, and found a restaurant near the above FM, made that a plan. The next morning we packed up and left, ate a HUGE breakfast, and walked into the FM. The typical FM wares were present, cheap electronics, cheap clothes and food items, and a few booths of power tools. At the end of the first row I found a socket box, filled with VA Sawzall blades. Realized the box was decent, but missing one end, bought for future good luck. Kept cruising, grabbed some cheap phone charger cords, a MAC 16/18 ratcheting box wrench, and finally found some reasonable tools, just poured out on a tarp. (Many had similar spreads, just a box tossed on a tarp, little to no organization. As I wasnt planning to go, I didn’t have the usual clothes, gloves etc to really dig in to a pile of junk.). This stall, I saw what appeared to be a Proto wood handled screwdriver. Bummer, it’s a Plomb, guess I’ll take it. Decided to poke harder, found a Blue Point Reed and Prince stubby screwdriver, and a Bessey face clamp. Moving in deeper, I found what looked like a 151 spokeshave. Pulled it out, it was only a 51, but as I pulled it up, other tools were tangled with it. A Millers Falls #1 cigar shave suddenly appeared. One of my favorite shaves, so I held it up, and asked for a price for just that. He said he’d give me a great price for all of it. Showed him what I had, he said less than I was willing to go for just the cigar shave, and away I went. The total package included a Starrett pocket scribe (not in pic), #51 shave, unknown shave, unknown drawknife, Shelton Versatool ( I now have all three), Stanley 75 plane. Not a bad day for not expecting to score.

then we stopped at a succulent shop, and realized there was a trading post there, so poked around past average antiques, got told there was a man cave section in the back. Found a few interesting items, but nothing I needed. One little bundle was a set of 5 Indestro right angle screwdrivers 4771a, 4771-4.

In The left behind category, a Herbrand 1/4” speeder, with a bad case of Peyronies’ disease, at way higher price than I was willing to pay (no pic)
PXL_20211011_032656219-X3.jpg

PXL_20211011_020116455-X3.jpg

PXL_20211011_020121866-X3.jpg
 
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3jakes

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Ok, TLDR warning. I thought I could be succinct but apparently not. I've put the tool lists right above the pics.

Today was one of those days where I thought I'd be pretty well blanked, right down to the last sale which appeared closed when I drove by. I turned around and thought about leaving, then thought I might as well see if anyone was there. A gal walked up the driveway and let me know that the sale was still open but moved up to the porch. I took a quick look and it was all housewares, so I asked if all the tools had sold. She asked what sort of tools I was looking for and I said "old wrenches and sockets".

She says "Let me see if I can get into the shed in the back". Ok, that sounds promising. Turns out it was the tool shed. Big red stack right in the middle with a Mac sticker on it. Asked if I could rifle through it, and when given the go ahead the first thing I saw was 2 Snap on ratchets. I grabbed them and asked how much. "Oh, you can just have them".

At this point I should mention that I only had $23 in my pocket. I had kinda given up for the day and hadn't made a second attempt at cash after the first one yielded a dead ATM.

Here is where the conundrum begins, I knew I could get this stuff cheap but I was also a little disbelieving of the situation. I proposed that I pay $20 to pick whatever I wanted out of the tool box. No problem, turns out that this stuff is grandpa's or maybe more likely step-grandpa's, and she just viewed it as junk. After a few minutes of my initial sorting she left to deal with a lawnmower. So there I was, by myself, in an untouched shed full of tools. No price police in sight.

I made a high speed run through of the main stack and one other small box before I left primarily out of guilt. Pretty sure I could have hauled a whole lot more out of that shed but for whatever reason it didn't feel right. I high graded the top box, grabbed an obvious SK box out of the bottom drawers, and left. She didn't bat an eye at the stuff in the bag.

I've appreciated the feedback I've had here, and would also be thankful for any thoughts on this subject from the GJ faithful. When you have a chance to really clean someone out for a price that's a bit ridiculous, any reluctance to pull the trigger? I'm going back and forth from I should have grabbed more, to I should take some back! Not sure what I'll do next time, other than bring more cash. That I will do for sure!

Ok, sorry for blathering, here are the pics:

This is the SK Wayne box, turns out to be a 1/2 inch set, sockets are there from 1 1/4 down to 1/2 but all the rest is wrong. One more project but this box is awesome already. Pretty sure this is the first time I've seen Mustang, have not done any research on these at all.

IMG_3391.jpg

Here's the rest, back socket row is all Cornwell impacts, some metric in there. Below that is a rail with Snap on 3/8 impacts, couple wobblers, and a few other things. Snap on speeder, extension, L-710 rat, and another rat that I can't remember. Snap on brass hammer, misc torx/allen sockets, and some Whitworth sized sockets. On the right is a Thorsen 77 1/2", Craftsman breaker, Challenger spinner, and some random sockets. Damn wish I had kept digging!

IMG_3392.jpg
Ok, that is a you **** deal for sure.
As far as it being a "too good to be true" deal, I think you handled it ok.
If this is a situation with an elderly widow that asks "how much do you think this stuff is worth", I would respond with "If you are willing to advertise this stuff individually for sale, you will be able to get more money, but this $ amount is what I am willing to spend today.
I never leave home with just a couple bucks.
Even if I am going to buy out someone for a set amount, I always have more green just in case there is a "TOA".
 

txlonghorn1989

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Lugz Congrats on the bike! Definitely interested to hear more on the Cavalier Cycles.

NYBodyman I'd be excited as heck about the Norton sanding cabinet. Can we get a peek inside?

Davefr You **** on just the Baldor polisher at $60! Plus all those included goodies at basically free. Well done!
 

NYBODYMAN

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Didn't even know those were a thing! I could certainly use one or two of those. I've broken glass ones (poor storage practice, chucked into a bin with other tools).




Mad suckage right there! Was that orange shelf on top also part of the haul?

Mike
Nope. That was from the week before :cool: check out the post below.

 

Private Lugnutz

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When you have a chance to really clean someone out for a price that's a bit ridiculous, any reluctance to pull the trigger?
This subject - the morality of knowing the difference between price and value - comes up from time to time here and also down on the VB. It can be pronounced at times even at flea markets, though I imagine the dilemma could be more acute when you're in someone's house and you're dealing with the owners.

I don't think there's a right or wrong answer. It's personal, subjective, and situationally dependent.

In general, I almost never "come clean" about value with liquidators or 99.9% of the vendors the way the guys on American Pickers will do from time to time, even if they're mom and pops. If they don't know their merchandise, it's not my responsibility to help them!

I have exceptions.

I have a hard time "scoring" on veterans, little old ladies, and, on occasion, a working stiff who has obviously fell on hard times. It's very seldom. I won't pay full price. But if it's $7, I won't take change on a $10, muttering that they're " a little light on the price" or something like that, for example. What I will do quite frequently is inform them on the values of things on their table that I am NOT buying. "Sir, that is worth $100, not $1, and you should put that back in your car and sell it on eBay." It helps my conscience.

I also do the same with a few liquidators who know me very well. I will literally pick things up and hand it to them, identify it and its value and tell them, sotto voce, to put it away. Sure, I might be screwing the next guy, but the quid pro quo has gone a long way for me.
 

NYBODYMAN

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Lugz Congrats on the bike! Definitely interested to hear more on the Cavalier Cycles.

NYBodyman I'd be excited as heck about the Norton sanding cabinet. Can we get a peek inside?

Davefr You **** on just the Baldor polisher at $60! Plus all those included goodies at basically free. Well done!
Here it is. Looks like it was at a store since there's a price per sheet listed on the tape. Not sure what to do with this yet. My gut tells me to just sell it but I would love to restore it. I think it's beyond just a clean up especially with the yellow paint and overspray all over it. The painted on logos would be tough/likely expensive to duplicate. I am confused as to why there is a top that opens since this would be hanging on a wall. You would need a ladder just to get to it. Still cool nonetheless.
 

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LesserSon

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saukit
I’m with 3jakes & Lugz on the morality. Every situation is unique, and your uncertainty about this one proves that you have a working conscience. Go with that; no program, no authority figure, no fixed rule can take its place.

For myself, I do not believe that things have a set value. There is no such thing as the marketplace. There is no such thing as a fair price. Every single thing is worth exactly what two people agree upon in the exchange and then that value is obsolete. If a person puts Snap-on (for instance) out on the curb or even pays someone to haul it away, then it has a zero or negative value to them. If another takes it to the flea market and puts a retail price on it, then that is its value to them. They can keep it and eat it, because my money is worth more someplace else. I do not go to flea markets or sales to pay retail. Idiots who regard themselves as shrewd routinely run up transportation, storage and other overhead costs well beyond what they can recover from retail prices.
Is it possible to “profit” from someone else’s disadvantage? Is it possible to profit from anything else?
 

Fred Knox

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I came across a machinist sale this weekend. I decided to spring ($35) for mostly Starrett items:

BernzOmatic TS7000 trigger-start torch
Starrett No. 579C telescoping gage in original box
Starrett No. 579B telescoping gage in original box
Starrett No. 5 screw pitch gage in original box
Starrett No. 4 screw pitch gage in original box
Starrett No. S829E small hole gages in original box
Craftsman machinist No. 40442 rule depth gauge & protractor
Tumico 6" ruler
Aluminum setup block (6" x 2" x 1/2")
"Royal" 6" Wire Cutters (great grip) – need help in identifying
Helios machinist radius gauge set (1/32" - 1/2") in original pouch
And some cool playing cards – a deck of Brooks Flame-Spray with photos of all their work on various aircraft parts.
 

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bmwrd0

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As many here have pointed out, there is no right or wrong answer to the question of what is an appropriate price to pay for any given object. And its corollary; what is an appropriate method to achieve this price. And in the end, it comes down to you, and what you are OK within your own personal ethics.

As LS alluded to, the value of any given object is determined by a buyer and seller at a given point in time. Now, all of those things might change at any point, but there is only now. Hindsight is 20/20, and no one knows what the future might hold.

So, at the end of the day, do you feel that what you did was OK? No one else can answer that.
 

mikeinri

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MA
My favorite price is free. And, I'm too cheap to pay more than someone is asking. Beyond that...

In the situation described above, I'd have cleaned them out. No reason to feel "guilty" about it, they were obviously looking to clear that stuff out. For all you know, they just need the house cleaned out, and ANY amount of money is a bonus, vs. having to pay to get it hauled away. If they had time/interest in getting top dollar (or even fair market value), they would have sold it piecemeal on ebay.

Just my perspective. As others have noted, there's no right or wrong answer.

Mike
 

Fred Knox

Well-known member
Joined
Aug 28, 2018
Messages
334
Location
Nor Cal
Last weekend, I found a shallow, but wide assortment of wrenches, pliers, and sockets from:
Vlchek, Mossberg, Blackhawk, Crescent (Cee Tee), Snap-on, Barcalo-Buffalo, 1930’s Husky, Williams, Billings & Spencer, Channellock, "Long C" Craftsman, Plomb, Proto Los Angeles, Indestro, SK, Walworth, and Wilde Tool (evidently, the original owner did not like to purchase more than one tool at a time, and only if needed!), a Michelin Emergency Road Kit, a Miller Falls Co. No. 110 Miter Saw (purchased for a friend who collects miter saws), a Merit Tool jeweler anvil with pritchel chisel (& remnants of sticker), and an old J.J. Ryan Tool Work "Perfect Handle" Screwdriver
$40
 

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gearhead1960

ALLIANCE MEMBER
Joined
Mar 21, 2019
Messages
1,855
Location
Manassas, VA, a small blot in history
LS has stated the pricing thing perfectly. As a seller on fleabay, I sometimes price it as a Buy it Now, other times its a highest price (auction) gets the item. The point being, I'm willing to accept what a buyer is offering me or willing to pay me for the item. That is the value of that item at that time. Nothing more, nothing less. If I can't sell an item, then I must have the item priced too high or it just has no value in the marketplace and should and will be donated......
 

Private Lugnutz

Well-known member
Joined
Mar 30, 2012
Messages
30,606
Location
The Authentic Jersey Shore
As LS alluded to, the value of any given object is determined by a buyer and seller at a given point in time.
This is an interesting sub-topic within the topic. While I agree with the above, which honors the integrity of each exchange, I don't agree with those who say there is no such thing as a known value or "going rate" for collectibles, which dismisses the idea that there is no record of the value of the same tool in multiple exchanges over time, and that those exchanges don't exhibit any consistency. In an informed market, there certainly is an idea of value and there certainly are going rates. People buying, selling, and even trading brand X or Y or Z here or following Sold listings on eBay demonstrates that very well. That's why collectors like to buy in uninformed markets (sellers selling at less than going rates) and trade or sell in informed markets (buyers buying or trading at going rates or more).
 
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