Drill Press Craigslist purchase, Why?

[tedsters]

wanted to go pick up a drill press it does not matter what it was or is, but it was rare the guy wanted a price that i thought was just a little steep so i made him an offer on it and he said do you know there are drill press clubs these guys thrive on this stuff he said i have learnt this is a very rare DP and that it is worth more then what i am asking so i am gonna stay where i am on the price, why would someone want to tell the guy he has a drill worth a lot more then he is asking and have no intentions of even going to look at it, What the heck is the deal i had the same thing happen to me with a large vise
someone told him on the ph it was rare and worth more then he was asking,
I just don't understand people today whats up with that anyway

 

[hangfirew8]

Same old story, if it's their's, it's platinum, if it's yours, it's junk. Try to weed them out before wasting your time on a visit, usually just a quick talk on the phone and you can identify the dreamers.

 

[zkling]

Was probably a member on here.

Got a link to the ad?

 

[panknuckshovel]

WTF is a drill press club? Do they get together and put holes in shot?

 

[gungatim]

......................... Those represent holes that could have been drilled on that rare drillpress. Or maybe they are your missing periods. (Just kiddin'!)

I feel your pain, when I go to the flea market and try to buy a tool some guy has marked $10 and I offer $8 and get the same story, I just shake my head and walk away... the best price is usually the one standing in front of you with cash, but some people aren't acquainted with logic.

 

[TheVintonZoo]

There is an ad on the local CL for a walker turner drill press. The highlights are that the seller "knows what it is" and is will to "share at this price." The reader is advised that it "won't last at this price" though it has been for sale for months and has dropped nearly 30%. . . .

 

[NY_treeguy]

wanted to go pick up a drill press it does not matter what it was or is, but it was rare the guy wanted a price that i thought was just a little steep so i made him an offer on it and he said do you know there are drill press clubs these guys thrive on this stuff he said i have learnt this is a very rare DP and that it is worth more then what i am asking so i am gonna stay where i am on the price, why would someone want to tell the guy he has a drill worth a lot more then he is asking and have no intentions of even going to look at it, What the heck is the deal i had the same thing happen to me with a large vise
someone told him on the ph it was rare and worth more then he was asking,
I just don't understand people today whats up with that anyway

Guy around here has the "rare" WT Drill press too. Been asking way too much on CL for the last year.

Love your run on and on sentence too.

 

[t4runner]

He tells you what it's "really worth" to show what a sweetheart he is for selling it to you at a great price. By the way I have a bridge for sale....

 

[1950mercury]

What kind of drill press was it and how much was he asking. What most have replied with is usually true. But there are also a lot of cheap asses that want everything for nothing..to many people watching American pickers and shows like it thinking they are going to get **** for 50 cents on the dollar.

I had some rust free complete 51 ford convertible doors on cl for 250.00 and when the guy came to look at them ge said. "So is this going to be like American pickers and I offer you 75.00" I said sure if you want to piss me off and tell you to leave..they are 250 bucks take em or leave them

 

[nine4gmc]

Guy could have just googled the model number and saw this site full of crazy people(me included). That's how I found this place, researching a machine or vise(can't remember) that I was interested in.

 

[tedsters]

Was probably a member on here.

Got a link to the ad?

zkling i think your right, the same thing happened to me with a vise, and it was a member kind of ticked me off when i was trying to buy it.
I do have a link but i am not posting it yet i am still gonna try to get it i am waiting for more pics to come.

Guy could have just googled the model number and saw this site full of crazy people(me included). That's how I found this place, researching a machine or vise(can't remember) that I was interested in.

nines he didn't google it he learnt what he told me from people calling him then he looked, still trying to figure out why someone would do that ya know what i mean

 

[Dr.JohnnyFever]

snip

Are you pregnant?

 

[Man Cave]

Was post #1 meant to be a run on sentence intentionally ?

 

[tedsters]

Was probably a member on here.

Got a link to the ad?

zkling

http://detroit.craigslist.org/mcb/tls/4936927936.html

heres the link the wants more for it now then he did earlier for the Craftsman Drill Press

 

[bczygan]

Was post #1 meant to be a run on sentence intentionally ?

It's just the way Ted talks...

 

[Trey T]

LoL... I had to read your post in one breath.

OP: you're not tell the whole story, not even the meat of the story. What's this drill press you're talking about? Did he asked for $500 and you offered $50? If I cannot figure out what you're ranting about, neither will the members here.

 

[tedsters]

LoL... I had to read your post in one breath.

OP: you're not tell the whole story, not even the meat of the story. What's this drill press you're talking about? Did he asked for $500 and you offered $50? If I cannot figure out what you're ranting about, neither will the members here.

it don't matter what the drill press was, and i told the story just like it was theres a link two post before yours i offered him a fair price he did want $400 now its $450 READ THE POST what i said you should be able to pick up on it fairly easy

 

[Model A Fan]

Did he take his photos with an iPotato?

The presses look nice, but not really what I'd expect to pay off Craigslist and not what I'd pay and feel I got a deal. Maybe $100-$150 less than his asking price given the venue of purchase.

 

[rsanter]

I love it when someone describes a piece of equipment as ' rare'. They mean it as a good thing, a value adder. In reality it is a bad thing and means that it should sell for a lot less.
If it is rare, that generally means that is was not very good when new as nobody bought them.
If it is rare then you are going to have one hell of a time finding replacement parts for it.

What they should say is that this is a very popular drill press....

Bob

 

[ShadowRuleZ]

I saw that last night, at least the guy finally put a price on it. Reminds me of the anvil a few months ago. Guy is probably going to have it for a while at 450.

 

[Trey T]

it don't matter what the drill press was, and i told the story just like it was theres a link two post before yours i offered him a fair price he did want $400 now its $450 READ THE POST what i said you should be able to pick up on it fairly easy

My post was posted about the same time you last posted (<1min) but I still don't know what you offered the guy. Again, it makes a big difference if we know the number you offered. If we don't know the "fair price" number, it's all relative. The reason why I ask for the number because negotiating is not about throwing a number out there, it's about defining the value of the item in the current market in various ways.

I recently sold my Porsche, and people would call me up to offer me a price signiticantly lower (>20%) than my asking price, while the price I listed is at blue book value and less than its competition. I'm fine with that, but I turned around and asked "Do you think your offer is a fair pricing and can you justify your offer?" Of course they can't justify bc they haven't looked at it and have no reason to. Two weeks later, I sold the Porsche for asking price. For your drill press, it's probably the same situation.

Another example, I've been following Wilton bullet vise a lot in the last year or so. I learned that a used unrestored bullet (300, 400, or 450) will cost about $200 while a restored bullet can be sold for over $400 on ebay. Ask Balane or Autopt.

Keep in mind that the price for classic stationary tools has gone up a lot, because of the information on internet like this forum. From the ad, it appears that the guy runs manual machines which makes me believe that he knows about USA made machines. Keep in mind that a modern drill press with similar specs will cost you about $500.

Base on the CL listing, although the blurry pics can fool me, that drill press seems to be in a very good condition. Is it worth $450 or $400? Probably in my area (Houston, TX) because those only show up once in a blue moon around here and when it does, people are asking $150-$200 and it's in less-than-decent condition and people ****** it up quick.

It's hard to get a feel of the classic drill press in the area until you let them pass by once or twice. If you like it a lot, go check it out and negotiate.

 

[geologist]

People and anvils are purely moronic lately. I went to look at a Peter Wright, only to have the lady tell me she wanted $1200 for a 134 pound anvil. The markings only showed "Peter Wright" very lightly and the weight markings with part of "wrought" still visible. She was convinced by her dope head sub-hipster son that the anvil was owned by Peter Wright himself and was thus incredibly valuable.

 

[goforride57]

Forget the drill press. I want info on this "drill press club".

I'll have whatever he's drinking and/or smoking.

 

[scw1991]

I restored vintage woodworking machinery for 10 years and owned about half dozen of those Delta/Rockwell wood cutting band saws (vintage 1930's through 1960's) and market price is about $100-$150 if it's not beat up, has the original motor, and includes a belt guard. The one pictured in this Craigslist ad has been bastardized by adding some sort of pulley speed reduction system, does not appear to have an original Delta motor (if it has a motor at all), and has no belt guard. It's worth about $75 only because it has the OEM steel flared leg stand.

That small 14"-15" Craftsman drill press has a market value of about $100-$150 as well on a good day if it's all original but it's got a Delta/Rockwell motor on it that's missing the peckerhead with some okie-rigged on/off switch box. The larger solid surface table full of smiley face holes in it below the OEM slotted table is not Craftsman. It's nothing more than a bastardized drill press worth about $75.

The small 14"-15" Atlas drill press appears to be in the best shape and perhaps all original. As it has the larger table, it could probably fetch $150-$200.

If this guy isn't going to budge much on price, he'll be stuck with these machines for quite a while unless there is one hell of a sucker that comes along.

 

[1950mercury]

That craftman drill press has the center pulley which is kinda hard to find. I've seen them sell for almost 200 buy themselves..IS offer him 50 bucks less than what he is asking and feel I got an ok price. If your drilling metal you need/want that 3rd pully

 

[tedsters]

Forget the drill press. I want info on this "drill press club".

I'll have whatever he's drinking and/or smoking.

this is probably your drill press club right here, or diesel punk

 

[Fretters]

Anvils are worth scrap. Nothing more.
Vises are worth scrap nothing more.

You're having a laugh matey, if you actually think that's true.

 

[slip knot]

His prices seem a bit high to me. I usually dont counter offer much under 10-15% of asking price. When someones asking twice what the items worth I wont even bother with it. If the price is close to what I think its worth then I'll go look.

I did help a lady sell a tractor on Ebay a while back. She had a Worthington chief listed as a homemade tractor and it wasn't getting any bids at $300 or so. After I contacted her and she put it back up as a Worthington it sold for $1500. I would much rather someone who knows what it is get it versus some idiot that scraps it out.

And the wife wouldn't let me go to Oklahoma to pick up another tractor

 

[Fretters]

I actually think that is true.
A sight premium if you have a legitimate use for a specific anvil.
Average anvil is worth scrap.
Average vise is worth no more.
There are enough surplus used ones to make them scrap prices.
Except for a 'pretty' factor there is no reason to pay a premium for a bullet or an average anvil.

I can understand the premium point, and as you allude to, the Bullet's are a prime example of something sometimes making more than it's technically worth, but a piece of crafted steel or iron is worth more than scrap weight which ever way you look at it, if the piece is in reasonably sound or better condition. That's not to say that the odd bargain isn't to be had, however.

End of the day, even if someone has no specific need for something, (your anvil scenario), that doesn't mean they don't or shouldn't value something. The scrap price thing is the same as when people say that something like a vice is worth a $1 per lb maximum. There's no way to work to that type of rule in reality. Any piece is worth what each person decides they're willing to pay. There's no way to realistically say that anything is otherwise with regards to worth.

There's a difference between being prudent/frugal and simply somewhat unrealistic. It's merely a case of finding ones own sweet spot with prices.

 

[Trey T]

I actually think that is true.
A sight premium if you have a legitimate use for a specific anvil.
Average anvil is worth scrap.
Average vise is worth no more.
There are enough surplus used ones to make them scrap prices.
Except for a 'pretty' factor there is no reason to pay a premium for a bullet or an average anvil.

What do you mean of an "average" vise? If a wilton bench vise bullet style you're talking about, then it's no average vise. The bullet vise (i.e. 400S) significantly different than a Parker (i.e. 204), even though they're equally coveted by many members here.

Based on the engineering design, the wilton bullet dynamic jaw will always travel in a straight line, or parallel on its axis, because the nut is located at the center at the end of the vise body like a "bullet". Parker and its derivatives are different because the nut is dove-tailed into the body standing upright; its dynamic jaw travel is conceptually not as parallel as the wilton bullet.

There are many great features of Wilton to list but a Wilton bullet is actually a really good design, a very efficient design. I learned a lot recently about the bullet design and it's best of its kind, IMO. If you believe every anvil or vise out there is the same, I think you need to study up on it because I was like you when I joined.

 

[exmaxima1]

I restored vintage woodworking machinery for 10 years and owned about half dozen of those Delta/Rockwell wood cutting band saws (vintage 1930's through 1960's) and market price is about $100-$150 if it's not beat up, has the original motor, and includes a belt guard. The one pictured in this Craigslist ad has been bastardized by adding some sort of pulley speed reduction system, does not appear to have an original Delta motor (if it has a motor at all), and has no belt guard. It's worth about $75 only because it has the OEM steel flared leg stand.

I think $75 is way too low for that Delta bandsaw, at least in the Midwest. If it's working ok, $150-200 would be more likely. I've paid $75 for the saw alone w/o motor or stand, and felt it was a fair deal. You can part one out for 4x that amount.

 

[Indexmill]

That Craftsman DP is a real nice machine. It even has the middle pulley thats worth $200 by itself.

If it really is in "excellent" condition and you really want it and have $450, I'd go for it.

 

[Thumper68]

I hate to say it but I agree with Duckface, the collectors have driven the price of many older tools up to rates that make them more show pieces than tools. There are way more collectors on this site than users which is very sad IMO, tools were ment to be used not sit on a shelf.

I think that the OP is right as well, the seller has fallen into the it's old so must be worth more.

 

[goforride57]

I'm ok with the sweet spot theory.
I am not ok with GJ members asking why a vise is so expensive then come here and tell us of the vise they have no use for that they paid a premium for, and it only needs the swivel base and a jaw, and all the bandwagoneers telling him he stole it.

A pristine, in the crate 1942 Henway is worth a small fortune to me as bragging rights.
The one of ten million standard vise is worth scrap, workmanship be damned.

While GJ has, and often does not use, the ability to discern tools and prices, the drill press guy only sees us saying stupid praise for lesser presses than his.

If WE discern, THEY have no fuel.

That's what this site is pretty much about. Stroke each other's ego. It's sickening sometimes. And it's not just vintage stuff. How many threads is needed for a "I just purchase a harbor freight 44/56/72" tool box". Wow. Never seen one of those before.

As far as vises, I'll take a brand new Taiwan made **** over a 30-40 year old usa made busted, cashed in vise. I have no use for broken **** that I have to fix before I can use it.

 

[redmondjp]

That's what this site is pretty much about. Stroke each other's ego. It's sickening sometimes. And it's not just vintage stuff. How many threads is needed for a "I just purchase a harbor freight 44/56/72" tool box". Wow. Never seen one of those before.

As far as vises, I'll take a brand new Taiwan made **** over a 30-40 year old usa made busted, cashed in vise. I have no use for broken **** that I have to fix before I can use it.

My $49 Costco import rotating-head vise with pipe jaws and soft-jaw covers has been serving me well for the past 20+ years with no pieces broken off and it still works smoothly. I'm in agreement with above posters on the insanely-high CL prices for old vises, most of which don't even swivel or rotate. The rotating head on mine is one of the nicest features of it and I use it all the time.

I love me some American vintage tool iron, but I used all of these American-made vises during several years of metal shop, machine shop, welding shop, body shop, and auto shop classes. Somehow, I never got excited about wanting to own one, even today 30 years later.

Now vintage American-made air compressors, OTOH, that's another story!

 

[454ragtop]

That CL seller is on crack if he thinks an Atlas lathe without a quick change is worth $1750, wouldn't even be worth anything close to that with a quick change. The atlas drill press has a table raiser and the 3rd pulley, but anything over $300 is wishful thinking IMO.

 

[txan]

Free drill press here: http://houston.craigslist.org/hvo/4938047523.html

 

[redmondjp]

Free drill press here: http://houston.craigslist.org/hvo/4938047523.html

I ruptured a disc in my lower back just looking at the first picture!

 

[zkling]

http://detroit.craigslist.org/mcb/tls/4936927936.html

heres the link the wants more for it now then he did earlier for the Craftsman Drill Press

Ah, that was posted on here before, when it didn't have prices posted I could tell it was going to be very high.

Here's my thoughts.

Possibly a working shop or machinery dealer (see background in pics).
Potential sentimental attachment is being factored into the price.
They are in no hurry to sell those items as indicated by the price and verbiage. Space is not a problem or so it appears in the pics.

At the end of the day something is only worth what someone is willing to pay. That is going to depend on condition, local market and how long someone is willing to wait for the item to sell.

 

[Packard V8]

It even has the middle pulley thats worth $200 by itself.

I usually find at least one complete working Delta or Craftsman DP a year with the middle pulley for $75-100 total. If I could sell the middle pulley setup for $200 each, I'd cranking them out by the truckload. A workable home-made substitute isn't that difficult to make.

jack vines