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Is this a good deal?

RedRabbit

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I made a deal for $40 dollars for the Waterloo box to fix with my grandfather.
 

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RedRabbit

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I started with $35, but is it a good box, what is it worth in pristine condition?
 

TheEquineFencer

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RedRabbit

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I bought it to restore. I don't think there's any rust, I just planed on disassembly, sanding down a bit, priming, and using Rust-O-Leum painters touch x2 to paint it red. I was going to replace the trim however.
 

nicksnothereman

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If the drawers are straight you paid to much. If the drawers are not straight you paid way too much.

They aren't bad boxes (at least the craftsman equivalent from what I have contact with) but they don't last forever. Eye of the beholder type of deal, I'm not sure why you'd question your decision unless you already think you made a mistake. Just, you know...do your thing. You were going to "refurb" it so just do it and use the box, don't worry about the sales price in the future. We all make purchasing mistakes but on the scale of mistakes you lost maybe 15-20 bucks (not including labor or paint which you were going to incur anyway) so it's not something to harp on.
 
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RedRabbit

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Ok...Thanks everyone for voicing their opinions, I was only just wondering. Well thanks anyways
 

bad_idea

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I wouldn't have paid that, but then again I wouldn't restore a tool box either. :) I did pay $100 for a busted air compressor. It has been disassembled under my work bench for about 2 years now, I'll get to it sooner or later. Value is what someone will pay for it, what it's worth to you. Your grandfather will appreciate spending the time w/ you and you will have a good tool box at the end of it.
 
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Lassen Forge

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It's worth what you thik its worth. If you have specific tools to go in it that will fit that box, then it's worth what you think it is.

I finally stopped collecting stuff when I realized I was buying things I had no immediate (or immediate future) need for. (the down side is now I pour it into projects... and some of those, well... maybe I should go back to flea-marketing!!!)

BTW - I have a gas powered old school crapsman copressor that's frozen up. I was going to put it back together to use as a portable shop compressor until I realized I could buy a small portable that did damn near the same thing way cheaper... the plus side being I have a new compressor that works. Runs my 3/8 drive gear, my die grinder, most of what I need it for out in the yard.

Regaardless... a shop without air is a real PITA. Live with air, then go without it... and you'll be looking for a compressor real quick.
 

kenfath

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Have you given any thought to just using a cleaner and polish/wax on it? Paint doesn't look bad. Worth a try.
 
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RedRabbit

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I did, but there are scratches and marks on the inside, sides, top, and back as well as some on the front. And the paint is faded. Ill post a progress thread later but the previous owner spray painted 229 on the sides in bright white. Do you know of a cleaner though for the rusted locks?
 
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RedRabbit

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If the drawers are straight you paid to much. If the drawers are not straight you paid way too much.

The drawers were actually bent in the back ,and one in the front as well. But some fun time with my grandfather a hammer, vise, and vise grips and they weren't bent.
 

santagary

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I wouldn't have paid that, but then again I wouldn't restore a tool box either. :) I did pay $100 for a busted air compressor. It has been disassembled under my work bench for about 2 years now, I'll get to it sooner or later. Value is what someone will pay for it, what it's worth to you. Your grandfather will appreciate spending the time w/ you and you will have a good tool box at the end of it.

Agreed...the time you'll spend with your grandfather on this project shows your respect for him and his skills and wisdom. I think you made a great investment in your memory bank. I wish I'd spent more quality time with my grandfather when I had the chance. :thumbup:
 
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