Your two posts in this thread made me laugh
I don't have any kids, but anyone with a big enough family will have some parasites, or criminals, in the mix. Unfortunately, I do.
Succession plan for your tools?
- Thread starter rust in the eye
- Start date
Your two posts in this thread made me laugh
I don't have any kids, but anyone with a big enough family will have some parasites, or criminals, in the mix. Unfortunately, I do.
jar944
Well-known member
Well assuming I die soon which would be odd or an accident based on my age and health.
Irs (https://www.irsauctions.com) should have my heavy stuff cleaned out relatively quickly.
Irs (https://www.irsauctions.com) should have my heavy stuff cleaned out relatively quickly.
619DioFan
Well-known member
I have no family of my own so everything goes to my two nieces. I am sure they have no interest in the tools but can at least sell them. I don't know how much I have invested ( no truck brands ) but I am sure some craigslist ******** will show up and offer 50 bucks for it all. the real money is in the property. don't owe anything on the house so they will be very ok once it is sold.
When I was a realtor it always amazed me how many “treasured” collections went in the garbage. Tools, niknaks, photo albums, yearbooks, furniture, dolls, art, trophies, “vintage” anything, etc. People assume what’s valuable to them is valuable to everyone. It’s especially hard on the relatives and children that come in for a couple days to get things settled. They don’t have time or space to handle the stuff. A 20 yard dumpster was usually the weapon of choice.
engineer2
Well-known member
If I croak there is going to be a good sale on tools at my house!
Of course my collection of shop manuals, Mitchell manuals, and automotive information will likely go straight into the trash.
Of course my collection of shop manuals, Mitchell manuals, and automotive information will likely go straight into the trash.
joe_pinehill1
Well-known member
I used to use eBay a lot to declutter but postage has skyrocketed under DeJoy. Now I use face book marketplace, and meet buyer at the local Lowes or supermarket. We decluttered a lot after our last move.
Lassen Forge
Well-known member
I got rid of a lot of duplicates and "****" when we moved... the stuff I have, I figure it'll be up to the other half... otherwise, I'll probably gift it off to my brother (if he wants to come over here and get it, unlikely as he has his own awesome tool collection) or our neighbor who is helping us turn our ruins into a usable, workable structure!
By that time... I'm pretty sure I won't give much of a rats heinie, as I won't be using them. Well, maybe I'll have them throw a crowbar, my minisledge, and a masonry chisel in the box with me...
... Just In Case ....
By that time... I'm pretty sure I won't give much of a rats heinie, as I won't be using them. Well, maybe I'll have them throw a crowbar, my minisledge, and a masonry chisel in the box with me...
... Just In Case ....
I was responding to a question on a different thread not sure what that has to do with this one. Anyway not looking to sell it would rather find out what's causing it to jam and fix it. I also don't do Fakebook LOL...
Junkdrawer Dog
Well-known member
Agree. The value exists in emotional currency and once the owner passes, the magic spell is broken and these things become auction or dumpster fodder.
jonesg
Well-known member
thats a good way to declutter, when we moved from MA to maine we left a huge load at the curb.
hoarders ought to put price tags on everything they own in case they get in a car accident.
bmwrd0
Well-known member
I was talking to a book dealer the other day (I collect books, among other things) and he couldn't get past collectors who don't dispose of the collection before they die. I had to remind him that a lot of us don't collect things for the monetary value, but for the joy owning these objects gives us. And that getting rid of these things in a (to us) untimely manner was anathema to the whole enjoyment of collecting. When my father passed, his wife called her church, and they came and took everything as a donation. It was her business at that point, and this made her happy, When my FIL passed, my wife, as an only child, went and got his cats, we took the few things that mattered to us, and called an estate sale company.
All my stuff goes to my wife, and then my son. They both know how to deal with it; either keep it, or call an estate company. Seriously, not going to worry more than that.
All my stuff goes to my wife, and then my son. They both know how to deal with it; either keep it, or call an estate company. Seriously, not going to worry more than that.
I think the concern that some of us have is not wanting some estate sale company giving our spouses $200 for a mask that they turn around and flip at auction for $4.5 million dollars.
Not that my go to 7/16" Snap-On wrench is worth that much, but just sayin...
CNN: Rare Mask sold at a garage sale
Not that my go to 7/16" Snap-On wrench is worth that much, but just sayin...
CNN: Rare Mask sold at a garage sale
As soon as I retire, I plan on selling most of my tools. I'll sell them on ebay or have a garage sale. Maybe even give some away to someone who can use them.
I'll keep a few basic tools like screwdrivers, pliers, some wrenches and a small socket set.
I'll keep a few basic tools like screwdrivers, pliers, some wrenches and a small socket set.
Lassen Forge
Well-known member
When mom in law died we called an auction company to do an estate sale on their huge collection of 1960's furniture - all in stellar condition - and they swore they would get the best price for it.It was supposed to be a 50/50 split minus their $350 fee...
We got a check cut for just under a couple grand. I understand the rattan dining room and chairs (which they said they got $200 for, and gee weren't we lucky) went for about that alone at the antique dealer they had on contract...
I'm glad they weren't still around to see that kind of **** go down. Same with me - I hope whoever gets my **** is a lot smarter than we were, and actually finds out the value of stuff, rather than just telling Shyster and Gypsum Estate Sales to come in and have an estate sale...
I figure our neighbor will probably get my shop stuff... at least that way it will get used, and if he sells it, at least he knows what it is worth. That or to those in the community that will use them thru him or his family. I won't give a **** by that point, but at least it will be offed by someone knowledgable about shop stuff, not some anonymous unknowledgable money changer with greed in their eyes.
We got a check cut for just under a couple grand. I understand the rattan dining room and chairs (which they said they got $200 for, and gee weren't we lucky) went for about that alone at the antique dealer they had on contract...
I'm glad they weren't still around to see that kind of **** go down. Same with me - I hope whoever gets my **** is a lot smarter than we were, and actually finds out the value of stuff, rather than just telling Shyster and Gypsum Estate Sales to come in and have an estate sale...
I figure our neighbor will probably get my shop stuff... at least that way it will get used, and if he sells it, at least he knows what it is worth. That or to those in the community that will use them thru him or his family. I won't give a **** by that point, but at least it will be offed by someone knowledgable about shop stuff, not some anonymous unknowledgable money changer with greed in their eyes.
bmwrd0
Well-known member
If you didn't identify that to her previously, than the fault isn't on her.
But, seriously, the reason people hire estate sales companies isn't to make top dollar, it is to clear the estate. Sometimes this is decreed by the will, sometimes by the decision of the family. If you want top dollar for every item, then you do need to catalog everything, have it appraised, and then negotiate a sale. And that last one is the hard part, as just because an appraiser said it was worth X doesn't mean you will find a buyer to pay that when you want to get the money.
Junkdrawer Dog
Well-known member
That's what I did. Took about 18 months of work to achieve the goal but I got cash for most of it and gave away very little. It made moving a lot easier.
In a lot of cases it’s a time thing. If I were to sort all my stuff and sell everything I own, trying to get top dollar from it, it would probably take a few months. For most people, they simply don’t have that much spare time on top of everything else in their lives.
PugetDude
ALLIANCE MEMBER
When I lived in Washington State there was a local Estate Sale company that was notorious for overpricing everything at the sale, then offering the heirs pennies on the dollar for the unsold merchandise- which turned into the inventory in their retail resale shop, usually for less than what it was marked at the estate sale.
ZRX61
Well-known member
I was at an estate sale going through a closet full of books. Found the guys pilot logbook from his time in the AF. He flew all sorts of cool ****.
Handed it to the people running the sale & told them to make sure it went back to his family.
JRPAviator
Well-known member
You would be absolutely SHOCKED at some of the stories I have heard from the Naval Aviation History Museum and WWII Museum curators. X person would come in from the New Orleans trash sort with a book of personal photos from the beaches of Normandy. It was in the f’ing trash. Others are machine guns “grandpappy” had in crates in the attic. We were going to give them to the ATF to turn into metal shavings. Both examples almost priceless… They have saved literally libraries full of memorabilia, history, implements, you name it. Most of these places storage locations are 2-3 times the size of the actual museum spaces. Behind the scenes at both of those places are cherished memories…