need a lot of hand tools then look no more

LIFETIME COLLECTION THOUSANDS ANTIQUE CARPENTER TOOLS - $25000

formatting link

heckuva collection there

hard to say if it is worth that much but possibly

Reply to
Electric Comet
Loading thread data ...

I'm doubtful he will get anywhere near that price. Guessing these were a w orking man's tools. They were bought years-decades-centuries ago to be use d. So they are all worn. Not pristine. And they were the same tools all the working men bought. I'd guess there are some rare tools in the collect ion that could fetch a few hundred dollars each. Most though are just comm on tools. Almost all the Stanley and Miller Falls planes were common back in the day. They had factories making as many as they could sell. Only a tiny few are rare and valuable today. Wood molding planes are common and e asy to find at the old tool meets.

At top retail price, there may be $25,000 of tools in the collection. But it would take a specialist retailer working for 10-15-20 years to sell all the tools at top retail price. Lot of work and time selling all these tool s off one at a time for top price. Lets say there are 1000 tools in the co llection. At $25,000 that is $25 per tool. Many of the Stanley planes cou ld bring that or a bit more. The 1/4. 1/2, 3/4 chisels? No, not $25 each. Molding planes generally sell for less than $25 too. They are pretty com mon. Braces and bits? Braces are also surprisingly common and easy to fin d. The slicks would easily bring $25 each.

Reply to
russellseaton1

good points and i think it would definitely require some rough calcs in person to arrive at a reasonable price

more pictures would have helped

also it is listed in tools and under antiques so he may find someone that would sell them in small batches over a period of years some antique buyers don't always take the same consideration as a tool buyer and will often pay more

Reply to
Electric Comet

That is the problem. It takes a capital investment to acquire the tools. Capital of $25,000. If I invested $25,000, I would require a decent return . 10-15-20-25% return over one year. If it takes 5 years, or 10 years to sell all the small batches, then the markup would have to be much, much lar ger than 10-25% in one year to equal the same return. If you require a 25% return in one year, then if it takes 10 years to sell the tools, you would have to have an average markup of 2.5 times over 10 years to equal the sam e return.

An antique buyer would probably know less about the tools than a tool buyer /user. But for the antique buyer/dealer, this is a business I assume. Buy ing and selling antiques to make money. He will have to take what I wrote above into consideration if he hopes to stay in business. So I don't think an antique buyer will pay more.

Reply to
russellseaton1

i agree

an antique seller can sell them for more but i do not think the antique seller will pay more

they will be mindful just as much a tool consumer when making an offer on this lot

the antique consumer will often pay more because they buy for different reasons then a tool consumer

i noticed that there were a pile of braces so either this is a tool collector or it was a busy shop that has been in operation for years

if the latter there may be a lot more tools for sale

in any case they may just take the best offer that comes along

funny how things change when large amounts of cash appear

Reply to
Electric Comet

HomeOwnersHub website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.