Last year I got a Record Bailey 3 from a pawn shop in the nearest city.
Paid R50 ($7.5) for it. The assistant asked why I wanted an obsolete
piece of junk. "everybody uses power these days". replied that it was
still an extremely usefull tool and a lot still use them.
Went in on Friday, they had a Stanley handyman 12-020 and a Bohmer (sp).
They wanted R500 ($75) for them. 900% in a year? Bet they stay there for
a long time. Can buy a new Stanley Handyman here for about R250
There must be some serious suckers out there
Sun, Oct 17, 2004, 11:41am (EDT+6) firstname.lastname@example.org (Phil Hansen) wonders:
<snip> asked why I wanted an obsolete piece of junk. "everybody uses
power these days". replied that it was still an extremely usefull tool
and a lot still use them. <snip> 900% in a year? <snip>
Well Hell, no wonder, and it's all your fault. You shoulda said
you wanted them for paperweights, to look at, or anything stupid. But,
nooooo, you not only had to tell them they were "useful", and "a lot
still use them", you had to tell them they were "extremely" useful.
It's a pawn shop, they hear crap like that, of course they're gonna
raise their prices.
The Woodworking Gods are totally pissed at you.
Flush the Johns.
- seen on a bumper sticker
True, Very true, but every so often you find nearly new tools for a good
price, like a PC 352VS, 3x21" belt sander, for $30, a PC693LRPK, router kit,
standard base and plunge baser, for $125. Sure not a great deal, but it was
like new, and included about $100 in carbide bits. A Crapsman 16ga brad
nailer for $25, likw new, and a PC7538 router for $125, also like new.
I have bought some other good finds also. I still make my pawn shop run
every month, rarely buy any thing, but it keeps me out of the bars! Once in
a while I find something I want and they have a rediculous price on it. I
come back once a week or so, drop it on their counter and offer them $XX for
it. I do it untill the item is gone or 'till I get my price.
I've kind of wondered about this myself... I've seen some stuff there
that was good tools, but pretty well used and not so well maintained, if
you know what I mean, w/ an almost new price on it. I figured they
probably kept the price high as long as possible, hoping someone would
pay that for it, and just reduce things when they get tired of looking
at them or people wanting to haggle.
You mean the stuff that looks like it's been lifted out of the back of
a contractor's truck, by a laborer looking to score his meth for the
day? Just the bare tool, no accessories? Dinged, dented, scuffed, and
covered in paint/grease/drywall dust? That kind of stuff?
Either that, or the cheapest of cheap tools: B&D jigsaws that shouldn't
sell for more than $15 at Wal Mart, 9" bandsaws that can be had at
discount stores for $40, $30 Skil brand saws, etc.
Yeah, that's what I typically see here in the land of SuperChain
SuperPawn SuperStores. Always priced at or sometimes above retail.
That's what you get when pricing is set by someone browsing catalogs at
Real mom-'n'-pop style pawn shops occasionally have something of
interest. And they're willing to deal, more often than not. Quite
unlike the commissioned "pawn specialists" at your typical
SuperChainSuperPawnSuperStore. I seek out Mom (or Pop) whenever I go
cruffling (a gun term), or tooling.
I stop at shops just for fun. I have a few shops that I know have good
prices when they have stuff I want. Others that have lots of tools but
not good prices. I have gotten enough good tools at half price or less
that looking is worth my time. Of course I never need anything. I have
more tools than my Dad ever had and he has been around 80 years. Some
fish, some hunt with guns, I hunt for tools and even use some of the
One Saturday I decided to visit all the local pawn shops for tools.
It turned out to be a total waste of time, plus emptied a tank of
gasoline. The tools I did see and showed interest were worn and
60-80% of new cost. I have a more enjoyable time in my shop, and shop
online for new quality tools. No more pawn shops for me!
Sheesh! Last time I checked the pawn shops around here they want
80-90% of brand new price for something that looked like it had been
dragged behind a truck for a mile. Nail gun that was 299 at the Borg
was 279 at the pawn shop, but the pawn shop one didn't have the case,
was dinged all over, splashed with paint and featured a nice dent in
the magazine. I've done much better on e*ay.
That same pawn shop has another PC7538 router. They are asking $275 for this
one, and it is used! It has been sitting there for six months or so. The one
I bought they were asking $175, and after three trips they went down to my
offer of $125. Right now that router is on Amazon for $319, plus PC has a
$50 rebate on purchases over $300, making the out the door price $269 plus
I do HVAC work for aliving so a set of AC gauges caught my eye. The tag was
marked $175, I offered him $50, several times! The last time there I told
him anyone can buy the same exact set new for $125. He still would not
As for those who say they would rather spend the time in the shop, often I
drag my wife and daughter along on my pawn shop rounds. They buy CDs and
video games. So it gets to be a family outing!
The CDs, videos and games are about the only really good deal I've
found in pawn shops around here. They have so many VHS tapes that you
can get just about anything for around 2-3 bucks.
There's a Stanley Handyman on my tools shelf, but only for sentimental
reasons. It's the first handplane I swiped from my father's toolbox.
Well sharpened, it's OK for softwoods, if accuracy isn't too much of a
There's a whole PhD dissertation to be written on the psycho-economics of
pawn shop pricing, but not this morning. I'm exhausted from reading
Keeter's Shop Snippets...
who's certain that one is born every minute...
Your post reminded me of a place here in Vancouver that I used to go to
many years ago, the guy had a store packed with stuff, he stood at the
door beside a sign that said "No Browsing". You told him what you were
looking for and if he had it he let you in, otherwise you were told to
leave. It was always a challenge to get in just to look around, it
really bugged him if you asked the price of something other than what
you had told him you were looking for.
I am from the Detroit area. You would think that the personality you all
are describing would be unique. It is not! Why does it bother them if you
browse or if you say your are just looking? Many retail outfits LIVE on
that principle. As far as deals. About 30 years ago, I bought a Teac 3340,
4 channel reel to reel tape recorder with 10 1/2 reels for $250 (as I
recall, it was worth about $1500). It was like new. In the same pawn shop
I saw items (microphones, tools, etc), as you all have pointed out, higher
than retail. I would sure like someone in the business to explain this
philosophy. It might help to explain some of the same mentality I am seeing
in the real estate business now.
I am a wood butcher who owns 3 pawnshops and I think I can answer one of
your questions. Most pawnbrokers - myself included- are professional
dilettantes who have a superficial knowledge in a variety of areas. Some
pawnbrokers have genuine expertise in a specific subject but are woefully
ignorant in most other areas. When I am on the prowl for tools I always
check other pawnshops first. I buy most of my tools from a pawnshop in the
next town - the man knows everything about musical instruments and nothing
about tools. Sometimes the prices are too high and other times the prices
are too low. I will not educate the man about tools - I would be shutting
off one of my best sources.
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