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  1. #1
    Join Date
    Apr 2004
    Posts
    383

    Default Extreme Case of inherited handtools nightmare

    On the NZ TradeMe site (= New Zealand's version of eBay) there are a bunch of for-sale postings featuring Stanley 45s, 55s, bench planes, etc.
    The person inherited all these from their father-in-law after he died.
    The catch is that the father-in-law had a hobby of tool trading and had taken every tool apart and bundled like parts together.
    The person doesn't know anything about antique tools and just wants to get rid of them in job lots, but the lots are not well assembled.
    See this link:
    https://www.trademe.co.nz/Members/Li...member=1243283

    You have to scroll down past a number of postings about other stuff to get to the relevant handtool postings
    New Zealand

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  3. #2
    Join Date
    Jan 2014
    Location
    Sydney Upper North Shore
    Posts
    4,467

    Default

    That looks like one expensive spend to get all the bits and pieces and what if there’s bits missing?

  4. #3
    Join Date
    Sep 2008
    Location
    Petone, NZ
    Age
    68
    Posts
    2,814

    Default

    The seller is setting quite high starting prices (for New Zealand anyway) and the reserves are higher still.

    Quote Originally Posted by paul.cleary View Post
    ...The catch is that the father-in-law had a hobby of tool trading and had taken every tool apart...
    I'm not a tool trader (more like a tool hoarder ), but my children will have the same problem when I'm gone.

    Cheers, Vann.
    Gatherer of rusty planes tools...
    Proud member of the Wadkin Blockhead Club .

  5. #4
    Join Date
    Sep 2008
    Location
    Petone, NZ
    Age
    68
    Posts
    2,814

    Default

    Quote Originally Posted by Vann View Post
    The seller is setting quite high starting prices (for New Zealand anyway) and the reserves are higher still...
    For example, the Record 405 he's selling - listed at $50 starting bid - had a reserve of $300 the last time he listed it.

    Cheers, Vann.
    Gatherer of rusty planes tools...
    Proud member of the Wadkin Blockhead Club .

  6. #5
    Join Date
    Apr 2004
    Posts
    383

    Default

    Yes, the person doesn't understand the dynamics of how TradeMe auctions for tools work.
    My personal recommendation to the seller would be to accept that it's high risk for anyone buying an auction from him as there will be missing parts and instead aim to get some $ in the hand, e.g. $100, rather than try for theoretical maximum. I think the pricing for these auctions is $150 start and $300 reserve(???) - I would have recommended $100 start and no reserve to get some action.
    The other option is to offer them all to a UK tool dealer who can take the risk given the current NZ $2 = 1 GBP exchange rate.
    New Zealand

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