View Poll Results: At what exchange rate do participants want the order to proceed?
- Voters
- 13. You may not vote on this poll
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Don't buy below US$0.98
0 0% -
Buy as close to parity as possible, I can wait.
3 23.08% -
Buy at US$1.03 to cover forex fees, I have more time than money.
1 7.69% -
Buy ASAP at whatever the exchange rate is at the time.
8 61.54% -
I'm a professional currency trader and know that A$1 will be buying US$1.25 in 13 days ;-}
1 7.69%
Thread: Re: Another Thompson bulk buy?
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16th October 2010, 04:54 PM #16GOLD MEMBER
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Put me down for a 3/8 detail gouge , cat38D .
Thanks
Ted
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16th October 2010 04:54 PM # ADSGoogle Adsense Advertisement
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16th October 2010, 07:18 PM #17
I participated in the last one
great tools
not sure I need anything now
but I'm sure there is something I would like
I'll check the exchequer and the "I'd like" list and get back to you
PS I'm also happy to do the Sydney endLast edited by Sawdust Maker; 16th October 2010 at 07:24 PM. Reason: add PS
regards
Nick
veni, vidi, tornavi
Without wood it's just ...
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16th October 2010, 07:22 PM #18
The question is?
V shape or U shape bowl gouge
which do people prefer and why?regards
Nick
veni, vidi, tornavi
Without wood it's just ...
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16th October 2010, 08:28 PM #19
Mkypenturner - asked about a cut off date? Hadn't set one. Initially just wanted to find out if there was any interest in a bulk buy. If not, I was planning to go ahead once the A$ had settled at or above parity. Now that the bulk buy is definitely on I'm thinking a week should be enough time for everyone who might be interested to throw their hat into the ring. This assumes that the A$ holds up over the coming weeks. Should it retreat we may need to hold off for a bit, which may give some wiggle room for late comers.
Consolidated orders:
Drillit - 5/8" V fluted bowl gouge
chambezio - 1/4" Detail Gouge and 3/8" Detail Gouge
NeilS - 3/8" Detail Gouge, 3/4 Lathe Master Handle and 20" Handle with 5/8 nose
Swino - 3/4 v shaped bowl gouge and 3/8 detail gouge
scorpio_oz - 3/8" detail gouge
Brett Hammond - 5/8 V-shaped Bowl Gouge and 20" Handle with 5/8 nose
pommyphil - 1/2" spindle gouge
Zedicus - V-shaped Bowl Gouge - 5/8" and Spindle Gouge - 1/2"
hughie - Mark St.Leger's 5/8 SRG and Shallow Detail Gouge - 3/8"
letzzzgo - 5/8" V bowl gouge
turnerted - 3/8 detail gouge
.Stay sharp and stay safe!
Neil
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16th October 2010, 11:11 PM #20
Neil, I will take a 1/2" spindle gouge please.
JimSometimes in the daily challenges that life gives us, we miss what is really important...
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16th October 2010, 11:39 PM #21
Most people prefer the 'V' flute profile now.
The 'V' lends itself to a more swept back edge profile.
The 'V' gouge is also a more versatile gouge IMO, so if you only have one gouge in a particular size then the 'V' is the way to go.
Some turners like the 'U' for rapid hogging out, especially on green wood. They say that they are less prone to clogging.
Some long time turners that used the older 'U' profile, when that was all that was available, still prefer them.
I keep one of my original P&N 'U' profile gouges, with a traditional grind, for occasionally doing the final cut across the inside bottom of a bowl. They excel at that. Otherwise I'm 'V's (of various catenary profiles) all the way.
BTW, Doug T says the edge profile as viewed in plan view should mirror the flute profile as viewed looking at the end of the gouge. That being the case, it might help you decide which way to go.
.Stay sharp and stay safe!
Neil
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17th October 2010, 06:58 AM #22Hewer of wood
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Yes.
There are some diags and a pic on the previous thread about the difference.Cheers, Ern
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17th October 2010, 08:00 AM #23SENIOR MEMBER
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- Sydney
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1/2" V-shaped Bowl Gouge 12V and 16" Handle with 1/2" nose H16-12
Ross
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17th October 2010, 09:07 AM #24
I have been using Thompson tools for some years ( since Glaser tools stopped being sold) they certainly are good ( not as good as the top of the range Glaser was)
So its a good time to buy.
The handles, however do not seem so attractive a concept to me. IMO, too limiting in their design given the price, even if they are cheaper at the moment.
I prefer the Kelton ER 2516 system, which is available in Australia from distributors ( via a forum sponsor - no connection) and has a lot more useful features.
kelton Industries tools online
http://www.woodworkingwarehouse.com....ID=ECM||205662
DICK ( search under Kelton)
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17th October 2010, 12:09 PM #25
I've started to think about the best way to handle the payment side of things.
Drawing on Ern's experience last time (and one other bulk buy he organised) he recommends the funds be paid before the order is placed, including a small buffer to cover exchange rate movements and PayPal fees. It's very difficult to know what the actual exchange rate and fees will be in advance of placing the order. Last time Ern found he had to do a second whip around to cover all of his costs.
So, based on Ern's experience I think I'll do it this way:
Payment 1: To cover the tool purchase price converted to A$ based on an 'initial' exchange rate + expected PayPal fee. I'll set the 'initial' exchange rate when I close off the orders so I can calculate and give everyone their Payment 1 amount.
Payment 2: To cover local postage costs + or - any variation between the the 'initial' exchange rate and the actual exchange rate that applied at the time of making the US$ payment.
I will provide my bank account details for the funds transfers which I will provide via personal emails before that needs to happen.
I'll also start collecting your real world names and address details via Private Messages in preparation for the mail out for when the tools arrive.
.Stay sharp and stay safe!
Neil
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17th October 2010, 04:32 PM #26
Neil, Paypal doesn't charge a fee to the buyer (only to the seller), but their exchange rate is usually about 2-3 points below the published daily rate, as is Visa and Mastercard. The credit card companies then also charge a foreign exchange fee on top of that.
So, if the exchange rate on the day is .99 then if you work on .96 you will be pretty close to the mark.
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17th October 2010, 04:58 PM #27Hewer of wood
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I would suggest that Neil add 5% and if it comes in under that and anyone cares, he could refund them.
Of course the exchange rate is going to vary between up-front payment and the wash-up. Some commentators are even suggesting AUD1 to USD 1.10! Woohoo!
....
On a related matter, having sat in on a demo by Guilio M. today at the Woodshow: he reckoned a U flute was easier to control in bowl hollowing mode. Something to think about.Last edited by rsser; 18th October 2010 at 10:47 AM. Reason: Guilio's name corrected
Cheers, Ern
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17th October 2010, 09:15 PM #28
Thanks Big Shed, that is what I was referring to as a 'fee'. Anyway, that explains why we have to add about 3% (or 5% as suggested by Ern). Either way, Payment 2 will be adjusted for the actual exchange rate spread. I'm not wanting to end up with more than it's cost me, just for it to be revenue neutral.
If we knew if and when we are going to reach AUD1 to USD 1.10 we could wait until then...
.Stay sharp and stay safe!
Neil
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18th October 2010, 07:57 AM #29Hewer of wood
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FWIW for my bulk buy the cost was a tad higher than the PP published exchange rate and I got no sense out of them when I challenged it.
Cheers, Ern
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18th October 2010, 08:01 AM #30Hewer of wood
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Neil, pls put me down for
1 x 3/8" shallow detail gouge
1 x 5/8" U bowl gouge (Doug expects to have stock shortly)
Many thanksCheers, Ern
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