Used tools are half off...at the least... *LINK*

Worse, though digressing slightly

Bill Houghton, Sebastopol, CA

>I've several times seen Stanley 271s go for more than retail on the Bay - IIRC, for nearly $40 once at a time they were selling for $20 retail.

I'm puzzled as to why the attractiveness of the women makes a difference - or is it just that you noticed?

Re: Used tools are half off...at the least...

Todd Hughes

>I wouldn't be surprised if in 50 years LN was out of business one of their 40 1/2s would be worth $500.of course an original Stanley 40 1/2 would probably be worth 4 times that and a can of beer will set you back $10.

In almost every case that i can think of reproductions in the long run are not worth as much as an original and make very poor investments as the fellow that sold the one on ebay no doubt has found out.Imagine he paid about $145 for the plane and that was what it sold for, I have an about mint original Stanley 40 that I paid $20 for a year or so back and I don't think i would have much trouble at least tripling my investment....which would be the better investment? There might be a bump up in price right after they are stopped being made but I bet if LN went out of bussiness today in 40 years there would be very few people that even knew [or cared] what they made while there will always be interest in Antique tools and I think judging by the past 10 years or so the interest and vaule of Antique tools is sky rocketing and no doubt will continue to. I really feel it is simular to the Antique gun market was in the late 1950's, Antique Guns were common and cheap, often repos even sold for more then you could buy an original for.Had old timers tell me about seeing civil war muskets go begging for $20 and now the supply is dried up and they are worth at least 50 times that much and a repop from that time is worth a fraction of an original......Will be the same with the tool market I think.I've been fooling with tools for about 15 years and while there are still plenty of stuff out there it's not like it was when I first started.....Todd

Some Things Never Change

Todd Stock

>You're probably right, but whatever happens to LN in 50-100 years, I also bet that there will be some crotchety curmudgeons still arguing the pros and cons of the LN super-repros versus the original Stanleys.

Re: Worse, though digressing slightly

Ernie Miller Topeka

>Yes we notice attractine woemen. And I'm betting oh never mind. I wouldn't put my money in LN planes hopeing for a better investment than CD's. I just don't see it happening.

Re: Quality tools

Moses Yoder in White Pigeon, MI

>I have an L-N rabbeting block plane, and they make quality tools. I wouldn't say that the LN is necessarily a reproduction of a Stanley tool, it is really more like an upgraded modern version. If the world lasts that long I'd be willing to bet that LN rabbet plane that a L-N #140 will sell for double the price of a Stanley #140 in 200 years from now.

Maybe But....

Todd Hughes

>if so it will be about the first time I can think that a "Modern" reproduction would be worth more then an antique as an investment down the road.... Wallace Nutting furniture was very well made and are desirable but still go for a fraction of the antiques they are copies of....I have a Flintlock gun made by the maker Hacker Martin back in the 1940's, fairly vaulable and sought after but not even close to what an original is worth , and the Hacker is probably better made....Just the other week i talked to a guy that has a replica '58 Porche speedster.More dependable and faster then the original and worth probaly 1/5 of an original.

Can anyone give me an example of where this hasn't been true? I am sure LN planes are great tools but if you are buying them thinking they will go up much in vaule longterm you are probably better off investing in Franklin Mint Plates.....Todd

Re: Maybe But....

Moses Yoder in White Pigeon, MI

>I never before even thought of LN tools as "reproductions" of "collector items" so the concept is fairly new to me, and you may well be right about it. I just see Stanley as being a monster tool manufacturer and Lie-Nielsen as a small high quality tool manufacturer with the user as their target market, not the collector. Now that I think about it, I'll just say that the Stanley tools probably will be worth more, as the boxes they were sold in are actually much nicer than the boxes from Lie-Nielsen; how's that for easy capitulation?

My wife "collected" Breyer horses for a number of years when you could get them for a couple dollars at flea markets. Some of them are worth a little bit of money today. We happen to know a guy who used to work for Breyer and is now running his own model horse business, Peter Stone from "Stone Horses". If you are in the model horse world the name is familiar. They aim for the collector market, whereas Breyer started out just making toys for children. Stone horses will do a few runs a year by artisans which are limited to 250 or so horses, and these are sold for $150 and upwards. I was in Kentucky at one of their auctions at the "Breyerfest" and watched a unique horse model, standing about 8 inches tall and maybe 12 long, sell for upwards of $3000. I think this would be an example of where a newer version of an older toy sells for more than the original, although I am by no means an expert in the field.

I made the same observation a while ago here...

Mark Harrison -- in Sydney, Australia

>and I have to say that you have got off lighter than I did :-)

While I don't have any intention of selling the few nice old tools that I have, they may be worth something to my kids or grandkids (if I'm that lucky) and it should at least be a consideration even if you're just a user (like me).

Life is so much easier...

Bob Hackett

>when your only concern is how well something works as opposed to what it can be sold for.

MB

Re: Life is so much easier...

Tony Z.

>Bob,

You hit the nail square on the head! In fact, it is this premise that permits me to (a-hem) "accumulate" the number of toys (I mean tools) that I do! I simply tell my wife there is no value to them and I'm purchasing them to do this job or that! So far she's buying it.

Tony Z.

It's just one consideration...

Mark Harrison -- in Sydney, Australia

>but not to be ignored. IMHO anyway.

Gosh

WoodburnBob

>I looked at the replies this morning and scratched my head.

For the record, I wasn't casting aspersions at attractive women, unattractive women, women in general, men receiving gifts from women, or neck-tie painters. But I'm certain all of you knew that, right?

I wish I understood my motivation in submitting the original post. I guess I wanted to say that I noticed LN planes seem immune to depreciation and that I suspect there is some hoarding going on. To me, both imply perceived value. But what do I know.

what you really said

Tom Sontag - St. Louis

>is a compliment to the value of eBay as a market. LN sells their 40 1/2 for $145 and you can buy it at thebesthings.com for $134.95, so when someone is able to sell it on the Bay at $145, we are all really seeing the value to a buyer of having something laid out in front of them.

People pay for convenience, sometimes a lot (compare the price of a sixpack at the grocery store to 6 cold ones at the ballpark). And they pay for quality. There really isn't anything else happening here.

Re: what you really said

Tim of San Leandro

>" (compare the price of a sixpack at the grocery store to 6 cold ones at the ballpark)"

Not quite the right comparison....IIRC, ballparks prohibit BYOB ; - )

Perhaps a collector bought the used LN scrub....because they want to collect USED planes....and don't have the faintest idea how to take a new plane and make it used..... hahahahahahahahahaaaaaa

That too, Tom. Exactly.

WoodburnBob

>

I wuz teasing

Bill Houghton, Sebastopol, CA

>Teasing. That's what I was doing. Really.

I think it's a compliment to your multitasking abilities that you can notice BOTH the attractive woman AND the L-N plane at the same time.

I liked the tread?

Ernie Miller Topeka

>Here you go ruining another day! I don't think people hoard tham planes they by them use them like them and keep them. Hoarding implys that some one is buying them all up just to keep you from getting one. And I'm sure if you wife calls Tom he will sell her one to give you.

Re: Life is SO much easier...

Todd Hughes

>when your only concern is what somthing can be sold for as opposed to how well it works......eh?.....Todd

What are you & Bill drinking today...

WoodburnBob

>...maybe I can get loose later and come by this afternoon before dinner? Provided you two aren't napping and the bottle isn't empty.

Re: What are you & Bill drinking today...

Ernie Miller Topeka

>Right now it's ice coffee but I have some cold bud at home for latter stop on by there is allways the corner store if I run out.

I guess...

Bob Hackett

>everything is relative to which side of the fence you happen to be living,Todder.

Smooches,

Mainely,Bob

Re: What are you & Bill drinking today...

Dave Anderson Chester, NH

>You guys in the big city are spoiled. The "corner store" for me is a 15 minute drive. But then again, the only traffic light in town blinks yellow from 2 directions and red from the other 2. We can't roll up the sidewalks at night because we don't have any. The last house in town finally got indoor plumbing about 5 years ago.

actually

Tom Sontag - St. Louis

>I distinctly remember dragging in plastic containers of rapidly warming beer into the bleacher section of Busch Stadium maybe 20 years ago. We learned that glass and metal containers were prohibited, but that technically BYOB was not. As I said, that was then...

Knock it off Dave!

Todd O. Cronkhite Native of Maine

>you're making me homesick again.

We got indoor plumbing in '79, and that was only because we moved out of the old house into a mobile home, and that was only because after 10 years of being a widower Dad had a dumb attack and got married to some some fancy smanchy little miss high society who thought it would be great fun to leave her side of the tracks and live on the poor side of them for awhile. Yeah, once the fun was over she went back to the husband that she left and left my Dad brokenhearted. But I digress.

Todd O.