What’s a fair price to ask for my 10E shopsmith?

[Graeme]

I am going to sell my shopsmith 10E and I’m not sure what a fair asking price is. It is In working order. Has rare hard to find parts and items such as original owner’s manuals. I’m pretty sure that all the parts are there too. I have a lot of pictures I can email, not sure how to post them here.

[br549]

While selling equipment is not allowed on this site out of respect for the sponsor who sells new equipment, I can offer some general comments and suggestions.

Most sales for an entire machine are done using Craigslist or FBMarketplace (so I understand ... I don't use Facebook). Check your local listings to see what other sellers are ASKING. The price they are ASKING may not be the price they get. You can also check ebay and do an advanced search for SOLD listings, and you may get lucky and find one similar to yours that sold and was picked up locally. Shipping an entire machine will drive up the cost and few ebay sellers offer shipping as an option.

Supply and demand in different regions will affect the fair market price as well. Condition and accessories included round out the variables. If you have a speed changer, that adds to the value.

If you want to post pictures just to get more opinions on what it might be worth, there is post near the top of this Community section that explains the process. The most common stumbling block is image size, followed by picture orientation.

[edma194]

I get notified of Craig's List ads for Shopsmiths in a 200 mile radius around Rhode Island. This covers Northern Jersey up to the Arctic Circle which is located in Maine I think. There isn't anything east of here, and nobody lives very far west, at least not anybody that has Shopsmiths for sale that I've seen. So based on that range of locations 10E machines mostly advertised for $250-$300. Sometimes more when containing extras. I see a current ad asking $550 that includes a Shopsmith Biscuit cutter that apparently doesn't even work with the 10E. That's not a real attractive price, but someone might go for it. I have no idea what price these machines were actually sold for, but based on the amount of time they stay listed I'd say $250-$300 is the sweet spot.

This is a pretty dense population area where Shopsmiths appear to have been popular for a long time so 10Es may be harder to find in other areas and sell for more.

You mentioned 'rare hard to find parts', is one of those a lower saw guard? Apparently there are very few known to exist.

[chapmanruss]

Graeme,

How much is my Shopsmith worth is a question we see quite often. Ed and br549 have already given you some of the variables. Like them I see prices all over the place near me. Some too high to be considered reasonable which is why some are for sale so long. Price will vary based on location, availability, condition, completeness and extra options. Model 10E serial number 7127 in itself is not what I would consider special. Also is it serial number 7127 or is it E-7127? That tells me where it was made, either the Western Plant or later in the Eastern Plant. Being an early Model 10E makes them somewhat less desirable having the wood Extension Table as opposed to the later Metal Extension Table which is easier to use/setup. Now having said that you may note below I have two Model 10E Shopsmith's S/N 1076 & 1077. What makes these special, in my opinion, is they were part of the first 250 Model 10E's made and shipped which started it all.

You said,

It is In working order. Has rare hard to find parts and items such as original owner’s manuals. I’m pretty sure that all the parts are there too.

Being in working order is a plus. Having all the parts goes back to completeness I mentioned before. As for rare hard to find parts a lot of the changes made to the Model 10 during their production from 1947 through 1953 occurred early on. That can be a positive or a negative when it comes to selling one. Having the original Owner's Guide for your particular vintage Model 10E is a plus since there were many changes made.

As has already been said pictures of what you have with your Model 10E would tell us a lot.