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Estate Sale......

Posted: Tue Feb 11, 2014 3:56 pm
by 2centsworth
http://houston.craigslist.org/tls/4328612290.html

1953 Shopsmith V Lathe - GREAT working condition just needs to be cleaned up a bit - Comes with original manual. Many extras!

Can be seen Tuesday or Thursday this week OR it will be in an Estate Sale in Katy starting on Friday morning, February 14th at 10 a.m.

[ATTACH]24045[/ATTACH]

Asking $2000. Maybe that is what I am doing wrong I need an estate sale. Probably what killed them was the sticker shock ! :eek:

If that is great working condition I have it all wrong, don't polish, don't clean just stack it up and sell it.

Posted: Tue Feb 11, 2014 4:50 pm
by aloibl
There is a couple like that around Austin also. Priced way to high. They take a look at what a new one would cost and think they can get about 1/3 of a new price for an old one. They will be sitting on Craigslist for a long time.

Posted: Tue Feb 11, 2014 11:37 pm
by skou
Guys, I LIKE this theory, when it comes to pricing ERs.

"OK, it cost $189 new, 65 years ago. Let's sell it for about half that." :D (They can't really compare these to the new Mk7s.)

But then, I'm a buyer, not a seller.

steve

Posted: Tue Feb 11, 2014 11:42 pm
by joedw00
I'm sure it will be in the estate sale.

Posted: Wed Feb 12, 2014 1:04 am
by JPG
joedw00 wrote:I'm sure it will be in the estate sale.

Opening bid needs to be $1.;)

Posted: Thu Feb 13, 2014 12:14 pm
by joshh
I emailed them asking if they added an extra 0 by mistake and continued to provide links to several other shopsmiths for sale for much, much less.

The reply said that the family set the price with a few hundred dollars "bargaining" room.

Out of their freaking minds...

Posted: Thu Feb 13, 2014 2:22 pm
by Ed in Tampa
joshh wrote:I emailed them asking if they added an extra 0 by mistake and continued to provide links to several other shopsmiths for sale for much, much less.

The reply said that the family set the price with a few hundred dollars "bargaining" room.

Out of their freaking minds...

I'm sure they appreciated that info from you. NOT!

Ever notice if we are going to buy it, asking price is on the high side and if we are selling it the price is low side?

We have friends that are selling a house, priced way above the market. All we can do is watch because they simply won't hear anyone tell them they are out of their minds with the price.

It is their time and energy and if you try to help them they suspect you are trying to con them out of the rightful price. I just watch and chuckle.

Posted: Thu Feb 13, 2014 4:15 pm
by rcplaneguy
Having just gone through selling my parent's things I can relate to grief, frustration, and pricing. Things that they cherished and prized are sometimes difficult to value. The volume and process can be frustrating especially when several heirs/siblings are involved. Things will work out, albeit slowly.

Posted: Thu Feb 13, 2014 4:54 pm
by robinson46176
What model of Shopsmith was air-conditioned? :D


.

Ahhhh....

Posted: Fri Feb 14, 2014 8:09 am
by 2centsworth
robinson46176 wrote:What model of Shopsmith was air-conditioned? :D


.
Maybe that explains the high price. It's an air conditioned unit for the hot summers we have here in Houston ! :confused: