Thursday, September 6, 2007
It Won't Break - But Still Can Have Value
When I first arrive at a sale, I usually head for the Art Glass, Pottery or Paintings, thinking this is where the greatest value is going to be.
Often I have made the mistake of not going to the basement, garage or other out buildings. Did you know that some of the most expensive things that you might find at these sales could be antique tools?
An old wood plane with ivory tips might bring up to $10,000 or a rare wrench $4,000 or more. The Stanley company was the leader in metal planes and an old one can command a pretty penny.
Saws and hammers are also great collectibles for a tool collector. You may even find pieces that are mysteries because no one any longer knows their use. Who would still recognize a wheel wrench for a wooden wagon wheel? Not me.
This list can go on and on, but I would bet that very few of you would even take a second glance at old tools. Just a few more items that could easily exceed $1000 in value or more include axes, chisels, hay forks, joiners [ big time ], slide rules and metal tongs. The one that surpised me most was a lawn mowers at over $1500.
Often these tools are manufactoried by machinery companies such as John Deere, Ford and others. Many a man was known by the tools that he used, Unfortunately, the era of the craftsman my be gone forever. Working wood by hand today is to time consuming when all you have to do is set the computer and hundreds of pieces can be produced in a day. I for one am sadden to see those day pass on.`
Don't forget these items as you search for treasure to keep you on the path to reaching your 31 steps in our $1,000,000 Race. You may get your clothes and hands dirty as you dig these things out of greasy tool boxes but it may well be worth it.
Be sure to visit our web site for more information about how you can join the 31 Club and start your own race to your millions!
"The Guy in the Red Tie" --- Daryle Lambert