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Various Metal Stock Sale-Clearing Everything!! Etobicoke, ON

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skippyelwell said:
Not sure it is much of a deal, this guy has had these ads up for months, he wants top dollar for everything.
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Years. I bought some stuff (rifflers, mirror image number and letter punches, etc.) from him during the pandemic. Interesting older (I think) Yugoslavian guy.

He had an Okuma LK for sale that was being loaded when I showed up. I’d looked at the ad for that dozens of times, but suspected we’d never come close to a price I could tolerate (he was asking $7000).


Broadly, I feel like there are two camps of folks selling off a lifetime of tools and material:

There are those who say ‘it doesn’t owe me anything’. I bought some tap handles from a Stelco guy in Hamilton who said that out loud. Especially with younger folks getting into the trades, they may see something of their younger selves, or coworkers past. They tend to be a little more flexible, and negotiating prices is less emotionally fraught for them.

The other camp is folks who see this as a hard won nest egg. They are more likely to remember exactly what each item cost new, and are sometimes less easily swayed by notions of depreciation or wear.

This fellow is very much in the latter camp. He mentioned that, quite shortly after listing things, a local tool dealer named Ted Dawson came by, and got a fair bit of stuff before the fellow had a sense of current value. I suspect feeling burned by that pushed him towards greater caution/suspicion.
 
Stuart Samuel said:
Years. I bought some stuff (rifflers, mirror image number and letter punches, etc.) from him during the pandemic. Interesting older (I think) Yugoslavian guy.

He had an Okuma LK for sale that was being loaded when I showed up. I’d looked at the ad for that dozens of times, but suspected we’d never come close to a price I could tolerate (he was asking $7000).


Broadly, I feel like there are two camps of folks selling off a lifetime of tools and material:

There are those who say ‘it doesn’t owe me anything’. I bought some tap handles from a Stelco guy in Hamilton who said that out loud. Especially with younger folks getting into the trades, they may see something of their younger selves, or coworkers past. They tend to be a little more flexible, and negotiating prices is less emotionally fraught for them.

The other camp is folks who see this as a hard won nest egg. They are more likely to remember exactly what each item cost new, and are sometimes less easily swayed by notions of depreciation or wear.

This fellow is very much in the latter camp. He mentioned that, quite shortly after listing things, a local tool dealer named Ted Dawson came by, and got a fair bit of stuff before the fellow had a sense of current value. I suspect feeling burned by that pushed him towards greater caution/suspicion.
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Perspective, he wants the same price as new for metal that has so many holes in it that it's usable amount is 50% of the stock he paid for. I tried very respectfully to ask about many of his items and he quickly proved to be defensive and intractable to the extent that you cannot negotiate a fair price. He may have been reasonable once, but that would have to have been more than a year ago.
 
TorontoBuilder said:
Perspective, he wants the same price as new for metal that has so many holes in it that it's usable amount is 50% of the stock he paid for. I tried very respectfully to ask about many of his items and he quickly proved to be defensive and intractable to the extent that you cannot negotiate a fair price. He may have been reasonable once, but that would have to have been more than a year ago.
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Yes.

I think, unfortunately, this will be an issue his widow/kids end up dealing with. (If I had to guess, he’s in his early 80’s)

In person, he warmed up after a bit, and I spent probably 45 minutes to an hour chatting with him and his wife. He was quite proud of the work he was able to get done in a shop in their home, and rightly so.

If someone was going to have a meaningful conversation with him about the material and tools he has left, I suspect it’d be a similar sort of situation, not just a message with an offer.
 
Stuart Samuel said:
Yes.

I think, unfortunately, this will be an issue his widow/kids end up dealing with. (If I had to guess, he’s in his early 80’s)

In person, he warmed up after a bit, and I spent probably 45 minutes to an hour chatting with him and his wife. He was quite proud of the work he was able to get done in a shop in their home, and rightly so.

If someone was going to have a meaningful conversation with him about the material and tools he has left, I suspect it’d be a similar sort of situation, not just a message with an offer.
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true, but at this point in time is that person out there any longer?
 
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