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Thread: Need help pricing carving tools

  1. #1
    Join Date
    Feb 2007
    Location
    Harrison Arkansas USA
    Posts
    279

    Need help pricing carving tools

    Can I get some help pricing these to sale locally or on the forum, I purchased them a couple of years ago at an estate sale and really have no use for them. Maybe priced per picture and a price for the total lot with carrier.

    Thank you. Floyd


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  2. #2
    Name brand carving tools generally hold their value because there's not a lot of difference between a used tool and a new tool. But you have to find someone who wants the particular selection of shapes you have. Also, from looking at your pictures, a lot of your tools are palm tools and many carvers prefer standard handle carving tools - so you have to find the right buyer.

    Because of that, I'd recommend you start at about 60 to 70% of today's new cost. For standard handle name brand carving tools, I'd recommend 80%.

    If they don't sell at your initial asking price, gradually drop the price and eventually you'll find a buyer.

    Mike
    Go into the world and do well. But more importantly, go into the world and do good.

  3. #3
    Join Date
    Feb 2007
    Location
    Harrison Arkansas USA
    Posts
    279
    Mike thank you for the reply, I was thinking $500.00 for the lot that would be $10 for each of the 49 tools and $10 for the carrier plus around $25 for shipping $525.00, Dose that sound fair?

    Quote Originally Posted by Mike Henderson View Post
    Name brand carving tools generally hold their value because there's not a lot of difference between a used tool and a new tool. But you have to find someone who wants the particular selection of shapes you have. Also, from looking at your pictures, a lot of your tools are palm tools and many carvers prefer standard handle carving tools - so you have to find the right buyer.

    Because of that, I'd recommend you start at about 60 to 70% of today's new cost. For standard handle name brand carving tools, I'd recommend 80%.

    If they don't sell at your initial asking price, gradually drop the price and eventually you'll find a buyer.

    Mike

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