I'll buy anything I think I can make a heavy profit on. It pays for my hobbies. At one auction a self-proclaimed Bean Farmer from an up-scale winery area was bidding stupid on many items I wanted, but we still got 27 large lots. He and we were the last people loading, and he asked me how much I would give him for the 100 year old lathe that he could not fit on his trailer. It was a 12x 36 Monarch Conehead that had been modified to chain-drive, giving one speed, later found to be 85 RPM. He had just paid $350 plus a 15% fee for it. After that passed me by I bought good condition 10 inch Atlas with tooling for $80. Being the reasonable man I am, I offered him the $100 I had bid and he took it, and I later traded it for something else to a friend. He also spent over $500 on an old 1930's cabinet style spark plug tester/cleaner in good condition that he could not haul. I gave him $80 for that one and later got fair market value of $200. I hope I see him again next weekend!
This post was edited by ObsoElitist at 10:02:02 02/01/15 4 times.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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