Am I imagining things, or are the prices of planes going up?
I have been pondering this possibility for a while now. I think the online dealers prices have been slowly creeping up over the past couple of months and while the typical eBay junk is still the same, the eBay dealers prices are also climbing a bit. I thought maybe it was my imagination, but after having a gander at Leachs preverbal tool list this morning, Im starting to waver between possible and probable.
Heres a few examples that have caused me to firm up my opinion a bit...
ST12 #2 smoothing plane; a cleaned ca. 1900 example, with a 1930s iron, a no-harm bruise at toe, lever cap is a #3 ground narrower to fit the plane, its a solid worker in all regards, and priced for someone who doesnt wish to pay the MSRP of a pristine example; top right: http://www.supertool.com/forsale/jan/t17.jpg - $175.00
I also came across one of these on eBay this morning that was a tad rough around the edges, but over-all not a bad type 7 that an eBay dealer was selling for $295.00.
I have two of these, both bought from dealers and both graded on the cusp of excellent-workers and good-collectors. One I paid $45.00 for and the other, $125.00, both within the last 5 years.
ST68 #7 jointer; a type 11, with all original parts, made ca. WWI, no damage, nicely cleaned, 90% japanning, all it needs is honing; bottom: http://www.supertool.com/forsale/jan/t128.jpg - $185.00
I bought a type 7 three years ago from a dealer for $175 and its condition is so good, I thought it was still under warranty.
As an aside, Patrick had one listing that really firmed up my decision to never buy a No.1...
ST51 #1 smoothing plane, damage, offered for parts; the nose section snapped off, it has a good "STANLEY" embossed lever cap, sweetheart logo iron and cap iron, and frog; top of tote is gone; the front section can be ground clean to make it a chisel plane, or you can grab parts off it for your plane; top left: http://www.supertool.com/forsale/jan/t107.jpg - $345.00
A couple of years ago another dealer had a box for a No.1 listed for $1400.00 - just the box. Now Patrick has the back half of one listed for $345.00. I get the rarity of this plane is what drives the price, but still...sheesh. The only reason it is rare is that no woodworker worth his salt wanted one of these silly little things when they were new.
By the choice, if you arent getting them already, you can sign up to receive Patricks SuperTool monthly lists by emailing him at leach@supertool.com.
So is it possible that plane prices are creeping up? Im still not sure because that isnt supposed to happen. There has been an unbelievable number of vintage planes that have been dumped on the market over the past few years, mainly coming from collectors who are liquidating, or from their heirs who want nothing to do with a bunch of old tools. When supply outstrips demand, prices fall, so how can inflationary prices exist in the market? If it is happening...cool.
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