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Oct 14, 2023 22:24:49 GMT
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I think I would like a list of my own tools, perhaps for when the time comes that my Mrs has to get rid of them lol, and I wouldnt want her to sell them for £20 when they might be worth "much more"
I like to buy tools, not particulary expensive ones but ones that "will do", perhaps some of them might only have ever been used for one job, or a couple, and of course other tools for loads of jobs.
How would I start an inventory? anyone got any tips?
cheers!
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A spreadsheet itemising each cabinet/drawer/box is the answer for an inventory, but is time consuming before you start including pricing.
Personally, partly for memory but mainly for insurance reasons take a quick video of my "stuff" each time I have a tidy up (not that often). Any boxes/drawers that are similar have a number/letter and I just walk round pointing and talking for 5 minutes listing what's what. I also do a separate video for just a roll cab or something with lots of items I find two five minute videos more useful then one ten. You could do something similar and include values.
Pricing tools is also hard. For powertools you could write the purchase date and price on the case/box with masking tape, or a description of anything thats not obvious.
But if the situation arises will it be used. I find selling my own items I'm interested in a painful experience. Dealing with a loved ones collection I would prefer guidelines. What to pass down and sell individually, together or as a job lot. It would hopefully make the sentimental side easier.
Have you had a conversation about what Mrs RapidYellow would want to do, or how you would deal with her collections. I'd doubt whether you get £20 or £100 for something is at the front of your minds.
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Ideally, the different types of tools should be properly stored. In addition, they should be well described or even assigned to a specific place (cupboard) or shelf. The prices of tools vary, influenced by many different factors (some may be more sought after in a few years).
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Oct 15, 2023 13:17:18 GMT
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I don't think I will be needing the value of items, just lists of what I have.
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jamesd1972
Club Retro Rides Member
Posts: 2,838
Club RR Member Number: 40
Member is Online
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tool inventoryjamesd1972
@jamesd1972
Club Retro Rides Member 40
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I don't think I will be needing the value of items, just lists of what I have. Photos /video is the way forward - I take inventory photos for insurance every now and then after a full clean up. Pretty easy to get a google match on a photo if you need to but if you bought it you'd remember what it is and when you got it if you are anything like me ! We had to go with a different insurance company as the value for stuff in sheds exceeded the amount the cheap policy would cover. Something to watch for for sure. James
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bricol
Part of things
Posts: 282
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Oct 16, 2023 11:39:02 GMT
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If you want a decent price for your gear, you are going to have to sell them now.
In reality, your valued tools mean rather less to your other half/kids etc - they will just want them gone, unless they simply shut the workshop door and forget them. The last thing they will want to be doing is arguing with dealer over pricing, or listing hundred of items on ebay over several weeks and all the hassle of posting etc.
At least a scrap man should pay them some money - a house clearance man with a van will want paying.
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Oct 16, 2023 14:53:37 GMT
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If you want a decent price for your gear, you are going to have to sell them now. In reality, your valued tools mean rather less to your other half/kids etc - they will just want them gone, unless they simply shut the workshop door and forget them. The last thing they will want to be doing is arguing with dealer over pricing, or listing hundred of items on ebay over several weeks and all the hassle of posting etc. At least a scrap man should pay them some money - a house clearance man with a van will want paying. That is true for a lot of stuff, like furniture, knick-knack collections, etc not just tools. Stuff that we sought out, found in poor repair, replaced missing items and all the other things we do is often worth a lot more to us than it can be sold for. And that's before you allow for fashions to change; the Victorian mahogany table downstairs that Dad bought nearly sixty years ago has gone up and back down in value in that time. It's still a practical piece of furniture for a large room, but won't be an easy sale when the time comes to downsize. Anyone who has sorted through a dead relative's possessions will know that quickly and easily moving stuff on can be more valuable than getting cash for them. Insuring tools that you acquired over many years is a sensible thing to do, because you really don't want to have to replace them all in one go. And you can no longer rely on finding a replacement Record engineer's vice(for example) for £25 when you need one right now.
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bricol
Part of things
Posts: 282
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Oct 20, 2023 11:35:58 GMT
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I'm doing that right now - my mum is in a care home, so trying to clear out, sort out, everything - even clothes - are they now too big, do I keep them all, or just the new ones (I swear she either intends living to 200, or was going to start a shop!).
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