Price advice

[fstepanski]

Hi All,

The wife, of one of our recently past members contacted me about pricing information on her late husbands tools.

She has a NOVA 3000 8 speed Mini Lathe – with Talon and Vantage Chucks, large number of face plates, tool rests, a steady rest, and couple other related attachments. It is mounted on a Craftsman Drawer / Cabinet Unit. All are in VERY GOOD condition. She would prefer to see these as a whole.

I'm not familiar with he Nova 3000 8 speed and would very much appreciate some suggestions on it's value with the combined equipment.

In addition to the lathe and immediate gear above he had a couple sharpening systems (wet and dry), vacuum system, carving and turning gouges, etc.. Again all in very good and some never used condition.

I can look through multiple woodturning catalogs for tool prices, do you all think 60% of retail is fair value?

I don't believe she want TOP dollar, however I do not want to cheat her either.

Appreciate any thoughts / feedback.

Thanks in advance, Happy turnin'

Frank

 

[john lucas]

Frank I had the Nova 3000. With a bed extension I think I paid about $900 new. They are probably older chucks so I would guess around $150 or less each. Sharpening systems vary by a huge amount in cost so we would need to know more.

 

[n7bsn]

Frank, to compare look at the Nova 1624-44, it's the replacement for the Nova-3000 (not the Nova DVR-3000)

My swag would be $500, for ther LATHE

Oh, ya, I wouldn't call the 3000 a "mini", not with the ability to turn a 14 to 16 inch bowl.

 

[pencheff]

I can look through multiple woodturning catalogs for tool prices, do you all think 60% of retail is fair value?

If the gear is in good shape, yes, 60% is right on target.

 

[n7bsn]

60% of retail or 50% of MSRP, which ever "Feels Best" is my usual rule (when buying or selling)

 

[MichaelMouse]

My 3000, with a Super Nova, short rest and vacuum adapter cost me 700, and was worth every penny. It also came with the Woodcraft modular rest and a curved top. I quickly relegated that useless POS to the scrap heap.

The 3000 ran about 1200 in its day, not as cheap as the 16-24. Sixty percent would be about right. True antique iron, like a US-made unisaw, would command a higher percentage.