#16253
Wed Sep 18 2002 06:11 PM
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Joined: Oct 2000
Posts: 22
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OP
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Joined: Oct 2000
Posts: 22 |
Well this IS a forum - so my way.
I keep Jack's book (Will it always be known this way?) in my car. You just never know what you will find. Last week while traveling I stopped at a garage sale. The usual stuff, but sitting nearby - and not part of the sale - was a real nice Wayne 100-A. You know with the rotating reel for the hose on the side. I asked, "Is the pump for sale? Ans. "Maybe, it ought to be worth at least $200." I replyed, "Oh, I'll give you $200 (not really expecting that it was really for sale), but let's find out what it really is worth." I got Jack's book and together we looked at the picture on page 327. I identified myself as an antique dealer (small time), and said I could only afford a wholesale price if I expected to resell it - and I made an offer. They really didn't know if they really wanted to sell, so I said, "Well you know the book value and my fair (? I hope) offer. At least nobody will be able to take advantage of you." And I was on my way after a pleasant visit. Now four days latter I got a call and they accepted my offer - and I pick up the pump next week.
There are several points here. First, I really had no ideal what the pump was worth. Any interesting old pump ought to be worth $200, but having the book I had some hard knowledge. Second, by sharing the book I avoided the idea, "Well, wait until I find out what it REALLY is worth", response. So, I made a deal and somwhere down the line I will make a small profit. Importantly, thought another piece of Americana is saved.
Don't get me wrong, I like to haggle, but at my age I just don't want to cheat anyone. Bet, some of you heard of the ad "Chevy for sale, $300" and it turned out to be a Corvette? The owner was the mother of a deceased Viet Nam veteran in the version I heard.
So, Thanks Jack & all of you Petroliana fans.
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Please - NO offers to Buy or Sell in this forum category
Statements such as, "I'm thinking about selling this." are considered an offer to sell.
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#16254
Wed Sep 18 2002 06:50 PM
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Joined: Nov 2000
Posts: 7,791 Likes: 9
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Posts: 7,791 Likes: 9 |
Author, 1st & 2nd editions of Gas Pump ID book, 3rd edition is now available at www.gaspumpbible.comAir Meter ID book also available
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#16255
Thu Sep 19 2002 06:02 AM
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Joined: Jul 2002
Posts: 3,739 Likes: 87
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John:
Great way to do business. More people in the world should run their lives that way.
Maybe I need to try that tactic. I've got a guy just down the road from me that has a extremely rusty Wayne 60 that he thinks is worth a fortune. I've had to drive by it everyday for 15 years and lust after it. Since I really didn't know what its real value was when I stopped at his place years ago, I was unwilling to bargain with him when he poo-pooed my offer to purchase.
I've been meaning to order 'THE BOOK' since I talked to Jack at Columbus. I just haven't gotten around to it. Since Ive' got a dozen pumps sitting around waiting for restoration, I haven't been real motivated to getting any more. But I might be able to shake this one free from the guy if I could prove what it's really worth.
Thanks for sharing your tale. Keep on collecting.
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#16256
Thu Sep 19 2002 07:27 AM
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Joined: Oct 2000
Posts: 1,306 Likes: 32
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Excellent idea John! Tools are only as good as those that use them. I'll be packing my copy (in protective cover) on any flea market trips etc. Wish I had two copies!
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#16257
Fri Sep 20 2002 09:39 PM
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Anonymous
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Anonymous
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Great story!!A couple years ago I went to a yard sale, there sat a nice short Bowser. I asked and she said $200.00. I didn't have the money and thought it was out of line. A year later, I learned different. now the pump is gone and I wish I would of bought it.The point I guess is that you did great, fair, honest, and fun!!! Buy, Buy, Buy!!! Frank..
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