Current value of silvey SDM4 and Silvey pro sharp.

[Christopher Judd]

I’m considering selling my silvey grinders. Shop guy at Madsens said he has seen nice sdm4s go for $3000. He wouldn’t guess at a price for my pro sharp because he’s never seen one sell. Not a lot of info on the internet for comparables because they are so rare. Just looking for some input before I post them on Craigslist and marketplace

Thank you
Chris

 

[singinwoodwackr]

Contact the guys at West Coast Saw

 

[Duane(Pa)]

I’m considering selling my silvey grinders. Shop guy at Madsens said he has seen nice sdm4s go for $3000. He wouldn’t guess at a price for my pro sharp because he’s never seen one sell. Not a lot of info on the internet for comparables because they are so rare. Just looking for some input before I post them on Craigslist and marketplace

Thank you
Chris

That Pro Sharp is MINT! Worth a pile of money. Nothing approaches the precision (imho). I would spend a few hours on the SDM to clean it up for top dollar. People on the east coast almost never get a crack at either model since most are still hanging in the PNW. GLWS

ETA Whatever you do get cash! The world is full of bad mfrs.

 

[singinwoodwackr]

That Pro Sharp is MINT! Worth a pile of money. Nothing approaches the precision (imho). I would spend a few hours on the SDM to clean it up for top dollar. People on the east coast almost never get a crack at either model since most are still hanging in the PNW. GLWS

ETA Whatever you do get cash! The world is full of bad mfrs.

Might be fun to watch an eBay auction…start at $4k and see what happens

 

[Bill G]

Might be fun to watch an eBay auction…start at $4k and see what happens

I agree that eBay has the widest audience of tire kickers and potential buyers, but simple economics must be considered. You must look at the eBay fees and taxes. The final value fee on eBay is 13.6%. They also charge the buyer sales tax, which of course varies by state. It looks like in Idaho your sales tax varies from 6% to 9%. In Illinois our sales tax ranges from 6.25% to 11%. The tax where I am at is 8.5%. For my calculations I will use 7% because not all states are as greedy as Illinois. I realize agriculture and forestry products are sales tax exempt in some states. In Iowa and Illinois, they are tax exempt but somehow eBay will not accept my ST-587 form.

Something that some may not realize is that eBay charges the 13.6% fee on the total sale. They charge it on the purchase price, the shipping, and the sales tax. To make it hurt even worse they charge sales tax on shipping costs. They also charge a $0.40 insertion fee if the item sells even if it was under the free listing limit. To make matters even worse if you sell more than $600, they will report it to the IRS, and you will receive a IRS-1099. Of course, many file those in an appropriate receptacle.

Let’s do some calculations.
Item sells for $4000
The shipping is $150
Total selling price is $4150
Sales tax of 7% ($4150 x 7% = $290.50)
The buyer pays $4440.50 to eBay
eBay charges the seller 13.6% on $4440.50 which equals $603.91
The seller gets $3836.39 from eBay but out of that he/she must pay the shipping of $150.
That leaves the seller with $3686.59 and the buyer paying $4440.50.

 

[Duane(Pa)]

I've bought exactly one grinder that didn't arrive damaged. A factory new Simington. Packed in expanding foam which took me 30-40 minutes to cut free. I guess the point is, local sales rule the day for grinders. Shipping just plain sucks.

 

[Bill G]

I agree that eBay has the widest audience of tire kickers and potential buyers, but simple economics must be considered. You must look at the eBay fees and taxes. The final value fee on eBay is 13.6%. They also charge the buyer sales tax, which of course varies by state. It looks like in Idaho your sales tax varies from 6% to 9%. In Illinois our sales tax ranges from 6.25% to 11%. The tax where I am at is 8.5%. For my calculations I will use 7% because not all states are as greedy as Illinois. I realize agriculture and forestry products are sales tax exempt in some states. In Iowa and Illinois, they are tax exempt but somehow eBay will not accept my ST-587 form.

Something that some may not realize is that eBay charges the 13.6% fee on the total sale. They charge it on the purchase price, the shipping, and the sales tax. To make it hurt even worse they charge sales tax on shipping costs. They also charge a $0.40 insertion fee if the item sells even if it was under the free listing limit. To make matters even worse if you sell more than $600, they will report it to the IRS, and you will receive a IRS-1099. Of course, many file those in an appropriate receptacle.

Let’s do some calculations.
Item sells for $4000
The shipping is $150
Total selling price is $4150
Sales tax of 7% ($4150 x 7% = $290.50)
The buyer pays $4440.50 to eBay
eBay charges the seller 13.6% on $4440.50 which equals $603.91
The seller gets $3836.39 from eBay but out of that he/she must pay the shipping of $150.
That leaves the seller with $3686.59 and the buyer paying $4440.50.

Well I screwed the math up on that

 

[srcarr52]

I've bought exactly one grinder that didn't arrive damaged. A factory new Simington. Packed in expanding foam which took me 30-40 minutes to cut free. I guess the point is, local sales rule the day for grinders. Shipping just plain sucks.

I've been using the expanding foam packs when shipping grinders.

 

[singinwoodwackr]

I agree that eBay has the widest audience of tire kickers and potential buyers, but simple economics must be considered. You must look at the eBay fees and taxes. The final value fee on eBay is 13.6%. They also charge the buyer sales tax, which of course varies by state. It looks like in Idaho your sales tax varies from 6% to 9%. In Illinois our sales tax ranges from 6.25% to 11%. The tax where I am at is 8.5%. For my calculations I will use 7% because not all states are as greedy as Illinois. I realize agriculture and forestry products are sales tax exempt in some states. In Iowa and Illinois, they are tax exempt but somehow eBay will not accept my ST-587 form.

Something that some may not realize is that eBay charges the 13.6% fee on the total sale. They charge it on the purchase price, the shipping, and the sales tax. To make it hurt even worse they charge sales tax on shipping costs. They also charge a $0.40 insertion fee if the item sells even if it was under the free listing limit. To make matters even worse if you sell more than $600, they will report it to the IRS, and you will receive a IRS-1099. Of course, many file those in an appropriate receptacle.

Let’s do some calculations.
Item sells for $4000
The shipping is $150
Total selling price is $4150
Sales tax of 7% ($4150 x 7% = $290.50)
The buyer pays $4440.50 to eBay
eBay charges the seller 13.6% on $4440.50 which equals $603.91
The seller gets $3836.39 from eBay but out of that he/she must pay the shipping of $150.
That leaves the seller with $3686.59 and the buyer paying $4440.50.

When eBay figured out that we were making a few cents on shipping our items, over the selling price, they decided to end that, run with it and increase their margins 3 fold .
Buyers and sellers both got screwed.

I miss the old days…

 

[singinwoodwackr]

When I sold the Simington I had I asked the guy about shipping the stand which was going to cost a bunch. I asked him if he could weld.
I cut it up with the plasma for easy rewelding and it all fit in the same medium sized box with the grinder. Problem solved, lol

 

[Christopher Judd]

Well I listed it on eBay, got a local guy I used to work with that might buy it in the $3k range if eBay doesn’t work out.

https://ebay.us/m/olNmDb

 

[singinwoodwackr]

Well I listed it on eBay, got a local guy I used to work with that might buy it in the $3k range if eBay doesn’t work out.

https://ebay.us/m/olNmDb

Yea, gonna add that to my watch list, lol

 

[Bill G]

When eBay figured out that we were making a few cents on shipping our items, over the selling price, they decided to end that, run with it and increase their margins 3 fold .
Buyers and sellers both got screwed.

I miss the old days…

I miss the old days of eBay also. I started selling saws, bars, chains,etc on there in 2000. In those days I was able to put my email address and my phone number in the listing. That made it easier to communicate with folks. Of course in those days they charged a listing fee but the final value fees were not bad. As you know back then they did not charge any fees on the shipping and they did not charge the buyer sales tax.