Go Back  Quiltingboard Forums > Main > For Vintage & Antique Machine Enthusiasts
How do you determine the value of a machine? >

How do you determine the value of a machine?

How do you determine the value of a machine?

Thread Tools
 
Old 05-16-2012, 08:05 PM
  #1  
Member
Thread Starter
 
Join Date: May 2012
Posts: 2
Default How do you determine the value of a machine?

I'm trying to help a friend determine the value of her machine. I think that it is a 1922 Redeye? It looks like it's been modified with a Reverse/Stitch Regulator lever. It is an electric machine. She's putting the machine up for sale for a benefit and we don't really know where to go for information. I'd appreciate any help.
Elaine
Attached Thumbnails 149302_3369285947167_1119769066_32684223_1854941436_n%5B1%5D.jpg   392496_3369278666985_1119769066_32684212_1947425363_n%5B1%5D.jpg   531172_3369282027069_1119769066_32684218_850868690_n%5B1%5D.jpg  
ewhite is offline  
Old 05-16-2012, 08:21 PM
  #2  
Banned
 
Join Date: Dec 2009
Location: Enid, OK
Posts: 8,273
Default

very nice, but it is only worth what someone is willing to pay! In this condition with no book, no attachments, and in a cabinet, she might be able to get about $50-$75 for it!
jaciqltznok is offline  
Old 05-17-2012, 03:01 AM
  #3  
Super Member
 
Join Date: Mar 2011
Location: Central NJ
Posts: 5,570
Default

Just bought one of these myself last week! It's in a similar style cabinet that's in really rough shape. There is a manual but I haven't had a chance to see what else is in the cabinet yet. Maybe that will be today's adventure! I paid $50 and was very happy with that price. I'm looking to put this into a different cabinet anyhow so it's condition was irrelevant to me. The machine runs and that's about all I know at this point. And this was in MD. And I agree completely that anything's worth is only what someone is willing to pay!
NJ Quilter is offline  
Old 05-17-2012, 04:30 AM
  #4  
Junior Member
 
totosmom's Avatar
 
Join Date: Aug 2011
Location: Bedford Co, PA
Posts: 256
Default

Well, the first thing I would want to know is if it works. Does it sew smoothly and reliably? If it does, sew up a few small items and leave them on the machine as samples, maybe a pretty cloth napkin and a mug rug. I'd also list or show whatever accessories come with it. If there is no owner's manual, I'd download one and put it in a clear report cover. Everyone wants one of those.

Before the benefit, I'd clean and oil the insides as well as clean up the outside and the desk. Take care of those decals which are in pretty good shape. Craigslist and Ebay completed auctions will give you a general idea of asking and selling prices, but it's universally true that it is worth exactly what one person is willing to pay for it.
totosmom is offline  
Old 05-18-2012, 06:27 AM
  #5  
Senior Member
 
Join Date: Sep 2011
Location: Central NY
Posts: 859
Default

I would mark it $50 (or maybe $75) or BEST OFFER. Let people leave bids and the best offer gets it when the sale is over. It's worth what someone is willing to pay, which usually isn't much.
Wintersewer is offline  
Old 05-18-2012, 08:21 AM
  #6  
Super Member
 
Join Date: Apr 2007
Location: North Carolina - But otherwise, NOTW
Posts: 7,940
Default

Although most owners of antique/vintage machines seem to think they are worth $$$$++++, they actually are not. Most machines in fairly good condition, with some attachments and/or manual, will go for $30-75. In a cabinet, maybe a bit more, like $75-100. Some very popular ones, like the Featherweight 221 will go for more than $200, but that's a rarity.

I paid $60 for a late 1960s Singer Fashion Mate in a cabinet. But I gave the machine away and kept the cabinet, which was made in 1940's, and is kind of hard to find in good condition. It needs work, but I actually paid for the cabinet, not the machine.

Last edited by jljack; 05-18-2012 at 08:23 AM.
jljack is offline  
Old 05-18-2012, 08:41 AM
  #7  
Senior Member
 
Join Date: Sep 2011
Location: Central NY
Posts: 859
Default

And it's AMAZING what folks will ask for a machine/cabinet in terrible condition!!! They will describe it as "beautiful", "mint" and "rare".....must be on drugs!
Wintersewer is offline  
Old 05-18-2012, 08:48 AM
  #8  
Junior Member
 
Brynn's Avatar
 
Join Date: Mar 2011
Location: Pennsylvania
Posts: 206
Default

Everyone else seems to have covered the important bits, but thank you for coming to ask the 'experts'! We're the folk who would be interested in it and would pay a decent price, so it's great that you took the time to help your friend and try to find a reasonable price for the Red Eye. $50-$75 is about what I'd pay for it too.
Brynn is offline  
Old 05-18-2012, 10:34 AM
  #9  
Member
Thread Starter
 
Join Date: May 2012
Posts: 2
Default

Thank you all for this information! I had looked on ebay and was surprised by what seemed completely subjective prices. My friend will be selling this for a benefit so it seems that the best idea is to have people bid on it. It does work, and I'm thankful for the suggestion to have a sample of work available, Also I will download a manual, sadly there are no attachments found. It's a beautiful machine so hopefully my bid might win!
Again, thank you all for your help!
ewhite is offline  
Old 05-18-2012, 12:03 PM
  #10  
Super Member
 
Join Date: Aug 2010
Location: Slidell, Louisiana
Posts: 6,951
Default

Beautiful machine!
Latrinka is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Lena1952
For Vintage & Antique Machine Enthusiasts
10
12-26-2017 05:34 AM
txmerlin
For Vintage & Antique Machine Enthusiasts
13
11-27-2015 06:23 PM
bc320
For Vintage & Antique Machine Enthusiasts
10
06-14-2014 11:59 AM
thrums
Links and Resources
4
07-31-2011 09:05 PM
craftybear
Links and Resources
4
04-07-2011 04:41 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



FREE Quilting Newsletter