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Value of model steam engines?


Hi everyone. I am helping the widow of a dear friend who passed away last November. He had about 60...

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Old 06-29-2003, 01:20 AM
John Bushey
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Default Value of model steam engines?

Hi everyone. I am helping the widow of a dear friend who passed away last November. He had about 60 model and larger steam engines. We know little to nothing about them. I will be selling the smaller model ones, of which some are scratch built, many are Stuart Turner, some are Wilesco, and some are Weeden. How can I determine an approximate value? One example photo is shown below. They all have been run in the past. I'd appreciate any help. Thanks, John email me back at jbushey@cpinternet.com


http://www.cpinternet.com/~jbushey/no9h2.jpg
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Old 06-29-2003, 09:44 PM
Craig Anderson
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Default Re: Value of model steam engines?

The best way to test the market is to check eBay. There is an incredible amount of steam stuff at auction all the time and don't forget to check completed auctions for even more results. I think that would be THE way to dispose of the collection. If you have a digital camera OR a cheapy camera and scanner it's easy to get going. Craig
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Old 06-30-2003, 11:46 AM
Allen
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Default Re: Value of model steam engines?

Used models will require some patience and savvy on your part if you want to get the best return on them. The value depends a lot upon condition, desirability, originality, aesthetics, and even workmanship. Add on accessories like governors and feed pumps can add to the value, mismatched fasteners, missing parts and corrosion will reduce it. A BIG grey area is whether or not to polish bare metals. Most antiques people prefer the aged patina, many people with deep pockets like everything sparkling and shiny....IMO a bath in MILD detergent (like dish water (not the dishwasher)) or a wipe down with a damp cloth to remove dust & dirt and then a light re-oil is sufficient (but don't disturb loose paint on the vitage toys, let the buyer worry about it).

A purveyor, reseller, or dealer will give you quicker money, BUT you have to realise that the most an HONEST one will pay is 1/2-2/3 market value (He has to make something on them), a DIS-honest one may try to convince you he's doing you a favor by taking them. (watch out for the guy who offers what seems like too much for the common ones in a package deal, they are often trying to set you up to get the rarer pieces for a pittance (It happens, and some even brag about it). Antique dealers are generally useless unless it is in a price guide, though there are some who do regularly handle old toys.

ebay is a good start as far as it goes, except that you have to realise that a clear picture, and a good desription can make a major difference in price. You might consider setting up and selling at a show venue that features similar models, but you may well need a tax number to do that.
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