P & O cutout

[jimwrench]

 I really wanted a IHC 770E at auction today. I thought $350 would be a fair price but it brought $750.(I didn't bid and embarass myself) My fallback position was a bid on a Zenith cutout;it sold for $300(it would have brought more but I quit bidding) Second place at an auction has no redeeming value except it saves you money. Did stumble upon this little 1338 P & O cutout and it followed me home.

[jimwrench]

photos

[rusty]

The Rolls Royce of hubcap wrenches don't go cheap ; P

But at least you went home with something, it is very depressing to spend 3 hours at an auction and leave with nothing ;....

[Stoney]

Nice cutout JimWrench. I once attended an equipment auction looking for a 3 point hitch 2 pan plow.  They only had 1 and it was at the end of a row.  The auction was working 2 trucks and when the truck pulled in to start the row with the plow, they shut the truck down and got out of the truck.  I asked them why and they said that because the crowd was thinning they were going to 1 truck.  It was after 9:00 pm before they got to the plow and it was the last thing that they auctioned off. The most I was willing to pay was $250.00 and the opening bid was $350.00.  Talk about be disgusted.

[Wrenchmensch]

We don't get expensive cutout farm wrenches in our local auction. There is less wear and tear on us wrench collectors as a result.  The only downside is that wrenches are sprinkled around in various boxes by the auctioneer, so you may get a Herring Chisel, a Klein automatic nut driver, etc. along with the wrench you hanker for. Winning embarrassments of unwanted riches I don't need, so I tend to avoid auctions.  It's either that, or throw out the stuff I don't want and that goes against my principles. 

[Wrenchmensch]

But at least you went home with something, it is very depressing to spend 3 hours at an auction and leave with nothing ;....  Rusty

Been there, done that.  I've attended two high end tool auctions, e.g. conducted by prestigious auction houses or prestigious tool associations using prestigious auctioneers, where after an hour it turned out there were only a few wrenches to be sold and a whole lot of wood planes and chisels, a.k.a. slicks, gouges, saws, drills, etc.  Talk about disappointing!~  I derived several insights from this kind of experience. One, Martin Donnelly always has more wood working tools to sell than he has collectible wrenches. Two, there are a large number of woodworking tool collectors out there (I only know of 6 or 7, personally).  Three, some woodworking tool collectors envy wrench collectors because we collect just one tool category (I have been told this by a friend who owns a large volume of 18th century signed planes and a number 1 Stanley, various slicks, etc.). Four, there are more wood trim planes out there than there are interesting wrenches possibly because few can use one of those planes today, but anybody can pick up and use a wrench, (which is not always a good thing).

[Wrenchmensch]

Cutout cognoscenti crow ceaselessly concerning the greater value of having the 1338 on the backside of the wrench, as yours is.  Great find!

[Papaw]

Good alliteration, Bob!