Here’s something sad that isn’t new – often, the parts are worth more than the whole. Case in point – I bought a couple of really cool old items recently – a 1940s National Cash Register and a 1920s RCA Victor 5 Band World Radio.
I’ve tried to sell both at numerous prices – but with no luck. I tried to sell them high at the price that the pieces are worth when parted out and then, because I hate tearing cool things apart – I tried to sell them at just about the price I bought them for – which is roughly 25% of what they part out at.
They wouldn’t sell. Too big, too heavy, and folks just don’t have the room they used to have. All those McMansions are being sold as boomers realize they don’t want to climb stairs every night or mow an acre of grass in the front yard. They’re selling their furniture, selling their collections, and selling the collections they inherited from their parents. The younger generation doesn’t have the money or the space.
So, I’m going to destroy these cool old machines. I’ll sell the RCA Victor tubes for $20 each and the keys of the old cash register for $2 each – I’ll pull out the cool old dial from the radio and the bakelite knobs and then convert the cabinet into a bookshelf. I’ll scrap the guts of the register for about $30 more and paint the whole thing red and slap a coke label on it and sell it to someone for $35 which is the last price I tried to sell it for.
I’ll quadruple my investment even when you figure in the time spent pulling these cool old machines apart – but it sure seems like a shame to do it.