Did I spend too much on this plane?

As for the value, rehab it and use it. That makes it worth the price. As for the flaw, I can’t see it.

Yes, you over paid.

-- Google first, search forums second, ask questions later.

I agree with Mike.

Every single person who has spent any time at all collecting and restoring planes has overpaid for one (or more) at some point, so you are in good company. Sometimes you miss something in evaluating the tool or, as in this case, buy on speculation rather than knowledge. Some of those work out, other times you end up taking a hit. It’s part of the learning process and if all it cost you is $27, that’s a pretty cheap lesson. I would think a fair price for a 101 in that condition would be $10-15, so you’re really only down about $10.

Now you have a 101 that needs cleaned up and made into a user—those can be very handy tools. I use mine for breaking edges and doing small chamfers. I’m also not sure what casting flaw you are talking about, but don’t see anything that prevents you from putting it to use after a good cleaning, tuning and sharpening.

-- https://www.jtplaneworks.com - In theory, there is no difference between theory and practice. In practice, there is.

NO. You did not overpay.
Anyone that says YES, then buy there tools. They never sell them at low prices !
I collect all kinds of planes, I typically will pay $25 for any block plane.

I wouldnt sell ANY of these for less than $30 EACH,

-- "My mission in life - make everyone smile !"

Jayt hit it dead on, there has been more than one time after i had the plane i asked myself why did i buy this for that price. if you use it for many years to come it was worth it.

If an American buys a Canadian’s plane priced at $30, he will pay only $22.53 US for it.

If a Canadian bought that #101, he would pay $35.96 CAN for it in Ohio.

Apples n’ oranges, y’know.

-- Einstein: "The intuitive mind is a sacred gift, and the rational mind is a faithful servant. We have created a society that honors the servant and has forgotten the gift." I'm Poopiekat!!

Yep, JayT said it. We all pay for an education. Education is only free in california. Wait….... that’s not right either!!

-- http://timetestedtools.net - Collecting is an investment in the past, and the future.