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Key Factors Help Ascertain Dollar Value of Padlocks

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Times Staff Writer

Question: I have a fairly large padlock collection. What are some of the more collectible names that would give some of these pieces a higher dollar value?--F.E.

Answer: Company names that appear to attract a lot of collector interest include Wells Fargo, Winchester, Yale & Towne Mfg. Co., Eagle Lock Co. and Miller Lock Co.

Padlocks began being mass-produced in the United States in the middle of the 19th Century; more than 150 such firms have been identified by collectors.

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American-made padlocks seem to be the most popular among collectors, even though padlocks had been manufactured in Europe for a couple of hundred years before appearing in this country.

Iron and brass padlocks are considered among the most valuable. They should have company names on them to maintain their collectibility.

Some collectors specialize in specific lock companies; others look for subject areas, such as railroad padlocks.

Collectors say it’s not necessarily important to have a padlock’s original key, although this would enhance its value. But the padlock itself, they say, should be in reasonably good condition--that is, relatively free of rust and cracks.

Because valuable padlocks can carry price tags of $100 and up (although the beginning collector can find interesting padlocks for under $30), it’s a good idea to have an expert authenticate the one you’re interested in purchasing.

Desmond Leigh-Hunt writes: “I have nearly 100 new-car brochures for American automobiles dating back to 1952. I know there must be people out there with cherished 25- and 30-year-old cars who would dearly love to have the sales brochure that was printed when their cars were new. I’d like to sell them if I could.” Telephone: (805) 569-0741.

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