It looks to be worth around $550-700, but resale would be around $400, $250-300 lightly used, $250 used (a couple years), but if I commissioned somebody who was not a friend, I'd expect to pay $800-1100.
I say $400-$500 due to the custom work and real steel that will last longer than the thin stamped stuff.
Here's a cheap model similar for $258. https://www.homedepo...DC-DC/304909263
Since you gave measurements and materials if you paid $250-500 that seems reasonable to get exactly what you want! You may have paid more since the person is billed as an artist and not a laborer. That's all I got!
Would you take 50? Thats what I would ask if it was on Craigslist lol.
You would probably say "no" so I would say "55?" Just to be a butthead. If your looking for insurance value, I would just slap the 800-1000 on there that boss said!
If your looking to make more and sell them...I have no idea.
Here's why I asked: Before Mike left for Colorado we had a discussion about the modifications (repairs?) that you boys suggested. He claimed it to be worth over $400 as is, meaning no added grates, no coal tray, just exactly as he brought it. To make any profit he'd have had to add a percentage on top of that.
I told him it would be worth that IF he had the coal tray, a real exhaust stack, more grates, thermometer, etc....I pointed out a $400 OK Joe smoker of the same design including all the bells and whistles...though the guage of steel was undoubtedly NOT 1/8".
From your responses it looks like I'll have to call and admit he was right...