Absolutely true. I go out every day and work with many of the hand tools that belonged to my Dad, and which I learned to use as a child. Some of them belonged to his Dad, and some are older than that. Also passed down was the idea that you always buy the best tools that you can afford, and take good care of them. So for many people, those tools are a tangible connection with our ancestors.
If I got robbed, I could buy new tools. If I had enough money, I might even be able to buy tools of equal quality to my present ones. I could not replace the “Bell System” hammer that has my Great Grandfather’s initials burned into the handle.
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