Any news on the new owners of tesoro yet ?

[RW]

It would be extremely tough for anyone who bought the company to remain afloat and still honor the lifetime warranty. Have to be thousands and thousands of folks who can prove original buyers and who's decision to buy was heavily based on the warranty. I don't see a comeback. Either way, my Golden uMax gets used on 4 out of 5 trips over the Deus. Tesoros paid for the Deus and other machines and accessories as well. But, if XP came out with a 3"x18" coil my Tesoros would probably be in the classified section. Maybe.

 

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[civil_war22]

I almost wonder if the units that are in storage that there may be some legal issues at the moment. I wish someone would purchase the company, and re-open it up. It was one of the most trusted, friendly companies I’ve dealt with. I still kick myself in the rear for getting rid of the last one I had. I no reason to sell it. Just didn’t use it

 

[CoinHunterAZ]

My wife won't let me sell my Tesoro. She loves using it and loves the fact that she can just turn it on and go, so simple to use. She's found some awesome stuff with it too.

 

[roaddust66]

I am buying other brands now but will always carry a Tesoro with me to use for certain uses

 

[Treasure_Hunter]

Sandman, next time you call a member a liar you lose the right to post for awhile.

You and Jason both please end the animosity towards each other in the forums now.

 

[Jason in Enid]

There is no animosity from me.

 

[civil_war22]

I’d venture to say that any remaining stock from before they went out of business will be sold off to either just individuals or a company like a pawn shop where they could unload them off on people relatively easily. My only issue is that it could turn into the whole Pontiac craze where they no longer make them, and anything classic Pontiac is now triple the value. I hate to see Tesoro, and it’s folks hit the unemployment line, but when nothing changes after so many years, and the advent of new machines with ID displays which a lot of folks now want then I can see where the lack of new designs would shut them down. They’re no different than some automotive manufacturers, in that they do have a track record of quality products, but along with that should come some new machines to out perform the competition, or at best some of their other machines. Garrett isn’t going anywhere because they have the god father of prospecting, and metal detecting behind their name, and the AT Series while it’s a great line, their prices for those machines like the new ATX is quite high.

 

[Jason in Enid]

I’d venture to say that any remaining stock from before they went out of business will be sold off to either just individuals or a company like a pawn shop where they could unload them off on people relatively easily. My only issue is that it could turn into the whole Pontiac craze where they no longer make them, and anything classic Pontiac is now triple the value.

Earlier, Terry said that someone bought all the stock they had left sitting in the factory. I bet the person who bought them got them for a very good deal, and is probably hoping for exactly the scenario you mentioned. The really good thing about the Tesoro detectors is that they were made very robust and simply, so they should last a long time and be perfectly fine down the road. The possible down side is that most of the Tesoros in use today will still be working for a long time.

 

[civil_war22]

Earlier, Terry said that someone bought all the stock they had left sitting in the factory. I bet the person who bought them got them for a very good deal, and is probably hoping for exactly the scenario you mentioned. The really good thing about the Tesoro detectors is that they were made very robust and simply, so they should last a long time and be perfectly fine down the road. The possible down side is that most of the Tesoros in use today will still be working for a long time.

Reason I said the part I did about them trying to possibly make a few dollars extra like Pontiac did was because like you said, people know those detectors require little if any upkeep. There is no software upgrades, or issues of that nature like other machines, just a simple turn on, GB, and go machine depending on which one you had

 

[jmaryt]

While it may be true that Tesoro hadn't introduced any "new technology" in many many years, somehow their old technology still rivals the best "new" technology from other companies. Tesoros can go as deep as or deeper than detectors from any other company (especially any detectors in the same price range), and their discrimination can be just as good. And even with the supposed ongoing miniaturization of everything in modern products, Tesoro control units are STILL smaller and lighter than those of most other detectors as well.

Where Tesoro stumbled was never updating their solid inside-the-box technology with any spiffy new user features or designs. So even as of last year their machines looked and acted identical to Tesoro machines from the 1990s. If they had continuously improved minor issues and deficiencies in the ergonomics of their design, they could have kept pace with the big boys without ever needing to come up with any "new" technology at all.

A good comparison would be with Apple Macintosh computers. Their operating system (MacOS) is based entirely on a Unix version which was finalized in 1974 (!!!) and not fundamantally altered in any way since. And Apple's version of the Unix-based OS was introduced in 2001 -- 18 years ago. To this day, all MacOS is, throughout all its updates, is merely a pretty window-dressing on a piece of software that has remain essentially unchanged since 1974. And yet it is deemed by many to be the most user-friendly and "modern"-seeming computer operating system. Even if its fundamental "technology" is veritably ancient.

Tesoro could have done the same thing: taken its 1990s technology and made ever-better window-dressing improvements on its user experience, without ever needing to "invent new technology." If they had, for example, installed a small bluetooth antenna to allow for remote wireless headphones; installed a volume-control knob; improved the look/feel of the faceplate and all its knobs; simplified ground-balancing; shrunk down the size of the control unit even further and then advertised itself as the world's lightest and smallest detectors; etc. etc. etc., then they could have carved a solid segment of the market for themselves and attracted lots of new customers.

Alas, they did none of that, and paid the price. But the circuit-board designs for their hardware still exist somewhere, and the brand name still has some cachet. Maybe the remnants of the company aren't worth a whole lot physically or as intellectual property or as a brand name, but they're worth something. At this stage it's probably too late for anyone to buy up the remains of Tesoro, but I think that if any company (or individual) ever did, they could easily resuscitate the brand and make it successful again.

it is possible that "working capital" may have been the issue.even up dating "minor" issues with detectors requires
throwing money at them! ..i'm just sayin'

(h.h.!)
j.t.

 

[jmaryt]

Earlier, Terry said that someone bought all the stock they had left sitting in the factory. I bet the person who bought them got them for a very good deal, and is probably hoping for exactly the scenario you mentioned. The really good thing about the Tesoro detectors is that they were made very robust and simply, so they should last a long time and be perfectly fine down the road. The possible down side is that most of the Tesoros in use today will still be working for a long time.

this is true! practically gotta pitch 'em out of a plane to break 'em! solid state electronics!..keep 'em dry
away from extremes of hot and cold, should last indefinitely! ..i'm just sayin'

(h.h.!)
j.t.

 

[civil_war22]

it is possible that "working capital" may have been the issue.even up dating "minor" issues with detectors requires
throwing money at them! ..i'm just sayin'

(h.h.!)
j.t.

People don’t realize that boards aren’t cheap, repairs under warranty doesn’t pay all that well because the techs have to get paid for basically all work done under warranty, and all parts put into it that went bad are free parts. I’ve fixed numerous issues on my Tesoro’s before, simply because they were very easy to work on. I replaced some Potentiometers on mine, and some of the battery compartment parts

 

[HighVDI]

As I read this thread I just keep reminding myself how much I enjoy using my Tesoro machines!

 

[civil_war22]

As I read this thread I just keep reminding myself how much I enjoy using my Tesoro machines!

As I keep reading it, it reminds me how much I miss mine, and I’m going to be on the lookout for one

 

[Mojave1]

If the guy who bought the detectors thinks he is going to double his money he could be in for a rude awakening. Big Boys Hobbies still has several new Tesoro's in stock and they seemed to have hit a wall. There are hundreds of used Tesoro's in peoples closets that are probably in mint condition that will probably hit Ebay one day.

 

[Carl-NC]

Ahh, no.
Put them back on their feet again.
Give them a second bite at the apple.

The fundamental problem with Tesoro was a lack of engineering continuity. Jack Giffird was the engineer when he ran the company, and was a damned good detector engineer. When he left there was no one who had been groomed to step into that role. Ergo, lots of paint jobs but no new designs.

Added to that problem were two likely disinterested sons who took the reins. James left the company, I heard to be a chef & run a restaurant. Vince let it coast, likely until revenues couldn't pay the bills.

If there was to be an effort to resurrect Tesoro, it certainly shouldn't involve the same people. And it would absolutely require a top-notch detector engineer. I am not aware of any unemployed top-notch detector engineers.

 

[Real of Tayopa]

hello Carl, long time since we sparred. Some of my statements were asinine..

 

[SanMan]

Sandman, next time you call a member a liar you lose the right to post for awhile.

You and Jason both please end the animosity towards each other in the forums now.

Fair enough, But what is my come back when someone flat out doesn't tell the truth,....
and posts a false statement concerning my saying something that I didn't?

And the proof of it is written right here in black and white?

I'm not a unicorn and rainbow guy.


I'm not gonna send the guy flowers for being untruthful.

 

[Treasure_Hunter]

Fair enough, But what is my come back when someone flat out doesn't tell the truth,....
and posts a false statement concerning my saying something that I didn't?

And the proof of it is written right here in black and white?

I'm not a unicorn and rainbow guy.


I'm not gonna send the guy flowers for being untruthful.

Please post by our rules, there is link in my signature line. You can have discussions with out insulting or attacking members.

 

[Honest Samuel]

I believe that Kellyco ran out of their stock.