$75.1 million
Posted on 01/31/2022 2:35:19 PM PST by rightwingintelligentsia
ATikTok video has gone viral after an antique store was caught selling a brass swan trio for $220 that had a Goodwill tag on it for $8.99. The viral video has garnered over 2 million views in just four days.
TikToker @angelmunoz90, or Angel Munoz, posted the video to the social media platform with the caption, "#brass #thiftshop #thriftstore #thriftstorefinds #bruh #pricegouging #swan." The short 20-second clip began with the TikToker walking down a checkered path, revealing he was walking around in a thrift store.
Then he walked up to a trio of brass swans on the ground. "Oh look, there's a brass swan," he said. He checked the price tag of one, which revealed the price for the "brass swan family," which included all three, was $220 in total.
Then the TikToker flipped the same brass swan over while saying, "Well I bet it has a cool history or something, or like it was hand-made...Or they bought it from Goodwill for $8.99." On the bottom of the swan is an $8.99 price tag with Goodwill's name on it. The TikToker put the swan down, saying, "Nevermind."
--snip--
The viral TikTok has 194,000 likes and over 1,700 comments. The content has ignited a debate among viewers.
A lot of people don't seem happy about the discovery. A TikToker revealed "this is why" they "don't thrift anymore."
One TikToker didn't mince words about their feelings. "Resellers are destroying most hobbies and markets right now," they said.
Another person simply wondered, "Why didn't they at least take the tag off?"
Others had comments like, "And just like that, I'd walk out," and "It's called greed, bottom line."
(Excerpt) Read more at newsweek.com ...
There are plenty of items where the prices are way up. Those who pick and resell know which items these are - it is their business to know the current market.
Exactly... If someone is dumb enough to pay unreal prices for junk then good on the seller.
I watch a reseller who shops Good Will a lot and resells at a decent profit online. She really works at it. She often comes across items that I have in my depression glass collection. My collection will probably end up at Good Will because my kids have zero interest in owning it. It’s sad but times have changed.
I like watching that show.
If you are having a yard sale or donating items, it’s best to do a search and see if those items you are getting rid of are something that collectors are interested in buying.
We have all heard the stories of “yard sell painting(bowl, lunchbox, old video game etc) purchased for $30 sold for 20,000 dollars!”
Maybe the reseller knew that those particular items were hard to find and asked a high price in order to meet the demand. He did nothing wrong.
Supply and demand always works for both buyer and seller.
Even worse are dealers who fail to remove the little Made in China sticker on the bottom.
Yes, none really. Which then leads to the real purpose of this story...
In other news, with $7T in recent spending the world's FIAT currencies are about to collapse, WW3 about to break out in Ukraine, or Taiwan, or Iran/Israel, and 85,000 trucks in Ottawa will next head to DC.
Details at 11.
I found a poster signed by the entire cast of some Broadway musical my daughter likes. I think they wanted $10. I figured she’d be thrilled so I went to buy it. The owner looked and said “Not for Sale.” He probably realized it was severely mispriced.
No, but somebody did! Only thing I have ever found of value is when my dad passed a few years ago. He had cash stashed in a hundred different places. I literally boxed up everything and still need to go through it again. Hopefully it wasn’t in the floor boards.
“It’s not like she swindled an old lady by paying peanuts for an item she knew to be very valuable.”
I knew an old guy and the antique store guy saw the old fishing poles he had piled up in the corner and wondered if he could by them. My friend said “How about a trade for that coat rack I saw in your store?”
Deal.
I have no idea what the coat rack was worth. But the pile of old fishing poles included several split bamboo fly rods that were his father’s, dating back to the early 1900’s I’m guessing.
I didn’t have the heart to tell my friend he probably got ripped off.
So if I know the value of an item and Goodwill doesn’t, I’m just supposed to accept someone’s opinion of a “reasonable” profit????? Nah, I’ll stick with the free market......
It’s not like selling influence in the Ukrainian gas market.
Manufactured outrage.
I used to flip $2 NFL shirts from the Salvation Army for $15 on ebay. This isn’t new... but you should take off the old tags.
I would say about 60% of my thrift store regulars are resellers. They keep us in business, we get to pay our employees, help the homeless and keep those resellers making money. We typically price things low so they will move. We also have an e-commerce team which I lead and we flip things like hotwheels and video games, action figures, toys, electronics for more money on the web. All of it goes to the mission.
I recently sold 24 redline hot wheels for 1200 bucks. Some things I really can not believe what people donate.
“””video has gone viral after an antique store was caught selling a brass swan trio for $220 that had a Goodwill tag on it for $8.99”””
How obscene!!!! I demand that the United States Congress immediately pass a law forbidding such practices!!!!
“No, but somebody did! Only thing I have ever found of value is when my dad passed a few years ago. He had cash stashed in a hundred different places. I literally boxed up everything and still need to go through it again. Hopefully it wasn’t in the floor boards.”
Many people who lived during the Depression (the one in the 30’s, not Obama’s shallow, extended version) did this. My godmother found money (thousands) left by her mother around the house for years after her death. Taped under drawers is a perennial favorite.
I and my wife are both retired professionals (pharmacist and she a computer engineer). We also have an antique store to keep us busy. We do prowl the thrift shops etc. On occasion we find things that are much under priced to their true value. We buy them and we then sell them.
Once in a bag of costume jewelry we found a valuable diamond ring. That was a good day. It takes time and patience and knowledge to do this. We have also sold things at far less than their value of which we determined later.
It is called business.
What is their point?? Antique dealers aren’t allowed to find a good deal and resell it for more? I know an antique dealer who checks out thrift stores and various garage sales...that’s just smart! Leaving the Goodwill tag on is not as smart...but still not worth anyone caring.
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