Posted on 01/31/2022 2:35:19 PM PST by rightwingintelligentsia
So don’t buy it or get to the goodwill before they do. I once bought something at a goodwill for 6.99 that I sold on eBay for over 100 bucks. I love to tell that story.
Exactly!
Bargain Hunters of
Storage Wars has made Big
Money doing This.
I used to buy Renee’s stuff
in Poway where he had a Storefront.
His Wife is a Joy!
The maximum value in any market is determined by the market’s least astute participant
Well what about the guy who finds an old painting in the garage and auctions it for $9.3M because unbeknownst to its original owner it was a lost Rembrandt.
Now that’s greed for ya.
Actually sometimes by the most astute participant when the market prices something at far below its intrinsic value. Great fortunes get made that way.
Have picked up other books for pennies and sometimes for free that turned out to be worth quite a bit.
Nothing wrong with doing this.
People spend hours combing through thrift stores, garage sales, estate sales to find something they can resell.
Whiny baby CCP website user needs to just deal with it.
No difference here between a thrift store and picking items for resale from estate and garage sales. What a pathetic story.
Sometimes people know the value of things that others don’t; capitalism rocks!
My best thrift-to-resell was a 33 1/3 record album that I picked up at a thrift in NC for $1.00. I just had a feeling about it, and I knew nothing about records.
One week later, it sold on ebay for $650.00 !
“Even worse are dealers who fail to remove the little Made in China sticker on the bottom”
LOL. I used to work at a shop that sold Mackenzie-Childs merch, and although they originally sold wares made in Aurora NY, eventually most of their stuff came to be made in China. I can’t tell you how many people asked me to remove the “made in china” sticker so that the person they were gifting the item to didn’t know the thing was not actually made in Aurora.
But was it an actual antique or not, that should be the question, just because the thrift shop had it listed for $9 doesn’t mean its not an actual antique worth $220.
What a dumb thing to get hysterical about. I would guess that this is so common that its the norm. We have a antique/resale place here that just so happens to conveniently be the next shop over in the same mall.
The professional resellers of this type though can be real ********. One of the places around here rolls out tables with the new donations on them. Some of these people swarm the table as it rolls from the back room. They dig and fling and throw things breaking donations as the table rolls to its destination. It looked like those old cartoons of how women supposedly behave at department stores during a sale.
I talked to the manager one day. I pointed out that these people were stealing from them in they regularly broke things that I would have paid for if it hadnt been broken by the “pros”. Maybe because I tended to bring in a lot of business due to my job or maybe because what I was saying just made logical sense, I dont know but, the next time I went down there they had signs up all over about expected appropriate behavior. They meant it and had asked some of them to leave.
My dad used to do garage sales looking for electric trains and other odds and ends for resale. This happens a lot. Sure he bought his share of junk, but every so often he would turn up a gem. I got lots of machinists tools and good hand tools at sales, far less than their value. but I dont resale. One of my best finds was a Canon macro bellows set WITH lens for 50 bucks took some fun pics with it and sold it for 250 later on.
Indeed. One.man’s trash is another man’s treasure.
I find that art is hard to sell. Unless it is Hunters. So many art, doesn’t really sell. Unless it is the one. Kinda like metaldecting. In the end Some one has to want it.
It’s called Arbitrage. Buying from a low price market, selling in a high price market.
So what? If someone wants to spend $200 for it, let them. The fault isn’t the antique dealer.
We used to drive to Phoenix back in the 90s and buy vintage clothes left behind by snowbirds and sell them to vintage stores in Orange County for 10 times the price.
If a sucker will buy it, then why not?
I purchased a Yamaha oboe at a thrift store couple of years ago for $65.00, sold it 5 days later online for $1,450.00 was worth about $2,100.00. The buyer got a great deal.
"Resellers are destroying most hobbies and markets right now,"
Goodwill has no idea of the value of the stuff they sell. Some guy in the back dreams up some numbers...thats all it is.
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