Quote:
Originally Posted by KevinP73
I've been buying lockers for several years when time and budget permit. It can be a lot of fun if you're doing it for the right reason. If you're stocking a thrift shop or using a yard sale as an outlet then your good. If you're looking for a footlocker of cash or gold you're going to waste a lot of time and money. These shows hitting the airways is only going to muck things up for a while. It'll bring a bunch of newbee's to the circus but they'll loose interest as soon as thier cash is gone.
Buying a locker is NOT where one makes the money though. It's knowing the difference between trash and treasure. I'd say about 80% of what comes from the average locker is pure junk.
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Went to one of these today in Suburban Virginia. There was about 100 people that showed up. All sorts of guys in Carhartt workclothes, retiree types, and a few yuppies. It was so jammed it was hard to get near the lockers to even look. Some of the yuppie types (I kind of fit this category, kind of) would photograph or videotape on their phone the junk inside and figure out from that if they wanted it.
I took my 5 year old son who referred to it as "auction hunters". He said that most of the stuff was junk. We were part of the lookey loos and there were more of us than actual bidders. We'd guess at what they'd sell for.
The first locker looked like it was someone's worhshop away from home. Organized, had some small hand tools (circ saws and such) and a lot of drawered cabinets and things full of nuts and bolts. Went for only $200 and that was IMHO the best unit.
The one with the fridge with the door off went for $40. The only one we guessed correct!
There was one that looked like they fixed race car engines. The only thing of value was an off brand tool box (likely empty), a filthy Corbeau seat and some random engine parts. Went for $210. I was shocked.
IMHO people overbid for a lot of crap and backbreaking work. It was fun watching, would have been a lot more fun if I brought money and there was less people.
