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Stories about Storage Auctions / Re: Auction Scene #1...January, 2012
« on: January 15, 2012, 09:15:07 PM »
Just found out today while out buying at the flea market where I sell on Saturday a little more info on an auction that happend a week or so ago with 200 people attending.
One of the regulars (of the 8 years I've been doing it) bought 2 lockers there for a total of $3500. One went for $2100 and the other for $1400. Apparently they looked pretty good, but when I talked to him today (and his English is not so good) he said he would be happy to break even.
I saw the big furniture he got (both lkrs owned by one person) and it looked great. I saw mostly children's bedroom furn and a toy wooden bus that I have seen before. All in A-1 shape, but when you have laid out $3.5K you've got some selling to do before the profits start coming in. Apparently the smalls just weren't there.
Now this guy and his wife have been big spenders for years (even before the tv shows) but this one took the cake in my book; no details on who was bidding against him, but had to be some of the whales from a nearby metro area that also have more money than sense.
That story makes my possible $200 profit on a $400+ locker look even better today.
One of the regulars (of the 8 years I've been doing it) bought 2 lockers there for a total of $3500. One went for $2100 and the other for $1400. Apparently they looked pretty good, but when I talked to him today (and his English is not so good) he said he would be happy to break even.
I saw the big furniture he got (both lkrs owned by one person) and it looked great. I saw mostly children's bedroom furn and a toy wooden bus that I have seen before. All in A-1 shape, but when you have laid out $3.5K you've got some selling to do before the profits start coming in. Apparently the smalls just weren't there.
Now this guy and his wife have been big spenders for years (even before the tv shows) but this one took the cake in my book; no details on who was bidding against him, but had to be some of the whales from a nearby metro area that also have more money than sense.
That story makes my possible $200 profit on a $400+ locker look even better today.