Lucky you! In LA this unit based on outside view  will easily go for $850- $1100,that's how crazy prices are...

And they do that here too...some notes on this one:

Prior to this lkr selling a 10 x 25 which sold last month for $1800 (on contingency) was up again this month. The guy
who paid $1800 (and lost lkr to owner who paid up) got it AGAIN....this time for $900 and only a few things had been taken out.

Also anothe lkr went in the $750 area today. Only about 12 of us there with 5 regulars. Five auctions between 3 auctioneers starting just 30 to 45 minutes apart today in 3 cities split the crowd. I'm happy with mine. Haven't heard reports yet on the other locations.

Don't know which it will be, but right now it's looking pretty good!

All pics here were taken of stuff found in first 10 feet; still a packed 15 feet in back yet to go. Rented lkr for a month to sell out of it and take my time in summer heat to work on it.

This is a 10 x 25 lkr (thought it was a 10 x 15 !) that I got for $350. Bought it based on a couple of things including a small safe (open) that is the kind used in fancier motels/hotels. The prop mgrs had brought in a locksmith to open it and I think I will be able to reset the combination myself from what I can tell. I've also had a theory (unproven) about lkrs containing more than one safe. More on that later.

Scroll down through about 15 pics; text between some pics, especially toward end.

Here are some pics: I think I can make $1k profit and if all goes well in one area it will be more than that. See last few pictures for what I mean.

















The jacket is in great shape; chaps to wear over jeans show wear at cuffs.




To bad this little tv won't pick up signals anymore; maybe in Mexico or elsewhere; any one know?















This weedeater is still new in the box ! Both ends still have mfg staples in cardboard.




My theory about lkrs showing one safe...they might have another; haven't seen it in almost 8 years; until now !




This thing has round edges on all four corners; handle on top fits in middle of door; no combination anywhere;
Could keep or sell; if I keep it probably have to spend $100 to $200 getting a new lock, etc. It would replace
two other safes I have.


Haven't gotten into it yet. Tight fit.  Will post pics of contents (if any) in a couple of days.




Safe measures  5 feet tall, 2.5 feet left to right and 20" deep front to back. HEAVY !

Movieman - I was at the auction in Boston where the AH guys "found" the whale gun.

Do the producers of this show actually think people believe they have these unbelievable finds every time? Even the AH guys say only 20% of the lockers are good lockers.

Good to hear from someone who was there and thanks for your info and impressions. Sounds right to me.

I have been gone for 10 days so missed last weeks episode but caught 15 minutes of it tonight (Tuesday the 23rd, Aug, 2011 and the new episode tonight.

They scored again as usual on both shows; artwork....what are the chances? Anyone else here find something that great from the art world?

The little "knuckleduster" gun? Give me a break. In the first season they found a gun a week!

A first though, the producers actually showed a locker that was a complete bust .............. one a week (busted) would be good.....and realistic.

Oh well, let the newbies keep on buying  based on these shows...time will tell the true story.

About a year ago I got 150 paper back copies (new) of a book written by a self-made millionaire whose name I recognized. I figured it would take forever to get rid of them on eBay, but I gave it a shot.

In the beginning I sold them for just $3 each and I tacked on a $2 packing handling fee plus shipping...their total cost was about $7.

They sold about 2 to 3 month. After awhile I threw away 100 of them. It took a full year to sell the 50 I did, but I slowly increased the price to $3 then to $4 and now I wish I had the 100 I trashed....they would have brought in a tidy sum, but it would have taken 2 more years to sell them.

Here's one of the better threads on firearms...several members talk in detail about their gun finds in lkrs, and one INCREDIBLE story about a HUGE weapons cache found in a lkr. 

http://storageauctionforums.com/index.php?topic=698.0

I beg to differ with this statement. On auction hunters, you hear them say that they lose money on 80% of the lockers they buy.

I just don't understand where this mentality comes from. If I lost money on 8 out of 10 units, I would have been out of the business a long time ago.

Not to brag, but I bought about a hundred lockers in a 7 month period last year. I can count on one hand how many lockers I lost money on, and if I did lose money, it wasn't much. On a bad unit, I would pretty much break even. On most units I doubled my money.

Once again, I just don't see where this come from. You don't have to lose money in this business if you bid conservatively.

If I saw 10 and only liked 2 then I would say 8 were "bad". Not that they couldn't make money if the price was right, just that they didn't strike me as something I wanted to buy. Lord you could buy any number of lockers if you lowered your standards enough.

On Auction Hunters if they bought 100 lkrs and lost money on 80% of them (maybe paid $10,000 and only sold stuff for $9,000) they certainly would have "lost" a $1,000, but on the 20% that did REALLY WELL, they could easily make up that loss and THEN SOME. 

I'm sorry if it sounded like I was skeptial of the auctioneer (no idea who it is yet) or the location. 

No need to say you're sorry. IMHO it's better to be a skeptic than the flip side of that the "gushing optimist" who says on a regular basis ...."You never know what you're going to find."   Statisically, the bad lkrs are going to outnumber the good ones I would guess....and I think that's a pretty safe ALWAYS statement. 

Wow MovieMan, 1214 post...you have been busy.

How many post have you seen here where folks are "complaining" about "the Storage place" or "the Auctioneer" has/is committing Fraud  by moving stuff, show casing stuff, cherrypicking etc....?

I stop by everyday and read(don't post much though)....and I cannot recall a day where there is not a thread or reply stating this....or when I'm onsite, I hear it each and every day from bidders....so yea, for me "ALWAYS" applies

So keep on looking for them "red flags".....maybe that will keep you too busy to bust on another's reply

You have yourself a good day

Maybe I'm missing something in reading your original post or you are missing something in reading mine.
What I was trying to say was that your original 4 points seem to support the idea that something is amiss at some auctions.

I further was trying say that this is not ALWAYS the case, because it is seldom (if ever) true that something is ALWAYS the case.

I know you take umbrage at any comment that lumps all auctioneers together as a group....I would too, but please understand that when I or others are talking about "auctioneers" we don't mean YOU specifically. We know you are the  penultimate honest auctioneer. Unfortunately, YOU are not at all the thousands of auctions going on everyday.

It just occured to me; that last sentence above will ALWAYS be true as you can not be at the thousands of auctions going on in a given day. I guess I'll have to re-think my ALWAYS premise.