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What's it Worth?? / Re: Indonesian Sword
« on: February 04, 2011, 10:41:52 PM »
and one more
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What's it Worth?? / Re: Indonesian Sword
« on: February 04, 2011, 10:39:44 PM »
picture of the end of the sword cover
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What's it Worth?? / Re: Indonesian Sword
« on: February 04, 2011, 10:38:38 PM »
another pic, i can email much larger pics...
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What's it Worth?? / Indonesian Sword
« on: February 04, 2011, 10:36:31 PM »
So, this isn't exactly a storage unit buy, but it does tie in. I was telling a co-worker who I'm close with about my interest in become a storage unit buyer, and about some of the things I'd learned both in these forums and by going to a couple of auctions. He started telling me about his collection of swords, and how his wife hated that he had so many. He suggested that he donate one to me, and that I could use whatever money I get for it toward my first auction buy! He's not sure what, if anything, it's worth. Neither am I.
He taught for several years in Indonesia. The sword was purchased on the island of Java. On Puncuk pass in the mountains of Bogor near the outskirts of Bandung in the province of Central Java. He was told at the time of purchase that it dated to the 1890s. The cover appears to be brass, with some nice natural aging. The handle itself has a black material, I'm not quite sure what it is. I will take better pictures if requested. If any of you have any knowledge or suggestions on where to sell a piece like this, I'd greatly appreciate it. If anyone is interested in buying it, I'd be more than willing to make a deal. Thanks!
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He taught for several years in Indonesia. The sword was purchased on the island of Java. On Puncuk pass in the mountains of Bogor near the outskirts of Bandung in the province of Central Java. He was told at the time of purchase that it dated to the 1890s. The cover appears to be brass, with some nice natural aging. The handle itself has a black material, I'm not quite sure what it is. I will take better pictures if requested. If any of you have any knowledge or suggestions on where to sell a piece like this, I'd greatly appreciate it. If anyone is interested in buying it, I'd be more than willing to make a deal. Thanks!
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Stories about Storage Auctions / Re: LOOKY LOOS everywhere today
« on: January 30, 2011, 12:43:50 PM »I don't think the most of the new crowds are here to stay. As silly as it sounds I think some people really do believe it's really like the show and every unit contains some 50k rare item or cash or gold. That's the only way I can imagine people would bid some of the prices they do on some of these units we are seeing go upwards of a grand that used to be like $35.
I imagine people will see you really gotta buy a lot of units to find quality ones. I think people will discover they spend money and make nothing in return. I also think some people think it's all about buying the unit. What really makes you money is how many avenues you have to get rid of stuff. Every item you give away or throw away is money comming out your pocket. The people who can get rid of everything from old paper to scrap metal to clothes for a profit are the ones that will make it.
Oddly enough I actually did wind up buying a unit at my first auction and was surprisingly the best unit I have bought in the past year and a half or so.
I don't think this is uniqe to the storage game. Lots of hobbies and livelihoods are not welcoming of newcommers. Do a google search of how do I become a tattoo artist, tattoo artists are brutal on people looking to learn. Same thing with glass blowing. I ride motorcycles and found that when I first started out people as a whole weren't very welcomming of a new rider. I don't agree iwth it but its in all different aspects of life.
I do agree though its actually probably not wise to go out gungho and buying stuff your first time without scoping out how auctions run, what things go for, etc. In the same token its easy to see why those who have been doing this for 10 or 15 years and this is their sole livelihood are frustrated that some people see the show and just want to come out and look and have no intention of buying or getting into it and are essentially just taking up space and time.
All good points. I've actually been wondering, how would one go about finding local facilities in which they can get money for scrap metal, paper, etc? As far as clothing, I figured the best bet was yard/garage sales for low dollar price tags, or donation to Good Will for tax write offs. Is there a better way to maximize profit on clothing?
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Stories about Storage Auctions / Re: LOOKY LOOS everywhere today
« on: January 30, 2011, 12:41:53 PM »A newbie buys one for $1400 or more and doesn't have the cash to pay for it. Mistake one and two.
Auction is resold and goes for the more realistic price of $300 or so.
Yep I call that justice. The final buyer will make some money. The first buyer would have lost big time most likley.
When worded like that, I'll agree that it's justice. I thought you meant it was justice that the experienced bidder ran the newbie up that high, and basically left him embarrassed when he didn't have the cash.
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New to Storage Auctions? / Re: PODS Vs Regular Storage
« on: January 30, 2011, 10:43:47 AM »
Where are PODS auctions listed? The only auctions I ever see around here on Auction Zip are for self storage units. I also checked the major paper for legal notices, but no auctions of any sort were listed.
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New to Storage Auctions? / Re: Box Lot/Table Lot Auctions
« on: January 30, 2011, 10:40:35 AM »
I didn't end up going, but I think maybe next time I will. I was a little weary about traveling an hour and not knowing what to expect. The auctioneer put some pictures online, and it looked like more of the collectibles/possible antique type of stuff. I'm just not experienced enough for that yet, and imagine that stuff is a little tougher to resell.
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Stories about Storage Auctions / Re: LOOKY LOOS everywhere today
« on: January 30, 2011, 10:35:58 AM »Now that is JUSTICE !
Is it really though? I understand defending your livelihood, but I also sense some immaturity in some of these posts. I hear a lot of people on here commenting about people showing up and not even bidding. Did all of you bid and buy at your very first auction? Did you know all of the unwritten rules of the auction world at your first handful of auctions? I doubt it. If you did, more power to you. The point is, the game has clearly changed. The once private storage auction world has now been exposed, and the new competition is likely here to stay. I'd guess that just as many "regulars" will end up being pushed out of the business as newcomers.
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Stories about Storage Auctions / Re: LOOKY LOOS everywhere today
« on: January 29, 2011, 09:26:19 PM »
Some of the crowds will indeed thin out over time, but I wouldn't expect it to ever go back to just being a handful of people showing up to these auctions. Much of the world, myself included, did not know these auctions existed until the reality shows. The "secret" is out, and people like myself are here to stay. Hopefully things will even out a bit and a little extra competition will bring out the best in everybody.
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North East / Re: Lets here it for Pa!
« on: January 29, 2011, 10:20:28 AM »
New to the auction world, located in the Baltimore area...
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New to Storage Auctions? / Box Lot/Table Lot Auctions
« on: January 29, 2011, 08:29:48 AM »
Hey guys, do any of you have experience at auctions like these? There is one today at 4:00, about an hour from where I live. How are these different from storage auctions, and what could I expect? Is it just as much or more of a toss up? Are there usually quality goods? Pricing? Here is how it is described on the website:
This sale will be held indoors and will consist of over 150 box lots, tools, 7 Tables of antiques and collectibles, and more.
This sale will be held indoors and will consist of over 150 box lots, tools, 7 Tables of antiques and collectibles, and more.
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Welcome to the Online Storage Auctions Forum / Re: Hello from Baltimore
« on: January 28, 2011, 08:25:30 PM »
I've got about 300 sq ft storage in my basement, and the same in my attic. Both are easily accessible, but larger items (dressers, sofas, etc) will not get up in my attic. The auction I attended, it seemed like the bigger furniture went cheapest, just because nobody wanted to move it. That's the only reason I asked about renting a 1 month special. If I can get a 10x10 with a nice couch, love seat, and chair, a 4x6 chest freezer, and loads of boxes for $80 (that's what it went for) I figure I HAVE to buy that unit and find a way to store/sell the goods. Curiously, all the smaller lockers that looked like junk went for just as much or more. I'm willing to work hard/think outside the box to make this work...
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Welcome to the Online Storage Auctions Forum / Re: Hello from Baltimore
« on: January 28, 2011, 08:13:12 PM »
Thanks guys! I have tons of questions, but here's one for starters...
Right now I work 40 hours a week. I'd like to get into this business slowly, and hopefully overtime shift more toward being able to work for myself. My question is, is it even feasible for me to try to do this while working 40 hour weeks? Most of the auctions around here are during business hours, and it makes it almost impossible for me to be at auctions, let alone get the stuff out in 24 hours. Would it be a bad idea to rent a unit for a month, list stuff on CL, and have buyer's meet me right at the unit site? Any general thoughts or tips would be appreciated. I plan on being around often and picking your brains!
Right now I work 40 hours a week. I'd like to get into this business slowly, and hopefully overtime shift more toward being able to work for myself. My question is, is it even feasible for me to try to do this while working 40 hour weeks? Most of the auctions around here are during business hours, and it makes it almost impossible for me to be at auctions, let alone get the stuff out in 24 hours. Would it be a bad idea to rent a unit for a month, list stuff on CL, and have buyer's meet me right at the unit site? Any general thoughts or tips would be appreciated. I plan on being around often and picking your brains!
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Welcome to the Online Storage Auctions Forum / Hello from Baltimore
« on: January 28, 2011, 07:54:28 PM »
Hello Everyone, nice to meet you. I'm Dan, 25 years old, born and raised in Baltimore. I work full time in real estate but I was turned on to storage auctions by the TV show. I've only been to one so far, and didn't buy, but I already feel like I'm addicted.
I was so happy to find this site, somewhere that I can bounce questions off people that hopefully have a much greater knowledge than I do. I look forward to getting to know all of you. Good luck to all and happy bidding!
I was so happy to find this site, somewhere that I can bounce questions off people that hopefully have a much greater knowledge than I do. I look forward to getting to know all of you. Good luck to all and happy bidding!
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