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Topics - Mike in SD

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Picker's Paradise / Picking Antique Malls
« on: March 05, 2014, 12:01:56 AM »
Does anyone pick antique malls on a regular basis?  Have you been successful at finding items to resell at a decent profit? 

General Storage Auction Talk / Let's Play: "What Would You Pay?"
« on: February 13, 2014, 02:26:14 PM »
Let's play a round of "What Would You Pay?"  Attached is a pic of my most recent purchase, a dust-coated 10'X15'.  I'll reveal the purchase price and what I found later.

Vehicles at Storage Auctions / 2002 Honda CBR929RR
« on: February 06, 2014, 10:06:05 PM »
Since this sub-forum has been dead for some time, thought I'd share this purchase.  Got this 2002 Honda CBR929RR a few days ago for $375.00.  Needs some work to get it running, but even if I don't have it fixed, just parting it out should bring a nice profit.

General Storage Auction Talk / Costume Jewelry
« on: December 22, 2013, 12:27:02 PM »
So I bought a 10X10 the other day that was PACKED, floor to ceiling with boxes. During the clean out, I came across several boxes of costume jewelry.  There's about 40 small Ziplock bags full of the stuff. The quality of the items ranges from low to some vintage. For those of you who have experience with costume jewelry, what is the most effective way to sell?

General Storage Auction Talk / Storage auction forum oversaturation
« on: November 23, 2013, 01:46:36 PM »
In perusing this and other forums for storage auctions, I can't help but notice that there are waaaaaaay too many sub-forums that haven't been active in months. Is it really necessary to have 30+ sub-forums when only 10 are being utilized on a regular basis?

The Treasure Chest / Hundreds of WWII U.S. Navy Patches
« on: November 13, 2013, 08:50:56 PM »
Been on a buying spree this week, picked up six lockers for $470.00 total.  In one of them that I paid $135.00 for, was four totes containing hundreds of U.S. Navy enlisted rank patches, and one bag that held rate insignia from WWII.  It'll be no easy task getting these sold, but many that I have researched are getting between $5.00-$15.00 apiece.

General Storage Auction Talk / Tools of the Trade
« on: October 03, 2013, 11:10:00 PM »
Just curious as to what "tools" everyone bring to an auction & for cleanout afterwards.  I usually carry the following:

- Surefire flashlight w/extra batteries
- 6 locks
- Swiss army knife
- Jeweler's loupe & precious metals testing kit
- Contractors trash bags
- Tool box
- Gloves
- Wet wipes
- Tape, blankets, rope

Please share if you take something I haven't mentioned!

General Storage Auction Talk / Beware of staged units!
« on: January 06, 2013, 06:26:54 AM »
Last weekend I attended a vault auction in Sun Valley, CA, which was conducted by none other than American Auctioneers.  There was 60 units originally up for bid, but as the day progressed, that number suprisingly shot up to almost 100.  So many that the auction was stopped and is going to be continued in a few weeks.  Based on my research, I bid on and won a vault owned by a 50-something year old woman who resided in Calabasas, an upscale area of LA (right down the road from the Kardashians).  On first appearance, it looked promising.  In front of the unit was an oven, boxes and shipping crates that are generally used to package artwork, statues or electronics.  There was eight units that was (supposedly) owned by this woman, and the rest contained similar items.  I proceed to clean out the unit and remove the oven and crates first, saving opening them for last.  As I move them out of the unit, the rest comes to light and it's total garbage: Old office chairs, nasty comforters, filing cabinet, worn out lawn chairs.  And a framed porn poster, something that every middle-aged woman owns!  Not to mention that all of the boxes had been opened and retaped.  My last hope is the crates, I open them, only to discover that there's children's drawings inside.  Now I have been buying storage units on and off since 2007 and have never come across one that seems so blatantly staged.  I'm always prepared for the worst when I buy a locker but this one just seemed so shady.  What made it worse is the auctioneer (not Dan or Laura Dotson, one of their associates) was spouting off prior to selling the units about how this woman lived in Calabasas and that's it's "good stuff".  Of course I didn't take him at his word, but since I had researched the owner online, it seemed like a safer bet.
I don't know if this is happening in other places but at several vault auctions I've attended in SoCal, I'm seeing retaped boxes and the valuable items prominently displayed right in the front.  Hopefully this will serve as a warning & spare you some dollars in the future.  Curious to hear if anyone else has experienced this lately.

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