Posts Tagged ‘Storage Wars’

$38.65

July 15, 2013

Saturday July 13th, 2013 – Fox Lake, IL

   The gap between theory and reality seems to be widening of late. In my head, I’ve got all these grandiose ideas bouncing around for what I want to get done in life, but far too few have had any tangible results. Those that did have happened so slowly, a snail’s pace would signal an upgrade. 

   A prime example would be my feeble attempt to make a few extra bucks wheeling and dealing antiques and collectibles. I’ve been doing it my whole life and I’m in the ideal scenario with my vagabond lifestyle and plenty of free time. In theory, there’s no reason I shouldn’t be killing this.

   I have made a few nice finds, but nothing that’s going to bail me out of the poor house just yet. I knew going in that with enormous glut of TV exposure from American Pickers to Pawn Stars to Storage Wars and everything in between it would light the fires of treasure hunters everywhere.

   I wasn’t getting in it for the quick and easy buck, because if there’s one lesson I’ve learned on my life’s journey it’s that it doesn’t exist along with unicorns, leprechauns and Chicago Cubs in the World Series. I entered the game knowing I would have to work my way into it gradually.

   The main concern as always is my time outlay vs. income. I can’t afford any hobbies that only suck time right now, and I was looking specifically to turn at least a semi steady buck. I think my picking eye is halfway decent, so I set out to look for a supply of trinkets and baubles to resell.

   I compiled a bunch after several weeks of hunting in my spare time, and then delivered some to a friend of a friend who frequently sells on Ebay. We worked out a percentage deal that we could both live with, and I left him to do his thing. We both agreed it would be a low risk experiment.

   Today I received an email from the guy saying my grand total after fees and percentages was a whopping $38.65. Not everything sold, but what did actually fetched a profit. For example, I had a vintage phone I found in a thrift store for $6 and my share after everything was $15. I’ll take it.

   I also found an old model car kit at a rummage sale for $3 and my final net was $12. Again, not a bad profit and the other guy made his percentage too. We only tried a few items, so it’s not like my whole stash is used up, but at this rate it will be a long time before I’ll be in the Fortune 500.

   Rummage season is in full swing, and I am in a mega ripe area. I can’t drive down any street in any direction near me on a weekend and not see homemade signs everywhere. I’m not finding an abundance of quality items though, and it’s not been worth my time and especially gas to search.

   Everyone else is watching all those TV shows too, so anything even close to old is being listed as ‘vintage’ and priced as high as someone would have to be to buy it for that amount. It’s funny to see the looks on shoppers’ faces when they flip over a junk item and see a sky high price tag.

   Still, there are bargains to be found for those that look hard enough. I’m just not sure if I have a desire to be one of them. By the time I fill my gas tank and put stressful miles on my car sorting through randomly scattered junk piles hoping to find a rare gem, the profit I make isn’t worth it.

   I will still fart around with it only because I like it, but this isn’t the way to make any kind of a steady living. I’d have to get a storage facility and set up at flea markets, and right now I’m just not looking to do that. I’ve got other projects that mean more to me than being a garbage picker. In theory, I had a plan to bring in steady extra cash. In reality, I worked way too hard for $38.65.

Ten Cent Triumph!

November 9, 2012

Thursday November 8th, 2012 – Fox Lake, IL

   One of a precious collection of useful things my grandpa told me that still sticks with me today is the difference between good luck and bad luck is good luck isn’t funny. When someone else is mired in a losing streak, those who see it laugh out of sheer tension relief. The only one laughing during a streak of good luck is the one experiencing it. Everyone else is feeling jealous or angry.

I’d much rather be the only one laughing, and today I got my chance. Actually, I have been in a tremendously upbeat mindset of late, and I can’t say it’s bothering me in the least. I’m enjoying a brief respite from being life’s dart board, and quite frankly if I never go back to the other side I’ll be more than fine with it. ‘Mr. Lucky’ is a character that lives onstage, and he needs to say there.

Dobie Maxwell is an entirely separate entity. He’ll take all the breaks he can get – funny or not. Today I caught a nice one, and it piggybacked on a couple of others I’ve had recently. I’d like to gratefully acknowledge them all, and vehemently ask the universe to keep sending them my way.

A couple of weeks ago, I happened to find a $10 bill crunched up on the ground and stuck it in my wallet to decide what to do with it later. A few days after that, I was walking through one of my favorite thrift stores and happened upon a collection of Apollo 12 collectible drinking glasses dated November 19, 1969. There were five of them on the shelf, and they were priced at $1 each.

I bought all five, thinking if nothing else they’d make fun gifts on The Mothership Connection at some point for either guests or listeners. I paid for them with the $10 bill I found, and in return I received a receipt with a red star on it and was told those are lucky winners of a $5 store credit.

Technically, the glasses were free and I still had the $10 I started with. I decided to keep going and see what else I could buy for ten bucks and hopefully spin it for more. I would have to scour the thrift stores, but I do that anyway. It’s a relaxing pastime I’ve always done. I enjoy the hunt.

It’s kind of like my own personal ‘Storage Wars’ or ‘Pawn Stars’ adventure. I’m trying to find something someone else didn’t know the value of when they priced it, and neither did those who looked at it on the shelf before I got there. Chances are low that it happens, but once in a while it absolutely does. It’s all about being in the right place at the right time, and having street smarts.

Today I drove by the same thrift store and was kind of in a hurry but that little voice inside told me to take a quick lap. I almost blew it off, but decided against it as I felt it strongly urging me to do it immediately. Positive things usually happen when I listen to that voice, and they did today.

I walked past a shelf of knick knacks and saw two official National League baseballs in plastic cube holders screaming at me to buy them. One was priced at $2.12 and the other $2.62. I looked closer and saw that one was autographed by Hall of Famer Ernie Banks and the other by some of the 1989 Cubs including Mark Grace, Jerome Walton, Mike Bielecki and Rick Wrona. I couldn’t believe they were priced so low, and I took them right to the checkout and the total was $5.10 for both balls. I gave them my winning receipt and my total was .10! I floated to my car in ecstasy.

So let’s review. I started with ten bucks I found on the ground and bought five collector glasses for $5. With tax, it was around $5.40. I won $5 in store credit, and used that to buy two baseballs in plastic holders – both autographed. The total was $5.10, so my out of pocket cost was a dime.

There’s no way to authenticate the signatures, but I’d bet they are legit. They’re official league balls, and I’ve seen autographed stuff before. These should have no problem selling to somebody in the Chicago area who loves the Cubs, and I can hold out for my price since I have little into it.

All totaled that would mean I’d have five collector glasses, two autographed baseballs plus my left over total of roughly $4.50. That’s a pretty good start, and I think I’ll be able to sell all of it for a healthy profit without gouging anyone and keep the ball rolling. I know how to find stuff.

Selling it has been an issue, and it may continue to be. Where would I sell collector glasses or baseballs? The first thought would be Ebay, but I’ve never sold anything on it before. I bought a ton of stuff over the years, but never sold even one thing. But how hard can it be? I can handle it, but I’m not sure if I want to. I have enough going on without starting some new time demander.

Still, the lure of the treasure hunt is strong. Who doesn’t love looking for the big payoff? I sure do, and I freely admit it. I know every deal isn’t going to be a winner, but I’ve heard tales of big scores through the years and I do believe things like that happen. To win, one has to participate.

I did take a quick lap through Ebay and saw that the glasses weren’t all that rare, and weren’t at all priced consistently. I saw them listed for anywhere from $2 to $20 each, but shipping was the big expense. I’d be thrilled if someone gave me $20 for four of them, and I’d keep one to give to my Mothership Connection co-host Greg DeGuire. He’d enjoy it, and it would be a fun souvenir.

The baseballs should realistically bring somewhere around $100 for both, or at least that’s what I’d look to get out of them. They’re in great shape, and Ernie Banks is a Hall of Famer without a doubt. I know he signed a lot of stuff in his life, but some Cubs fan would love to have that ball.

Say I can manage to score my asking price somehow from someone and walk away with $120 for everything. Couple that with the roughly five bucks I have left from my original $10 and call it an even $125. That’s well over ten times my original stake, and it literally came from nowhere.

I don’t think it’s realistic to expect to keep pulling off ten times my investment on a consistent basis, but doubling my money doesn’t seem out of line in the least. What could I invest $125 into that will bring me at least double in return? The possibilities are endless, and I’d love to give it a shot. I’d get it in cash in smaller bills and have them available to make a buy everywhere I went.

Eventually, $125 becomes $250 becomes $500. Then $1000, then $2000 and on and on. It may take a while, and I’m sure I’ll blow it on occasion and make some less than stellar buys, but on a long term basis I like my chances to be able to build a significant wad of cash I can use to keep a constant flow of more items and cash coming in. It’s been done before, but not by me. I’d love to take it all the way from $10 to enough to walk in and pay cash for a new car. It will be fun to try.