Bedford Ramblings
Steve Mills

Are you ready to Auction? Collectibles, antiques, storage wars

Posted Monday, April 9, 2012, at 7:54 AM
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  • I have never been to a storage unit auction, but I used to go to estate auctions pretty regularly. I haven't been to one in about 8 years though. The things I tend to want typically draw a lot of interest, and sell for about what they are worth (sometimes considerably more). I just do not have the time to spend a Saturday morning hoping for a bargain, especially since I usually end up buying things that I do not need, or really even want. I may drop by the sale on Saturday to check it out anyway. I saw the sign when I was getting a box.

    I agree with those who report that prices are up, but I will add that actual values are down significantly. Except for the rarer pieces, I have almost completely stopped buying antiques of any type, unless I do not mind keeping it indefinitely.

    I don't have any secrets, but my advice is to keep an open mind and to stay late. If you have a good eye, and a little luck, box lots can have some great treasures hidden in them.

    -- Posted by memyselfi on Wed, Apr 11, 2012, at 1:44 AM
  • In a way, I compare staying late for box lots similar to the storage units. You see a little, but never get to look all through the box, so surprises are very likely.

    We bought a box lot like that for some hot-melt adhesive we saw. Paid $4-5 for it and got what we wanted, but after we started eBay, we sold a record cleaner from that box for $54 to a person in Australia.

    BUT, we also have a lot of things we need to yard-sale. :-)

    -- Posted by stevemills on Wed, Apr 11, 2012, at 8:59 PM
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