In this episode of the What Sold podcast, Brandon and Matt explore part two of the Junk Drawer series, revealing the potential hidden treasures lurking in your junk drawer. The episode covers the importance of research before discarding items, the value of various objects such as tape measures, coins, pocket knives, watches, and jewelry. The team share insightful stories and examples of valuable items often overlooked, encouraging listeners to check their junk drawers for potential cash. Additionally, Matt showcases some of his recent sales, emphasizing the significant returns that can be achieved through a combination of informed buying, repairing, and selling.
00:00 Introduction and Episode Overview
01:08 The Importance of Research Before Selling
02:29 Valuable Items in Your Junk Drawer
05:12 Coins and Currency: Hidden Treasures
07:43 Pocket Knives: Small but Valuable
09:27 Watches and Jewelry: Worth More Than You Think
14:55 What We Sold This Week
25:50 Final Thoughts and Selling Tips
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:39):
Welcome back to the What Sold podcast.
I'm Brandon, as promised.
This is part two or part duhof the Junk Drawer episode.
It was so long and it was packedwith so much information that
we did not want to cheat you.
You were out and driving around,you'd be like, ah, I don't have an
hour to spend on this show, but.
We have cut it into two bite-sizedchunks for you to enjoy, so
(01:01):
hopefully you will enjoy it.
We're gonna pick up right where we leftoff in part one, so on with the show.
So definitely do some researchbefore you pitch things.
And I only say that folks, becauseI'm telling you every single time
without fail, every single timesomeone contacts me and says, Hey,
I heard that you do what you do.
Would you be interested inselling some things for me?
(01:22):
And when we get into the conversation,either on the phone or when I'm in, in
front of them and I tell them, 'causeI, again, I just give information.
I'm not trying to withhold.
So if I see something, I'll buy you.
By the way, this can have somevaluable, I tell 'em, they go, oh
man I wish I'd known that last month.
I donated like 50 of those.
To the without fail.
So many people donate things orthrow 'em, or they'll say, oh
(01:43):
man, I had a box full of that.
I just threw it away because theydidn't take the time to research it.
The number one thing I tell peopleto orient themselves when they start
thinking about doing this is do notbase your idea of value of an item
based on your interest in that item.
(02:03):
What you think people might wantbecause you are not a mind reader.
You don't know.
Do the research.
Get on and look.
Don't throw that thing away.
I have several examples of thingsthat I even thought was ugly.
It's damaged, it's notfunctioning properly.
It just needs to be pitched.
But then there's that naggingfeeling what if I'm wrong?
It takes five seconds to check that out.
(02:23):
Many times I have been surprisedand made money because I did that.
So it doesn't take long.
Definitely do it.
Tape measures are anotherthing I'm gonna hold up.
A big one, and a lot of times they'retoo big to fit in a junk drawer.
Sometimes they're smaller.
Here's a very big.
See this, it's a tape dispenser.
This is a tape dispenser.
Oh, I said tape measure.
Yeah.
So I'm, yeah both.
I don't know why I pulled this up.
(02:44):
I think I was just thinking of tape.
No, that's a huge tape dispenser.
So we'll do 'em.
We'll do 'em quickly.
This is a very large one.
This is a brand calledable, A BEL number 50.
And I love that because I don't have tosearch around, I just put in number 50
and I'm gonna see what they sell for.
Right.
And and this is great.
I've had this on my deskfor probably four years.
I've not even gone througha 10th of the tape on this.
(03:05):
I don't use tape a lot, butwhen I do, it's right here.
So for me, super functional.
If I didn't have this, I mightbe the one online looking for it
for an old one, and I would wanta big old one because they last.
Tape measures are another thing.
Certain brands we talked about withtools last week, brands like Craftsman,
like Stanley some older quirkier ones,maybe it's an interesting color, maybe.
(03:27):
I don't know.
There could be some sort offeature about it that people want
a certain model they hold up.
So tape measures canalso have good values.
Yeah, you can go out to any departmentstore and buy a tape measure, but
there are collectors from older onesand maybe people just want to get
on and say, maybe it's not aboutthem getting something collectible.
Maybe it's about them justgetting a better deal.
(03:47):
I don't want to go out and spend $20,$25 on a tape measure when I can buy
one for 15 and it's perfectly good.
So why not?
And the old ones are heavier dutyso that the actual tape part that
you measure with doesn't fold over.
A lot of times that's theproblem of the newer ones.
They're made from like cheaper alloy.
Yeah.
So they bend when you're pulling,these are like old steel, like
thin steel and they can bend.
(04:08):
Yeah.
And and yeah.
And these things survive working on thejob site dropped a thousand times, right?
Yeah.
They got some dents, but you know what?
Just like the hand tools you talkedabout last week, it's gonna outlive you.
Someone's gonna buy that when you'redead and it's still gonna have use.
There is something to be saidfor the quality of older of
some types of older things.
Mm-hmm.
We'd said hand tools.
I'll say hand tools.
(04:29):
Again, I don't need to get into a lotthat a lot because you can find maybe
hand tools, other places, but justknow that things like pliers, things
like screwdrivers, different types ofspecialty, small tools that are still
functional and usable have value.
You can go out sometimes andbuy things for a dollar that are
worth 20 or 30 at thrift stores.
I do it all the time.
(04:50):
But if you're only paying 50cents or a dollar for an item,
you're happily take 10 or $15.
That's not a lot of money, but yourreturn on your investment is quite large.
That's an easy entry point.
That's the type of thing, and ifyou've got it at your house and
you don't use it all the better.
It costs you nothing right now,so you just spend the time listing
it and you can make some money.
(05:10):
Let's get into a coupleother things real quick.
Coins is another thing.
Loose change.
Pennies, nickels, dimes, quarters.
Maybe you got some half, maybe yougot some Eisenhower dollars in there.
Maybe you got some Kennedyhalf dollars from yesteryear.
Who knows?
Maybe you got a $2 billfolded up in there.
You forgot about, you pull outthe little tray and it's just been
collecting dust underneath of that.
There's all kinds of values incurrency and doesn't even have
(05:34):
to be American currency, butparticularly American currency.
Did you know that certain.
Coins, nickels, dimes, quarters, if theywere produced, a lot of times, like 64
is a date, but a lot of them prior to themid sixties are made of like 90% silver.
They're not making quarters and dimesand nickels outta silver anymore.
(05:54):
They're making 'em outta allies.
But back then they weren'tmaking them outta silver.
So if you, find a bunch of coinsand you find a bunch of old ones,
it could have value because maybeit's made with precious metals also.
There is an avid collectorbase for coins that are good
condition coins that have errors.
Get out a loop, like a jeweler'sloop, a little magnifying glass, and
(06:16):
look, if it looks like there's an odd.
About that.
Maybe it was, there wasa mis, a miss stamp.
Maybe something's overlapping.
Maybe the date is melded to theedge and it shouldn't be like that.
Maybe the mint mark, it's a D forDenver, but instead of it being a full
D it's just, it just looks like a lumpof metal and it was like it was filled
in, not supposed to be filled in.
(06:36):
That's an error.
People will pay ridiculousamounts of money for some of
these coins, and I'm not saying.
You're gonna find a thousand dollarscoin and your junk drawer, but you might
find a dime that's worth two bucks.
And that doesn't sound like a lot, butif you found a lot of loose change,
if you get a quarter, and I don't knowwhat they are, some of these Kennedy,
half dollars, some of these, they have17, $18 just in scrap silver content.
(06:59):
So people might buy 'em at a deal justto scrap 'em, have 'em melted down.
Sometimes people buy 'em if they'rein good condition and they send 'em
off to be graded, because once it'sgraded at a high grade, they can then
turn around and sell it for a lot more.
And maybe that's your route.
Maybe you don't sell it right away.
Maybe you look up the values and you say,I have this is a good a good quality coin.
Maybe this would qualify for me to spenda couple extra bucks to get it graded
(07:23):
because the difference between the samequality point, one that is not graded
and loose versus one that is graded.
Dramatic differences in pricesand collectors would prefer to
get ones either that are alreadyslabbed, that's what they call it.
Slabbed already graded or buy somethingreally cheap, it's in condition,
and then they'll spend the money.
So look for coins, pocket knives.
(07:45):
There's another fun one.
Pocket knives that have been in there.
You can find old pocket knivesin old fishing like tackle boxes.
Find those all the time.
You can find them in your junk drawer.
They're all over the place.
Out in your garage on your work bench.
I. I've gone to all kinds ofestate sales where they let you
in the garage and there's justrandom pocket knives laying around.
(08:06):
Certain brands, older ones I wouldlook, especially ones that have bone
or antler as a part of the handle.
So these are usually pocket knives thathave two blades, two to four blades.
Sometime, maybe just one, but thereare, Case is an obvious, it's the most
collected brand today, CASE, case Knives.
(08:27):
They still make them, but there area lot of really awesome older brands
like Kaus and some of these thatcan bring multiples of hundreds of
dollars for a little pocket knife.
Why?
Because it was made in the late,you didn't know this, but it was
made in the late 18 hundreds by awell-respected, well collected brand.
If you don't know what it is,what brand it is, that's okay.
Most of the higher end and olderbranded knives, if you open up the
(08:51):
blade, typically on the largestblade, but sometimes on others at
the hilt, right where it's closest tothe handle, right at the very bottom
of the blade, it usually has themanufacturer's stamp of who made it.
Either on that side oron the reverse side.
It'll have a model number that'sjust like we were talking about
with these staplers and things.
Just look up that brand.
(09:13):
In the model owner, eBay, even some thathave one of the blades is broken in half.
It happened, people usedthem and the tip broke off.
Some of those are still highlycollectible, even in poor condition.
So check out the pocket knives.
Last couple of things.
Watches Pocket watch.
Watch that you had.
You just threw it in there becausethe battery ran out and you're like,
(09:36):
ah, I'm gonna get another battery.
Well, 15 years has passed.
I don't think you're getting that battery.
It's like the guy who has the carin his garage that is gonna suit,
work on it and no, you're notyou're gonna go sell those parts.
Have you been looking throughsome of my drawers, Matt?
Hey, listen.
Okay, so full disclosure, telleveryone what you said to me right
before we got on about the watch.
I have a watch that, I love this watch.
(09:57):
In fact, I'm gonna try to set salvagethis watch, but it's a Garmin watch,
so it's one of those sports watchesthat I think I paid like $400 for it.
And the back of it, where the little,you can't really see it probably, but
the back of it, there's these littlewhere the prongs go in for the band.
It cracked off so the bandcan't stay on anymore.
So basically this fullyfunctioning awesome 400 watch is
(10:20):
in a sense ostensibly worthless.
Is that like a, I mean,we didn't talk about it.
Is that like a super glue situation?
Could superglue hold that in place?
No.
No, because the part was so small.
Mm-hmm.
That I don't even know where it fell off.
It just, it broke off one day.
I didn't know what had happened.
Mm-hmm.
And then when I went to putit back on, I was like, ah.
So I might try to find the back part.
(10:40):
To replace it.
But is it because much like howlarge your fingers are, that your
wrists are gargantuan as well?
Is that part of the problem?
That is true.
They are, right.
Well that could be.
I do have to buy the longestband and it barely fits.
So yes, in all seriousness though, likeall jokes aside, being really tall or
just a big person, which you're just bornthat way, like you have no, is it can
(11:01):
be very frustrating at times with yougotta get on a plane and you're in the
middle seat, or you gotta get in this car.
This car was not made for me.
I, it can be aggravating orwrists, like if you Yeah.
Lemme tell you buddy, Ilive that, that's my life.
So yes I definitely know that.
Like iPath, I buy car.
I'm empathizing with you.
Is what I'm trying to sayand I appreciate that Matt.
I appreciate that.
Alright, so watches are a good thing.
(11:23):
I'm gonna try to figure out watches,pocket watches, we've talked about those.
And even these old.
Generally speaking, quartz watches,meaning watches that usually use
a battery, are not among the mostcollected of watch types out there.
However, there are some collect, likethere's a brand called Swatch, SWA, TC H.
Mm-hmm.
That sell a lot of quartz watchesthat are still quite collectible, even
(11:45):
in used condition, rough condition.
You could still sell thosefor a hundred, 150 bucks.
Super popular back in the nineties.
Super popular.
They were.
And I think that they'remade, ah, what's the brand?
That's, they're owned byanother, more known brand.
And I can't think of what it is,but if you have ones that are
wind, hand, wind or automatics.
So automatic watches are ones when youwalk around and just the kinetic activity
(12:07):
of your movement is what keeps them going.
Wind up ones are where as the descriptionsuggests, you have to wind them.
You set the time, you wind them up, andthen they should last you the day, and
then you just wind 'em the next day.
And that's great 'causethey don't take batteries.
Brands obvious, like well-known brands,Elgin Brands, Waltham, a lot of these
that made pocket watches and thingstoo, can have really great values.
(12:29):
Again, they can also bemade of gold or silver.
Look in the back underneathof turn it around.
What would it be facing your wrist.
And usually they'll saythings like 14 karat gold.
It'll say 10 KRGP.
That means that one 20th of the metal.
Has a rolled gold platingthat is 10 karat pure gold.
(12:50):
People will buy those and just scrap thewatch, and then they'll scrap the metal
and they'll make money off the metal.
So has value.
And then lastly, don'tneglect pieces of jewelry.
So you have a necklace that gotreally twisted up in your jewelry,
in the wife's jewelry thing.
And she brought it in and askedher husband or someone else,
(13:11):
maybe she was gonna do it.
She was gonna untwist it.
Things happen, kids are comingin, you gotta take 'em to soccer
practice, whatever, right?
It ends up in the junk drawer.
Or you lost one of yourearrings, didn't you?
You don't know where it is.
You love those earrings.
Doggone it.
And they were pretty unique.
So you're like, I'm gonna, in caseI find it, I'm gonna keep this one.
Or maybe I'll try to findanother one years later.
You vaguely remember those earrings.
(13:31):
You still got one in there, but it's madeoutta silver or it's made outta gold.
Maybe it has a diamondin it or a sapphire.
Don't pitch that just becauseyou don't have the matching one,
that by itself someone mightwanna buy it for the gemstone.
They'll take the gemstone.
Somebody might want it for the gold.
Maybe they're you 20 years agoand they have the same pair
of earrings and they lost one.
Mm-hmm.
They're delighted to find that you werewilling to put this one on there so they
(13:55):
can buy so little pieces of jewelry.
Gold and silver.
I hear all the time.
Oh, I just threw that away.
'cause it was broken.
You just threw away 200 you,you flushed $200 down the tube.
Because it was made of $200 worthof gold and you didn't know.
Yeah.
So take a look.
You almost always, thosethings are stamped.
Again, you need a tiny magnifying glass.
You can look and see that even if it'smade outta silver or gold, maybe even just
(14:19):
put a bunch of that stuff that's brokenor bent together and sell it in one lot.
Because there's all kinds of reasonswhy a person might wanna buy that
from scrapping it to doing craft workwith it, to harvesting the gemstones
for other jewelry that they make.
And the list continues.
I did what we got 4, 5, 6, 7, 8, 9, 8 to10 types of things in the junk drawer.
(14:40):
Shoot.
Some of you out there might havehundreds of dollars just sitting.
Just imagine you opening thatjunk drawer and there's hundreds
of cash just sitting in there.
Right.
It could be little bit of workand you get yourself some money.
For sure.
Exactly.
Exactly.
Alright, Matt, this is ashow about what we sold.
We've run long, so we'regonna go through this.
I thought it was a show abouthow to buy firearms and drink.
(15:03):
Yeah, that too.
And produce alcohol for yourself at home.
And getting impaled by andgetting impaled by junk trucks.
Well, all What, did you sell this?
Did you sell anything this week?
A little slow, but what did you sell?
Anything?
I sold some things.
Ah, nice.
I could die and things would stillsell before someone shut down my store.
That's true.
That's true.
'Cause I've got so many things upthere, but I would take it over.
Yeah, you would.
I need to tell, I need to tell Flo whenshe gets off work at the bowling alley
(15:27):
tonight, I'll say, Hey, Brandon's the guy.
If anything happens tome, just call him up.
So one thing I sold is this necklaceand this doesn't belong to me.
This is a consignment item.
It is, I dunno how you would describe it.
It's not beats, looks like a snake.
It almost looks like a snake, but it'sa certain type of style of necklace.
And the thing that's unique aboutit is a, it's older, it's probably
(15:47):
from the seventies and it ismade entirely of sterling silver.
It would be what you wouldcall a Southwest style.
I think it was made by more ofa, like an independent artist.
An artist jeweler.
It's not a mass produced piece.
And this sold, I had it on forprobably a month and a half.
I had one person who was superinterested in it but just wouldn't
(16:09):
pay the price that I wanted and keptbeing like, Hey, are you gonna do this?
And to be honest, if it had belonged tome, I would've sold it a long time ago.
I would've got the money in my,but this belongs to somebody else.
And I don't wanna sell this underwhat I know its value is at 'cause.
I want to get them the best price.
So I even told them like, fulldisclosure, I'm selling this for somebody.
I would have more wiggle room ifit didn't belong to someone else.
This is what it is.
(16:30):
Mm-hmm.
And they've come back to mea couple times, Hey, are you
still ready to make that deal?
Yeah.
It still doesn't belong to me.
So it hasn't changed.
And yesterday I had that same thing.
And you know what?
It was like that person decided.
All right.
I put in the time, butI do really want this.
So they bought it sold for $130.
Wow.
This probably weighs about 35 to 40 grams.
So if they were just buying it forthe silver, they would've not paid
(16:53):
more than 25 to $28 probably for it.
But because this is more of an artistpiece, it's Southwest I got the price.
And listen, I won on that because Iheld out and I knew what the value was.
I wasn't willing to take less and.
I would've loved to gotten the moneysooner, but hopefully the person I'm
selling for will be happy that I, right.
(17:14):
It is a win-win.
The higher things sell for the more moneyI make and the more money they make.
Right.
And so I like working it out becauseI'm incentivized to do my best
to make the most money for them.
Mm-hmm.
Another thing that sold just yesterdaywas, and I've got 'em all in this
bag, I pulled one out to show whatyou, what looked like a bunch of kind
of white rocks are actually rough.
(17:35):
Opal.
So I'm gonna put it up close.
I don't know if you'll be ableto see if I get close and turn.
You might be able to see thefaintest color splashes with reds
and blues and purples, but these areall natural Australian opal rough
specimens you would call them and.
Even one in here, someonehad been working on them.
These are like preforms,so we'd call preforms.
(17:56):
So they've already grindedoff the hard exterior to get
the general color in there.
And then they put, they gluethem on these little dow rods.
And in case you didn't know how gemstoneswere cut or made, they aren't really cut.
That's almost a misnomer.
They are grinded downwith finer and finer.
Plates that have diamond chips, diamonddust on them at varying grades, almost
(18:18):
like sandpaper, and they just scrape it.
And that's how these are made.
And so here's one that someone wasworking on and it looks really good.
It's got some really cool color.
But all that to say, I hadthis up for about 200 and.
200 some dollars to begin with.
I ended up lowering it down toabout 175, so this sold for $175.
It sounds like a lot of money, but ifa person's willing to put in the work
(18:40):
and stick these in jewelry, they'regonna make really good money off of
this, and so they're gonna be happyto get this as good quality stuff.
Is that, are you selling thatfor somebody else as well?
No, that actually belongs to me.
That was something that I purchasedfrom a large lot of rock and minerals,
and so most of them were just rustspecimens, but a few of them in there
were things that someone who does somejewelry work had already worked on.
(19:02):
The last two things, this right herealso a piece that belongs to someone
I'm selling for locally, and what you'relooking at is probably about a eight inch
tall and five inch wide framed picture.
Inside is a hand painted portraitpicture of an Asian woman with a very
ornately and brightly colored outfit on.
(19:26):
And you can't tell from, the picturehere that I'm showing this to you, but
this is very thin white rice paper.
So this is a piece that was made.
In, I honestly can't remember if it'sJapanese or Chinese, and I apologize.
I think that it's Chinese.
It looks Chinese, and I think that thiswas made as a Chinese export piece.
(19:46):
So when there was this period of timein the early 19 hundreds when people
were getting really interested inoriental design and oriental items
and things, the Chinese people.
Realized and said, we need to startproducing a bunch of this stuff.
Usually it was not as good a quality'cause they were making it faster.
They weren't using as good a materials,but they were pumping this stuff out
specifically to, to export to the UnitedStates and other countries in Europe.
(20:10):
This is what would becalled a pith painting.
PITH.
Why is it called that?
I don't know the history on it.
And you probably don't care either.
But if you look up pth, PITH, you'regonna see a lot similar to this.
They were a lot more available than Iwould've thought, but it just goes to
show how many of these were produced.
'cause a lot of themare still in existence.
But this sold not for alot, it sold for about $70.
(20:33):
That's okay.
I would've loved to have been itto be more, but I'm not surprised
given how many were available.
When you wanna sell something you have,when there's a lot of others available.
You either sit on it a long time oryou price it under what most of them
are selling for so that people wantto buy yours and not someone else's.
And that's exactly what I did.
The last one here is a fun thing.
(20:53):
This is mine.
It is a little ring.
See if I can pop this up here.
It's an a vintage ring.
It's an art deco design ring.
It features white gold on most ofit, but then the bezel that holds the
stone in the center is yellow gold.
It's small, almost like a I don't know.
What would you call that shape?
I dunno.
It's a, it's like an eye almost lookslike, but it's like a, yeah, it's
(21:15):
like a, I figure your eye, if what'syour eye shape looks like to the side,
like a cat eye turn that verticallyand that's what it looks like.
Yeah.
But what it features is a bunch ofsmall diamonds and the center stone,
it's about a 1.4 karat natural ruby.
Or not Ruby, sorry.
A sapphire, a saline sapphire.
So it's like a mid to light color blue.
It's beautiful and it's a beautiful ring.
(21:36):
And sapphires that are a carrot ormore that either are untreated or only
have heat treatment can sell for justcrazy amounts of money, especially
if there's set in jewelry already.
That's nice.
Now the thing about this is Ibought this on auction on eBay.
I almost never buy things on auction.
I just don't wanna wait around.
I got too much to do.
(21:56):
I'm not following this right?
It's like if I want it.
So I follow this on auction and Iwas surprised to wake up one morning
to see that I was the winning bid.
I paid $332 for this, and Iwas pretty happy with that.
The reason I believe that it sold solittle is that there are a lot of scrapes
and abrasions on the top of this sapphire.
Which is odd.
I don't see this a lot becausesapphires are hard stones.
(22:18):
They're among the hardestgemstone out there.
Diamonds are a 10, outta10 on the hardness scale.
Sapphires and rubies are a nine,so they're among the hardest
stones you can find on the planet.
So they don't crack, they don't scrapevery easily, which is nice if you're
wearing it and you're touching on things.
Mm-hmm.
This one's heavily scraped.
My guess is somebody's gonna pullthis stone out and reshape it to make
it nicer, but I sold it yesterday.
(22:42):
Buy it now.
I had it up for, or, sorry,no, it wasn't buying now.
It was an auction, so ittook me a week to sell.
I bought it, they gave it to me.
I put it immediately on, andit sold in seven days for $720.
And how much did you pay for it?
I paid $332 on eBay.
A week later, I turned around and sold iton eBay, on auction again for $772 $720.
(23:05):
Holy cow.
Now, why was I able to do that?
I don't know.
Therein lies, one of the things aboutauctions is that if a person has an
auction that ends at a really weirdtime, like in the middle of the night,
how many people are up watching thatwaiting to bid, they now, they put
in their best bid, they go to bed.
And so you don't have, as a seller,the advantage of a bidding war.
(23:27):
But like, yeah, I want it.
They just put in their bidsand then whoever gets it.
I just happened to get it.
I knew that this had more of a value.
I took better pictures than the pictures.
The person I bought it from took.
I put more effort into describing it.
The other thing I. Is that itcomes with, it's already been
certified with a geological report.
It's somebody who's of independentthey have verified, and also this
(23:49):
isn't going directly to the buyer,it's actually going to a third party
authenticator that eBay contracts with.
So I'm not shipping this to the buyer.
I'm shipping this to a third partywho is just another step to say,
yes, this is in fact what theseller is claiming that it is.
And I like that because itmakes the buyer feel good.
If the buyer gets it and says, ah,this isn't even a real sapphire.
(24:11):
They can't do that.
They can't scam me in thatway because their third party
has already authenticated it.
That's going out today.
I felt good about that.
I'm getting a little bit more intothis 'cause I know jewelry so well.
I've discovered, this is somethingI'm doing this week and I'll
just drop this little tidbit.
I'm buying some of these older ringsfrom the Victorian and Georgian
era that have diamonds or sapphiresand also feature enamel paint.
(24:35):
So a lot of these back in the day wouldhave not just the metal in the stone,
but they would have some sort of designeither etched into it or painted.
A lot of times it's black or blue or red.
I'm focusing on the black, but I'mbuying some of these at a little bit
of lower value because I'm finding onesintentionally that are heavily worn
and a lot of the enamel has worn off.
Then I'm getting it and I'm goingout and I'm buying black fingernail
(24:59):
polish and mixing it with a. The clearfingernail polish, it's like a cover coat.
Mm-hmm.
The tart, I'm mixing that.
So you have both the color that youneed and also you have that durability,
and then I'm getting out my magnifyingglasses and I am painting, I'm
repainting, I'm refurbishing these sothat when I go back on, in some cases
(25:20):
I'll be able to sell these for twiceas much as I bought them for, simply
because I went down to CVS and I paid.
$8 for a couple of things, afingernail polish, and I spent
15 minutes to do the work.
That's just an example of ways you cansometimes repair or refurbish things,
and now they have immediately more value.
If I do this, I've got one comingin, in a week I'll try to give
(25:42):
an update on, did this actuallypan out the way that I thought?
But that's something I'm doing this week.
I'm always into different stuff.
All right.
Listen, this show went so long.
We talked so long about suchsilliness that I might do a
two-parter because it's Ooh.
Excellent.
We've never done a two-parter, but Ithere was so much information in this
show that I don't want to get missed.
Yeah.
Even at the end.
(26:03):
You just keep bringing, you just, Matt,you just keep bringing it and bringing it.
Mm-hmm.
Yeah, we're trying to give thepeople what they want, but I don't
want to give them too much of whatthey want right up front, for sure.
Any last words for theVW bug driving seller?
It may be that I may be, that I just,had a little bit too much of my home
homegrown hooch before the episode,and I'm just very long-winded today.
(26:23):
I know that didn't happen.
I would say, guys, go over to your, inall seriousness, go to your junk drawer.
There's stuff in there that,let's be honest, you don't use it.
It's broken.
It's damaged.
It'll feel nice to clean it out.
This is a really good entrypoint to selling because
there's no cost involved to you.
You don't have to go out andwonder if you got something,
wonder if you spent too much on it.
None of that.
(26:43):
You can deal with that later.
Get some good experiences, sellsome things, learn the process.
Then you're gonna be in a good positionto start to go out and do it elsewhere.
Alright, whether you're listeningto part one or part two, remember to
follow, like, and subscribe.
It's super helpful to us.
We really appreciate everybody.
Hopefully you picked up somethingthat you can make a little moolah
(27:05):
from Moula being cash cashola fromthis week, fat stacks of cash.
Otherwise, we, that isall the time we have.
We'll be back with a brand newshow or part two depending on when
you're listening to this next week.
And so we hope everybody has a great week.
We'll talk with you soon.
Welcome back to the What Sold podcast.
I'm Brandon, as promised.
This is part two or part duhof the Junk Drawer episode.
It was so long and it was packedwith so much information that
we did not want to cheat you.
You were out and driving around,you'd be like, ah, I don't have an
hour to spend on this show, but.
We have cut it into two bite-sizedchunks for you to enjoy, so
(01:01):
hopefully you will enjoy it.
We're gonna pick up right where we leftoff in part one, so on with the show.
So definitely do some researchbefore you pitch things.
And I only say that folks, becauseI'm telling you every single time
without fail, every single timesomeone contacts me and says, Hey,
I heard that you do what you do.
Would you be interested inselling some things for me?
(01:22):
And when we get into the conversation,either on the phone or when I'm in, in
front of them and I tell them, 'causeI, again, I just give information.
I'm not trying to withhold.
So if I see something, I'll buy you.
By the way, this can have somevaluable, I tell 'em, they go, oh
man I wish I'd known that last month.
I donated like 50 of those.
To the without fail.
So many people donate things orthrow 'em, or they'll say, oh
(01:43):
man, I had a box full of that.
I just threw it away because theydidn't take the time to research it.
The number one thing I tell peopleto orient themselves when they start
thinking about doing this is do notbase your idea of value of an item
based on your interest in that item.
(02:03):
What you think people might wantbecause you are not a mind reader.
You don't know.
Do the research.
Get on and look.
Don't throw that thing away.
I have several examples of thingsthat I even thought was ugly.
It's damaged, it's notfunctioning properly.
It just needs to be pitched.
But then there's that naggingfeeling what if I'm wrong?
It takes five seconds to check that out.
(02:23):
Many times I have been surprisedand made money because I did that.
So it doesn't take long.
Definitely do it.
Tape measures are anotherthing I'm gonna hold up.
A big one, and a lot of times they'retoo big to fit in a junk drawer.
Sometimes they're smaller.
Here's a very big.
See this, it's a tape dispenser.
This is a tape dispenser.
Oh, I said tape measure.
Yeah.
So I'm, yeah both.
I don't know why I pulled this up.
(02:44):
I think I was just thinking of tape.
No, that's a huge tape dispenser.
So we'll do 'em.
We'll do 'em quickly.
This is a very large one.
This is a brand calledable, A BEL number 50.
And I love that because I don't have tosearch around, I just put in number 50
and I'm gonna see what they sell for.
Right.
And and this is great.
I've had this on my deskfor probably four years.
I've not even gone througha 10th of the tape on this.
(03:05):
I don't use tape a lot, butwhen I do, it's right here.
So for me, super functional.
If I didn't have this, I mightbe the one online looking for it
for an old one, and I would wanta big old one because they last.
Tape measures are another thing.
Certain brands we talked about withtools last week, brands like Craftsman,
like Stanley some older quirkier ones,maybe it's an interesting color, maybe.
(03:27):
I don't know.
There could be some sort offeature about it that people want
a certain model they hold up.
So tape measures canalso have good values.
Yeah, you can go out to any departmentstore and buy a tape measure, but
there are collectors from older onesand maybe people just want to get
on and say, maybe it's not aboutthem getting something collectible.
Maybe it's about them justgetting a better deal.
(03:47):
I don't want to go out and spend $20,$25 on a tape measure when I can buy
one for 15 and it's perfectly good.
So why not?
And the old ones are heavier dutyso that the actual tape part that
you measure with doesn't fold over.
A lot of times that's theproblem of the newer ones.
They're made from like cheaper alloy.
Yeah.
So they bend when you're pulling,these are like old steel, like
thin steel and they can bend.
(04:08):
Yeah.
And and yeah.
And these things survive working on thejob site dropped a thousand times, right?
Yeah.
They got some dents, but you know what?
Just like the hand tools you talkedabout last week, it's gonna outlive you.
Someone's gonna buy that when you'redead and it's still gonna have use.
There is something to be saidfor the quality of older of
some types of older things.
Mm-hmm.
We'd said hand tools.
I'll say hand tools.
(04:29):
Again, I don't need to get into a lotthat a lot because you can find maybe
hand tools, other places, but justknow that things like pliers, things
like screwdrivers, different types ofspecialty, small tools that are still
functional and usable have value.
You can go out sometimes andbuy things for a dollar that are
worth 20 or 30 at thrift stores.
I do it all the time.
(04:50):
But if you're only paying 50cents or a dollar for an item,
you're happily take 10 or $15.
That's not a lot of money, but yourreturn on your investment is quite large.
That's an easy entry point.
That's the type of thing, and ifyou've got it at your house and
you don't use it all the better.
It costs you nothing right now,so you just spend the time listing
it and you can make some money.
(05:10):
Let's get into a coupleother things real quick.
Coins is another thing.
Loose change.
Pennies, nickels, dimes, quarters.
Maybe you got some half, maybe yougot some Eisenhower dollars in there.
Maybe you got some Kennedyhalf dollars from yesteryear.
Who knows?
Maybe you got a $2 billfolded up in there.
You forgot about, you pull outthe little tray and it's just been
collecting dust underneath of that.
There's all kinds of values incurrency and doesn't even have
(05:34):
to be American currency, butparticularly American currency.
Did you know that certain.
Coins, nickels, dimes, quarters, if theywere produced, a lot of times, like 64
is a date, but a lot of them prior to themid sixties are made of like 90% silver.
They're not making quarters and dimesand nickels outta silver anymore.
(05:54):
They're making 'em outta allies.
But back then they weren'tmaking them outta silver.
So if you, find a bunch of coinsand you find a bunch of old ones,
it could have value because maybeit's made with precious metals also.
There is an avid collectorbase for coins that are good
condition coins that have errors.
Get out a loop, like a jeweler'sloop, a little magnifying glass, and
(06:16):
look, if it looks like there's an odd.
About that.
Maybe it was, there wasa mis, a miss stamp.
Maybe something's overlapping.
Maybe the date is melded to theedge and it shouldn't be like that.
Maybe the mint mark, it's a D forDenver, but instead of it being a full
D it's just, it just looks like a lumpof metal and it was like it was filled
in, not supposed to be filled in.
(06:36):
That's an error.
People will pay ridiculousamounts of money for some of
these coins, and I'm not saying.
You're gonna find a thousand dollarscoin and your junk drawer, but you might
find a dime that's worth two bucks.
And that doesn't sound like a lot, butif you found a lot of loose change,
if you get a quarter, and I don't knowwhat they are, some of these Kennedy,
half dollars, some of these, they have17, $18 just in scrap silver content.
(06:59):
So people might buy 'em at a deal justto scrap 'em, have 'em melted down.
Sometimes people buy 'em if they'rein good condition and they send 'em
off to be graded, because once it'sgraded at a high grade, they can then
turn around and sell it for a lot more.
And maybe that's your route.
Maybe you don't sell it right away.
Maybe you look up the values and you say,I have this is a good a good quality coin.
Maybe this would qualify for me to spenda couple extra bucks to get it graded
(07:23):
because the difference between the samequality point, one that is not graded
and loose versus one that is graded.
Dramatic differences in pricesand collectors would prefer to
get ones either that are alreadyslabbed, that's what they call it.
Slabbed already graded or buy somethingreally cheap, it's in condition,
and then they'll spend the money.
So look for coins, pocket knives.
(07:45):
There's another fun one.
Pocket knives that have been in there.
You can find old pocket knivesin old fishing like tackle boxes.
Find those all the time.
You can find them in your junk drawer.
They're all over the place.
Out in your garage on your work bench.
I. I've gone to all kinds ofestate sales where they let you
in the garage and there's justrandom pocket knives laying around.
(08:06):
Certain brands, older ones I wouldlook, especially ones that have bone
or antler as a part of the handle.
So these are usually pocket knives thathave two blades, two to four blades.
Sometime, maybe just one, but thereare, Case is an obvious, it's the most
collected brand today, CASE, case Knives.
(08:27):
They still make them, but there area lot of really awesome older brands
like Kaus and some of these thatcan bring multiples of hundreds of
dollars for a little pocket knife.
Why?
Because it was made in the late,you didn't know this, but it was
made in the late 18 hundreds by awell-respected, well collected brand.
If you don't know what it is,what brand it is, that's okay.
Most of the higher end and olderbranded knives, if you open up the
(08:51):
blade, typically on the largestblade, but sometimes on others at
the hilt, right where it's closest tothe handle, right at the very bottom
of the blade, it usually has themanufacturer's stamp of who made it.
Either on that side oron the reverse side.
It'll have a model number that'sjust like we were talking about
with these staplers and things.
Just look up that brand.
(09:13):
In the model owner, eBay, even some thathave one of the blades is broken in half.
It happened, people usedthem and the tip broke off.
Some of those are still highlycollectible, even in poor condition.
So check out the pocket knives.
Last couple of things.
Watches Pocket watch.
Watch that you had.
You just threw it in there becausethe battery ran out and you're like,
(09:36):
ah, I'm gonna get another battery.
Well, 15 years has passed.
I don't think you're getting that battery.
It's like the guy who has the carin his garage that is gonna suit,
work on it and no, you're notyou're gonna go sell those parts.
Have you been looking throughsome of my drawers, Matt?
Hey, listen.
Okay, so full disclosure, telleveryone what you said to me right
before we got on about the watch.
I have a watch that, I love this watch.
(09:57):
In fact, I'm gonna try to set salvagethis watch, but it's a Garmin watch,
so it's one of those sports watchesthat I think I paid like $400 for it.
And the back of it, where the little,you can't really see it probably, but
the back of it, there's these littlewhere the prongs go in for the band.
It cracked off so the bandcan't stay on anymore.
So basically this fullyfunctioning awesome 400 watch is
(10:20):
in a sense ostensibly worthless.
Is that like a, I mean,we didn't talk about it.
Is that like a super glue situation?
Could superglue hold that in place?
No.
No, because the part was so small.
Mm-hmm.
That I don't even know where it fell off.
It just, it broke off one day.
I didn't know what had happened.
Mm-hmm.
And then when I went to putit back on, I was like, ah.
So I might try to find the back part.
(10:40):
To replace it.
But is it because much like howlarge your fingers are, that your
wrists are gargantuan as well?
Is that part of the problem?
That is true.
They are, right.
Well that could be.
I do have to buy the longestband and it barely fits.
So yes, in all seriousness though, likeall jokes aside, being really tall or
just a big person, which you're just bornthat way, like you have no, is it can
(11:01):
be very frustrating at times with yougotta get on a plane and you're in the
middle seat, or you gotta get in this car.
This car was not made for me.
I, it can be aggravating orwrists, like if you Yeah.
Lemme tell you buddy, Ilive that, that's my life.
So yes I definitely know that.
Like iPath, I buy car.
I'm empathizing with you.
Is what I'm trying to sayand I appreciate that Matt.
I appreciate that.
Alright, so watches are a good thing.
(11:23):
I'm gonna try to figure out watches,pocket watches, we've talked about those.
And even these old.
Generally speaking, quartz watches,meaning watches that usually use
a battery, are not among the mostcollected of watch types out there.
However, there are some collect, likethere's a brand called Swatch, SWA, TC H.
Mm-hmm.
That sell a lot of quartz watchesthat are still quite collectible, even
(11:45):
in used condition, rough condition.
You could still sell thosefor a hundred, 150 bucks.
Super popular back in the nineties.
Super popular.
They were.
And I think that they'remade, ah, what's the brand?
That's, they're owned byanother, more known brand.
And I can't think of what it is,but if you have ones that are
wind, hand, wind or automatics.
So automatic watches are ones when youwalk around and just the kinetic activity
(12:07):
of your movement is what keeps them going.
Wind up ones are where as the descriptionsuggests, you have to wind them.
You set the time, you wind them up, andthen they should last you the day, and
then you just wind 'em the next day.
And that's great 'causethey don't take batteries.
Brands obvious, like well-known brands,Elgin Brands, Waltham, a lot of these
that made pocket watches and thingstoo, can have really great values.
(12:29):
Again, they can also bemade of gold or silver.
Look in the back underneathof turn it around.
What would it be facing your wrist.
And usually they'll saythings like 14 karat gold.
It'll say 10 KRGP.
That means that one 20th of the metal.
Has a rolled gold platingthat is 10 karat pure gold.
(12:50):
People will buy those and just scrap thewatch, and then they'll scrap the metal
and they'll make money off the metal.
So has value.
And then lastly, don'tneglect pieces of jewelry.
So you have a necklace that gotreally twisted up in your jewelry,
in the wife's jewelry thing.
And she brought it in and askedher husband or someone else,
(13:11):
maybe she was gonna do it.
She was gonna untwist it.
Things happen, kids are comingin, you gotta take 'em to soccer
practice, whatever, right?
It ends up in the junk drawer.
Or you lost one of yourearrings, didn't you?
You don't know where it is.
You love those earrings.
Doggone it.
And they were pretty unique.
So you're like, I'm gonna, in caseI find it, I'm gonna keep this one.
Or maybe I'll try to findanother one years later.
You vaguely remember those earrings.
(13:31):
You still got one in there, but it's madeoutta silver or it's made outta gold.
Maybe it has a diamondin it or a sapphire.
Don't pitch that just becauseyou don't have the matching one,
that by itself someone mightwanna buy it for the gemstone.
They'll take the gemstone.
Somebody might want it for the gold.
Maybe they're you 20 years agoand they have the same pair
of earrings and they lost one.
Mm-hmm.
They're delighted to find that you werewilling to put this one on there so they
(13:55):
can buy so little pieces of jewelry.
Gold and silver.
I hear all the time.
Oh, I just threw that away.
'cause it was broken.
You just threw away 200 you,you flushed $200 down the tube.
Because it was made of $200 worthof gold and you didn't know.
Yeah.
So take a look.
You almost always, thosethings are stamped.
Again, you need a tiny magnifying glass.
You can look and see that even if it'smade outta silver or gold, maybe even just
(14:19):
put a bunch of that stuff that's brokenor bent together and sell it in one lot.
Because there's all kinds of reasonswhy a person might wanna buy that
from scrapping it to doing craft workwith it, to harvesting the gemstones
for other jewelry that they make.
And the list continues.
I did what we got 4, 5, 6, 7, 8, 9, 8 to10 types of things in the junk drawer.
(14:40):
Shoot.
Some of you out there might havehundreds of dollars just sitting.
Just imagine you opening thatjunk drawer and there's hundreds
of cash just sitting in there.
Right.
It could be little bit of workand you get yourself some money.
For sure.
Exactly.
Exactly.
Alright, Matt, this is ashow about what we sold.
We've run long, so we'regonna go through this.
I thought it was a show abouthow to buy firearms and drink.
(15:03):
Yeah, that too.
And produce alcohol for yourself at home.
And getting impaled by andgetting impaled by junk trucks.
Well, all What, did you sell this?
Did you sell anything this week?
A little slow, but what did you sell?
Anything?
I sold some things.
Ah, nice.
I could die and things would stillsell before someone shut down my store.
That's true.
That's true.
'Cause I've got so many things upthere, but I would take it over.
Yeah, you would.
I need to tell, I need to tell Flo whenshe gets off work at the bowling alley
(15:27):
tonight, I'll say, Hey, Brandon's the guy.
If anything happens tome, just call him up.
So one thing I sold is this necklaceand this doesn't belong to me.
This is a consignment item.
It is, I dunno how you would describe it.
It's not beats, looks like a snake.
It almost looks like a snake, but it'sa certain type of style of necklace.
And the thing that's unique aboutit is a, it's older, it's probably
(15:47):
from the seventies and it ismade entirely of sterling silver.
It would be what you wouldcall a Southwest style.
I think it was made by more ofa, like an independent artist.
An artist jeweler.
It's not a mass produced piece.
And this sold, I had it on forprobably a month and a half.
I had one person who was superinterested in it but just wouldn't
(16:09):
pay the price that I wanted and keptbeing like, Hey, are you gonna do this?
And to be honest, if it had belonged tome, I would've sold it a long time ago.
I would've got the money in my,but this belongs to somebody else.
And I don't wanna sell this underwhat I know its value is at 'cause.
I want to get them the best price.
So I even told them like, fulldisclosure, I'm selling this for somebody.
I would have more wiggle room ifit didn't belong to someone else.
This is what it is.
(16:30):
Mm-hmm.
And they've come back to mea couple times, Hey, are you
still ready to make that deal?
Yeah.
It still doesn't belong to me.
So it hasn't changed.
And yesterday I had that same thing.
And you know what?
It was like that person decided.
All right.
I put in the time, butI do really want this.
So they bought it sold for $130.
Wow.
This probably weighs about 35 to 40 grams.
So if they were just buying it forthe silver, they would've not paid
(16:53):
more than 25 to $28 probably for it.
But because this is more of an artistpiece, it's Southwest I got the price.
And listen, I won on that because Iheld out and I knew what the value was.
I wasn't willing to take less and.
I would've loved to gotten the moneysooner, but hopefully the person I'm
selling for will be happy that I, right.
(17:14):
It is a win-win.
The higher things sell for the more moneyI make and the more money they make.
Right.
And so I like working it out becauseI'm incentivized to do my best
to make the most money for them.
Mm-hmm.
Another thing that sold just yesterdaywas, and I've got 'em all in this
bag, I pulled one out to show whatyou, what looked like a bunch of kind
of white rocks are actually rough.
(17:35):
Opal.
So I'm gonna put it up close.
I don't know if you'll be ableto see if I get close and turn.
You might be able to see thefaintest color splashes with reds
and blues and purples, but these areall natural Australian opal rough
specimens you would call them and.
Even one in here, someonehad been working on them.
These are like preforms,so we'd call preforms.
(17:56):
So they've already grindedoff the hard exterior to get
the general color in there.
And then they put, they gluethem on these little dow rods.
And in case you didn't know how gemstoneswere cut or made, they aren't really cut.
That's almost a misnomer.
They are grinded downwith finer and finer.
Plates that have diamond chips, diamonddust on them at varying grades, almost
(18:18):
like sandpaper, and they just scrape it.
And that's how these are made.
And so here's one that someone wasworking on and it looks really good.
It's got some really cool color.
But all that to say, I hadthis up for about 200 and.
200 some dollars to begin with.
I ended up lowering it down toabout 175, so this sold for $175.
It sounds like a lot of money, but ifa person's willing to put in the work
(18:40):
and stick these in jewelry, they'regonna make really good money off of
this, and so they're gonna be happyto get this as good quality stuff.
Is that, are you selling thatfor somebody else as well?
No, that actually belongs to me.
That was something that I purchasedfrom a large lot of rock and minerals,
and so most of them were just rustspecimens, but a few of them in there
were things that someone who does somejewelry work had already worked on.
(19:02):
The last two things, this right herealso a piece that belongs to someone
I'm selling for locally, and what you'relooking at is probably about a eight inch
tall and five inch wide framed picture.
Inside is a hand painted portraitpicture of an Asian woman with a very
ornately and brightly colored outfit on.
(19:26):
And you can't tell from, the picturehere that I'm showing this to you, but
this is very thin white rice paper.
So this is a piece that was made.
In, I honestly can't remember if it'sJapanese or Chinese, and I apologize.
I think that it's Chinese.
It looks Chinese, and I think that thiswas made as a Chinese export piece.
(19:46):
So when there was this period of timein the early 19 hundreds when people
were getting really interested inoriental design and oriental items
and things, the Chinese people.
Realized and said, we need to startproducing a bunch of this stuff.
Usually it was not as good a quality'cause they were making it faster.
They weren't using as good a materials,but they were pumping this stuff out
specifically to, to export to the UnitedStates and other countries in Europe.
(20:10):
This is what would becalled a pith painting.
PITH.
Why is it called that?
I don't know the history on it.
And you probably don't care either.
But if you look up pth, PITH, you'regonna see a lot similar to this.
They were a lot more available than Iwould've thought, but it just goes to
show how many of these were produced.
'cause a lot of themare still in existence.
But this sold not for alot, it sold for about $70.
(20:33):
That's okay.
I would've loved to have been itto be more, but I'm not surprised
given how many were available.
When you wanna sell something you have,when there's a lot of others available.
You either sit on it a long time oryou price it under what most of them
are selling for so that people wantto buy yours and not someone else's.
And that's exactly what I did.
The last one here is a fun thing.
(20:53):
This is mine.
It is a little ring.
See if I can pop this up here.
It's an a vintage ring.
It's an art deco design ring.
It features white gold on most ofit, but then the bezel that holds the
stone in the center is yellow gold.
It's small, almost like a I don't know.
What would you call that shape?
I dunno.
It's a, it's like an eye almost lookslike, but it's like a, yeah, it's
(21:15):
like a, I figure your eye, if what'syour eye shape looks like to the side,
like a cat eye turn that verticallyand that's what it looks like.
Yeah.
But what it features is a bunch ofsmall diamonds and the center stone,
it's about a 1.4 karat natural ruby.
Or not Ruby, sorry.
A sapphire, a saline sapphire.
So it's like a mid to light color blue.
It's beautiful and it's a beautiful ring.
(21:36):
And sapphires that are a carrot ormore that either are untreated or only
have heat treatment can sell for justcrazy amounts of money, especially
if there's set in jewelry already.
That's nice.
Now the thing about this is Ibought this on auction on eBay.
I almost never buy things on auction.
I just don't wanna wait around.
I got too much to do.
(21:56):
I'm not following this right?
It's like if I want it.
So I follow this on auction and Iwas surprised to wake up one morning
to see that I was the winning bid.
I paid $332 for this, and Iwas pretty happy with that.
The reason I believe that it sold solittle is that there are a lot of scrapes
and abrasions on the top of this sapphire.
Which is odd.
I don't see this a lot becausesapphires are hard stones.
(22:18):
They're among the hardestgemstone out there.
Diamonds are a 10, outta10 on the hardness scale.
Sapphires and rubies are a nine,so they're among the hardest
stones you can find on the planet.
So they don't crack, they don't scrapevery easily, which is nice if you're
wearing it and you're touching on things.
Mm-hmm.
This one's heavily scraped.
My guess is somebody's gonna pullthis stone out and reshape it to make
it nicer, but I sold it yesterday.
(22:42):
Buy it now.
I had it up for, or, sorry,no, it wasn't buying now.
It was an auction, so ittook me a week to sell.
I bought it, they gave it to me.
I put it immediately on, andit sold in seven days for $720.
And how much did you pay for it?
I paid $332 on eBay.
A week later, I turned around and sold iton eBay, on auction again for $772 $720.
(23:05):
Holy cow.
Now, why was I able to do that?
I don't know.
Therein lies, one of the things aboutauctions is that if a person has an
auction that ends at a really weirdtime, like in the middle of the night,
how many people are up watching thatwaiting to bid, they now, they put
in their best bid, they go to bed.
And so you don't have, as a seller,the advantage of a bidding war.
(23:27):
But like, yeah, I want it.
They just put in their bidsand then whoever gets it.
I just happened to get it.
I knew that this had more of a value.
I took better pictures than the pictures.
The person I bought it from took.
I put more effort into describing it.
The other thing I. Is that itcomes with, it's already been
certified with a geological report.
It's somebody who's of independentthey have verified, and also this
(23:49):
isn't going directly to the buyer,it's actually going to a third party
authenticator that eBay contracts with.
So I'm not shipping this to the buyer.
I'm shipping this to a third partywho is just another step to say,
yes, this is in fact what theseller is claiming that it is.
And I like that because itmakes the buyer feel good.
If the buyer gets it and says, ah,this isn't even a real sapphire.
(24:11):
They can't do that.
They can't scam me in thatway because their third party
has already authenticated it.
That's going out today.
I felt good about that.
I'm getting a little bit more intothis 'cause I know jewelry so well.
I've discovered, this is somethingI'm doing this week and I'll
just drop this little tidbit.
I'm buying some of these older ringsfrom the Victorian and Georgian
era that have diamonds or sapphiresand also feature enamel paint.
(24:35):
So a lot of these back in the day wouldhave not just the metal in the stone,
but they would have some sort of designeither etched into it or painted.
A lot of times it's black or blue or red.
I'm focusing on the black, but I'mbuying some of these at a little bit
of lower value because I'm finding onesintentionally that are heavily worn
and a lot of the enamel has worn off.
Then I'm getting it and I'm goingout and I'm buying black fingernail
(24:59):
polish and mixing it with a. The clearfingernail polish, it's like a cover coat.
Mm-hmm.
The tart, I'm mixing that.
So you have both the color that youneed and also you have that durability,
and then I'm getting out my magnifyingglasses and I am painting, I'm
repainting, I'm refurbishing these sothat when I go back on, in some cases
(25:20):
I'll be able to sell these for twiceas much as I bought them for, simply
because I went down to CVS and I paid.
$8 for a couple of things, afingernail polish, and I spent
15 minutes to do the work.
That's just an example of ways you cansometimes repair or refurbish things,
and now they have immediately more value.
If I do this, I've got one comingin, in a week I'll try to give
(25:42):
an update on, did this actuallypan out the way that I thought?
But that's something I'm doing this week.
I'm always into different stuff.
All right.
Listen, this show went so long.
We talked so long about suchsilliness that I might do a
two-parter because it's Ooh.
Excellent.
We've never done a two-parter, but Ithere was so much information in this
show that I don't want to get missed.
Yeah.
Even at the end.
(26:03):
You just keep bringing, you just, Matt,you just keep bringing it and bringing it.
Mm-hmm.
Yeah, we're trying to give thepeople what they want, but I don't
want to give them too much of whatthey want right up front, for sure.
Any last words for theVW bug driving seller?
It may be that I may be, that I just,had a little bit too much of my home
homegrown hooch before the episode,and I'm just very long-winded today.
(26:23):
I know that didn't happen.
I would say, guys, go over to your, inall seriousness, go to your junk drawer.
There's stuff in there that,let's be honest, you don't use it.
It's broken.
It's damaged.
It'll feel nice to clean it out.
This is a really good entrypoint to selling because
there's no cost involved to you.
You don't have to go out andwonder if you got something,
wonder if you spent too much on it.
None of that.
(26:43):
You can deal with that later.
Get some good experiences, sellsome things, learn the process.
Then you're gonna be in a good positionto start to go out and do it elsewhere.
Alright, whether you're listeningto part one or part two, remember to
follow, like, and subscribe.
It's super helpful to us.
We really appreciate everybody.
Hopefully you picked up somethingthat you can make a little moolah
(27:05):
from Moula being cash cashola fromthis week, fat stacks of cash.
Otherwise, we, that isall the time we have.
We'll be back with a brand newshow or part two depending on when
you're listening to this next week.
And so we hope everybody has a great week.
We'll talk with you soon.
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