Making Extra Money with Garage Sales and Goodwill Finds

in goodwill •  7 years ago  (edited)

One of my favorite movies is National Treasure. It's one of the only films I enjoy watching time and time again. History intrigues me and when you couple history with treasure hunting, it's all the better!

I consider my free time spent at Thrift Stores and Goodwill's a treasure hunt. I enjoy the aspect of finding that "diamond in the rough." Today, I want to share with you some of the items that I have bought for a few dollars and ended up making 3 or more times that much in reselling. My all-time favorite place to shop to this day is Goodwill. And on one item, I actually made forty times my initial investment.

About four months ago, I dropped in at my local Goodwill and browsed the shelves, looking for items of value that were under priced. Not finding anything to suit my fancy, I turned my attention to a cart just rolled from the back with newly sorted goodies. One item that caught my eye immediately, was a white cat. Upon further inspection, I realized it was cast iron and in its heyday had been used as doorstop.

A few days later, friends of mine and fellow re-sellers showed the cat to a local auctioneer whose expertise was antiques. He determined the cat wasn't a Hubley (the gold standard in antique cast iron doorstops), but a very early and very good reproduction. I was a bit disappointed it wasn't a Hubley, but it still had value.

A day later I listed the cat on the Facebook Marketplace, submitting several photos highlighting the cat's detail. Within a few days, a lady in a neighboring town expressed interest and purchased the cat for $80.

Oh, I haven't shared how much I invested in the cat. I paid $2.

This proves it is possible to find items to resell and make a substantial profit. Other goods earning significant returns are vinyl albums. Records are making a revival in popularity. Granted, not all records will sell, but when homeowners tag them for fifty cents at a garage sale, the odds of making money are significant. Recently, I snagged five Elvis records at a garage sale for one dollar per album. A couple of weeks later I sold those same five albums for a total of $30 in my flea market booth.

I will continue to post articles, giving tips on what to look for when thrifting and shopping at yard sales. I hope this gives helpful insight.

Now, go treasure hunting!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!