Treasure hunting- Legit way to make money!
March 26, 2010 by
Filed under Local Auctions
I’m just taking the rest of you on my journey to treasure hunting at thrift stores, estate sales, and local auctions. Included in the video are just a taste of some of the goodies I found just in the last year. The greatest asset in making money is to be ahead of the game. I carry my jeweler’s loupe, my gold/silver testing acid, and my diamond tester with me everywhere I go, because you never know when you’re going to find that one-of-a-kind treasure. Most of my money is made by being diligent and looking for the sleeper items most people passover. It’s surprising how many items you could find at a thirft store or a flea market that are highly collectible and valuable, and most people never even notice. The key is to keep your eyes open, learn your market well, and never pass over something you think could be a true find. Educate yourself and you are on your way to becoming a successful entrepreneur on your own terms. I deal in antiques, collectibles, jewelry, coins, art, pottery, and anything else that offers earning potential. I will try to post more videos of some of my great finds shortly, but till then, enjoy the clip and feel free to ask any questions you might have. =)
awesome
I have done this all the time and made tons of cash last year, planning to do better this year
I do this all the time, and i know my stuff.
I once paid 50p for a victorian gold and .5carat diamond brooch, i sold it at auction for 400 pounds!
Silver jewelery is a common find, occasionaly i will find gold.
I once came close to buying 14.000 pounds worth of paintings(two) for a fiver each!
I wasnt sure at the time and went to an internet cafe to look up the Artist..Johnathan wade royal hibernian academy. got back to the trift shop and a student chap got there before me!
some we win…..
. . . experience. Once you get used to the density, look, and feel of gold, you rely on the testing acid less and depend on your instincts. I still test when it’s a big ticket items. Silver hollow ware, flatware ect., I rarely test, because they have been hallmarking it for centuries.
lol believe me, I’ve made my share of mistakes in the past. Eventually you get used to it and know what to look for. I still make mistakes now and then, but it’s nothing more than maybe a $2 item at a thrift.
There are a lot of great opportunities beyond thrifts, check out proxibid, people who misdescribe items on ebay to their own disadvantage, self-storage auctions, ect.
I carry a diamond tester and aqua regia. Most thrifts and auctions are fine with me testing, but I mostly rely on exper.
wish i had the time to hit the thrift stores like that,.. good scores!
Wow,
You do very good at this. Not everyone can go out and be this lucky. It takes a little know how, like what to look for and where to go. Some places don’t have a lot of thrift stores. I live in a small town maybe one thrift store in a 30 mile radius. This sucks because lots of people go to this one store looking for treasure. So you fail almost every time.
Please give example of when you would test something. I know most store owners don’t want you dumping acid on things?
Thank you.