How To Spot Valuable Collectables at Storage Auctions
Wouldn't it be great if each and every storage unit auction contained a treasure trove of valuable items? If this were the case, you would probably see more people entering this business. While some storage units contain jewelry, firearms and other high-dollar items, others contain few items of any real value. The good news, however, is that you can often identify valuable storage units by looking for certain types of collectables.
If you see an autographed item in a storage unit, it's probably worth something. Whether it's a football, baseball, sports jersey, guitar, drumstick, or even an old magazine, autographs are always in high demand. And when something is in high demand, it's worth money. Be warned, though, print autographs are typically of little-to-no value, so avoid heavy bidding on units containing print autographs. When the auctioneer cuts the lock and lifts the gate on a unit, pay close attention to see if it contains any genuine autographed items.
The popularity of sports card collecting has dramatically declined over the past 20-30 years. With that said, there are still tens of thousands of people who collect baseball, football and hockey cards. Storage units filled with sports cards may hold some serious value -- it all depends on the type of cards. For instance, baseball cards from the pre-1970s are worth significantly more money than baseball cards than cards from the post-1970s. Familiarize yourself with some of the different sports card companies (e.g. Topps, Donruss, etc.) and their respective designs of the 1950s, 60s and 70s.
It should come as no surprise that jewelry is a high-dollar collectable that's often found in storage units. Some people purchase jewelry to accessorize their outfit, whereas others purchase it for the sake of collecting. If you notice a storage unit with a box of rings, necklaces, earrings or other jewelry, don't be afraid to raise your bid. From antique engagement rings to modern black diamond jewelry, the possibilities are endless. And best of all, jewelry is easy to resell, making your job just a little easier.
Who says old kids' toys are junk? Don't get me wrong, most toys you'll come across are probably worth little-to-no money, but others might be worth hundreds or even thousands of dollars. This is particularly true for some of the early Barbie Dolls, which can easily fetch over $1,000 a pop.