OT? Californiasportscards on Auction Hunters Tues 12/14

[Bilko G]

Originally Posted by D. Bergin

Saw the show with the baseball cards, obviously he didn't know much about them but he seemed like he was going to do just fine with the accumulation of all the other material he pulled out of there.

if they exaggerate the prices of these Baseball cards you gotta really wonder how much they exaggerate the prices of the other "treasures" they find in these storage units?

I also gotta wonder why so many people just abandon all these high priced, rare items in these storage lockers? Like the episode where they found all the rare coins and silver pieces. Its not like someone couldn't have just kept those in their junk drawer instead of putting them in a storage unit. I can understand people abandoning their "garbage" in these storage units, but why are people leaving all those valuable items in there? I'm thinking a lot of these great "finds" on these shows are more than likely all staged, just to make the show more interesting.

[D. Bergin]

Originally Posted by Bilko G

if they exaggerate the prices of these Baseball cards you gotta really wonder how much they exaggerate the prices of the other "treasures" they find in these storage units?

I also gotta wonder why so many people just abandon all these high priced, rare items in these storage lockers? Like the episode where they found all the rare coins and silver pieces. Its not like someone couldn't have just kept those in their junk drawer instead of putting them in a storage unit. I can understand people abandoning their "garbage" in these storage units, but why are people leaving all those valuable items in there? I'm thinking a lot of these great "finds" on these shows are more than likely all staged, just to make the show more interesting.

Oh, I'm sure most if not all prices are greatly exaggerated. Still, it looks like there's the opportunity for some pretty good turnover. I don't think it's a coincidence most of these guys bidding on these units own consignment and retail shops and the means to move a lot of this type of stuff.

I'm betting a lot of these abandoned storage units belonged to people who are now deceased and the remaining estates either don't know about the units or find out too late. Probably a lot of bankruptcy cases to. You can't pay your bill, maybe the facility cuts off your access to remove stuff from the unit.

It does seem a bit shady that these storage facilities can just sell off your stuff after only three months. Probably written in the fine prints of these contracts.

I'm sure they don't also show that a large majority of these are duds, otherwise it wouldn't make sense that the auction company doesn't let you look through the material before you buy. It probably works out better for them that way.

[mintacular]

According to the owner of that CA card shop that raw Ex o/c 1960 Yaz RC is worth = $200--pull ur ass out the 1980s and put down your beckett

[prewarsports]

I would never hang out all day to buy someones storage locker (I guess some HUGE number like 20% of storage lockers that are abandoned are just filled with Porn anyways) it just would never be my thing, BUT some amazing Sports items have been pulled out of these in the last few years. ALL the Dud Branom (1920's star) stuff that has been sold lately on ebay and in SCP auctions was found in a storage locker, and 2 years ago I bought a really valuable collection of of a 1905-1920 Boxing Hall of Famer that was in a box in a storage locker labeled "Grandpa".

I think that the really good stuff that is found is either just forgotten or it is not considered to be worth money by the owners. I feel bad for the people whose stuff gets sold sometimes and I think they should give an opportunity to family members to buy the unit for the back rent owed.

[dstudeba]

Originally Posted by prewarsports

I think that the really good stuff that is found is either just forgotten or it is not considered to be worth money by the owners. I feel bad for the people whose stuff gets sold sometimes and I think they should give an opportunity to family members to buy the unit for the back rent owed.

I read an article in a Storage Facility Trade Magazine about the Storage Wars show and the misconceptions that it portrays. Apparently auctions are a real pain to the storage facilities as they usually lose a ton of money from unpaid rent that isn't recouped from the auction and any overage they receive from the auction has to be sent to the owner or the state.

[4815162342]

Originally Posted by dstudeba

I read an article in a Storage Facility Trade Magazine about the Storage Wars show and the misconceptions that it portrays. Apparently auctions are a real pain to the storage facilities as they usually lose a ton of money from unpaid rent that isn't recouped from the auction and any overage they receive from the auction has to be sent to the owner or the state.

Which magazine?

[dstudeba]

Inside Self Storage. Here is the article I read.

[Griffins]

Originally Posted by mintacular

According to the owner of that CA card shop that raw Ex o/c 1960 Yaz RC is worth = $200--pull ur ass out the 1980s and put down your beckett

Which is why I don't find it worth the time to go the 6 blocks to that shop. Grossly overgraded and grossly overpriced for the overgrade, let alone the actual one.

[E93]

Originally Posted by Griffins

Which is why I don't find it worth the time to go the 6 blocks to that shop. Grossly overgraded and grossly overpriced for the overgrade, let alone the actual one.

Hi Anthony,
I have actually found Matt's grading to be quite conservative. I bought a raw '59 Topps Gibson rookie there last year that he graded vg/ex to ex. I submitted it to PSA and it came back a PSA 6.
JimB

[cardaholic]

Matt runs Beverly Hills Baseball Cards. Griffins was talking about California Sports Cards.

[E93]

I have known Matt and the shop for close to twenty years. I have done dozens of deals with him over the years, both buying and selling, and consider him to be good guy, an honest person in a hobby/business with a lot of thieves, and a friend. Sure his prices are occasionally high (i.e. retail), but I have also gotten very good deals from him too. And I don't know a full-time dealer who doesn't shoot for the higher price on the right items now and then. It must be getting tougher for dealers these days. They used to be able to get material at 30-60% of book. Now with ebay and big auction houses for higher end items, private sellers want 80-90% of retail routinely. That lowers the profit tremendously. Just adding my .02.
JimB
P.S. He is quite knowledgeable and unlike your average brick and mortar store, he has a lot vintage (pre-WWII) material.

[Wite3]

Just so you all understand...these are recreations of buys that they found. They do not find stuff like this every week and I would certainly venture to say that they have day jobs. These shows are showing highlights of their finds over the years not weekly buys. Very misleading television...

Joshua