Tag Archives: buyers

Gold in every storage unit?

Yes! As a matter of fact – I found gold in most storage units I won at auction!

I am not talking about striking it rich by finding a stack of gold bars in a storage unit, but I would say that 8 out of 10 storage units with everyday household items had some sort of gold in them.

Most people own some-type of gold, earrings, necklace, rings, teeth, just about anything you can think of. One ring might be worth twenty bucks, but put all your gold together and it really adds up! Over the time I was buy storage units at auction I would say I found about 3 ounces of scrap gold total.

Want to sell your gold? Gold scams are at an all-time high so you need to be careful.

What is the best way to cash in your gold?

First you need to find out just how much gold you have. Then you need to find out what karat of gold you have and the weight. Then this will give you an idea of what your gold is worth.

The best way to proceed is to shop around! I would get 3-5 bids and only deal in cash, because onces it gone, it’s gone!

Many people claim to pay the most, but this not true. Gold buyers are looking to pay the least for your gold, so the closer to market value you can get the better off you are.

Tight for money? Sell your unwanted jewelry using Cash4Gold today!

Who goes to storage auctions?

When I first heard about storage auctions was in the early 90’s. It wasn’t until the late 90’s when I decided to buy storage units and selling the items I won for profit. During my storage auction buying experience I would come a cross this subculture group of people who are small store owners, enthusiastic local garage yard sellers, flea market sellers, eBay sellers or just a casual buyer for personal gain. I have learned over the years that the competitors comes from all walks of life and sometimes will work in teams. For the most part,  they are usually experience storage hunters looking for the best storages to sell for a high profit. Now that storage auctions has risen in an all time high of popularity due to being televised. It will be interesting to see the explosion of competition one will experience in buying storage units for a profit.

Everyone is in it for the money. For the first time buyer or the causal buyer be sure to study your crowd, get familiar with who’s around you to give you the optimal bidding experience.