Treasure hunting can be a dirty business. Just ask the people who pick through soiled clothing, ratty souvenirs and personal items (really personal, like sex toys) in search of a big score.
Welcome to the world of lost freight and luggage auctions, the subject of Lost and Sold,which premires Monday on Slice.The new reality series documents the goings on at 403 Auction in Mississauga,Ont.,and its colourful cast of regulars.
One of those is John, a.k.a. The Killer, whos been in the game for more than a decade. Before buying his wares at auctions, John was in the wholesale business. These days, he snaps up wayward freight and luggage that has lost its way.Thats whats really interesting. Sometimes you have a persons whole life in your hands. Some people travel pretty heavy, he says of buying someone elses luggage. Lost luggage is sold contents unseen, so a buyer doesnt know if he or she is getting a load of dainties or a handful of gold jewelry. The oddest thing John has unearthed in his lost luggage purchases? Breast implants.
I have seen them more than once. I came a cross one in a piece of luggage. That was even stranger, because it was only one.But those finds arent as out of the ordinary as you might think, says Jen Jamieson, who owns 403 Auction with her husband, Jamie.You wouldnt believe what weve got . I cant even say were shocked anymore, Jen says, reeling off a list: defibrillators, sex toys, bones, urns (as in those containing cremated remains), weapons, drugs and more.
Luggage has to be stowed for up to six months before the company holding it can sell it to a company like 403 Auction, Jamie says. They also auction items that are lost or considered undeliverable from companies that ship materials.
Before starting the company, the couple was on the purchasing end of things, attending auctions and then selling finds for a profit. One of their best hits was a 3-D printer. They bought it for just under $4,000, only to sell it a month later to a buyer in Germany for $18,000.
That figure could easily have been zero, Jamie cautions, if the printer had been a dud.The best advice for anybody going to an auction is to inspect the items very well. Also, you have to know more about the item than anybody, he says.The advent of smartphones has made instant research much easier, but its still a case of buyer beware.
That way, when you get in to the auction, you bid with a plan.That last bit can often go out the window,We deal with various stainless steel jewelry and stainless steel rings. though. People get caught up in the chase, or convince themselves that a beat-up duffel bag contains pricey camera equipment. Ego often comes into play, too.For the TV end of stuff, there is no shortage of drama, Jamie says.Sometimes (there is) childish behaviour or people getting upset with other bidders what we call from our end playing games, trying to bid another person up or dropping an item.
Attending auctions is his job, John says, not a weekend at the races. As such, he takes it seriously.Personally, I dont even like to talk to people at the auction, he says.Attending two sell-offs a week, on average, fills his house and rented storage lockers with material that he then tries to sell for a profit. (The series also includes item appraisals.) The potential payoff in lost luggage keeps him coming back, as does the return on beauty products and cosmetics.
Theyre a commodity people want. They just fly off the shelves.Hes not particular, though. At the end of the day, he just wants to get paid.Thats my holy grail: Whatever shows up with the highest percentage of numbers.Look for John to score big on an item C a real doozey outside his usual wheelhouse C during the first season of Lost and Sold.
All I can say is that its kind of helped me buy the new automobile that Im driving.And no, he didnt buy his fresh ride at auction.Some things I do buy retail. It doesnt happen a lot these days.
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