Tuesday, November 20, 2012

Introduction

    First and foremost, let me introduce myself. My name is Ben Guith, I am married, and I have three children. Like a lot of people in the United States I was looking for an alternate source of income to supplement my wages as a bartender at a local chain restaurant.
     I was, at the time, looking for Legos for my kids. My plan was to buy collections of Legos, give the building blocks to my children, then sell the Minifigures that came with the collections on eBay. My kids get toys they like and I turn a small profit. It seemed like a win win scenario for me.
     At my job, I worked with quite a few servers with children that were older than mine. I began asking them if their kids had Legos they no longer played with. One server in particular said "No, but I know where you can buy some for cheap." Well, I got pretty excited. She then proceeded to tell me all about Harris Brothers Auction House in Flint, Michigan. She told me about how on Monday Nights, they hold what is called a Shipsee North Auction. This is styled after the Shipshewana auctions in Indiana where there are three auctioneers auctioning items at the same time in different areas.
     Needless to say, I was hooked from the start(Interesting fact, I have only bid on and won Legos once in the two and a half years I have been attending auctions).  I mostly deal in toys, my specialty being toys that were made in the 1980's, but on occasion I have branched out into items such as figurines, sportscards, magazines, and art glass.
     The point of this blog is to show and educate people on what I have learned in my experiences. I will basically be blogging about how my process works; attending the auction, bidding on and winning specific items, and selling them for profit.   I plan to show the item's eBay link so you can see how much money I made, or didn't make.
     Also, I am planning a project that I thought would be awesome for the reader to experience with me. Starting January 1st, I will take ten dollars and see what I can turn that into by the end of the year.
     Some of the blog entries will include my super talented wife that has better eyes than me most of the time. All in all, hopefully we will learn more about what sells great and what doesn't, and make some money along the way.
    

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