I've been buying and selling on eBay for more than a decade, and now that I know the value of my specialties, I sell on etsy for a fixed price. Believe me, I am a fan of buying low and selling high, but when I finally watched my first episode of American Pickers last night, I was appalled. Those guys took complete advantage of people, lowballing them shamefully, pressuring them to take the price, and rubbing their hands in glee when they successfully hoodwinked someone out of an incredibly rare item. At least on eBay, an item sells at auction in a fair bidding process. Further enraging me were the graphics on the screen when the pickers estimated what they would sell the item for. Those profit numbers were clearly lowballed so that the pickers wouldn't look like the thieves they are. Quoting: Lindsay 7451624
I've always hated the venal dealers I occasionally run into a rummage sales and such, always trying to score a huge bargain at someone else's expense. And that's exactly what these pickers are - venal.
So if you spend all your days buying crap at yardsales, for pennies on the dollar, "Hoodwinking" them as you claim american pickers do, and collect enormous piles of stuff you never use. Then sit down and spend the rest of your time listening to Rush or watching CNN instead of finding out WHAT IS IN YOUR ENORMOUS PILE OF STUFF, you are probably going to get ripped off.
If you want to collect and sell at a profit, you owe it to yourself to know the value of your own goods. If you don't, expect to be "Hoodwinked" because no one is going to give it to you, nothing is free. And no one is going to give you extra money for not knowing what you actually have.
At least the American Pickers seem to put in the work.
The leg work, research, finding professionals to help determine value. That is what it takes, work.
Like with anything else, if you want to do it half way - half assed, that is what you will get back out of it.
What other hobby can be done half way?
What happens if you learn to shoot half way? learn to sharpen knives, weld, build homes or buildings, cook food or garden half way? Like with anything else, any other hobby or profession. Do it half way you'll be ripped off, missing eyes, fingers, poisoned and burried under a collapsed building you tried to build half way, next to you're half assed garden of a single mutated tomato.