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Have you ever noticed how difficult it is, once you've purchased stuff, to convert it back into cash?
That point was really driven home to me a few weeks ago when i had a tag sale in preparation for my move. (The less stuff to move the better.) I had some very nice things to sell and most of it was heavily discounted at maybe a tenth of its (new) value. Still, much of it sat unsold.
So anything i sold i felt great about, because most times you don't have an opportunity to recapture the cash from anything once you've bought it. Or at least, at anything but greatly reduced value. It's kind of like what they say about new cars...thjey depreciate by thousands of dollars as soon as you drive it off the lot.
So today i was happy to strike a deal with a man who showed up at my tag sale looking for old typewriters. He and his wife make recycled jewelry out of the letter and number keys. He's giving me $20 for something I myself purchased at a tag sale some 25 years ago in Vermont. Cant' remember what i paid for it, but it was working at the time and not so much of an antique. Maybe $5? I've always earned a living as a writer, and while I've used a computer for many years, the old-fashioned typewriter sort of symbolized my craft, and i liked having it around. In any event, I am thrilled to recapture money I spent a very long time ago.
I plan to call another man who showed up at the same tag sale looking for old coins to buy. I have some old silver dollars and other coins he said he's pay me 8x their face value. These were given to me as a child by a great uncle many years ago, but i've been lugging these around for so long, just like the typewriter, and never really have done anything with them. Another way i'll be able to lighten my load and regain the cash value and then some.
Aside from tag sales, can you think of ways you've been able to convert purchased items/possessions back into cash?
That point was really driven home to me a few weeks ago when i had a tag sale in preparation for my move. (The less stuff to move the better.) I had some very nice things to sell and most of it was heavily discounted at maybe a tenth of its (new) value. Still, much of it sat unsold.
So anything i sold i felt great about, because most times you don't have an opportunity to recapture the cash from anything once you've bought it. Or at least, at anything but greatly reduced value. It's kind of like what they say about new cars...thjey depreciate by thousands of dollars as soon as you drive it off the lot.
So today i was happy to strike a deal with a man who showed up at my tag sale looking for old typewriters. He and his wife make recycled jewelry out of the letter and number keys. He's giving me $20 for something I myself purchased at a tag sale some 25 years ago in Vermont. Cant' remember what i paid for it, but it was working at the time and not so much of an antique. Maybe $5? I've always earned a living as a writer, and while I've used a computer for many years, the old-fashioned typewriter sort of symbolized my craft, and i liked having it around. In any event, I am thrilled to recapture money I spent a very long time ago.
I plan to call another man who showed up at the same tag sale looking for old coins to buy. I have some old silver dollars and other coins he said he's pay me 8x their face value. These were given to me as a child by a great uncle many years ago, but i've been lugging these around for so long, just like the typewriter, and never really have done anything with them. Another way i'll be able to lighten my load and regain the cash value and then some.
Aside from tag sales, can you think of ways you've been able to convert purchased items/possessions back into cash?
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