Mom and I are planning a yard sale outing for the end of the month so I thought I’d share some of the items I will be looking for as well as my total budget. I don’t shop for antiques or collectibles so I don’t know values on those kinds of items. I only buy junk silver based on the silver content of the coin, not the coin’s numismatic value. I’m learning about the rarer coins but I’m still new to junk silver so better to pay based on silver content and when I get home I can check values via the internet.
Know the retail price of the items you are looking for and don’t pay more than 1/2 of that price. For example canning jars are about a dollar each retail, so 50 cents or less per jar is an okay deal. Figure up your total budget for your yard sale shopping and carry lots of $1’s, 5 and 10 dollar bills rather than a checkbook depending on your budget. Now it should be easy to make out your list for the next 2-3 months of yard sales. I find most of the best shopping is in upper middle class neighborhoods on average. I believe they tend to overbuy on credit and then have to generate cash to pay off debt. But you don’t have to pass up a sale at either end of the market as you can often be surprised what folks will sell.
Don’t be afraid to bargain and walkaway from anything offered if it is out of your price range. I’m not talking about trying to take advantage of someone but if you feel something is a little high make an offer and if they say no, so be it. I’m positive you have been told “no” before and will again you don’t have to get upset, because you will walk away with either your cash or the item. If you are not good at it take someone who is good at bargaining. For me that’s my Mom, I tend to be better at keeping prices in my head and doing research on the value of stuff.
My list of item to look for is:
- Hand powered tools of any sort from drills to can openers
- Cast iron pots and pans in good shape
- A heavy duty grinder; meat and/or grain
- Books and board games
- Junk silver coins based on spot price not numismatic value
- Compact fishing pole, reloading equipment and Kerosene lamps
- Canning supplies
- Fuel cans of all sorts
- Wood and/ or propane stoves, fans
- Seasonal clothing
Now this might seem like a long list but everything must meet my price range of less than half of the retail price. Plus I’m looking at some of these as barter items that will be easy to trade. Get your needs covered first on your shopping list then go for backups and barter items. If your budget is $20.00 go have have fun shopping around with it and see how much you get done for that amount. At the very worse you will drive around a bit, walk a bit and get a few items you need at a good price. This kind of shopping can take weeks to get done so don’t buy up all you need right away unless you get a great deal and stick to your budget!