I'm the last of the Goodwill Smackdown contestants – and I have to say – it was a bit of a challenge for me. I'm not really the thrifting or American Picker-type who can walk into a second-hand store and see dollar signs. I think it takes a special person with a lot of knowledge in knowing the value of things and what others might be willing to pay for it.
That said – I rolled the dice and for the Challenge, I decided to rummage through a few nearby Goodwill stores to see what I could find.
My initial strategy
At first – I was all about finding a brand new item that I could resell for more online. Everyone likes new, right? And, ironically enough, there were quite a few newer items at Goodwill.
But, since the game is about buying low and selling high, I really didn't find anything I thought anyone might go for at eBay or Craigslist.
My final strategy
After several unsuccessful attempts and visits to Goodwill – I finally settled on a strategy. I would buy and sell what I know. For me, that's not a lot to choose from. I know golf and I know art. So, I went looking around for older artwork or prints that might be worth something AND I was on the lookout for anything golf-related.
What I found
Then, I found the golf club bin and started rummaging through the clubs. After a few minutes of searching, I happened upon an older Hogan Apex putter. If you know anything about golf, you have no doubt heard the name: Ben Hogan. Hogan was one of the best golfers of all time who had a lot of mystique surrounding him in the way he practiced / played the game. He swung the golf club better than anyone had before him and – to this day – people still hold him in high esteem.
So, Hogan golf clubs are a brand name that many golf aficionados would appreciate – and many collect. Given the condition of the putter that I found (with its original grip and shaft), I thought I had a treasure.
What I paid
Goodwill priced the club at $2.99. I quickly got on the smartphone and Google'd the putter. I saw several had sold for around $20 – some even as much as $35! Certainly, I just punched my ticket to a Smackdown victory parade, no!?
Please comment for your chance at a $50 Goodwill gift card!
All right – so all three of us have bought our item at Goodwill – and now it's time to sell. Who do you think will come out the winner and sell their item for the most profit? Any commenter on this past weeks' posts is eligible to win. Thanks to Goodwill Easter Seals here in Minnesota for providing one $50 gift card that can be used at one of their Minnesota stores. If you don't live in Minnesota (shame on you!) – we will be providing a gift card to a Goodwill near you or a thrift store of your choosing. Just comment to enter! Contest ends midnight (CST) on August 25th and winners will be notified the 26th.