Storage Wars: Season 1, Episode 17: “Young with the Gun.”
Jarrod expected the storage units full of household items because a lot of homes were up for sale in the area. Barry expected collectibles, but what he didn’t expect was the huge crowd in the parking lot.
Darrell and Dave absent from auction which rose Jarrod’s hope to win a good locker. Barry spoke to a man named Bill Archer who quit his day job. This was his first week as a full-time auction hunter.
Raise your hand if you think it’s unwise to quit your full-time job before you get started in this business.
Yeah, I thought so, too.
1st Storage Unit
Scant. Old trunk, few boxes, and a rubber bin. Barry had a small child bid on the unit for him.
That might actually prevent Barry from bidding twice! Dan tried to spark the crowd to bid higher.
Dan: Come on, dammit. You’re not in Vegas, act like you are.
Seriously Dan, that wouldn’t work on me. Barry won the unit at $575. First thing he took out was the old trunk. Inside? One dirty sock. Old trunk however had value. Everything else junk expect for a pack of fur coats.
He sent them to Dave’s consignment store. Hester made money without attending an auction. Great, just great.
2nd Storage Unit
Packed. Boxes, neon lights, and a plethora of miscellaneous items. Jarrod and Brandi agreed on a $1,500 cap.
Bill stepped in and raised the bid.
Jarrod: Who the f— is this guy?!
And just when you thought it was over at $2,400… Jarrod raised the bid against Bill. However the newbie won at $2,600.
That raises another question. If this was your very first week at auction, would you pay THAT much for your first locker? I didn’t think so either.
Barry: Buying units like this, with that kind of money, he’ll be out of business sooner than he knows.
Bill allowed Jarrod and Brandi to take a look at his storage unit.
Jarrod: One of the biggest mistakes new guys make is undervaluing their items.
Jarrod appraised a few items: Saddle: $500; Bikes: $200-$300 ; Gas tank: $200-$300; Bar neon sign: $150; and so on. Too many boxes, really impossible to truly give an accurate estimate of the value of the storage unit.
Brandi appreciated that Jarrod was helpful and not a “Dave Hester” (who wouldn’t give a rookie the time of day). Jarrod stated he had to learn hard way. Schulz had to lose the money to learn.
3rd Storage Unit
Tight. Boxes, rubber bins, and garbage bags. Jarrod concerned about overpaying for the locker.
His concerns changed when Darrell and Brandon arrived late. Bidding fierce for that last unit of the day.
Darrell: Are these rookies really running me up right now?
Yes they were, Darrell, but “The Gambler” outlasted the bid war and won at $1,000. What did Darrell find? Whole lot of crap. One box of old books he thought might bring him some money, but no. Most of the books appraised were obsolete. Only one book valued at $200.
Players spent too much on storage units because the rookies rocked.
Note:
1. Bill Archer was the only guest player in the entire 1st season of Storage Wars.
Profit Scorecard:
Dave Hester: $648
Jarrod Schulz & Brandi Passante: $0
Barry Weiss: LOSS -$475
Darrell Sheets: LOSS -$788
Would you have paid that much for a storage unit on your first week as a storage hunter?
Please leave your thoughtful opinions in the comment box below.