In this episode of the 'What Sold Podcast,' hosts Brandon and Matt, aka Rusty the Merchant of Madness, dive into a listener's question about using reserve prices on eBay. Matt shares insights on when to avoid reserve prices to maximize sales. They also explore the world of scrappers who buy gold and silver, revealing how even broken or outdated pieces can be lucrative. Matt displays some of his recent sales, including a vintage bracelet and an arrowhead he found as a child. The episode wraps up with Matt's ambitions to preserve a painting by Scottish artist Hugh Collins, considering potential donations to museums. Additionally, Matt teases his upcoming trip to the UK, where he plans to try Mudlarking along the Thames.
00:00 Welcome and Introductions
01:48 Listener Question: Using Reserve Prices on eBay
04:32 Explaining Reserve Prices
06:19 Auction Strategies and Personal Experiences
08:36 Recent Sales and Interesting Finds
15:45 Creative Selling and Hobbies
19:29 Encouragement for Creatives
19:54 Embracing Failure and Learning
21:14 The Genius of the Show
23:25 Introduction to Scrapping
23:40 Understanding the Scrapping Business
25:22 Selling Scrap Gold and Silver
29:09 Ethical Considerations and Business Math
36:03 Part-Time Reselling and Silver Lining
37:42 A Personal Story and Future Plans
40:50 Final Thoughts and Call to Action
What Sold Podcast Pictures
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Rusty the reseller:
https://www.youtube.com/@RustyTheReseller
What Sold:
https://www.youtube.com/@whatsold
Postcard Planet:
https://www.youtube.com/@postcardplanet
What Sold Podcast:
https://www.youtube.com/channel/UCc513e2aPbloS20mTwuv8bA