Flipping flatware – the most boring topic or what?
At first glance, the concept of flipping flatware might seem like the most mundane and unexciting topic imaginable. After all, who would get excited about the idea of buying and selling kitchen utensils? But delve a little deeper into the world of flatware flipping, and you might be surprised by the level of interest and enthusiasm it generates among a dedicated group of enthusiasts.
For those unfamiliar with the term, flipping flatware refers to the practice of buying vintage or collectible flatware items, such as silverware or serving spoons, at thrift stores, garage sales, or online auctions, and then reselling them for a profit. While it might not sound like the most thrilling hobby, there are several reasons why flipping flatware has garnered a following.
First and foremost, flipping flatware can be a lucrative business for those with a keen eye for valuable items. While not all flatware is worth a significant amount of money, there are certain brands, styles, and materials that can fetch a high price among collectors. By honing their knowledge of flatware and staying up to date on market trends, flippers can identify valuable pieces and turn a tidy profit.
Additionally, flipping flatware can be a fun and rewarding way to indulge in a hobby. Many enthusiasts enjoy the thrill of the hunt, scouring thrift stores and estate sales for hidden treasures. There is a sense of satisfaction that comes from discovering a rare or valuable piece and successfully selling it for a profit.
Furthermore, flipping flatware can also be a sustainable and eco-friendly way to shop. By purchasing second-hand items and giving them a new lease on life, flippers can help reduce waste and support the circular economy.
Of course, flipping flatware is not without its challenges. It requires patience, research, and a keen eye for detail. It can also be a competitive market, with other flippers vying for the same valuable items. But for those who are willing to put in the time and effort, flipping flatware can be a fascinating and rewarding hobby.
So, next time you come across a box of old silverware at a garage sale, don’t dismiss it as boring or uninteresting. You might just be holding a valuable treasure in your hands, waiting to be flipped for a profit.
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You've got some really good sets there… people are always saying oh there's no money in flatware unless you have a big set. Well I tell them if someone wants to pay me $5-$10 for a fork or spoon I'll take it. Especially when I have less than a quarter into it. I love flatware
It’s insane what people will pay for certain discontinued stainless flatware or even silver plated. What you find at places like goodwill and other thrift shops can make a nice side gig for anybody serious about this.
Wow who new. Thanks for educating us on flatware
Good Video ,Thank you
Oneida, Dansk, Ekco, Retroneu, Dansk. That is what I can make out. Get the "replacements" stainless book online for ~$30 (last made in 1998 or so), and if you cannot ID from the book, go to replacements.com and type in the backstamp from the piece
I will not post a link, so here is an example:
6 (1 available) $303.30 $324.53 Jul 6 Jul 6
5 PC PLACE SETTING RETRONEU: DERBY: FORKS, SPOONS, KNIFE LOT.
That's 30 pieces for almost $330, and I paid $10 for a bag of 44 pcs.
sorry man, but your accent exudes "back country" Joe until you start to go over all the flatware shapes and instrument specific use which makes you appear like super sophisticated.
Good Story and Tips!
Good video, not boring at all specially when the ROI on flatware is huge.
Great video. Thanks for the shout out 🙂 this was very informative
Great video, awesome information, I'll have to keep my eye out for those. Thanks
COOL Dacrazycard