With the rate of inflation rising dramatically, more people are thinking about starting a side hustle to make some extra cash. Many people are seeing success with reselling items via online auctions. There’s a potential to make thousands of dollars per month. Who knows, you might like it so much that you decide to quit your full-time job and do this instead!
That’s great, you’re probably thinking, but what items should you sell?
Based on the more popular items in our online auctions, here is a list of items you could consider reselling to make a profit.
Vintage barware – Be on the lookout for designer drink glasses, decanters, mid-century glass tumblers, and barware with unique designs.
Vintage toys – Many toys from the ’70s, ’80s, and ’90s are popular including LEGO’s, Hot Wheels cars, Star Wars or Star Trek figures, Barbies, Atari games, and more.
Fine jewelry – Gold or sterling silver jewelry, pearls, and designer jewelry always do well in our online auctions.
Sterling silver – The majority of items that are made of sterling silver have good resale value. From vintage sterling silver candlesticks, bowls, and sterling salt and pepper shakers, if you come across these at a thrift store or garage sale, snag them up quickly!
Appliances – Large appliances such as refrigerators, washer and dryers, air conditioners, etc. can do well if they are in still good working condition.
Vintage electronics – There is a huge market for vintage electronics including cameras, record players, mobile phones, stereo equipment, and more.
Furniture – Upcycling furniture has become a highly popular way to make extra money. If you’re a DIYer and like tackling these types of projects, you can make a great deal of money.
This is just a small list of the types of items you can buy and resell in online auctions. If you’re wondering how you can find out if something is worth selling or not, do a little online research to see how much that item has sold for on eBay or Etsy.
Stick to reselling items that you have a passion for and enjoy researching. This will keep you inspired and motivated. A side hustle and making extra money should be fun!