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Money from lost luggage

Lost luggage: how to make money buying baggage

A Typical days lots from one of the lost luggage disposal auctions

Hundreds of thousands of suitcases get lost every year around the world but they don't just disappear into a black hole. Even the ones that never find their owners again end up

somewhere. In fact, that somewhere is usually some form of auction house that sells them to people like you and me.

What’s involved?

When British Airways has a surplus of unclaimed baggage in storage, it sells the cases at auction. All that you need to do is head down to the auction house and bid on what you think you can sell on via eBay for more than what you paid.
Not a difficult task when you can get items worth more than Ł500 for Ł50. Sell them on for at least Ł200 and make a profit of three times what you originally spent. Or you can be luggage1

greedy and see if they'll sell for Ł450 or more!
The thing is, there are plenty of bargains up for grabs, and it can be fun - many people describe it as being like a treasure hunt. But buying the suitcases is hit and miss - you don’t know what you will end up with.
It's a pretty easy way to make or save money. You don't have any expenses to cover, only the price of what you buy. The valuable items sell very cheaply - a Ł500 snowboard recently sold for Ł75 so you could either keep it for yourself or sell it on for more. The suitcases sell from around Ł5 to Ł50. Even if the case is just full of clothes you should be able to sell it all for more than that. There are plenty of bargains up for grabs and buying luggage can be quite fun to do. You really do never know what you're going to end up with, sometimes you'll find a real hidden treasure, and other times you won't be so lucky.

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