Let the bidding begin: Making money with unclaimed luggage
Unclaimed bags reveal hidden treasures
- Duration 4:13
- Date Apr 10, 2012
Unclaimed bags reveal hidden treasures
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-- -- it turns out outrageous fortune might just be a suitcase away.
Every day millions of people travel.
And 70000 bags are lost in airports around the world -- this property goes unclaimed it's put up from public auction and sold to.
The highest bidder.
And that's -- our next guest coming in -- Billy LeRoy and mark Meyer to the stars from travel channel's brand new show called baggage battles welcome guys -- The -- it great to be here it's great daddies saying the deal is if people don't claim their baggage.
After six months what happens -- It goes up for auction.
And that's where you guys come in and we just saw a wide shot there are a lot of people interested in buying people's baggage because you don't know what's inside right effect -- -- is about a thousand people at the auction.
Of regular people the general public which is a giant wild card and I gotta compete like with guys like this yeah right.
-- you have an antique.
Shop yes and store and you have a -- -- story to us here in new York and I contestants on the show going up against each other yes.
How do you know which bag to -- for and try to -- For those are little secrets that we keep to ourselves up commodity.
We get the Gupta bed -- you know Tigger -- with sometimes you never know singles like.
-- that doesn't mean there's a very great yes we can see no evil and we're ready.
-- are you serious purpose you smell it used to smell test like it smells horrible but you gotta buy -- in their hiding the jewels in sort of the dirty underwear.
Really don't all happen.
He's got a crazy sometimes I go by -- up by the brand name in the bag that you really never know and then I I always studied the more you -- the -- become.
Do you do what we do what our kids do before Christmas -- -- -- gets a resolutely and it it is a lot like Christmas because we cannot open the bags are sealed.
So we bid on it and it can go up to 12100 dollars and one bag so looking inside.
So mark what they need to do it is it nice debate obviously is a better chance of Bible -- in on -- right that until -- submit things that you gleaned from this.
From hit or miss -- I've gotten everything from really high end designer shoes and bags all the way down -- like really cold oatmeal cookies.
-- dirty laundry from hell could.
-- -- Your best thing that the best thing I've it's actually a piece I didn't get there was a TO London auction it was a seventeen -- panning of it English gentleman I missed it I deepening -- high enough on it was in somebody's luggage.
It was in the auction it was a police seized.
Item but it was also with the luggage.
Talk -- -- this your best get.
The Charlie Chaplin.
And a that I to tell me about that I actually bought it in about police auction in and mr.
-- -- like a hundred dollars for a box full of junk yeah and I got that percent of gonna be a Charlie Chaplin.
It's -- 1976 Whiting Davis mesh purse I got 11100 -- -- forward at a picture of a Charlie Chaplin on.
So are you ahead of the game that lets see in my bag effort -- 200 bucks right on average -- you wind up making money on whatever is in there I'd say -- about a 30%.
But most that it ought to know all the -- -- -- -- is one of success right it only takes one good bag to make a great jackpot did not actually in Ireland backside -- it so it's really is like Christmas I mean look at this stuff and all this came out of there.
I wanna get this question in what would people be surprised.
At its valuable that you might not think is valuable.
When -- answer them.
Much designer sunglasses old jewelry.
Old time and stuff like that that people -- in their bags.
That there's all kinds of stuff and when you travel that's generally how you lose stuff because your or your game I'm sure you guys travel a lot now.
You know going through the airport restraining screaming kids that's not generally when your on your game back after compelled to find the people whose names on the tag.
They give it back to him by I have -- I got a string did you find attack and not know -- never tired.
I mean that's what we -- rhetoric I've got a class ring not actually returned through the woman who owned and that -- -- I looked up and nice Carol this seems like a great show it's called baggage battles have premieres April the eleventh on the Travel Channel right.
Billion mark thank you very much for sharing your secrets.
Thanks for -- us through it thank you.