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The official thrift/discount store bragging thread - Part II (Return to the Thunderdome)

Discussion in 'Classic Menswear' started by SpooPoker, May 18, 2015.

  1. Van Veen

    Van Veen Senior member

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  2. Shanejosephxxx

    Shanejosephxxx Senior member

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    A quick pop in to my local spot before my longer thrift trip tomorrow. Don't have full pics of this coat but I was looking for opinions. It's a Martin Greenfield overcoat. Couldn't find fabric contents anywhere but the order sheet was still in the inside pocket. What do we think it says next to cloth? [​IMG] [​IMG] [​IMG]
     
    17 people like this.
  3. LetsGetWeird

    LetsGetWeird Senior member

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    Highlights from the last two weeks of 2016, most true thrift, some well above thrift but well below consignment prices

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    AE Shell Patriots
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    Anyone know the maker?

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    ...and highlights of the highlights

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  4. ATLjon

    ATLjon Senior member

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    Vicuna cash, of course

     
    Last edited: Jan 1, 2017
    1 person likes this.
  5. Fueco

    Fueco Senior member

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    Thanks dude!
     
  6. SpooPoker

    SpooPoker Internet Bigtimer and Most Popular Man on Campus Dubiously Honored Affiliate Vendor

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    +1 but you have an order number so I would call MG directly and get a confirmation for an "appraisal". Should be an easy thing to look up with all the info. Nice one.
     
    2 people like this.
  7. kbadgley84

    kbadgley84 Senior member

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    Vicuña/Cashmere? Pretty sure MG has vicuña as an option
     
    2 people like this.
  8. the2ndhandman

    the2ndhandman Senior member

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    It may be for others but not me as I'll break it down then you tell me Fodder is worth it. It comes down to taxes as I stated. I'll use a filson shirt I just sold as an example.

    Thrift price $7.99
    Sold $29.99 + $6.50 ship=$36.49
    $36.49-$3.65 Ebay fees
    $32.84-$1.62 paypal fees
    $31.19- $6.50 shipping
    $24.69- $7.99 original cost
    $17.13-Tax
    9.9% state
    25% Fed
    15.3% self employment
    Overall tax rate=50.2%
    Profit on filson shirt $8.50

    So $8.50 and let's say it took me an hour to find it picture it list it and ship it. There's not a great return on them as there used to be. That's why Fodder gets left behind.
     
    8 people like this.
  9. Fueco

    Fueco Senior member

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    Whether it's worth it or not depends more on volume than on individual listings. If I can make $8.50 on each of, say, 50 items per week in addition to making $10+ on another 50+, I think it's worth my time. For a few item, as a side gig? It probably wouldn't be worth it unless I was selling stuff locally for cash.
     
  10. impuntura

    impuntura Senior member

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    Damn that's a quality post right there.
     
  11. Van Veen

    Van Veen Senior member

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    You already burned time and gas going to that store whether or not you buy that specific item. Can't get that back. The only question is whether or not you'll make money after the fees and time spent photoing/listing.

    So let's say you spend 45 minutes driving to the store and picking it. Then it takes 10 minutes to list the shirt. You can either get $8.50 for 55 minutes of work or $0 for 45 minutes of work, assuming that's the only thing you buy.
     
    Last edited: Jan 1, 2017
    1 person likes this.
  12. impuntura

    impuntura Senior member

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    I was referring to the Kiton ,even if it sold for 150 that you referenced.
    If ur not getting more then 150 for a kiton cashmere then ur doing something wrong .
    Brianpore who I consign with (shameless plug) routinely gets 150 for ordinary Canalis..
    Not being critical just saying,maybe you need to invest in better pictures etc.
     
    3 people like this.
  13. Dirt

    Dirt Senior member

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    Just wanted to get out of the house for a while today. Real mixed bag of stuff. The Alan Flusser book was free :D Powell Peralta Alan Gelfand vintage graphic re-issue shirt, nice Borrelli shirt, Mountain Hardware fleece tunic thing is womens but doesn't fit my girlfriend (available, if you have a need), $1 Crosby, Stills, Nash and Young vinyl in quite nice condition
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    3 people like this.
  14. impuntura

    impuntura Senior member

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    I see what you were saying now,i reread your post.sorry still hungover.
    But my statement still stand if your getting kitons at true thrift and ur selling them for 300 what's the problem.
    But you should be getting more then that .
     
  15. Mr. Moo

    Mr. Moo Senior member

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    I never pick up fodder. Unless you're running an ultra-efficient operation it's just not worth it.
     
  16. ATLjon

    ATLjon Senior member

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    But you can get gas back: https://www.irs.gov/uac/2017-standard-mileage-rates-for-business-and-medical-and-moving-announced


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    I'm regretting not picking this up NWT for $30: http://aloheadsodyssey.blogspot.com/2008/09/ralph-lauren-polo-horse-head-pocket.html

    I didn't think Lo Heads wore pocket squares.
     
    Last edited: Jan 1, 2017
    2 people like this.
  17. kbadgley84

    kbadgley84 Senior member

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    Good Start to the year
    Skeet,linen skeet
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    Etro
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    Burberry Brit
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    Bonobos, Patagonia, orvis, southern Tide
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    Patagonia, Bonobos, Vineyard Vines
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    2 people like this.
  18. Fueco

    Fueco Senior member

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    You also get all sorts of tax deductions for running a business.

    My taxable income last year(edit: I'm referring to 2015) was something like $13,000; off of a $43k actual income.
     
    Last edited: Jan 1, 2017
  19. bpk1

    bpk1 Senior member

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    Can also run a sick solo 401k/SEP IRA through the business which would also decrease that tax bill.
     
    1 person likes this.
  20. leisurewear

    leisurewear Senior member

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    @the2ndhandman I think the tax part is a little misleading since you don't take into account mileage and other expenses you deduct to your income before you get to taxable income. I think the better metric is to take the $17.13 pretax profit and figure out what your listing/measuring time is. Leaving it means you're already out in the field so the time you spent getting there and going through the racks is already invested. At this point the only time left is inventory, measuring, photographing and listing. Let's just say, very conservatively it takes you on 15 minutes per item on the above on average. This translates to a wage rate of $68 an hour of pretax income you're passing up. Let me know if I've missed something
     
    Last edited: Jan 1, 2017
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