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TREASURE hunters at a Newport auction house put their hands in their pockets and bid blind for repossessed storage containers inspired by two hit US TV shows. Using the format of the Storage Wars and Storage Hunters, where bidders only get a quick peek inside the units before they gamble on whether to bid, Newport Auctions sold six mystery containers under the hammer yesterday. The six lots were the star attraction of yesterday’s auction, with bidders forking out from ?80 to ?280 for the containers. Auctioneer Jon Collingbourne said: “We’ve been selling this stock for storage companies for some time. He said the storage containers are the contents of storage units that have been repossessed and disposed of by the companies, after a failure to pay. One of the winning bidders was Brian Williams, aged 40 from Usk who bought the first container for ?120. Mr Williams admitted he did not think his wife would be impressed but after having a better look, discovered the lot also included a chest of drawers, a television and a solid wood table. Andrew Gillard, aged 35, of Newport, regularly attends the auction and managed to bag a container for just ?80.
He said it was a risk but that he knew there was a cross trainer and a bed so “it should work out”. The container that attracted the most attention was the one of which you could see the least.
A wall of cardboard boxes met bidders as crate number five was opened but the lot went for ?280. Alan Wilkinson, director at Newport City Signs, said he took the morning off work to visit Newport Auctions and bid for a mystery lot. Seasoned auctioneer Mr Collingbourne, who spent two-and-a-half hours at the hammer yesterday, said: "It was quite exciting for me too. Due to its success, Newport Auctions will selling mystery storage container lots each week at their household auction on Thursdays at 11am.
In the TV show, the producers have admitted adding high value and obscure items to many of the lockers being bid on, in order to generate interest.
I hope people in the UK won't be gullible enough to part with vast sums for containers that will often hold nothing but rubbish and broken furniture. Also,the people that appear on the TV programme rummage through and estimate what they are going to get for the items they have purchased. Unless the Americans are extremely gullible then I would doubt very much that the goods would be worth anything like they think that they are going to get for them. The house always wins and I would imagine the risk for Newport Auctions is in fact very low.
Ok Al, don't keep us in suspense, what was in those "cardboard boxes" your wife got to rifle thro?
Newsquest Media (Southern) Ltd, Loudwater Mill, Station Road, High Wycombe, Buckinghamshire. This website and associated newspapers adhere to the Independent Press Standards Organisation's Editors' Code of Practice. We usually sort through it, catalogue it and deal with it but after today, I think this is the way forward from what I saw. I saw a few things in there, a lot of boxes and maybe some conservatory furniture but what can you buy for ?120. It doesn't look like this is the first time Mr Bryan Williams (pictured in the article who somewhat resembles Jaja Binks) has been ripped off. If you have a complaint about the editorial content which relates to inaccuracy or intrusion, then please contact the editor here.
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