I browse my local Goodwill a few times a week. Usually I head straight to the music section (if there isn't a weirdo already browsing there). On this day I don't remember how many LP's I bought, probably 5-10 (records at my Goodwill are usually 99 cents each). They usually have at least 100-200 LP's at any one time, and usually 99% of them are either worthless or in horrible condition. You really have to have a feel for vinyl to pick out the gems, otherwise even at 99 cents each you are going to be losing money (and wasting time)!
I bought a few LP's that I had never heard of (I usually don't look up each one on my phone to see if there are others on eBay, takes too long on my old junk phone). This caught my eye because it was in good shape, I had never heard of the group, and it was on an obscure label I had never heard of. I usually look for those things, but then again you can buy 20 like that and never sell a one.
I started the auction at $25 (which is strange for me, usually I only start at 9.99 or less). Didn't get much action early on, but during the week got a few bids and had a lot of people watching the auction. So the night it ends I check my email on my phone (it was actually my birthday and I was out partying!) - and guess what? It ended at $159!!!!!
By far my best money maker on a record ever. Easily cleared over $125 profit after fees and everything else. And here is the kicker - the buyer was in South Korea! You never know what you might find at Goodwill, but be careful - most of the gems are buried under junk.
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