Pawn Wars

A couple of months ago I mentioned that there seem to be a plethora of auction/evaluation shows on TV now days. Well, even more seem to be cropping up, and these seem to be taking a much uglier turn.

Perhaps it’s a sign of today’s economy. Rather than finding some hidden treasure of extravagant value, these new shows seem to focus more on desperation. Some of the shows are based on abandonment, and some are based on folks so down on their luck that they are willing to sell anything.

First up are the storage shed shows, and there are two of these hitting the cable networks. Both are set in California and are based on a law in that state which says that if the rent on a storage locker is unpaid for three months, the contents of that locker can be sold at auction. In other words, some poor folks couldn’t make their rent for whatever reason, had to abandon their stuff, and the guys on these shows get to make money off of it.

Both shows follow a similar premise. Buyers are not allowed a close inspection of the storage unit. They are allowed only five minutes to view what they can from the door. Upon that quick inspection they have to decide how high to bid. It could be a big pay-off with hidden treasure, or a bust. Continue reading “Pawn Wars”