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Metal Detecting
You can get a decent metal detector online for $100 to $200 but you will want to do your homework before you buy one. Depending on where you live and what you are looking for there are many different options, the "Bounty Hunter Tracker IV" is a sound investment for a beginner. I like to try to find small towns with rich history to hunt for relics and collectibles. Battle fields are great places to look as well as old schools and sports fields. If you have kids, this is a great way to bond with them. You are not allowed to metal detect in federally controlled lands in some states, so you will want to check your local laws. Happy hunting!
Get Started Metal detecting
Get Started Metal detecting
Hunt Antiques and Collectibles
You can search for antiques and collectibles in many places. Here are a few good places to start.
- Thrift Stores
- Garage Sales
- Estate sales
- Auctions
- Flea Markets/Swap Meets
- Antique Stores In Small Cities
- Storage Auctions
Coin Roll Hunting
Coin roll hunting is one one of my favorite hobbies. This hobby has no risk of loss, if you buy $50 worth of coins, it will be worth $50 minimum. Another reason i like this hobby is because you can search rolls of coins anywhere, sitting at home watching TV, waiting for the bus, or having a drink on your own personal dock to name a few. This hobby requires a high power magnifying glass and possibly a digital scale. The first thing to look for is silver coins: dimes, quarters, half dollars, and dollars 1964 and older are 90% silver, half dollars 1965-1970 are 40% silver, and nickles 1942-1945 are 35% silver. Next thing you will want to look for is error coins, error coins can be worth a considerable amount of money. Error coins are tricky because it can be vary hard to see some of the errors that are worth hundreds of dollars, so it is necessary to have a good magnifying glass or jewelers loupe. Some common errors are Double Dies, Doubling, Repunched, Wrong Stock, and Rotated Revers. You will have to read up on the subject and it will take a while to learn what to look for, but this can be a fun and rewarding hobby. "Strike It Rich with Pocket Change" is a very good book to learn the basics from. A few coins to look out for are:
- 1943 copper penny $50,000+ 1943 pennies were struck on steel blanks, a copper 1943 penny is very rare
- 1965 silver dime $9,000+ 1965 dimes were struck on copper and zinc, a silver 1965 dime is very rare
- 1969-S penny with a doubled-die obverse $35,000 Beginner coin info Coin Melt Value
Storage Auctions
Storage auctions take hard work, attention to detail, research, and a little luck.. Most units will have to be emptied out within 24 hours of the sale. Moving all that stuff is hard work and some items are very heavy. I recommend you buy units with a partner, they can help move all the items, pay half of the cost, and they may have knowledge about the value of different items. You will need a truck maybe a trailer and a lock or two. My advice is to bring a flash light, evaluate the resale value of everything you can see and Do Not bid more money than you see in value. You can bid more if you want to but you risk substantial losses, it is your decision. You will have to walk away from units at times, some days you will wonder what people are smoking, but don't get caught up in these bidding wars. Try to go to auctions on days that have bad weather or weekdays if possible, less people = more deals. Find outlets for your goods: resale shops, collectors, antique dealers, fisherman, construction workers, mechanics, etc., and put them in a Rolodex or binder. The more outlets you have the more money you will make and the faster you will move your products, not to mention you will keep the stuff you buy from ending up in your living room and finding yourself on a episode of hoarders. Some items will not sell but you can donate them to a thrift store for a tax write off. To find where the auctions are at you can subscribe to a site that lists all storage auctions coming up for a fee. You can also do what i do and Google "legal notices your city and state" and scroll through the listings to find the storage auctions or look under legal notices in your local paper.
Grow Mushrooms For a Profit
Oyster and Shiitake Mushrooms are some of the easiest and most profitable mushrooms to grow. I have experience with growing oyster mushrooms on a small scale. I usually just eat most of the mushrooms i grow but i have sold some in farmers markets for $15.00 a pound. It can be hard for people to get fresh, locally grown exotic mushrooms so you will have plenty of customers should you choose to start growing mushrooms. Even if you just grow mushrooms to save money and have fresh mushrooms when you want them, this is a fun and tasty hobby. Here is a link that has allot of information on growing mushrooms for a profit. Grow Some Shrooms
Cooking For Cash
Do you cook the best chicken or make the best home made BBQ sauce? Do you enjoy cooking? Well why not make some money from it. You have many options to get payed to cook, you could buy a food cart and sell anything from sandwiches to racks of ribs or maybe roast a whole pig on a spit. I owned a hot dog stand a few years back and i made about $150 profit per day for about 4 hours of work. There is a little hurdle called the Health Department, insurance, an LLC, and a sellers permit, but after that it is a fun and profitable business to start. It will take a couple weeks up to a few months to get everything up and running depending on how familiar you are with all the legalities of starting a business, getting insured, and getting approved by your local Health Department. It took me 5 weeks and I know my way around starting a business. Be prepared to spend at least $3000-$4000 and up to $40,000, if you want a pull behind cart you will be at the lower end, if you want a truck with a full kitchen you will be at the higher end. You could make this a full time job but be warned that in colder climates, the winter season you will either have to take a vacation with all the money you made or find another source of income. Where you set up will directly effect how much cash you make, If you sell low cost product set up next to a college, if you have a high priced product find a neighborhood with demand and traffic, and if you sell bar time food, well set up next to a bar at 1:00 am. Do your research before you buy a cart or truck and make sure that the cart meets your states requirements, you don't want to get your shinny new cart and then have to replace the sink and buy another water heater. You can find a cart on E-bay or just Google "vending cart" and you will have hundreds of options. I for one think we need to see more people running their own business and enjoying their lives, hope to see you out there.
Diving For Sunken Treasure
This is not a hobby I have had the personal opportunity to participate in. However I often dream of finding a sunken ship full of pirates treasure. Below is some information to get you started.
Diving For Sunken Treasure
Precious Gem Mining
You can find paces all over the world to mine precious gems, usually you will have to pay a day rate to dig there. Here is a list to get you started on your gem quest. Precious Gems
You can find paces all over the world to mine precious gems, usually you will have to pay a day rate to dig there. Here is a list to get you started on your gem quest. Precious Gems
Write A Book For Cash
Do you have a writer inside you? If you enjoyed writing in high school or college or are just an avid reader, the answer is probably yes. In any event, you certainly have an outlook or experience that no one else has. Why not put that perspective into words and make a few bucks sharing what you think?
Types of Books Here are some types of books you could consider writing, depending on your personality and skills. More
Make Money Blowing Glass
Blown glass is a particularly beautiful art form. From bowls to jewelry, the effect of blown glass is vibrant, organic, and unique, and appealing to everyone who can appreciate the end product of a unique craft. If you have a creative bent and are looking for a new hobby, glass blowing can be a great option to look into.
How to Get Started If you’re not familiar with the basics of blowing glass, you’ll need to spend some time learning the techniques and skills involved. Many glass blowing studios offer classes, in which students learn the beginning skills. These are often available through independent studios or university art programs. Courses can range from $40-300 a class, depending on the structure of the class and its length. More
How to Get Started If you’re not familiar with the basics of blowing glass, you’ll need to spend some time learning the techniques and skills involved. Many glass blowing studios offer classes, in which students learn the beginning skills. These are often available through independent studios or university art programs. Courses can range from $40-300 a class, depending on the structure of the class and its length. More
Is There Money In Crafts?
Is crafting a hobby that can earn you extra cash? The answer is a resounding yes, although the amount you can make will depend on your particular skills and the crafts you decide to pursue. Here is our list of the 10 best crafts to pursue for making money.
Paper Goods
Paper goods, such as wedding invitations, stationery, and party invites are a great low-investment craft to try your hand at.
Art
If you’re already painting, drawing, sculpting, or pursuing some other type of art, then you’re letting a good money-making opportunity go by if you’re not showing these pieces on a virtual or real storefront. More
Paper Goods
Paper goods, such as wedding invitations, stationery, and party invites are a great low-investment craft to try your hand at.
Art
If you’re already painting, drawing, sculpting, or pursuing some other type of art, then you’re letting a good money-making opportunity go by if you’re not showing these pieces on a virtual or real storefront. More
