Tag

Goodwill

All articles tagged with #goodwill

Customer outrage over shocking finds at local thrift store
world1 month ago

Customer outrage over shocking finds at local thrift store

A Reddit user shared a photo of a sectional couch at Goodwill priced at $2,599.99, sparking outrage over the high price for a used item, with many commenters criticizing the store for potentially overpricing and questioning the authenticity and value of items sold. The incident highlights the importance of vigilance when thrifting to avoid rip-offs, as some stores may inflate prices or mislabel items.

Concord Developer's Commemorative Plaque Auctioned at Goodwill
technology9 months ago

Concord Developer's Commemorative Plaque Auctioned at Goodwill

A commemorative plaque celebrating the release of the game Concord, given to developer Chelsea Grace, is being auctioned at a Goodwill store in the US, with bids reaching over $2,500. The plaque marks the game's launch in August 2024, but the game was later pulled by Sony due to poor reception, and Firewalk Studios was closed. The auction highlights the game's brief and troubled history.

business1 year ago

UPS Fined $45M for Misvaluing Freight Division

UPS has agreed to pay a $45 million penalty to settle charges by the SEC for misrepresenting its earnings by improperly valuing its UPS Freight business unit. The SEC found that UPS failed to follow GAAP by using an inflated valuation from an outside consultant, rather than its own lower estimate, to avoid recording a goodwill impairment. This misrepresentation affected UPS's reported earnings for 2019 and 2020. UPS will also implement training and compliance measures as part of the settlement.

Man Finds Unexpected Surprise Inside Goodwill Book Purchase
human-interest1 year ago

Man Finds Unexpected Surprise Inside Goodwill Book Purchase

A TikTok user, Adrian Peru, discovered $252 hidden in a cookbook he purchased from Goodwill, using money as a bookmark. The video, which has garnered over 63,000 views, sparked discussions about why people hide money in books, with some viewers suggesting it was emergency savings or a blessing left by the previous owner. While some praised the find, others were skeptical, suggesting the video might be staged for views.

"Rare 14K Gold LEGO Piece Sells for $18,000 at Pennsylvania Goodwill Auction"
odd-news2 years ago

"Rare 14K Gold LEGO Piece Sells for $18,000 at Pennsylvania Goodwill Auction"

A Pennsylvania Goodwill received a rare 1-inch 14-karat gold Bionicle mask, originally a LEGO prize, in a box of donated jewelry. The ultra-rare piece, one of only 25 made, was sold at auction for $18,101 after 48 bids, far surpassing its initial $3,300 starting price. This unexpected treasure highlights the potential for valuable finds in thrift stores, with the unique LEGO piece fetching a price higher than even some of the most expensive LEGO sets on the market.

"Goodwill Discovery: Rare 14K Gold LEGO Sells for $18K"
odd-news2 years ago

"Goodwill Discovery: Rare 14K Gold LEGO Sells for $18K"

A rare 14-karat gold LEGO piece, the Bionicle Golden Kanohi Hau Mask, found at a Goodwill warehouse in Pennsylvania and sold for $18,101, exceeding expectations. Believed to be one of only 30 in existence, the item was initially listed for $14.95 on shopgoodwill.com. The sale marks the highest price paid for a LEGO piece and will contribute to job creation and opportunities in the Clearfield County area.

"14-Karat Gold Lego Piece Discovered at Pennsylvania Goodwill Heads to Auction"
odd-news2 years ago

"14-Karat Gold Lego Piece Discovered at Pennsylvania Goodwill Heads to Auction"

A rare 14-karat gold Bionicle Golden Kanohi Hau LEGO Mask, dating back to the early 2000s, was discovered at a Goodwill store near State College, Pennsylvania, hidden in a box of donated jewelry. The unique LEGO piece, originally a giveaway with only a few in existence, is now up for auction and has garnered bids over $6,000. Despite mixed reactions to Bionicles, collectors are expected to vie for this rare find, with all proceeds from the auction going back to Goodwill to support their mission.

Verizon Takes $5.8 Billion Hit in Q4 from Unit Write-Down
business2 years ago

Verizon Takes $5.8 Billion Hit in Q4 from Unit Write-Down

Verizon announced it will take a $5.8 billion impairment charge in Q4 2023 due to secular declines and competitive pressures in its Business reporting unit, resulting in a goodwill balance of $1.7 billion as of December 31, 2023. Goodwill impairment reflects the reduction in the estimated fair value of intangible assets and must be carried out in accordance with accounting standards and ethical principles.

"Goodwill Vase Sale: Virginia Woman's Life Changed by $100K Viral Success"
lifestyle2 years ago

"Goodwill Vase Sale: Virginia Woman's Life Changed by $100K Viral Success"

Jessica Vincent, a woman from Virginia, bought a vase for $3.99 at Goodwill and later sold it at an art auction for over $100,000, changing her life. The vase, identified as a rare piece by Venetian architect Carlos Scarpa, garnered widespread media attention and was sold to a collector in Europe. Vincent, who needed the money, is thrilled about the sale and hopes the vase will eventually end up in a museum.

Goodwill Vase Purchased for $3.99 Sells for Over $100,000 at Auction
arts-and-culture2 years ago

Goodwill Vase Purchased for $3.99 Sells for Over $100,000 at Auction

A vase purchased for $4 at a Goodwill thrift store in Virginia has sold at auction in New York for $107,100. The vase, designed by Venetian architect Carlo Scarpa in the 1940s, is a rare example of Murano glass and part of a series called "Pennellate." Glass consultants confirmed its authenticity, and the vase exceeded its estimated auction price. The buyer plans to use the proceeds to renovate a farmhouse. Experts note that finding such valuable items in thrift stores is extremely rare due to the prevalence of fake copies.

Thrift Store Vase Purchased for $3.99 Sells for Over $100,000
lifestyle2 years ago

Thrift Store Vase Purchased for $3.99 Sells for Over $100,000

A woman purchased a vase for $3.99 at a Goodwill store in Virginia, only to later discover it was worth over $100,000. After identifying it as a rare piece designed by Carlo Scarpa and produced in a Murano glass workshop, she listed it for auction and it sold for $107,000. The woman plans to use the proceeds to repair a farmhouse she owns. Goodwill and the auction house were both surprised by the valuable find.