All articles tagged with #goodwill
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.
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.
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.
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.
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.
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.
A rare 14-karat gold LEGO Bionicle Golden Kanohi Hau Mask, believed to be one of only 30 in existence, was found at a Goodwill warehouse in Pennsylvania and is now up for auction. Initially mistaken for random jewelry, the item has already received bids exceeding $4,000, with hopes of reaching $5,000.
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 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.
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.
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.
A woman purchased a colorful vase for $3.99 at Goodwill, only to discover it was a rare piece worth $107,000 when it was sold at auction.
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.
A glass vase purchased for $3.99 at a Goodwill store in Chicago was sold at a local auction house for a staggering $107,000. Facilitated by Richard Wright, the Italian glass vase turned out to be a lucrative find for the buyer, who described it as a "blessing."
A woman purchased a vase for $3.99 at a Goodwill store in Virginia, only to discover that it was a rare piece by Italian architect Carlo Scarpa. The vase, part of Scarpa's Pennellate series for Venini and produced in 1942, recently sold at auction for $107,100. The technique used to create the vase, known as "pennellate," involves adding colored opaque glass while blowing the piece. The auction house estimated its value at $30,000 to $50,000. It remains unclear how the valuable vase ended up at Goodwill. This discovery follows a similar incident where a woman in Texas found an ancient artifact at Goodwill that turned out to be 2,000 years old.