Unclaimed Cash on 'GMA:' Four Women Find Hidden Value in Junk Drawer Finds


Hidden Treasure, Found Cash?

Now that the "junk" was found, "GMA" brought in an expert, Paul Vertrano, owner of the Select Salvage Co. website and store in Sea Cliff, N.Y., and self-described "Pawn Star of the East Coast," to see what kind of cash the New Jersey women could be sitting on.

Vertrano began by appraising each of the items collected in the women's homes and identifying what could be sold online, and what should be taken to an electronic or salvage dealer.

It turns out buried inside the New Jersey housewives' "junk" were, in fact, more hidden treasures than they thought.

Those old pins collecting dust in a drawer of Nita Moore's home?

Vertrano estimated her collection could be worth up to $200!

While Moore's more eclectic items like the singing ashtrays aren't valuable without a specific buyer, her pins could fetch as much as $30 to $50 each.

Vertrano recommended Moore sell her pins as a collection on eBay or Craigslist to increase their value, and save her time in posting each item.

Nancy Sapper, it turned out, was the big winner among the four women with her collection of old electronics.

Sapper's check amount? $635!

Her gadgets like old cords, electronics and chargers weren't worth much individually, Vertrano estimated, but the bins full of items quickly added up at $5 or $20 each.

Vertrano also offered Sapper $150 alone for the entire collection of old Playbills she had collecting dust in a drawer.

Like Sapper, Jeanette Watters had a huge collection of old gadgets, but her real treasure, Vertrano discovered, was the collection of old CDs she had lying in a basement bin.

Vertrano was willing to buy Watter's CD collection, around 400 discs in all, for $200, but also said she could easily sell them to a salvage dealer or music store for 50 cents to $1 each.

Another tip from Vertrano: download your CDs onto your computer, so you can still play them if you want to, and then sell the hard copies, either online or in a store. This will make you money, and save shelf space.

Finally it was on to the "junk" of Kristen Schwartz who had the bins of VHS tapes, with no VHS player to watch them.

Vertrano estimated that Schwartz's dusty tapes could garner her as much as $180, with each used tape selling for $1 or $2, while her boxed sets of TV shows or old movies could be sold on eBay or bought by a salvage dealer for as much as $20 each.

If you're still questioning whether the effort is worth it, take a tip from the "East Coast Pawn Star" himself.

"There is value to be found in a junk drawer," Vertrano told "GMA."

Even if you can't imagine that any of your junk drawer contents could be turned into cash, it can't hurt to take another look at the old contents lying around your house. Remember, one person's trash is another person's treasure.

Start by separating the contents into piles, and then begin to organize and save what you think is worth reselling and pitching what you know is truly junk.

Then take your new found items to an appraiser or salvage dealer to check their value, or post the items yourself on EBay or Craigslist to sell them directly.

You Asked, We Answered: Expert Answers Your Unclaimed Money Questions Here!

Click here for 11 more tips from "GMA" to find unclaimed cash.

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