
This business is one instance of doing just that. What happens if you lose you luggage at an airport? Sometimes you get it back sometimes you never see that luggage ever again. You can blame the airline staff or point a finger at the luggage handling staff it remains that this a fact that much of the luggage is lost forever.

The luggage can legally be auctioned off if not claimed after six months. Just think what stuff you put into your suitcases when you go abroad, not just for holidays but also for business or even immigrating. Lots of valuable items may well be contained with the luggage. These valuable items are usually separated from the luggage before being auctioned and sold as separate lots and can also be bid on. The valuable items sell a cheap prices at auctions and you have the option could either keep the goods for yourself or sell it on for more.
Like any auction, only bid on things you know about otherwise you could find yourself losing money rather if the item doesn't sell for more than you bought it for.
The exciting part is bidding for suitcases and hope there are some sellable good there such as, clothes, books, and other personal items you could sell on. It's a chance you take as auctioneers usually on give little details about what is in each suitcase so you won't know what you are buying.

Every country will have their own systems in place for auctioning lost luggage and may well also an auction house that is open to the public situated near to the airport. In the UK, Greasbys in Tooting, London are auctioneers who have been trading since 1919. Greasbys is the place where lost luggage is now auctioned from one of the biggest airports in the world. This comes of course with the reputation of being responsible for losing the most luggage in the world. The viewing is on Monday afternoon and the auction held the next day.

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