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“This Was The Best Investment I Have Made”: Late Piano Teacher’s House Turns Out To Be A Hoarder House With 400K Worth Of Treasures
245points
Art, History1 year ago

“This Was The Best Investment I Have Made”: Late Piano Teacher’s House Turns Out To Be A Hoarder House With 400K Worth Of Treasures

“Hi! I’m Alex Archbold, and I’ve been buying and selling antiques since I was 9 years old. From basements to scrapyards, I’ll look just about anywhere I can to find lost antiques and collectables,” the antique hunter from Edmonton, Alberta, Canada, says during the intro of his YouTube channel.

“Sometimes I’ll go big and buy everything,” says Alex, and that’s exactly what he recently did by purchasing all the contents of the house that belonged to a late piano teacher, Bette-Joan Rac.

More info: Curiosity Inc. | Instagram | YouTube

Alex Archbold is an antique hunter from Canada who has a YouTube channel with almost 400k subscribers

Image credits: Curiosity Incorporated

“Growing up with little money and facing bouts of homelessness as a child, finding little treasures to resell helped bring in extra money, and fed my passion for learning about history,” Alex told Bored Panda. “My wife and I opened an antique shop almost 5 years ago in Edmonton Alberta Canada called Curiosity Inc. I carry a wide range of products, but we always look for the cool, unique, and unusual whenever we can.”

This past December, Alex purchased all the contents of the house that belonged to a late piano teacher

Image credits: Curiosity Incorporated

“I first met Madame Rac a couple of years ago when I was invited to look at her 1964 Cadillac in her garage, which hadn’t moved in decades. I never was inside her house as she said she had to tidy up first, so we signed the paperwork in the yard. From then on, I would run into her at coffee shops and we would have chats and say hi,” Alex told us.

“She was a bright flower, dressed very colorfully with a big smile. I was told she didn’t have much money, so at the time I was hopeful that the money from the sale of her car may help her out a bit. She was a patient and fun piano teacher, I’m told. And a very well-travelled lady. Going to Hawaii every year for vacation,” the guy added.

The former owner of the house, Bette-Joan Rac, passed away at 76 years old on November 18, 2020

Image credits: Curiosity Incorporated

The guy paid $10,000 for the contents of the house with the hope that the stuff he’ll find there will get him the money’s worth. He was pretty doubtful, though. “I was told she had a modest income and so I wasn’t expecting much,” Alex shared with us. “When I saw the inside of the house for the first time, I was a bit shocked at the state of the home as she was a very nicely dressed lady.”

Alex bought all the stuff for $10,000 in hopes to, in the end, be able to get his money’s worth

Image credits: Curiosity Incorporated

“It was in an extreme state of hoarding. In fact, the only reason I bought the contents was because I thought it might be a fun adventure for our YouTube channel and at very least, I would get a grand piano. It was impossible to see what was in the house because of how full it was at the time. Places were piled up to the ceiling,” said Alex.

However, the hoarder house turned out to be a real treasure chest

Image credits: Curiosity Incorporated

“Little did I know that the eccentric piano teacher I had met was, in fact, a millionaire!” said Alex.

The first day exploring the house, Alex and his team were emptying out some leaflets in the front room when a few little silver bars fell out of them. And that’s how the process of looking through every single book, magazine, newspaper and even shoe began. The treasures were hidden in the most unexpected places.

Throughout the house, Alex was able to find loads of pure silver dollars

Image credits: Curiosity Incorporated

“Our most impressive finds included wallets full of cash, a 100-ounce silver bar, and bags full of gold and diamond rings,” Alex told us.

The whole journey of looking through the stuff was documented in multiple vlogs that you can find on Alex’s YouTube channel.

Cash hidden in the most unexpected places

Image credits: Curiosity Incorporated

100-ounce bar of silver

Image credits: Curiosity Incorporated

Silver and gold jewellery

Image credits: Curiosity Incorporated

Designer clothes

Image credits: Curiosity Incorporated

The first auction, held online by Edmonton’s Kastner Auctions, resulted in sales of over $250,000. “We invested $10,000 in buying the house contents as is, and we will have sold $400,000 after all is said and done after three auctions of the contents and treasures… This was the best investment I have made to date!” Alex shared with Bored Panda.

Madame Rac’s piano will live inside the café that Alex is opening beside his antique shop

Image credits: Curiosity Incorporated

The whole treasure hunt was documented and posted on Alex’s YouTube channel in the form of multiple vlogs

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What do you think ?
Tabitha L
Community Member
1 year ago

Looks like she was a fun lady.

Aunt Messy
Community Member
1 year ago

This is what happened in my grandmother's house. My mother found $20,000.00 in cash just hidden around the house - like in a bucket full of dirty rags under the sink, she'd stuffed about $5000.00 in there. There were also four different safes that had to be drilled out and had things in them like a LOT of gold and diamond jewelry, a set of solid silver tableware, a quart jar full of silver dollars and so on and so on and so on..... ...///... It took a FULL YEAR to empty that house and six full sized construction dumpsters to get rid of the garbage. Every scrap of paper, every heat vent, open bit of duct work, rafter, attic, toilet tank...and so on and so on had to be searched. It was a nightmare of hantavirus risk, dust, and various filth.

DamnBecky
Community Member
1 year ago

My Grandmother told my dad that there was money hidden all over her house and he was to find it after she died. WE CANT FIND IT. 6 months of looking, me opening EVERY paperback romance novel, my step-mom going through thousands of sewing patterns. We have no idea but we'll keep looking as we sort everything in the house she lived in since 1950.

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Jo Choto
Community Member
1 year ago

I love this. I think to honor Madame Rac, he should use some of that money to help underprivileged kids learn how to play the piano.

Joonscrab
Community Member
1 year ago

Eh... It's his money though. He should be able to do what he wants with it. Whereas, if you see those billionaires, they should donate money to kids :)

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Tabitha L
Community Member
1 year ago

Looks like she was a fun lady.

Aunt Messy
Community Member
1 year ago

This is what happened in my grandmother's house. My mother found $20,000.00 in cash just hidden around the house - like in a bucket full of dirty rags under the sink, she'd stuffed about $5000.00 in there. There were also four different safes that had to be drilled out and had things in them like a LOT of gold and diamond jewelry, a set of solid silver tableware, a quart jar full of silver dollars and so on and so on and so on..... ...///... It took a FULL YEAR to empty that house and six full sized construction dumpsters to get rid of the garbage. Every scrap of paper, every heat vent, open bit of duct work, rafter, attic, toilet tank...and so on and so on had to be searched. It was a nightmare of hantavirus risk, dust, and various filth.

DamnBecky
Community Member
1 year ago

My Grandmother told my dad that there was money hidden all over her house and he was to find it after she died. WE CANT FIND IT. 6 months of looking, me opening EVERY paperback romance novel, my step-mom going through thousands of sewing patterns. We have no idea but we'll keep looking as we sort everything in the house she lived in since 1950.

Load More Replies...
Jo Choto
Community Member
1 year ago

I love this. I think to honor Madame Rac, he should use some of that money to help underprivileged kids learn how to play the piano.

Joonscrab
Community Member
1 year ago

Eh... It's his money though. He should be able to do what he wants with it. Whereas, if you see those billionaires, they should donate money to kids :)

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