This is usually a bag or a case of sorts found in West Hollywood, that contains multiple items of low, high, or absolutely no value, including electronics, stationary items, and almost always home made underwear and or bras, that were previously owned and then left behind by a homeless transexual man
Damn bro, today I found some amazing stuff.. I found a brand new Gucci bag that had a paperclip, a half stick of used gum, 14 cigarette butts, some afro sheen, a razor blade, home made underwear that were made out of used ripped fishnet stockings, and a brand new unlocked Apple Ipad air!!!! Damn I love finding Tranny Treasure!!!