Thursday, December 14, 2017

Flipping Experiment #2: Online Auction

December 14th - Two Cornwall High School Pins
Sold for: $9.98 Fees: $1.35
Initial Cost for this item's lot: $6.22 Profit on this lot to date: $88.06

Someone bought these two pins, both of which are for high schools in the Cornwall area. The auction was for a former teacher in the Cornwall area, so it makes sense she had these. I actually have about 20 of each of these pins, so I'll just relist these and hope they continue to sell.

The Numbers:
Initial Overall Cost: $118.10
Number of items sold in December: 3
Number of items sold overall: 33
Gross Profit for December: $14.97
Fees to eBay: $2.39
Net Profit for December: $12.58
Net Overall Profit: $247.37

December 7th - Ontario Envirothon Pin
Sold for: $4.99 Fees: $1.04
Initial Cost for this item's lot: $6.22 Profit on this lot to date: $79.43

This is one of the pins from the lot. It was bought by someone in the US who lives in Elephant Butte... 

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