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Jun 30, 12 at 9:19pmRome
I love that show Storage Wars. It's one of the best things on TV right now. Having been taken up by this show, I wanted to try my luck at buying people's stuff and selling at a profit. That chance came today. A friend of mine posted a Facebook event about a yard sale that his friend was having, and I took my buddy Devon down with me to check it out.
I ended up buying a six-piece luggage set for a steal of $10, a Speed Racer Racer X collector's car for $8, and a deck of Yugioh cards with a mat for $2. I also bought a deck of really nice Lord of the Rings playing cards, but that was for myself. Counting only what I spent on the other stuff, I have a total investment of $20. Devon, unfortunately, beat me to buying a nice wooden chess set for $15 that could well have been worth $25 or $30, based on similar chess sets that I have seen.
The luggage set could probably sell much high than I bought it. It's used, looks to be about 20 years old, but is otherwise pretty clean and in good condition. I think I can get at least $40 for the set. The Speed Racer car still had its price tag on the box, which read $20.99, so I am pretty sure that I can sell it for a gain at $20 (or more if I find the right buyer). The deck of Yugioh cards and the mat will likely sell more individually. Most of them are pretty common and sell for a penny on Amazon, but a few of them are worth about a dollar or more. If I can sell just two or three for about a dollar, I have made my money back. I still need to research these cards more, but I think I can turn this deck and mat into $5 easily.
So my projection is that, if I am able to sell everything, at the very least I can pull in a revenue of $65, meaning a return rate over 300% and $45 in profits.
All that out of the way, I know most people probably have a moment in which they try to sell something for a profit, so please sure your stories, as I am interested to learn about them for the same reason that I like Storage Wars, or tell me about your current ventures that you have in motion.
I ended up buying a six-piece luggage set for a steal of $10, a Speed Racer Racer X collector's car for $8, and a deck of Yugioh cards with a mat for $2. I also bought a deck of really nice Lord of the Rings playing cards, but that was for myself. Counting only what I spent on the other stuff, I have a total investment of $20. Devon, unfortunately, beat me to buying a nice wooden chess set for $15 that could well have been worth $25 or $30, based on similar chess sets that I have seen.
The luggage set could probably sell much high than I bought it. It's used, looks to be about 20 years old, but is otherwise pretty clean and in good condition. I think I can get at least $40 for the set. The Speed Racer car still had its price tag on the box, which read $20.99, so I am pretty sure that I can sell it for a gain at $20 (or more if I find the right buyer). The deck of Yugioh cards and the mat will likely sell more individually. Most of them are pretty common and sell for a penny on Amazon, but a few of them are worth about a dollar or more. If I can sell just two or three for about a dollar, I have made my money back. I still need to research these cards more, but I think I can turn this deck and mat into $5 easily.
So my projection is that, if I am able to sell everything, at the very least I can pull in a revenue of $65, meaning a return rate over 300% and $45 in profits.
All that out of the way, I know most people probably have a moment in which they try to sell something for a profit, so please sure your stories, as I am interested to learn about them for the same reason that I like Storage Wars, or tell me about your current ventures that you have in motion.
