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Ebay update

July 1st, 2022 at 09:57 pm

Somehow I've forgotten to blog for a while so here's an update on my ebay progress this year.

The 2nd quarter is over. It's almost comical to look at my results vs what my goal was at the start of the year.

Goal: $200/month average profit
Actual as of 6/30: $5,562 or $927/month average profit
Gross sales of $6,877

If you frequent the boards, you may have seen this story, but if not, I hit the jackpot a few weeks ago. I bought a crate of vintage bottle caps at an estate sale for $10. They turned out to be quite rare. I sold a single cap (there were about 1,650 caps in the crate) for $610! I won't get anywhere near that much for the rest but I have sold a few others for over $100 each. So far, I've made about $3,500 from the caps. I actually decided to sell off a lot of them to a collector/dealer. I could have made a lot more keeping them and selling them individually myself but I got a little overwhelmed and figured $3,500 profit on a $10 purchase was amazing and I didn't want to be greedy. If he can make some money too, I'm okay with that. And I didn't sell him everything so I still have a bunch to sell.

I'm trying to back off on buying a bit and focus on getting the stuff I already have listed. I want to keep hitting the estate sales from one company I've been dealing with a lot as they've gotten to know me and give me pretty good deals. Yard sale season is pretty much over as it's getting too hot. I'll work on selling stuff in the basement and garage (when it's cool enough to work out there for at least a few weeks and try to keep myself out of the other estate sales and thrift shops until I get some other stuff listed and hopefully get some more items sold.

2 Responses to “Ebay update”

  1. Suemn Says:
    1656715689

    It sounds like you have a good plan for selling items you already have before you go back to checking the estate sales and thrift stores. I didn't know that vintage bottle caps were a collectible item.

  2. rob62521 Says:
    1656964105

    Wow, DS, that is fabulous! Glad you hit the jackpot!

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