The tenth week of The $10,000 Garage Sale eBay Challenge is now history with the auctions that ended on Sunday evening. There were thirty-nine Challenge items listed and twenty-one of them sold for a total of only $320.69. The sell-through rate was a somewhat disappointing 54%.
There were a surprisingly small number of garage sales in Grand Forks last week. We had been having some pretty wet weather and I think the prospect of rain, which never materialized, over the weekend made many people opt for another weekend.
As a result, my Challenge purchases for the week only amounted to eighteen items. Among these though there are a few items that should do fairly well. I did manage to buy 11 current college textbooks for $.25 each at a garage sale put on by two young college students. Those went onto Amazon where seven have already sold for a total of a little over $370. I have a hard time understanding why they would put them out for a quarter each when they could have driven a mile and a half to Barnes & Nobles where I’m sure they could have gotten $150 or more for them. Aren’t we teaching our young people today respect for money?
At the end of the tenth week of the Challenge, here’s how things look to date.
| Ended | Sold | Cost | List Fees | FV Fees | PayPal Fees | Incid. Fees | Miles | Net Profit | Total |
| 5/13 | $405.62 | $61.15 | $24.10 | $17.82 | $17.40 | $0.00 | $29.39 | $255.74 | $255.74 |
| 5/ 20 | $135.88 | $12.50 | $13.10 | $7.03 | $4.99 | $0.00 | $39.27 | $58.99 | $314.73 |
| 5/ 27 | $579.76 | $47.05 | $35.85 | $26.39 | $18.54 | $0.00 | $57.72 | $395.31 | $710.04 |
| 6/3 | $500.79 | $36.60 | $19.75 | $21.29 | ‘$20.52 | $0.00 | $21.83 | $380.80 | $1090.84 |
| 6/10 |
No Auctions This Week |
||||||||
| 6/17 | $895.83 | $88.75 | $45.00 | $38.10 | $38.82 | $0.00 | $45.08 | $640.00 | $1730.92 |
| 6/24 | $355.65 | $27.55 | $23.25 | $13.81 | $9.03 | $0.00 | $0.00 | $282.01 | $2012.93 |
| 7/1 | $684.67 | $69.40 | $23.65 | $26.97 | $27.74 | $0.00 | $36.48 | $500.43 | $2513.36 |
| 7/8 | $773.23 | $72.10 | $38.65 | $32.11 | $28.71 | $0.00 | $31.68 | $569.98 | $3083.34 |
| 7/15 | $320.69 | $35.00 | $29.80 | $14.03 | $12.18 | $0.00 | $19.68 | $210.00 | $3293.34 |
| 7/22 | $54.80 | $13.50 | $25.44 | ||||||
Here are the items I bought for the Challenge that are currently live on eBay.
- Roseville Iris Jardinière/Planter - $10.00
- Roseville Zephyr Lily candle holder - $5.00
- Pi Beta Phi Cook Book - $.25
- Land-O-Lakes milk cartons - $1.00
- 3 Pink Pyrex Mixing Bowls - $1.50
- Charles Russell Paintings Of The Old American West - $1.00
- Americana Airlines promotional board game - $1.00
- Iowa Valor - $.25
- 23 Magic Crochet Magazines - $2.00
- North Dakota Badlands Vase - $.50
- Northern Transit Company bus tokens - $.20
- Norwegian America Line souvenir plate - $1.00
- New Dockers Khaki Pants - $2.00
- New Dockers Khaki Pants - $2.00
- 13 Rich Dad Poor Dad books - $20.00
- Arts & Crafts embroidery table cover - $5.00
- SS Rotterdam World Cruise plate - $1.00
- Carter’s Special Occasions carbon paper box - $.10
That’s it for this week. The Rich Dad Poor Dad books are already bid up into the $60 range, and while the two Roseville pieces and the table cover aren’t breaking any records yet, all three have a fair number of people watching them. How many of those are readers and how many are potential bidders though is a good question.
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