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The 2008 Garage Sale Challenge - Week 1

Posted on 04 May 2008 by Gary H

The $10,000 Garage Sale Challenge

The first weekend of the Garage Sale Challenge is over. I visited a total of 45 garage sales and one Friends Of The Library book sale between Thursday, Friday, and Saturday. Maybe it was just my imagination, but an awful lot of the sales seemed to be almost entirely infant and baby clothing.

While I bought a few things, none of them were spectacular finds. Mostly pretty humdrum stuff.

Here’s what my expenses look like for this first week.

Ended eBay Sold Amazon Sold Cost List Fees FV Fees PayPal Fees Incid. Fees Miles Net Profit Total 
      $35.35 $6.30       $24.75    

The following items will go live on eBay starting Sunday evening and run for seven days:

  • 31 Elizabeth Hiddleson crochet pattern booklets - I paid $.10 each for these
  • A boxed set of 6 Transformers Find Your Fate Juniors books - I paid $1.00 for this
  • A boxed set of Anne Rice’s Sleeping Beauty Novels - I paid $3.00 for these at the FOL sale. They are paperbacks which should have been $.50 each, but when I checked out the lady behind the table, who had to be at least 65, said, “I’m going to have to charge you $3.00 for these. They’re kind of nasty you know.” I asked if she had read them and she just got a big grin on her face.
  • Faery Wicca books I & II - I paid $1.00 and probably should have walked away and left them on the table
  • Boxed sets of the first and second season of The Sopranos TV series - I paid $6.00 thinking they had to be worth buying due to the popularity of the show. Was I ever mistaken. Being VHS doesn’t help either. I’ll be happy to get the opening bid for them
  • Designing Tessellations quilting book - I paid $1.00 for this
  • Uncommon Heroes & Behind The Scenes - two books about the 1997 flood here in Grand Forks. I paid $.50 each for them. Although I listed them in auction format, I’ll probably have to put them in my store and wait for someone to come along who is interested in them
  • 4 Pyrex Nesting Cinderella bowls - I paid $1.00 for them. Definitely not the most popular colors or pattern, but I hadn’t bought much that day, so I succumbed
  • The History Of Grand Forks County - I paid $.25 for this
  • The first season of Brothers And Sisters TV series on DVD - I paid $5.00 for this
  • 2 large talking Teletubbies - I paid $1.00 each for them
  • 8 Haviland Pompadour floral dinner plates - I paid $3.00 for all 8 of them

In addition, the following books were purchased and put on Amazon:

  • Introduction To Maternity & Pediatric Nursing textbook - paid $1.00
  • The Second World War by Winston Churchill - a boxed set of soft covers - I paid $5.00
  • Secrets Of A Jewish Baker cookbook - I paid $.50
  • John Hopkins White Papers, 2006 Vol. I - I paid $1.00
  • Effective Appellate Advocacy - I paid $.50
  • The Ancient & Shining Ones - I paid $.50
  • Gilbert Law Summaries - I paid $.50.

Popularity: 14% [?]

2 Comments For This Post

  1. Diane Says:

    Hi, Gary, Do we account for our “bad buys” somewhere, things we bought that we found aren’t worth putting up on Ebay or Amazon?

    diane

  2. Gary H Says:

    Diane,

    Don’t you just hate those things?

    Whatever you paid for them should be included in your ‘cost of good’ or ‘inventory cost’ as an expense. They would be no different than something you listed on eBay but weren’t able to sell.

    Gary

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