Item | Paid | Costs | Total | SOLD | ROI% | CASH |
Black | 35 | 5.1 | 40.1 | 5.95 | 85.16 | -34.15 |
Penny and Dime | 7 | 7 | 14 | 52 | 271.43 | 38 |
TOTALS | 42 | 12.1 | 54.1 | 57.95 | 7.11645 | 3.85 |
Starting with a relatively small amount of money, each week I hope to purchase and resell an item to make a profitable return on it, treating it as an investment vehicle.
Showing posts with label black americana. Show all posts
Showing posts with label black americana. Show all posts
Monday, January 3, 2011
December Recap
Well lets take a moment to see how the numbers are looking.......
Took an extremely heavy hit on the sheet music, but have bounced back into the black with the coins. WHEW, that feels good! Currently up 7% on everything...fells good to be in the positive and gives me confidence that there are more deals out there to be had!!
Wednesday, December 29, 2010
Current ROI
Black Americana Sheet Music
Price Paid 35
Costs involved 5.10
Total Investment 40.10
Price Sold 5.95
ROI 85.16%
Here's the breakdown on the first auctions.....Down quite a bit, but as stated in the previous post I think it was my timing.
Holidays Holidays Holidays
Good for family get togethers, egg-nog, fruit cake, but not good for selling Vintage Black Americana Sheet music!!!
On to the next one!!
Thursday, December 16, 2010
UPDATE-Black Americana Auction
Zero Bids, Zero Bids, Zero Bids
......But I'm not worried!
There are plenty of watchers on these auctions which hopefully mean the longer these auctions go on the more suspense will build!!
3.5 days left!!
Time will tell!
FIRST SCORE-Black Americana Sheet Music!
Got these off of craigslist in my area, they are pretty cool pieces!
They were advertised as all being from the 193o’s but after getting them home and researching them a bit, found out two are from the thirties, two from 1916 and one from 1912!! WOW
The reason I snatched these up is that Black Americana is a hot niche collectors market. I feel that not only will they sell but at a profit.
Did I invest the full forty in them…….?
Got em for $35, thats $7 bucks apiece, a deal in my opinion!
Threw them up on ebay to sell, in all separate auctions. Why separate auctions? Collectors can be very specific in their tastes, therefore if listed in a group a buyer might not bite only because one out of the five is what they want.
All are listed at .99, with no reserve (meaning they sell no matter how low the price is) a bit of a risk but I feel that the low price gets people interested and bidding. Once they’re involved their competitive spirit takes over and the bids go up and up!
I plan to give an update midway through the auction in a few days!!
Lets see what they do!
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