Well, it's that time again, that time where we find out if Andrea and I were on our game or fell flat on our faces. Overall, I would say we did a decent job. There were no out of the park home runs but we made money on a very limited time constraint due to my blunder.
If you have been following along you know that Andrea bought both items that night. Her first purchase was a near mint Skipper Doll. She paid $10 for the doll and it finished at a very nice $35. Any time you can finish at three and a half times your money means you made a GREAT buy.
Next was the XBox 360 game, Final Fantasy XI. I took a gamble letting Laura get the first choice and then scooping up the game for $5. Well, Final Fantasy ended at a very strong $33.79. Almost seven and a half times the purchase price.
We spent $15 and had to leave the Auction early. We still came out ahead at a profit margin of $53.79. Not bad at all in my book.
The next thing I need to update is the Motorola Walkie Talkies. We purchased the boxlot that contained them for $16. The two walkie talkies sold for a total of $46.50. That is a $30.50 profit from just two things from the box!
If you have been following this blog since the beginning I bought a boxlot just for the Monster High Dolls that was in it. I paid $15 for the box. I promised an update on that purchase when I relisted them in the correct category. Well, they did sell the week before Christmas. One sold for $27 and the other for $9.99. Not what I expected but a profit nonetheless.
For everyone's information, today, Monday, January 7th was the first purchase for the 2013 Auction Experiment. What was it? You'll have to keep checking back to find out.
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