I didn’t go out to look for new items for a little while. On July 20th I went out and got two more items to flip. These items are more expensive like the biscuit form that I purchased on June 29th. The first item is silver plated vase which I paid $4.64 for. The second item is a two piece set of serving bowl and tray.
My thought on the silver plated vase was with the price of silver being as it high as it is at around $18 an ounce I could sell this to a silver metal shop for at least what I paid. This means the risk of the item is almost zero in my mind. I have not done this before with a piece like this, but know this is a potential out to get my money back to reinvest again, if it does not sell. Multiple ways to get your money back and make a profit are always good things to have when you are flipping. I should be able to double my money on this item when it would sell. That is always my goal when buying items at this price point level. If I can sell all of my initial inventory from the change jar then I’ll have about $70 in inventory as I reinvest.
The serving platter and bowl together cost $9.29. I could have sold each separately, but think they will sell for more together. Again, I think this will allow me to double my money on what they cost. These two items together put me slightly over the total I started with by $.44. I am going to try and stay as close to the amount as I had when I make purchases, but with a $.44 overage I am not worried about it. If I looked around my car there was this amount in the cup container. I may use additional change to do this later to help buy more as the change builds back up, but for now I am going to show the overage and let items sell to make up for overages.
Current Inventory and Cash Equivalent
| Item | Cost | Date Purchased |
| Disney Puzzle | $1.18 | 6/6/22 |
| Autumn Puzzle | $1.18 | 6/13/22 |
| Bridge Puzzle | $1.18 | 6/13/22 |
| Ireland Puzzle | $3.45 | 6/27/22 |
| NFL Puzzle | $2.37 | 6/27/22 |
| Globe Puzzle | $.60 | 6/29/22 |
| Animal puzzle #1 | $1.18 | 6/29/22 |
| Animal puzzle #2 | $1.18 | 6/29/22 |
| Music Album puzzle | $1.18 | 6/29/22 |
| Iowa Puzzle | $1.18 | 6/29/22 |
| 3 Hole Punch | $1.18 | 6/29/22 |
| Biscuit | $7.03 | 6/29/22 |
| Silver Plated Vase | $4.64 | 7/20/22 |
| Serving Dish and Bowl | $9.29 | 7/20/22 |
| Cash | -$.44 | Over invested |