I have sold one item since my last update. I sold the William Morris Queen Duvet today for $85 plus shipping. I ended up making $24.07 of profit off of this item. I paid $54.11 which gives me a 44% profit on the item. I sold it in just over half a month which is always a nice, fast flip.
This puts me over $600 since I have started over a year ago. If I were to earn 9.75% approximately on the money I started with annually it would have taken me 30 years to get to $600 in value. These small flips create value very quickly to be able to build up. I need to reinvest $141.57 at this point and haven’t bought anything since this William Morris Duvet and share of Verizon stock.
My change jar flipping is a very low risk, high reward with the amount of items I have in my inventory combined with the probability of how many items I can sell a year. I hope to sell as many items in my inventory a year, as I hold at a time. With the profit margins I am trying to maintain this should get me close to doubling my total amount at least once a year, unless I find an item which is extremely profitable compared to the price I pay for it.
Current Inventory
| Item | Cost | Date Purchased | Sold | Profit |
| NFL Puzzle | $3.45 | 6/27/22 | ||
| Serving Dish and Bowl | $9.29 | 7/20/22 | ||
| *2 Coca Cola Puzzles | $6.91 | 9/13/22 | ||
| *Floral Plate | $2.71 | 9/26/22 | ||
| *Old Spice Cologne bottle | $3.25 | 9/26/22 | ||
| *Wood block set- kid’s toy | $2.17 | 9/26/22 | ||
| *Japanese Stein 1 | $4.33 | 9/26/22 | ||
| *Satellite Puzzle | $2.37 | 11/28/22 | ||
| *Board Game | $3.78 | 1/4/23 | ||
| *Painter’s puzzle | $3.78 | 1/30/23 | ||
| *Antique? vase | $8.11 | 2/21/23 | ||
| *Antique Plates | $7.56 | 3/19/23 | ||
| *Rollerblades | $16.77 | 4/1/23 | ||
| *Granite Cutting Blades (5) | $40.54 | 4/4/23 | ||
| *Crystal bowl | $5.94 | 4/10/23 | ||
| *Perfume bottle | $8.11 | 4/10/23 | ||
| *Pair of Shoes | $37.86 | 5/4/23 | ||
| *Casserole dish | $8.11 | 5/17/23 | ||
| *Nike Air Jordan V.5 Canvas | $27.11 | 5/22/23 | ||
| * Air Jordan Flight Remix Wolf Grey | $42.50 | 5/24/23 | ||
| *Rae Dunn King Sheet Set | $21.61 | 6/14/23 | ||
| *Dyson Vacuum | $20.02 | 6/20/23 | ||
| *Coffee Cup- Floral | $2.70 | 6/20/23 | ||
| *Twin Duvet Set | $25.98 | 6/21/23 | ||
| *Skateboard | $8.11 | 7/26/23 | ||
| *Queen Sheet Set Brown and White Plaid | $64.94 | 8/23/23 | ||
| *Technics Tape Player | $22.29 | 8/23/23 | ||
| *Accounting Book | $6.27 | 9/6/23 | ||
| *Brooks Brothers Sheet Set | $12.99 | 9/8/23 | ||
| *William Morris Queen Duvet | $54.11 | 9/29/23 | 10/15/23 | $24.07 |
| *1 Share – Verizon | $32.40 | 9/29/23 | ||
| Underinvested | $141.57 | |||
| Total inventory amount | $603.52 |