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September 30, 2023- Update Inventory and Sales


I had a lot of things go on since my last update earlier in the month. I sold four items, bought one item, threw away/donated back four old items, and bought one share of stock. I have turned my $36.86 into $579.45 at this point, and need to reinvest $63.39.

Sales

First off, I sold the following four items: One of the Accounting Books, one of the Queen Sheet Set Brown and White Plaid, the Marriage book/game, and the Teapot.

The Accounting book sold very quickly on September 17th for $21 and made $3.96 of profit in eleven days. I sold this book on Amazon which is where I bought it, and I could have sold it for maybe $25 if I wanted to wait longer. However, the quick flip is the best in my mind with the lower priced items so I can keep the money flipping over and over again.

The second item the Queen Sheet Set Brown and White Plaid sold for $117.49 on September 17th also. This is a big winner for me at $38.86 of profit after shipping it out. The one I have left is getting plenty of views which is the data I need to know it will sell also.

The third item I sold was the Marriage box/game. I had discounted it to move to help reduce the number of items in my inventory. I ended up losing $2.79 on this item after discounting it. After the lost I had $5.32 left of the original $8.11 I used to buy this item. I will talk more about this with the items I decided to throw away.

Marriage box
Marriage box

The fourth item sold was the Teapot on September 29th. The teapot was of Shakespeare’s home he was born in. It sold for $19.99 plus shipping and I ended up making $11.67 of profit off of it in six months. I tripled my money of this item. This is a great flip again. I just keep on having very good results when most items sell overall.

Purchase

I bought another William Morris duvet on Sept 29th to add to my inventory for $54.11. I should be able to make over $30 on this item. I stopped myself from buying another William Morris item which would have made me around $15. I want to try and maintain as high a profit amount as I can when I’m spending this amount on an item. I have to remember to focus on trying to make as much on items so I can grow in the best possible manner with the amount of funds I have available.

Stock buy

This is out of line with what I’ve done so far, but I felt like this a good opportunity to buy something that makes sense. I bought one share of Verizon stock at $32.40. When I buy stocks I evaluate them on the basis of the value proposition they are selling at versus what I believe they are instrinically worth, with the thought I do not know how long it would take for the market to realize they have undervalued the business overall.

The first metric I look at is price/book value. I calculate the book value of Verizon at $21.95 a share at this time. You can learn more about how to do this type of calculation by reading the Intelligent Investory by Benjamin Graham. This put the P/B value at 1.50 which is historically very low compared to where this business has been and other similar companies it competes against. The historical average of P/B has been 5.35. The trend has been going down every year for the past eight years, but even at a multiple of 4 this gives me a safety factor on a business with a very large moat.

Next, the earnings are $5 per share before getting in to see if there are any items that need to be adjusted or using a diluted amount for this. This calculates to a P/E $32.40/$5.00=6.48. The average annual earnings is $4.62 for the last five years, which gives a P/E of 32.4/4.62=7.01. The P/E average over the last eight years has been 11.73. This metric gives me confidence in the ability of Verizon to go up to a level which would normalize in the range it should trade at.

The gross margin and profit margin have maintained steady over the past eight years. The gross margin is around 57-60%, and the profit margin is around 10-15% a year. They have been able to maintain these margins even while finishing out the build out of 5G. They have added a lot of debt but are earning over $20B a year which will allow them to reduce their debt load over the years and still be able to maintain their profitability and dividend.

Verizon also can be argued to be the strongest brand in cell phone providers in the US, which is part of their moat. Five years from now they will still be making lots of money. They pay a dividend of $2.66 a share so I will earn over 8% a year while I wait for the price to come back to what I think is reasonable.

Throwing away items

I decided to throw away/donate back four items which I bought over a year ago. I ended up donating the 3 hole punch, Staple and Staple remover, and the Star Wars Puzzles. These items were all over a year old and we’re getting no views consistently for months. With where I am in buying more expensive items I’m going to throw low priced items away/donate them back to Goodwill. I say throw away because that’s the equivalent of what I’m doing on these items by giving them back to Goodwill. They main reason I’m doing this is I don’t want the items I have to take up too much space at my house. As I continue down this road I would end up having a larger percentage of cheaper items I’ve had for longer periods. This would be fine if I didn’t care about the amount of space I was using but I don’t want that to end up being an unlimited amount of space in case I ever move into a storage unit. I will throw away/donate some more items over time like I did with these as I go along. I lost $5.27 by doing this, but this represents less than one percent of the value of inventory I have currently.

Current Inventory

ItemCostDate PurchasedSoldProfit
NFL Puzzle$3.456/27/22
3 Hole Punch$1.186/29/229/26/23-1.18
Serving Dish and Bowl$9.297/20/22
*Star Wars Puzzle$2.377/25/229/26/23-2.37
Star Wars Puzzle$1.188/31/229/26/23-1.18
*2 Coca Cola Puzzles$6.919/13/22
*Stapler and Stapler remover$.549/26/229/26/23-.54
*Floral Plate$2.719/26/22
*Old Spice Cologne bottle$3.259/26/22
*Wood block set- kid’s toy$2.179/26/22
*Japanese Stein 1$4.339/26/22
*Satellite Puzzle$2.3711/28/22
*Board Game$3.781/4/23
*Painter’s puzzle$3.781/30/23
*Antique? vase$8.112/21/23
*Teapot$5.943/3/239/29/23$11.67
*Antique Plates$7.563/19/23
*Marriage book/game$8.113/24/239/21/23-$2.79
*Rollerblades$16.774/1/23
*Granite Cutting Blades (5)$40.544/4/23
*Crystal bowl$5.944/10/23
*Perfume bottle$8.114/10/23
*Pair of Shoes$37.865/4/23
*Casserole dish$8.115/17/23
*Nike Air Jordan V.5 Canvas$27.115/22/23
* Air Jordan Flight Remix Wolf Grey$42.505/24/23
*Rae Dunn King Sheet Set$21.616/14/23
*Dyson Vacuum$20.026/20/23
*Coffee Cup- Floral$2.706/20/23
*Twin Duvet Set$25.986/21/23
*Skateboard$8.117/26/23
*Queen Sheet Set Brown and White Plaid$64.948/23/239/17/23$38.86
*Queen Sheet Set Brown and White Plaid$64.948/23/23
*Technics Tape Player$22.298/23/23
*Accounting Book$5.549/6/239/17/23$3.96
*Accounting Book$6.279/6/23
*Brooks Brothers Sheet Set$12.999/8/23
*William Morris Queen Duvet$54.119/29/23
*1 Share – Verizon$32.409/29/23
Underinvested$63.39
Total inventory amount$579.45
*Indicates purchased from Profit

September 15, 2023- Sales and New Inventory


I have sold two items and bought three items since my last update.

I sold the TI BA II plus for $9.99 and made $2.98 profit off it clearing 50% profit margin on what I paid. The lower amount flips offer a lower level of risk for me, but the profit amount of them is less desirable the higher amount I have to invest currently. The reason for this continues to be the amount of time involved with a smaller item is the same as a larger item to find and ship. I am focused on trying to get my profit amount higher on a per item basis as the less expensive items in my inventory sale off.

TI BA II Plus Calculator Sold 8/31/23
TI BA II Plus Calculator

I could take a different path and stick around a max price point of $10 and scale up very well. I would end up with hundreds of items at a certain point though and would need a storage space to run these. This strategy would be limiting the amount I could make per hour, and would also turn into a dedicated side hustle. This is not what I’m looking to do with this currently.

The second item I sold was the Halloween Queen Sheet Set. I sold it for $39.95, which included me paying shipping. I made $3.37 profit on this item, and I lowered the price, because the probability of selling it past Halloween goes down a lot. This was lower than what I expected when I bought the product, but I will always be happy with making money on any flip.

I bought two copies of an Accounting book off of Amazon in an arbitrage situation which were selling for much less than the others online. I paid $5.54 for one copy and $6.27 for the other copy. The remainder of those selling online are going for around $25 used and $100 new. I’ve relisted the copies I’ve bought for $25, and with the sales rank of them there should be 5-10 copies sold a year. I am using the same marketplace I bought the book on to resell it. This is not a typical way I would do a flip, but it is a viable method to find items.

The last item I bought is a set of Brooks Brothers Sheets I found on a clearance rack, and I paid $12.99 for them. Buying at the price point I did puts me at a very low risk level overall for this item. Clearance racks are a great way to reduce my risk, and offer me the opportunity for a good upside. If this set were to sell where I currently have it priced I could make around $20. I’m looking to make this amount on an item if I go out and source it at this point in my flipping journey. Keeping profit amounter per item at $20 keeps my per hour rate high.

Current Inventory

ItemCostDate PurchasedSoldProfit
NFL Puzzle$3.456/27/22
3 Hole Punch$1.186/29/22
Serving Dish and Bowl$9.297/20/22
*Star Wars Puzzle$2.377/25/22
Star Wars Puzzle$1.188/31/22
*2 Coca Cola Puzzles$6.919/13/22
*Stapler and Stapler remover$.549/26/22
*Floral Plate$2.719/26/22
*Old Spice Cologne bottle$3.259/26/22
*Wood block set- kid’s toy$2.179/26/22
*Japanese Stein 1$4.339/26/22
*Satellite Puzzle$2.3711/28/22
*Board Game$3.781/4/23
*Painter’s puzzle$3.781/30/23
*Antique? vase$8.112/21/23
*Teapot$5.943/3/23
*Antique Plates$7.563/19/23
*Marriage book/game$8.113/24/23
*Rollerblades$16.774/1/23
*Granite Cutting Blades (5)$40.544/4/23
*TI BA II Plus calculator$5.944/5/238/31/23$2.98
*Crystal bowl$5.944/10/23
*Perfume bottle$8.114/10/23
*Pair of Shoes$37.865/4/23
*Casserole dish$8.115/17/23
*Nike Air Jordan V.5 Canvas$27.115/22/23
* Air Jordan Flight Remix Wolf Grey$42.505/24/23
*Rae Dunn King Sheet Set$21.616/14/23
*Dyson Vacuum$20.026/20/23
*Coffee Cup- Floral$2.706/20/23
*Twin Duvet Set$25.986/21/23
*Skateboard$8.117/26/23
*Halloween Queen Sheet Set$21.648/2/239/5/23$3.37
*Queen Sheet Set Brown and White Plaid$64.948/23/23
*Queen Sheet Set Brown and White Plaid$64.948/23/23
*Technics Tape Player$22.298/23/23
*Accounting Book$5.549/6/23
*Accounting Book$6.279/6/23
*Brooks Brothers Sheet Set$12.999/8/23
Underinvested$8.68
Total inventory amount$528.04
*Indicates purchased from Profit

August 29, 2023- Update


I have bought three items since my last update. I have not sold anything since then. I bought two sets of sheets which are they same and cost me $64.94 each. I also picked up a receiver for $22.29. This ends up putting me slightly over invested by $.45. This is a good spot for me to be in and I have 36 items total.

I am keeping long-term thinking in mind with where I am and knowing after ten years this will end up being more than I could guess when I started this. I’m 14 times my initial investment at this point, and know I will end up 100x times my investment at some point in the future.

If I keep at this long enough it could be 1000x times my initial investment, but for this to occur would be in a form I probably don’t fully know, and that’s ok. This is a fun thought experiment to me. I would guess for me to get to 1000x I would be running a much larger inventory, or have diversified the profit I have made into a different business investment opportunity or opportunities. I could imagine if I were to get to the point with $1000 a month coming in I might try to invest in a way the inventory I would have would not be out of hand, and also not have such a large amount invested in my inventory. With that amount of money I could pay a mortgage on a rental property after building up a down payment and use leverage to magnify what I had created. I could also buy a small business of some type which would throw off money. There are endless possibilities, and I am not sure how it will go if I get to that level, but like I said it is a fun thought experiment.

Current Inventory

ItemCostDate PurchasedSoldProfit
NFL Puzzle$3.456/27/22
3 Hole Punch$1.186/29/22
Serving Dish and Bowl$9.297/20/22
*Star Wars Puzzle$2.377/25/22
Star Wars Puzzle$1.188/31/22
*2 Coca Cola Puzzles$6.919/13/22
*Stapler and Stapler remover$.549/26/22
*Floral Plate$2.719/26/22
*Old Spice Cologne bottle$3.259/26/22
*Wood block set- kid’s toy$2.179/26/22
*Japanese Stein 1$4.339/26/22
*Satellite Puzzle$2.3711/28/22
*Board Game$3.781/4/23
*Painter’s puzzle$3.781/30/23
*Antique? vase$8.112/21/23
*Teapot$5.943/3/23
*Antique Plates$7.563/19/23
*Marriage book/game$8.113/24/23
*Rollerblades$16.774/1/23
*Granite Cutting Blades (5)$40.544/4/23
*TI BA II Plus calculator$5.944/5/23
*Crystal bowl$5.944/10/23
*Perfume bottle$8.114/10/23
*Pair of Shoes$37.865/4/23
*Casserole dish$8.115/17/23
*Nike Air Jordan V.5 Canvas$27.115/22/23
* Air Jordan Flight Remix Wolf Grey$42.505/24/23
*Rae Dunn King Sheet Set$21.616/14/23
*Dyson Vacuum$20.026/20/23
*Coffee Cup- Floral$2.706/20/23
*Twin Duvet Set$25.986/21/23
*Skateboard$8.117/26/23
*Halloween Queen Sheet Set$21.648/2/23
*Queen Sheet Set Brown and White Plaid$64.948/23/23
*Queen Sheet Set Brown and White Plaid$64.948/23/23
*Technics Tape Player$22.298/23/23
Overinvested$.45
Total inventory amount$521.69
*Indicates purchased from Profit

August 19, 2023- Over $500


Since my last update I have sold three items and bought one new item. The three sells puts me over $500 at this point since I started doing this just over a year ago. I am very happy with my result and if I were to try just keeping the inventory level where it is right now I believe I could make $500 a year off of it without growing it any bigger than $500. This is very interesting in my mind to think in just over a year I was able to build a small amount, $36.38, into something which could make me $500 a year.

The $500 is a conservative number for me to say a year. The reason I say this is because I have made $411.68 in profit at this point in 2023. I’ve averaged $54.89 in seven and half months at this point while I’ve continued to build. This would put me into a spot where I can easily take $500 a year moving forward to spend on whatever I like. This amount is something to me which actually could be worthwhile to do something enjoyable or be invested for the long term and help me out in life later. To make this it would take me about 20 hours a year at the most and I would control the time.

For $500, I could drive to a national park and camp out for a long weekend and still have money left over every year. I could take the $500 and put it into a mutual fund or EFT investing in the S & P 500 for the next 30 years and have in the range of $75,000 at a 9% annual return. Little amounts turning into something which could one day help. However, what I am going to do is to try and keep reinvesting this money all back into inventory.

I sold the White Twin Sheet Set for $59 and ended up making $12.69 profit on August 7th.

I sold the Logitech Mouse for $13 and ended up making $1.41 profit on August 11th.

I sold the William Morris Duvet Set for $83 and ended up making $31.48 on August 17th. This is a very good flip in a quick time as I hoped it would be.

I bought a Halloween Queen Sheet Set on August 2nd for $21.64.

William Morris Duvet Set

This brings the total amount to $521.69 in possible inventory, and I need to invest $151.72 at this point to be fully invested again. I am focused on buying sheets and the like for a while to keep myself fully invested. I know this area really well and know I have a lot of value when I buy and can get out my money fairly easily in this area if I need to liquidate a set of sheets. I’ll be looking for good deals and keep on reinvesting.

Current Inventory

ItemCostDate PurchasedSoldProfit
NFL Puzzle$3.456/27/22
3 Hole Punch$1.186/29/22
Serving Dish and Bowl$9.297/20/22
*Star Wars Puzzle$2.377/25/22
Star Wars Puzzle$1.188/31/22
*2 Coca Cola Puzzles$6.919/13/22
*Stapler and Stapler remover$.549/26/22
*Floral Plate$2.719/26/22
*Old Spice Cologne bottle$3.259/26/22
*Wood block set- kid’s toy$2.179/26/22
*Japanese Stein 1$4.339/26/22
*Satellite Puzzle$2.3711/28/22
*Board Game$3.781/4/23
*Painter’s puzzle$3.781/30/23
*Logitech Ergonomic Mouse 1$10.272/9/238/11/23$1.41
*Antique? vase$8.112/21/23
*Teapot$5.943/3/23
*Antique Plates$7.563/19/23
*Marriage book/game$8.113/24/23
*Rollerblades$16.774/1/23
*Granite Cutting Blades (5)$40.544/4/23
*TI BA II Plus calculator$5.944/5/23
*Crystal bowl$5.944/10/23
*Perfume bottle$8.114/10/23
*Pair of Shoes$37.865/4/23
*Casserole dish$8.115/17/23
*Nike Air Jordan V.5 Canvas$27.115/22/23
* Air Jordan Flight Remix Wolf Grey$42.505/24/23
*Rae Dunn King Sheet Set$21.616/14/23
*Dyson Vacuum$20.026/20/23
*Coffee Cup- Floral$2.706/20/23
*White Sheet Twin Set$37.886/21/238/7/23$12.69
*Twin Duvet Set$25.986/21/23
*Skateboard$8.117/26/23
*William Morris Duvet Set$42.227/28/238/17/23$31.48
*Halloween Queen Sheet Set$21.648/2/23
Underinvested$151.72
Total inventory amount$521.69
*Indicates purchased from Profit

July 31, 2023- Update


Not much had happened this month in my flipping journey, and then on the 28th I sold an item and two more today. I took some time off and hadn’t sold anything for the month. This was fine by me and knew it would all even out over time.

I had picked up an used skateboard for $8.11 on July 26th. I am going to try something different with the skateboard and show someone who has interest in this how to do some flips. He is younger and I will walk through what I’m doing with him to try and help him make some extra money. Learning what I have over the years is always nice to try and help someone understand this to be able to ramp up a side income.

When I sold the first item on the 28th I went out and got a duvet cover set by William Morris that was on clearance for $42.22. I am very aggressively priced on this item, by being $10 under the closest competitor. With me buying it off the discount rake I feel a quick flip on this one will work out well for me. I should make over $20 on this flip, and it took me 5 minutes in the store to find it. This is a good win for me and I know this type of flip will work to continue to ramp up into a consistent profit amount at least over $10 an item.

I sold the Nike Lebron XII Shoe for $52.50 on the 28th and made $19.11 in profit after shipping it out. This is a 70% profit on the shoe in just over two months. Good flip overall, and I learned having the box for shoes is probably very important in reselling them. I am not getting many views on the other shoes I’ve bought at this point and they don’t have boxes. This is why I experiment with different items to keep this interesting for me and learn more.

Today I sold the tealight and the candle holder to the same buyer. I paid $2.37 for the tealight and sold it for $9.00 and made $8.00 of profit on it. I paid $3.78 for the candle holder and sold it for $10 and made $7.16 of profit on it. I was able to make a higher amount of profit on these two items, because I shipped them together. I refunded five dollars of the shipping to the buyer and still did well on both of these. I’ll look to get one item with the amount I made and had into these items moving forward.

Traumlicht candle holder sold on 7/31/23
Traumlicht candle holder sold on 7/31/23

I have 34 items in my inventory and need to reinvest $38.82 to be fully invested. I’m going to try and find one item to buy with this amount and make at least $20 on it. My plan is to get to this level overall as my inventory grows to $1000. I am very close to being at $500 in my change flip jar journey. I keep proving to myself over and over again this is something which is easy to do if you think about what you are buying and remain patient.

Current Inventory

ItemCostDate PurchasedSoldProfit
NFL Puzzle$3.456/27/22
3 Hole Punch$1.186/29/22
Serving Dish and Bowl$9.297/20/22
*Star Wars Puzzle$2.377/25/22
Star Wars Puzzle$1.188/31/22
*2 Coca Cola Puzzles$6.919/13/22
*Stapler and Stapler remover$.549/26/22
*Floral Plate$2.719/26/22
*Old Spice Cologne bottle$3.259/26/22
*Wood block set- kid’s toy$2.179/26/22
*Japanese Stein 1$4.339/26/22
*Satellite Puzzle$2.3711/28/22
*Tealight$2.3711/30/227/31/23$8.00
*Board Game$3.781/4/23
*Painter’s puzzle$3.781/30/23
*Logitech Ergonomic Mouse 1$10.272/9/23
*Antique? vase$8.112/21/23
*Teapot$5.943/3/23
*Antique Plates$7.563/19/23
*Marriage book/game$8.113/24/23
*Rollerblades$16.774/1/23
*Granite Cutting Blades (5)$40.544/4/23
*TI BA II Plus calculator$5.944/5/23
*Crystal bowl$5.944/10/23
*Perfume bottle$8.114/10/23
*Traumlicht candle holder$3.784/10/237/31/23$7.16
*Pair of Shoes$37.865/4/23
*Casserole dish$8.115/17/23
*Nike Lebron XII Shoe$27.155/22/237/28/23$19.11
*Nike Air Jordan V.5 Canvas$27.115/22/23
* Air Jordan Flight Remix Wolf Grey$42.505/24/23
*Rae Dunn King Sheet Set$21.616/14/23
*Dyson Vacuum$20.026/20/23
*Coffee Cup- Floral$2.706/20/23
*White Sheet Twin Set$37.886/21/23
*Twin Duvet Set$25.986/21/23
*Skateboard$8.117/26/23
*William Morris Duvet Set$42.227/28/23
Underinvested$38.82
Total inventory amount$477.51
*Indicates purchased from Profit

July 6, 2023 – Garage Sale


I had a garage sale on July 1st since the last update and this allowed me to sale some of the puzzles I’ve had for over or close to a year at this point. I lost a small amount of money on all of those I was able to sell, but this is fine by me for two reasons.

The first reason was, it moved older items which had plenty of time to sell and didn’t get sold. At a certain point I have to decide to move on from an item to ensure my inventory isn’t getting stagnant. If something has been listed for a year I have had the opportunity to see the amount of traffic I’ve been getting and most of these items weren’t getting much traffic each sellling period. This means I didn’t buy something with a lot of potential to sell. When I buy items I am purchasing them at a level I could sell them at what I bought them at or a small amount less than that.

Second, I want to keep my inventory amount lower in what I am doing and by getting rid of these older items I was able to do that. This puts me at a total inventory item count of 36 items.

I ended up selling five of the puzzles I had for $1 each. I lost $.18 each on four of them which were all the animal puzzles, and $1.37 on the Ireland Puzzle. I also donated the Christmas coffee cup because it was not getting any traffic since I listed it, and I lost $1.18 on it.

This leaves me with $21.57 I need to reinvest back again.

Current Inventory

ItemCostDate PurchasedSoldProfit
Ireland Puzzle$2.376/27/227/1/23-$1.37
NFL Puzzle$3.456/27/22
Animal puzzle #1$1.186/29/227/1/23-$.18
Animal puzzle #2$1.186/29/227/1/23-$.18
3 Hole Punch$1.186/29/22
Serving Dish and Bowl$9.297/20/22
*Star Wars Puzzle$2.377/25/22
Star Wars Puzzle$1.188/31/22
Animal Puzzle$1.188/31/227/1/23-$.18
Animal Puzzle$1.188/31/227/1/23-$.18
*2 Coca Cola Puzzles$6.919/13/22
*Christmas Coffee Cup$1.189/13/227/1/23-$1.18
*Stapler and Stapler remover$.549/26/22
*Floral Plate$2.719/26/22
*Old Spice Cologne bottle$3.259/26/22
*Wood block set- kid’s toy$2.179/26/22
*Japanese Stein 1$4.339/26/22
*Satellite Puzzle$2.3711/28/22
*Tealight$2.3711/30/22
*Board Game$3.781/4/23
*Painter’s puzzle$3.781/30/23
*Logitech Ergonomic Mouse 1$10.272/9/23
*Antique? vase$8.112/21/23
*Teapot$5.943/3/23
*Antique Plates$7.563/19/23
*Marriage book/game$8.113/24/23
*Rollerblades$16.774/1/23
*Granite Cutting Blades (5)$40.544/4/23
*TI BA II Plus calculator$5.944/5/23
*Crystal bowl$5.944/10/23
*Perfume bottle$8.114/10/23
*Traumlicht candle holder$3.784/10/23
*Pair of Shoes$37.865/4/23
*Casserole dish$8.115/17/23
*Nike Lebron XII Shoe$27.155/22/23
*Nike Air Jordan V.5 Canvas$27.115/22/23
* Air Jordan Flight Remix Wolf Grey$42.505/24/23
*Rae Dunn King Sheet Set$21.616/14/23
*Dyson Vacuum$20.026/20/23
*Coffee Cup- Floral$2.706/20/23
*White Sheet Twin Set$37.886/21/23
*Twin Duvet Set$25.986/21/23
Underinvested$21.57
Total inventory amount$443.24
*Indicates purchased from Profit

I made a correction in the list above from two errors I found. The NFL puzzle and Ireland puzzle costs were flipped, and I removed the Japanese Stein #2. I think I copied the Old Spice stein as Japanese Stein 1, but I am not sure. I have a separate spreadsheet where all of this is tracked and reconciled to it.