A slow start

Disaster. I put the Lexicon game on eBay with a starting price of £3.99 and it sold for... £3.99. I was a bit disappointed as, having done some research,  a figure between £7 and £12 looked possible.

Still, I bought the game for £3.25 so I'd made a 74p (18.5%) profit hadn't I? Unfortunately not - once you deduct 73p in eBay fees as well as the 42p that went to PayPal, the end result is a 41p loss.

So instead of £10 to spend on my next antique, I have £9.59. I was a bit sad to see Lexicon go - it's a great little object and would have looked nice on a bookshelf. But I'm remaining optimistic. I'm heading up north next week and know of an excellent little antique/collectable shop that might just throw up a bargain.

My first buy - a 'Lexicon' card game

It's taken nearly a month but I've finally made my first investment.

I saw this unusual 'Lexicon' card game in a local charity shop and was immediately struck by its unusual book-shaped case embossed in gold-coloured lettering. The front reads, "WADDINGTONS LEXICON CARD GAME, THE GAME OF SKILL, EXCITEMENT AND INTEREST" and the fantastic war-era language continues on one of the advertising cards inside the box: "Hostesses: You will find entertaining particularly successful if you invite your friends to a Lexicon Drive." You can just imagine hostesses everywhere beaming with excitement.

The set comprises: 51 x alphabetical letter cards, 1 x MASTER card, 2 x advertising cards, 1 red booklet entitled Rules of Lexicon and another blue one labelled New Games to be played with Lexicon Cards. The game itself sees players try to dispose of all of their cards by forming words.

At the back of the red booklet are the words: "Copyright JOHN WADDINGTON LTD., Leeds: and London. October 16th 1933." It is difficult to say what the actual production date of my game is (the blue booklet is copyrighted 1935) but by comparing it with similar sets online I reckon it is from the late 1930s/1940s.

There is a similar set described on Leicestershire County Council's Heritage Services pages, although this one comes in a special 'wartime pack'.

I bought mine for just £3.25. The box is in fair condition but the red rules booklet is immaculate and the cards are in good shape considering their age. I've done a little bit of research and similar-looking sets are going for anything between £2 and £12 on eBay.

I'd love to hear from anyone who knows about this or other games from this period. Where shall I try and sell it? Is eBay my best bet? Classified advertising? The aim, of course, is to come away with more than £3.25 (after costs) and then I'll start looking for my next item!

Can I turn a tenner into a ton?

I've set myself a challenge - to buy an 'antique' for £10 or less and sell it for a profit via traditional or online auction.

The plan is then to reinvest the profit (and the original tenner!) in a new treasure, sell that for a profit... and so on. My only rules are:

1. Each object has to be at least 30 years old.
2. Auction house commision/listing prices/postage costs will be deducted from any monies in the 'pot'.

I've always been interested in antiques - I was a massive fan of the Lovejoy television series during the 1980s and will tune into Antiques Roadshow, Bargain Hunt or Boot Sale Challenge whenever I have the chance. I suppose my long-term ambition is to own an antiques shop - but that dream is a very long way off.

So in the meantime I'd like to have a bit of fun and learn a bit as I go along. I know 10 pounds isn't going to go very far but I'd like to think it's possible to turn it into £100.

But where should I start? I have very limited knowledge and even less time available. Should I go for something silver, something made of wood, something from the '50s, the '60s or later? How old does an object have to be to be considered an 'antique' or 'collectible'?

Any suggestions would be much appreciated. In the meantime, I hope you enjoy this blog and check in from time to time to see how I'm doing.

Wish me luck...