After I retired I went through my collectiion, about 2,000 and pulled about 400 lps. Took the best 100 to 3 of my favorite used shops and sold a few to one shop. The low ball offers I got resulted in me keeping them. No ebay, no Discogs- too much work. So I decided to sell them myself in local record shows. I did 2 in my town and 1 each in towns close to me. Great results and fun. Meeting true vinyl and music lovers. Other vendors were buyers also. Just search for records shows in your area, contact the coordinator of the show, price your lps (I used slightly less than Discogs mid price. I want to move ‘em - not pay bills with proceeds). I never sell a record I would not buy myself or play on my system. I have not done another show in a couple years - but will and have a couple hundred left, boxed and ready. Vendor entry fees are about 50-60 for an 8 foot table. Just need to re-price them against the current market. Plus helping others with music knowlege is always fun. For example, many younger buyers tell me they like jazz but dont know what to buy. Serious collectors attend these shows and they buy. Some vendors specialize in genres- soul, rock, etc. some specialize in imports. Some vendors have physical stores.
Best way to sell a record collection
Hello, last fall I sold my record player and decided to go all in on cds. Now I have a bunch of records that I don’t want that are taking up space. Some of the records are really good finds and according to discogs I have some pretty valuable records as well. My question is, what’s the best way to go about selling? I really don’t want to deal with putting the whole collection on discogs and having to ship out one at a time and dealing with packing and shipping. I’ve never sold records so I’m trying to make it as painless as possible while also getting maximum value out of the records that I purposely acquired for their rarity or value or whatever. Does anyone have experience with this? Thoughts, opinions, advice?
@czarivey I hate the ebay fees. 13% or so, and the same fee on the shipping which I is not income. I have sold 0 on discogs though, and many on ebay, so I don't know how discog works. |
That is one of the reason why ebay would not make sense. Discogs a-bit better, because not spending as much time of listing. Listing 1000 records on ebay may take a couple of weeks of full time labor 40 hours per week. In addition they have draconic fees.
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I did this a few years ago. I bought the proper shippers and inserts, maybe 50 or whatever was pretty small. I listed carefully on eBay which was the time consuming part. I just listed the most valuable records and then made a few packs of 4/5 (whatever fit in the shippers) and sold those too. Then the remainder I gave away. Mailing is pretty easy via media mail USPS and eBay basically can generate the labels. It certainly takes time to do this. |
" However it’s time consuming, and be prepared to deal with disgruntled customers on the other end. Some people get angry if the record has normal surface noise, and then there is the real possibility that it might be damaged by the shipping company " - after 350 records sold, I have not had either problem. As long as one uses a actual cardboard record mailer with a filler piece of cardboard inside with the album / albums, they ship just fine. I just do a visual inspection of the both surfaces, using the Goldmine chart and photos of both sides. |
The trade off is money vs convenience. You will make more doing it piecemeal, particularly if discogs has told you some of them are worth something. If you send them have value. However it’s time consuming, and be prepared to deal with disgruntled customers on the other end. Some people get angry if the record has normal surface noise, and then there is the real possibility that it might be damaged by the shipping company |
"it’s pretty painful to list them and mail them one by one at the post office" - nah, I print the shipping labels though the eBay system and just give them to my mailman. "So selling one at a time and dealing with shipping is hassle free and worth it?" - yes, I think so, I buy the cardboard mailers from sellers on eBay, 50 at a time, under $1.00 each. I add the cost of the shipping, ebay's cut and the shipping cost to the "Buy it Now" price. |
Most value and least painful are two competing goals. Pick out the most expensive or in demand records, purchase a 20 pack of record mailers, and try to sell them on eBay or discogs to get a feel for how much fun or a pain the process is. If you have no history and thus no seller feedback/rating, it might be difficult at first. Keep in mind after listing fees and paypal fees you're going to take about a 16-20% hit on the final transaction proceeds. If you're actively a CD buyer, your best value might be to get trade in (store credit) from your local record store. If they don't have your desired CD in stock, I'm sure they'd be happy to special order for you. Best to bring in a couple dozen at a time, rather than your whole collection, since you're likely to get a better deal that way.
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If you want to get maximum value for any of your records, you have to go the Discogs/eBay route and try to find a collector; you certainly won't get the best value from a retailer who has to turn around and re-sell it again. There isn't really a painless way; just check out various YouTube videos about selling record collections. |