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Thinking about selling Vinyl collection - long

I am a new member, but have been lurking here for over 5 years now. I've been long debating whether or not to get back into using my LPs again - but don't think that I'm really up for the hassle. I am going to catalogue them after we get back from a short trip to NE to see our son in graduate school. I'm not looking forward to the cataloging - if memory serves I have somewhere north of 500 or so LPs. I started collecting circa 1968 - rock, folk, jazz, celtic, fusion - etc.

I went to work after college for Audio Associates in Arlington,VA - had many good TTs - Rabco, Thorens 125w/SME - etc. - Just don't listen to LPs anymore - I doubt if any are below average in condition - some - like Hendrix Electric Ladyland import and French Stones set might have been played once.

So my question is this - what's the best way to sell them after I come up with the list of what I have?

Thanks for the advice - and for all the info and fun I've had over the years reading here!
kencrouch

Showing 3 responses by mapman

mapman's avatar
mapman
22,689 posts
 
If they are in good condition, and are good pressings, you might be surprised what some less common titles or special pressings might go for on ebay.

I'd spend some time looking at prices for these on ebay and sell those that have value individually and put the rest in a lot or lots. If you don't have time, find someone who collects and ask them to help identify any diamonds in the rough more quickly with you.
mapman's avatar
mapman
22,689 posts
 
If you go to a server, make sure you have hard copy backup capabilities. Otherwise, if the server dies and your source material (records or CDs) are gone, you could lose material.
mapman's avatar
mapman
22,689 posts
 
If you are not certain about the actual fair value of items, auction is better. Reserve prices with any real meaning are often a put-off to buyers. I've found it best to start at a price well below value and let it go from there. If everything is done properly, you generally will find a buyer willing to pay a fair market price. Sometimes, a bidding war might bump things up somewhat higher, but don't count on this.

If you auction, start with low risk items of lesser value first to get your feet wet. Do not take risk with potential high value items up front until you get a feel for how things are going.

My comments are based on my experience as both a buyer and seller on ebay. I have no similar experience on this site, so I cannot comment there.

If it were me, I might try putting a few titles that might appeal to avid audiophiles up on A'gon as a test first. Otherwise, I would stick with ebay mainly because I have more experience selling there.
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