Finding The Value Of Your Collectibles

If you have been into collectibles for any amount of time, you probably have a few that you think could be valuable. While few people get into collectibles just for the money, it is still quite common for someone to make some profit when they resell their items. However, maybe you have had a collectible for some time now and you aren’t really sure how much it is worth.

For that matter, you aren’t really sure if you want to sell it or not. Well, fortunately it is possible to find out the value of an item without committing to sell it. If you want to find out what you your item will fetch, you should follow some of the following guidelines. They are very useful in obtaining an accurate quote.

First of all, you need to have a good idea of what exactly it is that you have. A brand and model is not quite enough. There might be small variances that set it apart from the rest. You should also consider the condition. Ideally, the collectible is completely new in the box, having never been opened or damaged in any way. However, this is not always the case, and the other possibilities have a huge range.

Compile all of the information that you can about the item and its condition before you begin the rest of the process. This will act as a helpful reference as you compare your item to others on the market, and determine if it has any value or if it is worthless.

Next, you will want to check online auction sites, mainly eBay, for your item. Finding your item might be a difficult task since there are literally millions of items listed there, but it is possible if you narrow down the search categories. EBay has entire sections devoted to collectibles, and you will probably be able to find the category to which your item belongs.

From the start, you can search for the brand and model of your item , but if you first narrow down the category then your results will be much more specific. After you have found results, check the box on the left that says “Show completed listings only.” Listings that are still open will not give you a good idea of the price, since more bids may drive up the price. Completed listings will show the final value that you can expect.

You should try to gauge the prices in relation to the condition. Abbreviations like “NIB” and “NRFB” mean that the item is new in its box, and has never been removed. Has your item been removed from its box before? If that is the case, then you shouldn’t expect as much money as an NRFB auction. After you see all of the items on eBay, you should at least have a ballpark estimate. However, eBay isn’t the only online sale site that you should check. You can find price quotes and auctions all over the internet, especially if you are dealing with a collectible that is in a particularly popular group.

If you can’t find a good quote using these techniques, then you should consider getting your item appraised by an expert. This is always the best way to find out its real value according to its condition. You can also talk directly to a buyer to see if you can get a decent offer. Just try all of the techniques that have been mentioned so far, and you are sure to find out what your collectible item is worth to buyers.


 

 

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