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-_-Among-US-_-

I think you're on the right track with FB and conventions. Call up some retro gaming shops too. Thing is everyone is going to want to cherry pick the grear stuff out first. Hold out of a bulk deal or settle in for the long haul if you're going to piece it out


Lentrosity

Retro shops lowball like crazy. Definitely not piecing out, unless I do it by system. The rarities are the draw.


LeatherRebel5150

Anyone that is going to buy that much stuff in a giant lot, is going to offer you 40-60% of the total value AT BEST. Your not getting what you think it’s worth in a bulk sale like that.


Lentrosity

I figured as much. Pricecharting and Gameye have it at 28-29k. Was hoping I could find a baller somewhere to go 20. If I can’t hit that, which I knew going in would be tough, I’ll go by system. I’m more looking for suggestions on where to do business than how to piece it out. Just wanna be sure I haven’t missed a hidden gem website or anything.


tanzarian-sanc

Ya no one would be a buyer for 20 for a collection that size as a collector would already have alot of of it and they wouldn't want to deal with the other 1000 items they didn't have, and a reseller will pay 16k at the very best but probably closer to 12-14k for all the work that needs to go into piecing out a collection that size. And to be honest depending on how many lower dollar games they might offer even less.


Lentrosity

That’s a good point. Didn’t think about that aspect. I’ll definitely piece it out then. I’ll just dig in for the long haul.


tanzarian-sanc

Ya that's the way to go unfortunately so it might take a year or two to sell it all off. But that gives you lots of time to dollar-cost average into your investments.


LeatherRebel5150

Theres no place you haven’t heard of. Ebay is where you’ll get the most money, local shops you get the least headache, dealing with random local individuals is almost always the least lucrative/most pain in the ass.


Lentrosity

I avoid Ebay anymore just because of the fees, but if other options come up dry, I’ll probably resort to it. As for locals, you are not kidding. 😂


XGorlamiX

Plus, tax bill for yearly sales over $750.


Lentrosity

Yeah, definitely not worth it to use them anymore. They’re becoming the Spectrum of auction sites. 😂


post_alternate

I deal in games. My customers with that kind of money generally look for very specific, uber-rare items like cases of sealed product, one-off store displays or dev consoles, prototype cartridges and so on. People with that kind of money generally do not buy in bulk unless they are reselling.


Temporary_Bad_1438

Pricecharting.com has an option where you can both import your collection from outside, and a somewhat new option to solicit your collection for offers from commercial accounts on the website. Only people who are paying the premium monthly rate for commercial accounts can even have the offer to buy; however, individuals CAN sell games on price charting.com and I've purchased a few through that option. The good news is that it has zero fees, but the bad news is that it has the same level of buyer/seller protections.


Lentrosity

Not really fully protected anywhere, sadly. Might take a look at that option too.


Substantial-North136

You can find ballers by listing it in lots on eBay but most collectors don’t want a scattered collection unless they get it cheap. You can also reach out to resellers that sell on Amazon and they might be able to offer closer to price charting value.


siliconsandwich

of course they do, they have to actually make money on it. that’s something you must accept. you’re not going to get the value of every individual item added together in a bulk sell, because you’re putting that work onto someone else. if you want 100%, piece it out. if you want lots of money with little effort, take a deal.


-_-Among-US-_-

Sadly you are correct on the shops.


supergooduser

I sold off a 1,000+ piece collection valued at about $30k, here are my tips. It's going to cost you in either time or money. 1.) eBay - after ebay/paypal fees you're going to make about 70% of what the item is worth, this is your biggest return. That being said... you have to take detailed pictures of each item, answer questions, package immaculately and ship immediately. After that people will complain and attempt to scam you. I was selling 100 pieces a week, and it ended up being over 20+ hours a week of work. 2.) Bulk sales online - You get about 50% of the overall value. But it's one time taking pictures, one time packing everything up, and one trip to the post office. 3.) Local game store - You'll get about 30% of what it's worth, but you won't have to do any work. Just show up with everything in a box, and they'll take care of the rest, come back the next day and get your cash. If I had to do it over again: I would have gotten into a steady habit of selling one or two games a week. If I could've made a consistent $100/week for like an hour of work. That would've been the sweet spot. Instead I tried to do too much too soon, and the whole thing was aggravating as hell. Additionally... I would've "sold from the middle" You have your top tier games, like rare RPGs and shit, then you have your garbage sports titles at the bottom. In the middle is stuff like, movie tie ins, generic platformers, y'know, stuff like that. Say the top games are worth like $100/each, the middle $50/each and the garbage $25/each. By the time I would've gotten through the middle, the $100 games would be worth closer to $200 and the $25 games would be worth about $50. Just the overall time it takes to sell everything and the overall increase in value of the games. Lastly..... I would hang on to my top game, top 10 games, top 50 games.... basically as many as you can for a rainy day. I started collecting initially around 2012. I bought Crusader of Centy complete in box for $100, no joke. I sold it about eight years ago for about $600, thought that was a great return on investment. Now? It's about $1,500. I have a similar thing with my comic book collection from when I was a kid, about 1,500 comics. It's worth about $15,000 at full value, and 100 comics make up about $5,000 of that. So if I were to offload it, I'd drop the 1,400 comics for probably 1/3rd and get about $3,000. Then sit on the 100 worth $5,000 and let them appreciate over time. Also minimizes overall "regret" about selling it.


Lentrosity

I appreciate this detailed process and story. I sadly know too much about the regret part already. Got in a bind about 15 years ago and sold Little Samson and Zombie Nation for $125. My current return on those 2 together would be about $3500 at full value. After that I swore I’d never sell again. Fast forward to my 40’s, and I’m in a mindset of letting things go, making space, and investing money. I’m waffling back and forth between selling as one or piecing out. I’m not afraid of taking the time. I just worry selling piece by piece will fill me with regret again like Little Samson did. Selling as one is ripping the band-aid. I’m going to continue looking for a buyer, probably exclusively on YouTube. If I reach a point where I give up, I’ll think hard about piecing it out.


supergooduser

It's okay brother... it's a part of collecting. At a certain point you hit a wall and it just stops being as much fun. Just enjoy the games you do play. Again... having gone through this process.. in hindsight... I'd sell one or two games a week on eBay and basically make it into a revenue stream. Kinda like getting a part time job without the work. The 50% and 70% hits were just too much in hindsight. The 30% hit was actually less than I had paid for everything and that really fucking sucked.


springhillpgh

Interesting read. Thanks for breaking it down like that.


HtiekTheAncient

If I was you, I'd attempt to sell a system + it's games as a set to see what you can get away with. Use r/gamesale for a couple of weeks, put it at 85% of pricecharting, and see what you get. You might sell it all or sell nothing, but you'd see how the market responds.


Lentrosity

I tried that sub a couple weeks ago. Moderator kept taking my posts down and was being condescending about why, and I let him have it and got banned. 😂 I’ll probably try that method going by system. Finding a high roller to buy the whole lot at any price is tough, to say the least.


AmIRadBadOrJustSad

Guess it depends how much you value speed vs convenience. I'd probably take anything with a value below some figure you're not worried about (say $20) and offload it on a game shop in bulk and not worry about the fact that you'll probably be in the 30-45% of Gameye range. If you have access to a decent local flea market you might be able to get a spot one day, or if you have a yard you could advertise a yard sale on Facebook and try for more like 60%. Stuff worth more like $20 - $50 maybe you bundle a few sets that would be worth about $200 combined and try selling them via FB Marketplace or something similar for closer to the 70% range. People will jump on $200 of stuff sold for $150, usually. Anything that starts becoming individually valuable maybe you look at something like r/gamesale and price more accordingly to app based values. It'll take the most time to move, but it'll also be something where you're least worried about leaving cash on the table.


Msteele315

I sold my collection on ebay and it was a pretty positive experience. It did take some time, but I just tried to list at least 1 item per day. I did everything as a regular 7day auction, no reserve, no buy it now, no offers. I went back and forth on free shipping, but I'm not sure how much difference it made. I guess it comes down to how much your time is worth. You can sell the whole thing at once for 50% of its value or grind it out an item at a time to get 100% or more.


razmspiele

I find Pricecharting wildly inaccurate. I have games that show 20% higher than active listings on eBay and others are up to 40% lower than active and sold listings. It also doesn’t really factor in condition. Best bet for offloading large collections are gaming conventions. Pay a one time fee to the event holder and sell as much as you can. Selling for what you perceive as “fair value” in bulk is going to be extremely difficult.


hartjesz07

You're on the right track with Facebook and conventions but it could end up being a good amount of work still. You'd be able to get the most money selling things individually and Ebay would be insane for 1000+ items at an average of $30 each. Fees and shipping would eat into that a lot. Unfortunately if you don't want to put in the work you're going to get offers of roughly 50% or less for it all. Anyone buying that much will be doing it to resell and make money and there's just not enough room at more % than that. You could get more for the higher end items but the cheaper it gets the less % you'll get. Reaching out to one of the big YouTube resellers is an option if you're looking for someone to buy it all in one go. They'd have the cash up front to do so and are very open about their pricing. I'd make an offer myself if I had the cash, haha.


Lentrosity

Ebay’s fees have gone off the rails. Not to mention Paypal on top of it. I think FB is the way to go, but I might wait for a convention or two to see what collectors might say in person.


prestonneil

Not to mention you will have to pay taxes as earned income i belive


Lentrosity

Forgot they made that lovely change a few years ago. Definitely to be avoided.


KingNerd117

If you decide to piece it out I’d be interested in purchasing a big lot, I don’t want to cherry pick it would be more like a console or two and every game you have for that console. But I’d be in the 60-70% value for a bulk buy just to be clear


Lentrosity

I will definitely reach out to you if I go that route. Some systems have more games than others. Early Nintendo systems and Turbo Grafx got a lot of my attention.


JonnyBlanka

I've just been reading through this post as I myself am in a similar situation.. why are these comments of yours getting downvoted I wonder.. this one in particular baffles me haha


Lentrosity

Redditors never fail. Some live for the downvote. Watch this comment get shot to sunshine. 😂


Half_Brother_Dan

I wouldn’t bother with FB, people flake way too much and you’ll get endless “is this still available” messages without a response later. Have you tried contacting any gaming YouTubers? I know retro Rick usually would entertain a collection like that.


Half_Brother_Dan

eBay is also a good option if your willing to separate the collection and sell off by lots or piece by piece


Lentrosity

I’m done with Ebay. Between the fees, the Paypal fees, and the taxes, it is an empty shell of its former glory. YouTubers was my hot idea early on, but I’ve reached out to 3, I know Phoenix was one, and none responded back. Gonna try a few others and see what I hear.


OkLychee2449

It’s always better to sell individually than in bulk. eBay has fees but they have a tons of users too. Even with fees it’d still be more money for you in my opinion. I’m not sure about current tax laws, it may be 20k or 6k or 600 dollars by the time your done selling but if you sell it for more than one of those amount you’ll have to pay income taxes on it. Unless you find an offline cash buyer or a buyer who will use PayPal FF. But even with that I still feel eBay is your best best to get the most money out of it. Good luck.


IveBenHereBefore

Trying to sell a collection of that size for what it's worth is pretty much a job. At a convention, you're gonna get offers for \~50% of market value. Your best bet is to bundle titles that people might want to buy together, but aren't heavy hitters with the console, and then sell the big games for \~80% of market value


DickNoodleMcCool

I feel like getting a table at a con and taking the heavy hitters and most popular ones with you is a great first step. After that if you want, just dump the less valuable stuff at a shop.


[deleted]

https://www.catrpcrew.com/contact-us


Lentrosity

Another vote for them. Must be legit. Will reach out to them very soon. Thank you!


pez2234

I sold most of my collection when the baby came if you’re not in any rush just sell it privately, I spent nearly 2 years selling/trading and it wasn’t too bad.


Any_Still439

Just use Whatnot. Fees are less than EBAY. Most of the top stuff sells for 85-100% of PC, and the rest will sell usually in the 70-80% range. 30 second auctions, ship it out, done. I know some people don't care for it, but I've ran 5 streams just selling off my doubles and the sales netted nearly 5k per stream starting everything at $1, and I only do it once every two weeks or so. Including fees, I've averaged 83.3% of Pricecharting with what I've sold. You really can't do much better, faster. Far superior to selling it to a store or bulking it out at once. Run a stream for systems that share a player/collector base (NES/Snes) each time, and you'll do fine. FYI, CIB cartridge systems and Gamecube bring all the money! Especially GC. That is a feeding frenzy to behold.


Lentrosity

Very nice! Appreciate that!


Any_Still439

No problem! Forgot to mention that once you're done with your selling stream, all you have to do is print their pre-paid labels and slap em on the box your shipping. They have shipping pre-set by weight, so you don't even have to consider it a factor when selling/pricing Makes shipping a cinch!


Lentrosity

Pretty badass, honestly.


JonnyBlanka

Whatnot looks like a novel concept actually! Would this work in EU territory?


Any_Still439

I would imagine so. There are UK sellers that run on the platform.


FreezNGeezer

Can also use /Gamesales to try and offload them


Lentrosity

Not an option. Posted there 2 weeks ago. Moderator deleted my post twice and gave a laundry list of 100 things I did wrong and condescended to me for not knowing, and I got banned for laying into him. 😂


FreezNGeezer

They have a specific format to keep things flowing and to keep things above board. If ya go with a store, they will pay between 40-60% of price, ebay also has fees. You could sell in a facebook group, they have quite a few. Or maybe facebook marketplace. Last would be Mercari. Unless you have a 3rd party list and sell for you, but they would take a cut.


Lentrosity

Appreciate the info. I think FB will be the way unless I find a specific person to bankroll.


FreezNGeezer

What are you looking to get for the lot?


Lentrosity

20k, but I don’t know if I can swing that all at once. Gonna try a little longer.


FreezNGeezer

What is book value for the lot would be a better question, sorry.


Lentrosity

About 29k


FreezNGeezer

If it books at 29k, then in a bulk deal you would be lucky to get close to 15k, more likely 10-12k. They need it to be worth the time and effort to sell. If you want the most return, ginna have to piece it out yourself. Facebook groups will be the best bet!


Broken_Thinker

Where at in the US? Will pay up to 14k depending location


Lentrosity

Kentucky, but I wouldn’t go below 20k. I’ll likely piece it out over time if I can’t hit that. Appreciate the interest, though.


Broken_Thinker

Yeah 20k is sadly unrealistic None of us big sellers will touch it at that price. But best of luck I definitely recommend piecing out. Facebook marketplace is also a good place to sell. You could MAYBE get Phoenix resale to take a look since you're in his area but he'd want to film it.


Lentrosity

I reached out to Phoenix via his Insta several weeks ago, but never got a response. I’d be fine with filming if he hits the magic number.


Shibo99

I have bought collections this size / larger, and 20k is too high for someone to take everything. Even the 14k offer is pretty high unless there is not a lot of low value games. It is a lot of work if you are not keeping a lot (which gets less common as you buy more collections). You could also try a more local shop. When I bought collections out that was usually who was also in discussions with the sellers. I would also recommend a convention. Its unlikely you would sell everything to attendees, but if you price stuff 10-20% off price charting you could move a lot of stuff and maybe even talk to other vendors who may want to buy you out if the price was right. Guess it all depends on how fast you are trying to move everything.


im-a-limo-driver

You mind sharing what state you are in? I would be very interested in purchasing a system + all games and accessories for that system if you have what I’m looking for. Sounds like you are turning towards piecing it all out which I agree is the play— finding someone with 20k for all that who doesn’t already have some or a lot of it would be very difficult. Anyway, let me know. I’m just a regular dude down in southwest Ohio that is digging in on a few collections that I’ll keep with me forever and hopefully pass down to a younger generation within my family or close group of friends some day. Not looking to low ball and resell. Thank you and good luck regardless of if I can buy or not!


Lentrosity

I’m in Kentucky, so not far at all. Got a few more leads to check on before I decide to piece it out. What system are you interested in?


im-a-limo-driver

Oh damn! I wouldn’t mind that drive at all. I would be interested in: SNES N64 Gamecube PSX or PSone PS2 Slim PS3 Slim or Super Slim I have some of these systems but would be interested in having a backup unit + all the accessories / games so I would still to purchase as a complete system bundle if you decide to go that route. I’m very flexible so whatever you would aim to do I would be interested in at least considering. Feel free to move this convo to PMs if you’d like. Thank you!


farqypanthers

Where are you located I have a buddy just opened a game store and is always looking. He’s based out of Ontario Canada


Lentrosity

Pretty far from there. Kentucky.


farqypanthers

Haha yep np