Top 5 tips for selling your record collection
1. Selling through a dealer or on your own. Selling your collection as individual items rather than to a dealer can very often be the most lucrative. Your records will obviously fetch more as single items rather than been sold as a job lot. On the down side this will mean spending lots of time listing records and dealing with the inevitable issues selling vinyl particularly on line. Also it is worth considering as your better items disappear it will become harder to sell the more common titles. A reputable dealer will offer you a fair price but please remember they will have their own costs to incur and time spent listing and selling.
2. Valuing Records. Most people trying to value there records will be left confused by the massive variation in prices they come across when searching the internet for record valuation, some records a range between as much as £5.00 and £1.000 depending on the particular issue. It is important to make sure the record you have exactly corresponds with the item you are viewing on the internet, this includes serial numbers, same issues and variation’s on the labels and sleeve.
3. Condition. Condition is vital to the overall value of a record; a record can be collectable but if in poor condition will only be worth a small percentage of its mint value. It is equally important for the record and sleeve to be in clean condition.
4. Finding a dealer. When searching for a dealer look for somebody in your local area or somebody who specializes in your particular genre. Never allow a dealer to Cherry Pick, if you want to sell the whole collection make sure they agree to buy all the records.
5. Are you sure you want to sell. Finally make sure you really want to sell your collection as when the items are gone you find it very hard to obtain the records you had originally. Take time in making your decision and don’t be pressured in to selling.