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It is currently 28 Apr 2024, 02:33
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gypsy
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Post subject: Re: Major Collection For Sale - 3,773 Titles - $125,000 Posted: 03 Oct 2023, 23:08 |
Absolute fan |
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Joined: 23 Jun 2017, 01:55 Posts: 1693 Location: United States Has thanked: 1127 times Been thanked: 346 times
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Glad to see selling them is going well. In my experience the cheap discs do sell as well. Usually to people that buy several at once to bundle shipping.
tl;dr rambling about the original topic which really doesn't matter since the inevitable of selling individually happened.
The problem was always that the only interested buyers in a lot of that magnitude are resellers. No reseller would pay even the $100,000 on a gross value lot of $131,835. By the time you factor in selling fees and shipping there might not even be meat on the bone at a $100,000 buy-in let alone all the time and effort required to sell. That's 75%, not even the most aggressive resale markets with thin margins do that. The highest I've seen is MTG cards where the big dog stores will pay pretty damn well. Video games you would be fortunate to get 40% cash from most places though I could direct anyone to some better options. Most used media ie DVDs/BDs you will get 20% or worse and no store will take LDs of course. I actually think $50,000 would have been extremely fair to take that on and as has been shown by the selling the buyer in this scenario wouldn't have turned a profit over 2 years. We will never know but it intrigues me what a bigger seller would have offered. I would guess under $30,000. When you want maximum value it requires a lot of time and effort while also selling things individually.
_________________ I have added a shop on lddb.com. Check it out, items are priced to sell.
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substance
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Post subject: Re: Major Collection For Sale - 3,773 Titles - $125,000 Posted: 04 Oct 2023, 01:17 |
Confirmed Padawan |
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Joined: 16 May 2009, 18:05 Posts: 3588 Location: California, USA Has thanked: 28 times Been thanked: 323 times
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gypsy wrote: Glad to see selling them is going well. In my experience the cheap discs do sell as well. Usually to people that buy several at once to bundle shipping.
tl;dr rambling about the original topic which really doesn't matter since the inevitable of selling individually happened.
The problem was always that the only interested buyers in a lot of that magnitude are resellers. No reseller would pay even the $100,000 on a gross value lot of $131,835. By the time you factor in selling fees and shipping there might not even be meat on the bone at a $100,000 buy-in let alone all the time and effort required to sell. That's 75%, not even the most aggressive resale markets with thin margins do that. The highest I've seen is MTG cards where the big dog stores will pay pretty damn well. Video games you would be fortunate to get 40% cash from most places though I could direct anyone to some better options. Most used media ie DVDs/BDs you will get 20% or worse and no store will take LDs of course. I actually think $50,000 would have been extremely fair to take that on and as has been shown by the selling the buyer in this scenario wouldn't have turn a profit over 2 years. We will never know but it intrigues me what a bigger seller would have offered. I would guess under $30,000. When you want maximum value it requires a lot of time and effort while also selling things individually. Right on point. 2 years plus and sold only 1/3rd of the inventory. No one in his right might would lock $100k for a mere 25% return over multiple years. We all said sell them individually and it will take you a year or so. Yes, we were wrong. It seems it will take more like 5 years or so to sell them all. We weren't bullies. We tried to set realistic expectations. Some of us gave really good advise. If OP didn't ignore them, he would have kept more of that $47k (gross) into his pocket.
_________________ Coming Soon Derman Labs Anything Of Substance
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ericeide
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Post subject: Re: Major Collection For Sale - 3,773 Titles - $125,000 Posted: 04 Oct 2023, 02:54 |
Shows curiousity |
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Joined: 24 May 2006, 13:15 Posts: 22 Location: United States Has thanked: 6 times Been thanked: 3 times
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Even after two years of silence on my part, I still seem to rub you the wrong way, substance. I honestly don't know why that is the case. All I'm trying to do is get my collection sold.
I ignored no one's advice about the best way(s) to go about doing that. I gave due consideration to all that was said. In fact, within two months after I started this thread, I began selling my laserdiscs piecemeal, which was the predominant advice that was given to me, and which I knew all along was probably what I was going to have to do.
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substance
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Post subject: Re: Major Collection For Sale - 3,773 Titles - $125,000 Posted: 04 Oct 2023, 06:02 |
Confirmed Padawan |
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Joined: 16 May 2009, 18:05 Posts: 3588 Location: California, USA Has thanked: 28 times Been thanked: 323 times
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ericeide wrote: Even after two years of silence on my part, I still seem to rub you the wrong way, substance. I honestly don't know why that is the case. All I'm trying to do is get my collection sold.
I ignored no one's advice about the best way(s) to go about doing that. I gave due consideration to all that was said. In fact, within two months after I started this thread, I began selling my laserdiscs piecemeal, which was the predominant advice that was given to me, and which I knew all along was probably what I was going to have to do. Did you take clear pictures of your collection? Did you catalog them here so whoever is interested knows which versions you have?
_________________ Coming Soon Derman Labs Anything Of Substance
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