How to Identify Collectibles in Your Home You Can Trade for Cash
If you have raised children, you probably have some old leftover to toy collectibles sitting around the house or boxed up in the attic. Maybe you have held on to them for a while because of sentimental value, or you might hope that your adult kids will take the collectibles off your hands.
But if it looks like you are stuck with the vintage playthings indefinitely and you could use extra storage space, here are a few options for trading those old toys for cash.
Visit a Pawn Shop
Maybe you have seen those popular reality television shows where sellers go to a pawn shop with something they don’t quite know the value of.
Some pawn shop owners specialize in vintage toys and can probably identify your old toys as well as provide a ballpark market price.
Many pawn shops buy goods outright in addition to arranging a pawn deal where the owner is paid a certain sum for an item that he or she intends to buy back within a specified time period.
If that does not happen by the expiration date, the shop owner owns the item outright.
Many have knowledgeable resources or connections they can refer you to or ask about your collectibles.
Check Online Sources
If you can basically describe the toys you want to sell without knowing their exact names or manufacturers, there is a good chance an online search will find it for you.
You can also browse images and product reviews for an idea of your toy’s full identity and value as well as possibly find buyers through websites like Amazon or eBay.
For example, action figures that can convert to robots with superpowers are well known as transformers.
But your sales description to market the toys would be more effective if you include the transformers’ names for each one that you plan to sell.
Get a Collector’s Catalog
It may take time to track down a box load or more of old toy collectibles names.
You may be able to find and consult an online collector’s catalog for a certain time period that will help you locate and fully describe as well as label the toys that will be going on the market. You can also get an idea of the toys’ market value.
Consult a Consignment Shop
Some consignment shops that have been operating for a long time have knowledgeable sales associates or buyers that can provide helpful information about old toys.
It doesn’t hurt to ask, and even if they can’t help you, they may be able to refer you to reliable sources.
When the time comes to get rid of your old toys, consider selling them to a shop or company that will keep them circulating for other kids to enjoy.
You can also pocket a little cash for your efforts so that everyone ends up a little happier because of your toys.
Category: Family Finances
