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How Pop-Culture Collectibles Can Increase Your Online Auction
Profits
How Pop Culture collectibles can increase your Online Auction
profits
With the increasingly competitive environment for products to
sell in the online auction arena, sellers are getting more
creative as to the items they purchase for re-sale.
While some of the Dutch Auction items that are frequently sold
on eBay will always maintain their commodity status and always
sell well, Pop Culture collectibles will usually generate a
higher profit-per-item simply because of a combination of two
forces.
Scarcity and Desirability.
Pop Culture collectibles can run the gamut from a special
early edition pair of Levis to a rare Coca Cola collectible.
However, when I discuss Pop Culture items in this article, I
will limit the definition to only the types of collectibles that
I've managed to have any experience with and that would be T.V.,
Movie and Toy collectibles.
Obviously, the category of Pop Culture collectibles is much
bigger than this limited definition, but in the interests of
keeping this a knowledgeable article, I will focus on the limited
definition here.
One of my first experiences with Pop Culture collectibles was
with a box of unused "The Fonz" posters that I found at an
antiques swap meet a few years ago.
I came across this box at a seller's stand. It had one poster
taped to the outside of the box and the price tag on the box said
$5 each.
I asked the seller "How much are the posters?", not ever
assuming that the price on the box was the current price.
The seller replied with "Three bucks each."
Being new to eBay and wanting to experiment, I counted the
posters, which were still in shrink wrap material. There were 25
posters in the box. The box looked like it had been loaded and
unloaded too many times, but the posters were in perfect
condition.
So I asked the seller, "How much for the whole box?"
He asked, "How many are there?"
I told him, "25".
He said, "How about $40 for the box?"
I said, "O.K.", and handed him $40.
I posted an auction for one of the Fonz posters that week. It
was a large photo of "The Fonz for Prez", sort of a campaign
poster with Fonzie in his traditional Leather jacket, thumbs up
and a "Sit on it" button on his jacket.
The auction was set to close on a Sunday, and when I checked
it on Friday, it was up to $22 !
I was shocked and happy at the same time.
On Sunday, I took my family out to dinner and got home to see
that the auction had closed at an astonishing $42.50 !
That experience was the one that cemented me in the area of
Pop Culture collectibles!
I continued to sell the Fonz posters, one at a time (so as not
to "flood the market") at prices from the $42.50 high to a low of
$12.50.
My estimate for gross sales is somewhere around $450 for that
box of posters.
This type of profit exists in the area of Pop Culture
collectibles, but it does take some guts to seek out and "gamble"
on these types of deals.
I had no idea what the posters were worth when I purchased
them, but I had a good hunch, which proved to be correct.
Other Pop Culture deals I've made, most found at antique swap
meets:
M.A.S.H. action figures - purchased a box of 28 of them for
$50, sold them individually for between $9.00 and $15.50
Star Wars Figures - purchased a box of special limited edition
figures for $120 at a regular swap meet, sold the box to a Star
Wars dealer for $2,100.
Evel Knievel figure, mint in box, purchased for $10, sold for
$115.
Alien 3 movie theater poster (massive, about 4' tall by 12'
wide), found at a yard sale for $10, sold on eBay for $50.
Bionic Woman action figure, mint in box, purchased for $30,
sold for $85.
In each of these cases, I had no idea what the value was, I
just went with my gut. But the fact that they were Pop Culture
collectibles made it much easier to take that chance and buy the
items.
Another solution many sellers use is to have their spouse at
home, ready at the computer to do price research on unknown
items!
Armed with a cell phone and a significant other at home doing
research, your results will be less of a risk and more fun,
too!
About The Author
David Espino is the author of "Beyond eBay - How to build a
Home Based Internet business and make more money, working from
home"
To receive a FREE sample from this breakthrough book, click
here: www.HomeBasedBusinessowner.com
Email: dave@HomeBasedBusinessowner.com
 MORE RESOURCES updated Thu. February / 09 / 2012
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Andhra Pradesh Govt to Review Excise PolicyOutlook"The next round of auctions is due in June. So we should have a new policy in place before that," the Minister added. "Syndicates are neither new nor restricted to liquor trade alone. Syndicates exist in sand and other businesses as well," Mopidevi ...and more » |
BBC News |
Miro work fails to sell at London auctionBBC NewsA 1933 work by the Spanish artist Joan Miro failed to sell on Wednesday in a week that has seen other pieces sold for record prices at London auctions. Miro's Peinture had been valued between £7m and £10m but went unsold at the Sotheby's event.and more » |
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Surprisingly weak demand for Hungarian bonds at auctionsportfolio.huHungary's Government Debt Management Agency (ÁKK) has received HUF 62.2 billion worth of bids from primary dealers on a HUF 43 bn lot of bonds and in response to the muted demand it sold only HUF 40 bn worth of debt at auctions on Thursday. |
3G.co.uk |
HTC Launches First 4G LTE Smartphone in Europe3G.co.ukVodafone in Germany are just getting ready to launch their 4G network, but in the UK the 4G auctions are yet to even take place. The HTC Velocity, which is similar to the HTC Vivid LTE that launched in the US, should be released in the next few weeks ...and more » |
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KeyDrive Acquires Moniker and SnapNamesBusiness Wire (press release)... investments Key-Systems®, Moniker® and SnapNames® offer a complete suite of domain name products and services worldwide including access to over 300 domain name extensions, full-serve brokerage, live and online auctions and monetization services.and more » |
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LEAP event supports literacyKPCnews.comTickets for Saturday's event cost $50 per person and include food and beverage tasting, live entertainment by Dan Heath with the Paradise Band, along with the chance to bid on gift items at two auctions. The evening will feature a variety of food ... |
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College show a dress-up affairVictoria Times ColonistIt includes food, music, games, prizes and auctions. Casino Royale has a James Bond theme, so guests are encouraged to wear tuxedos and gowns. The decor of this year's fundraiser will bring to mind Montenegro, one of the settings of the 2006 Casino ... |
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Kickbacks row: AP proceeds to review excise policyZee News"The current system of auction (of liquor shops) is flawed. It needs to be revised...we are on the job," Mopidevi told newsmen here today. A team of senior Excise Department officials visited Tamil Nadu recently to study the excise policy in vogue ...and more » |
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