Selling Other Items

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Antiques
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Books
Out of all the places available for the average person to sell books, one of the best places to sell books is online, at Half.com (owned by eBay). But, there are few things you need to know first:
> You may need to set up a PayPal or MoneyBookers account to accept payments. This depends on Half.com’s current policies, which rumor has it are set to change soon.
> You need to understand the new IRS rules on reporting income from online sales. If you get 200 or more payments from a company or website that processes payments for you, or if you make $20K or more through those payments, the website that is processing the payments for you is legally required to report your income (payments you took in) to the IRS. This only started in January 2011. You are legally obligated to report every dollar, but those are the rules the payment processing companies must follow.
> To sell books you need to understand the market, what prices to ask. When selling on Half.com the best way to do this is to look up the book you’re trying to sell (using the ISBN number to be absolutely sure it’s the same exact book that you have) and see what prices others are selling it for. We recommend you sell your book for 5 cents less than the lowest price out of the top 3 highest prices. For example. If the highest prices are $11.95, $9.99, and $8.95 we recommend you sell yours for $8.90. But make sure you’re picking the same book in the same condition as yours. If your book is “like-new” you should be going by the prices for other “like-new” books.
> Lastly, you need to know how to grade or describe books. A book’s “grade” is its condition. Some grading and descriptive words for books are; New, Like-New, Never Read, Never Cracked Open, Toning or Toned, Remainder Mark, Foxing, Cloth Board, and much more. You need to know what these terms mean so you can use them properly to describe the book you’re selling. Just like grading coins or judging the condition of antiques, there’s a very specific language and scale in book grades. And if you describe your books incorrectly (for example; if you describe it as “like-new” but it’s really “very good”) you will anger your customers, have to refund their money, and get back feedback which will hurt your reputation and sales. So, if you want to sell one book or 100 books, you must know how to grade them or describe their condition correctly. Books have been written on this subject so it’s not something we can post here, but if you want to know more just contact us and we’ll give you the basics. The basics will be posted here soon.

BOOK GRADING & DESCRIPTIONS

Foxing: When the chemical used to bleach the paper of the pages oxidizes over time it shows as brown spots. The page does not degrade, it only discolors, but this does detract from the value.

Cassette Tapes
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Coins & Paper Money
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Comics
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DVDs
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Fossils & Archaeological Items
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Jewelry
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LPs & 45s
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Musical Instruments
Just about any store that sells used musical instruments and audio gear will be willing to buy your used items. The hardest part is finding one close to you and finding one that will give you a fair price. While we can’t tell you specifically who will give you a fair price and who will rip you off, we do recommend selling to stores with the best general reputations, who have been in the business of selling musical instruments for many years. We also recommend you get at least 2 offers from 2 different stores, before you sell. Most pawn shops will buy musical instruments, but they will most likely low ball you (offer a lot lower price than what is fair). You can also try to sell on ebay. But selling anything on ebay can be problematic. One of the biggest problems of selling musical instruments online is the cost of shipping. Even if you have the buyer pay shipping you’re bound to make them annoyed at any price you quote for shipping, even if it’s your actually cost. That’s because most people who shop on ebay are extremely stingy and many buyers don’t have a clue about what’s a realistic shipping fee when buying from private sellers (private sellers cannot get discounted shipping like big companies can). With all that in mind, here’s one of the most popular places to sell, wish is also one of the most popular places to buy:
> GuitarCenter.com

Sports Cards
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Stamps
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VHS Tapes
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War Memorabilia
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