Auction Information

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:
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


Autoweek

We went to check out a collector car mega auction (and ended up winning a car)
Autoweek
The thing you need to understand about the modern collector car mega-auction—and it's something you might have to remind yourself of as you begin to tut-tut the list of premiums and fees that seem to accrue whether you're buying, selling or simply ...



eMarketer

First-Price Auctions Are Driving Up Ad Prices
eMarketer
Programmatic platforms are changing the way they price inventory, and their moves are driving up ad prices. Automated ad auctions used to predominantly operate on a second-price basis, which is where the second-highest bid determines the amount of ...



Fortune

How A University IT Guy Looks To Outmaneuver Verizon and AT&T In Upcoming Spectrum Auctions
Fortune
Verizon and AT&T have more fearsome rivals than David Beyerle, a communications engineer in Penn State University's IT department. Nevertheless, the two telecom giants could soon have to bid against him at two major government airwave auctions.



NBCNews.com

Marie Antoinette's jewelry available to hold before Sotheby's ...
NBCNews.com
Rare jewelry once belonging to French monarch Marie Antoinette is on display at Sotheby's Auction House in New York — and they'll even let you hold the ...

and more »


Hearts & Science Calls To Replace First-Price Auction With Reformed Second-Price Model
AdExchanger
The Omnicom agency wants programmatic to create “clean” second-price auctions to remove the premium that buyers pay. It doesn't want to revert back to the previous second-price model, which suffers from problems around transparency and bid density, ...



ECM Publishers

Meeker County Multi-Tract Land Auction
ECM Publishers
Friday, Nov. 9 • 10:00 AM. 629 +/- Acres offered in 5 Tracts. Auction Location: Steffes Group Litchfield Facility, 24400 MN Hwy 22 S, Litchfield, MN. Property Location: Greenleaf Township, approx. 9.2 miles SW of Litchfield, MN or approx. 7.5 miles NE ...



The Hutchinson News

BBQ, auctions at fundraiser event
The Hutchinson News
What can you get for $5? At Reins of Hope, $5 is enough to give a student with disabilities a therapeutic ride on a horse. The nonprofit has kept prices for the 30-minute ride at $5 since 1995. Executive Director Jane Harder said that's partly because ...



Wisconsin State Farmer

Auction calendar: October 19, 2018
Wisconsin State Farmer
Expecting 600 - 800 Head of Feeder Cattle for This Special Feeder Cattle & Bred Beef Cow Auction. Located at N13438 St. Hwy 73. Visit www.premierlivestockandauctions.com. Sale Conducted by Premier Livestock & Auctions, Withee, WI. Athens, WI.



RES Auctions in Poland Ready to Take Off
Lexology
The RES auctions are fast approaching – the first one, for existing installations, is due to start on October 17. The long-awaited RES auctions start tomorrow. This year, the President of the Energy Regulatory Office has divided the auctions into two ...



CoinWeek

Mark Stephenson Joins Heritage Auctions' Beverly Hills Office as Coins Consignment Director
CoinWeek
“Mark is an accomplished expert in every part of coin collecting,” Heritage Auctions President Greg Rohan said. “Consider the important roles that allow success in coin collecting – operations, accounting, management, grading, buying and selling ...


Google News

home | site map
© 2006