Hi Guys

Been collecting for several years now , think 2014 I started and wondering if there is a market for bulk buying? so my brickfollio says its value is $86k but I bet I have another 20k or more to add to that as I stopped adding to my brickfollio about 3 years ago, my fault I just got caught up with work and other things and lost track.    I have a pretty diverse collection and of course some turkeys too like Tumblers and what not.  I understand whoever buys it would be looking to resell it but wonder what sort of price I might get or if I should try sell it individually eBay/Amazon which was my original idea...ahh great plans :-).     Not in a major hurry to get rid, not costing me anything to hold them but just wondering if its time. I am still picking sets up reduced but my strategy has changed a lot since 2014.   Please don't flame me too much.   Happy Holidays guys.

Thanks all

Stu

this turned into the WET testimonials thread...

14 hours ago, iahawks550 said:

With a large purchase like that, I would suggest putting those into a sortable spreadsheet. Buyers need to be able to figure out what they are getting. I had a great experience with my semi-large sale, but I also had tempered expectations of what to expect with returns. As an off-hand guess, I would take about 60% of Brickfolio value and start from there if looking to unload in one bulk purchase. 

Send a PM to the OP about who purchased you items...and who DID NOT..

3 hours ago, ravenb99 said:

this turned into the WET testimonials thread...

To add a little balance to the testimonials, I can highly recommend Ravenb99 as someone to do business with for anyone who is looking to sell out a large collection.  He and I have done deals together and competed for the same deals, and he is as trustworthy, dependable, and honest as they come.  He's one of the handful of folks here that I'm aware of here who can close very large deals with upfront cash without breaking a sweat.  

19 minutes ago, redcell said:

To add a little balance to the testimonials, I can highly recommend Ravenb99 as someone to do business with for anyone who is looking to sell out a large collection.  He and I have done deals together and competed for the same deals, and he is as trustworthy, dependable, and honest as they come.  He's one of the handful of folks here that I'm aware of here who can close very large deals with upfront cash without breaking a sweat.  

Raven99 has a friggin forklift...Enough said.

14 minutes ago, Ed Mack said:

Raven99 has a friggin forklift...Enough said.

Rumor is that he once had two forklifts at the same time. 

4 minutes ago, redcell said:

Rumor is that he once had two forklifts at the same time. 

Just like Amazon!  Pics or it didn't happen.

So, tell me how the seller makes out in these deals? It seems like the seller is expected to sell at a loss. Are there situations where the seller actually made money? I always see talk of 50% of retail as a starting point. 

13 minutes ago, Brystheguy said:

So, tell me how the seller makes out in these deals? It seems like the seller is expected to sell at a loss. Are there situations where the seller actually made money? I always see talk of 50% of retail as a starting point. 

It's 50% off the current selling/retail price, not the set's original retail price.

For example, take 10224 Town Hall where the current Amazon price is $650 while the original retail price was $200 so a buyer paying 50% is $325. If the seller bought at retail, he's still profiting by $125. Obviously, originally buying on sale at less than retail is ideal.

The OP has a number of sets that have tripled in price so he can still turn a decent profit by selling at 50% off current retail. I doubt he will be losing money. Just depends on how soon he wants to sell and how.

1 hour ago, grackleflint said:

It's 50% off the current selling/retail price, not the set's original retail price.

For example, take 10224 Town Hall where the current Amazon price is $650 while the original retail price was $200 so a buyer paying 50% is $325. If the seller bought at retail, he's still profiting by $125. Obviously, originally buying on sale at less than retail is ideal.

The OP has a number of sets that have tripled in price so he can still turn a decent profit by selling at 50% off current retail. I doubt he will be losing money. Just depends on how soon he wants to sell and how.

Ha, maybe I'm looking at all of my sets and thinking that would be a money loser for me right now. It's hard to have a 50% margin.

10 minutes ago, Brystheguy said:

Ha, maybe I'm looking at all of my sets and thinking that would be a money loser for me right now. It's hard to have a 50% margin.

But the right sets at the right price. Even more so, buy at the right price. 

It’s all buy in and appreciation. Most of my sets were discounted and many appreciated for years. Although I was paid a higher amount because I used a consignment deal, even at 50% current Amazon prices I would be in the black.

It’s all buy in and appreciation. Most of my sets were discounted and many appreciated for years. Although I was paid a higher amount because I used a consignment deal, even at 50% current Amazon prices I would be in the black.

Oh, Amazon prices? Now we're talking!