It might be part of your overall plan or perhaps an emergency comes up – whatever the reason may be, players more often than not end up selling their collections at some point. For those entrenched in the Magic Finance game, the methods are common knowledge but people do frequently ask how they should sell their cards in bulk. Today we will be going over different ways a person can get rid of their cards depending on what their needs are.
I Need Money Right Now
In this situation, you need money as soon as possible or you might be facing some consequences. Let’s say for the sake of example that your car got towed. You need it to get to work but it is going to cost you $400 to get it back and you just do not have it.
Perhaps the quickest way to offload a few hundred dollars’ worth of cards is to buylist them at your Local Game Store (LGS). Now LGSes are known for taking quite the cut on most buylist cards, but higher volume stores will be able to quickly go through hundreds of small to moderately valued cards and are able to make a cash offer on-the-spot.
The only time I would generally recommend buylisting collections to LGSes is when you do not care about getting a large amount of the card’s value back. For this reason, LGSes will (or maybe should) ask you casual questions when selling a collection to determine if it might be stolen in a similar fashion to pawn shops.
I Need Money for an Upcoming Expense
This is slightly different – in this situation you still have a need for money but it is not an immediate need and you have some time. For this example let’s say you have some school textbooks to buy in about three months.
With a few weeks’ time, regional Facebook Buy/Sell/Trade groups can be a great no-fee way to sell cards for most of their market value. Results can vary but if you live in a large metropolitan area, odds are there is at least one highly active group for your area. I have sold a number of cards over the years through a couple of groups like this and turnaround time is generally just a few days on staple cards such as fetch lands. On top of that, there are no fees and meeting up at your local LGS removes the costs and risks of packing and shipping.
If you start to run out of time, you can default to the first method of buylisting.
I Want to Upgrade My Collection
Now that we have discussed the “need situations”, let’s talk a bit about more passive situations. For this example, you might have a set of Polluted Deltas from Khans of Tarkir, but want to upgrade to the original version from Onslaught. Of course there will be an inherent value difference so in reality you will need to trade more than your KTK set.
Any of the previous methods can be used. For the B/S/T groups, you can sometimes even make a direct trade of your newer version of a particular card and other cards for the older version. However, the first methods tend to work better when you already know what you want to upgrade.
Back in August, I had an interview with one of Cardsphere’s founders, Ted Rodney, about their trading platform. As I mentioned in that article, I frequently use Cardsphere to offload Standard cards I have no care for and other things that have held space in my trade binders for far too long. Passively doing this can help you build a stock of credit which you can then use to offer desirable buy prices on higher value cards.
I Want to Cash in My Collection
It might be time to get out of Magic. Maybe you got bored with the game or perhaps you are settling down to the kitchen table and want to get rid of all of the competitive stuff. Or if you have invested in Magic you might have a high value collection you have been holding as an asset.
In Finding the Right Price I talked about the need to be versatile when sourcing prices when purchasing. In the same fashion, if you have the time and patience you can maximize your value by evaluating all of your options. High value cards might be worth eBay or TCG Player fees when compared to their local buylist prices whereas low value cards might not be worth the time of listing, packing, selling, and paying fees in the same comparison.
That’s it for this week’s Magic Finance article. What is your experience with selling cards? Let us know in the comments. You can also reach out to me on my YouTube channel’s twitter account: @mtg_vc.
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