September 27, 2006

Q&A: Should I sell my book collection in big lots or in smaller groups?

QUESTION: In your book, you recommend staying away from fiction and "pop culture" books. However, I have some older fiction books that I see are selling quite well on Amazon and Ebay.

There's a popular teen series. The original series, its spinoff, and references in other fiction teen books comprises about 160 books total. Surprisingly I have nearly all 160 books from my childhood collection, donations from friends and a few from library purchases. These books are no longer printed, but there was such a mass production when they came out, that even today, 15 years since the series ended it's easy to get a copies of these books. Individually these books sell for only $1 or perhaps $2.

However, I noticed in an auction of an eBay lot of 16 or more, the price of the lot can skyrocket due to bidding wars. Should I break it all into different lots? Or should I try and sell all 160 books together at a fixed price or auction? I had hoped to get 75 cents to $1 per book, but I can't see a teenager or even a parent willing to spend $150 on a lot.

ANSWER:
You are right, there is a big market in "nostalgia" books that aren't necessarily thought of as "collectibles" by the more snobbish among us. And I think you're on the right track, you need to sell it as a "collection." Since the books aren't individually worth a great deal, selling the whole lot as a package deal is the way to go.

So this pretty much limits you to eBay. The auctions on Amazon draw virtually no bids these days, and since they're phasing out zShops, it really limits your options.

One thing I'd recommend when you sell something like this on eBay is upgrading your auction to "Featured Plus." It costs an extra $20, but it puts your listing at the top of the search results in the category. Selling something like this, having more eyeballs hitting your listing will definitely increase the bidding and could pay for the extra $20 fee several times over.

Also, you should do a bit of research to decide which category is best. The Rare/Antiquarian category is probably best for traditional collectible books, but for this series your best spot on eBay may be in the actual category that new books in that genre are listed under.

You might also want to check out this list of eBay lot selling tips at Elaine'’s Bookseller Blog. As Elaine notes, large lots don't always bring in the highest per-book prices. Sometimes it's best to sell in smaller or medium-sized lots, it depends on the type of book.

And be sure not to miss this follow-up comment by one of Elaine's readers.

3 Comments:

Anonymous Jim C said...

If you are missing just a few books from this collection, you may want to purchase those books to complete the collection. I think this small investment may bring you a monster return. I would definitely sell it as one lot on Ebay. Good luck!

9/27/2006  
Anonymous Anonymous said...

I'd have to disagree with selling it as 1 lot. Do some research and see if you can find out which of the series is bringing the most money. Maybe someone is lacking a few of the books and willing to pay top money to complete their set. If you sell a few and they bring top prices you can sell the rest for a nominal price and still come out ahead. I think more buyers are willing to pay out $50 rather than $150 or so and just get what they need rather than pay big prices and end up with most of the lot not needed for their collection.

9/28/2006  
Anonymous Kashe said...

The upside to selling in one big lot is less time invested in researching every title, and in packaging for shipping, as well as listing and processing fees. I have sold lots both ways, and in most cases, I always sell in Big Lots as opposed to small lots.

Big Lots of a single series attract new readers to the series, and often times I've noticed that they have less than 100 feedbacks, and seem less savy about sniping software as they bid all through out the auction, and not just in the last 6 seconds. One only needs 2 of these type of bidders to really drive up a price on an auction.

9/28/2006  

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