Tuesday, April 5, 2016

Buying and Selling Hollywood Memorabilia


If you love movies than you may be interested in buying some movie memorabilia as it is an investment that could turn into profit down the road. There are all sorts of Hollywood memorabilia out there, and if you happen to have something valuable or of limited edition in your possession, you could sell it and make a profit. If you are going to buy or sell some form of memorabilia, it is best to know what to sell or look for in a item, how to sell it, and how to prove it’s a legitimate piece of memorabilia.

Items that would could be considered of value as Hollywood memorabilia would be autographs from celebrities, screen used props and costumes, musical instruments used in concerts or films, and limited edition goods. Limited edition items include hats, shirts, or jackets commemorating the film for release or for an anniversary edition. There are also press and marketing materials that are valuable, such as lobby cards, standees, or posters.

Ads will need to be put up in the paper or online on sites such as eBay or Craigslist or you could even find a memorabilia dealer if one is in your area if you plan on making money and selling your merchandise. When posting an ad, use keywords that will jump out at people and make them interested in what you have to sell. State the name and the condition of the item clearly and give a detailed description with basic information as well as any details you can give on the item, such as the dimensions and weight, if it was part of a limited run, and if so, how many were released.

The condition of the item is very important as buyers look at that when searching for a piece of memorabilia they really want. The condition listings include mint in the box (MIB), where the item was previously opened but not damaged and in new condition, or new in box (NIB), in which the item is brand new and never removed from the package. A certificate of authenticity can also be procured for your product, which lists if the item was in limited quantity, autographed and when it was made. A certificate of authenticity will ensure you receive top dollar for an item in stellar condition and you may want to take the item to get appraised if you don't have one already and plan on selling it eventually. The appraisal or certificate of authenticity will give you a better figure of how much the item is worth and it also builds confidence in prospective buyers who will be able to see exactly what they are looking at.

If selling online, you will need to take pictures to show people your memorabilia, be it a poster, sword, or a mask. You should cover all angles of the item so people can see clearly and tell if there are any blemishes in the packaging or item itself. Be sure to make a background out of paper or poster board and have proper lighting when snapping pictures. Once you are ready to post, start at a low price to get people in and invested to try bidding or making an offer, and don't list a reserve price as it will discourage people from attempting to inquire. PayPal is the universally accepted payment method as it helps the buyer trust the seller, and vice versa. When shipping your item, make sure it is properly wrapped individually, and pack it firmly and securely in a box and seal it with shipping tape as it is much stronger than masking tape.

Buying memorabilia can be a fun experience and selling can also be rewarding and fun in itself. Good communication between buyer and seller is a must, and giving each other feedback could help you sell or buy something in the future. Be friendly, approachable, and available to answer questions about your item. If you do your homework on what you are looking to sell or buy, it will be smooth sailing for you.

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