How to Sell Collectible Plates: A Comprehensive Guide for eBay and Beyond

How to Sell Collectible Plates: A Comprehensive Guide for eBay and Beyond

Have you amassed over 300 collectible plates but are unsure of how to monetize them? The world of collecting can be misleading, with many items being marketed as 'collectables' to attract curious buyers without substance. In this guide, we will explore the steps to determine the value of your plates, where to sell them and how to maximize your profits.

Assessing the Market Worth of Your Plates

The first step in selling your collectible plates is to assess their real worth. Start by conducting an online search for similar plates. Look for prices on platforms like eBay, auction sites, and dedicated collectibles marketplaces. This will give you a good idea of the current market value and help you decide on the next steps.

Professional Appraisal and Selling Options

If your plates prove to be valuable, consider getting them professionally appraised. This step may come at a cost, but it will provide you with a definitive valuation. Based on the appraisal, there are several selling options available:

Auction Houses: If the plates are highly valuable, consider selling them at an antiques auction. This can bring in a higher price and ensure that your items reach the right collectors. Consignment: You can also opt for a consignment route, which involves selling your items through a middleman. While this will involve some fees, it can save you the effort of managing the sales process yourself. Online Marketplaces: Selling on platforms like eBay is straightforward but requires ongoing management. You will be responsible for listing items, shipping, and customer service.

Personally, I do not find the eBay experience to be overly burdensome. I charge for shipping and invest time in researching the market to maintain competitive pricing and efficiency in my sales process.

Alternative Selling Methods

For those who do not wish to spend time on online sales or in-person consignment, there are alternative methods to consider:

Local Antiques Stores: Contact a nearby antique or collectibles store and see if they would be interested in purchasing your plates. They may offer a cash offer based on appraised value. Facebook Marketplace: Selling on Facebook can be a convenient way to reach potential buyers. However, it may not fetch as high a price as auction venues or professional consignment. Flea Markets: Setting up a booth at a flea market for a few months can be a viable option, but it requires an investment in space and time. Ensure a thorough research on market trends before making this decision.

As someone who has helped clear out my grandparents' house after their passing, I can attest that the drawbacks of selling on eBay can be significant. Filling orders, dealing with customer complaints, and managing shipping costs can obliterate any profit. In many cases, simply disposing of them may be the most practical solution.

That said, if you have the time and resources, and the plates are indeed valuable, online marketplaces like eBay can be a good choice. Just ensure that you have a solid understanding of the market and your plate's true worth before embarking on this journey.