Where would you sell your vinyl collection?


So....
Unfortunately after buying and fixing up a new house and finding we have another kid on the way the time has come to part with my vinyl collection. I just finished putting everything on Discogs. I ended up with 440 albums with Discogs suggesting the lot is worth a decent bit. Is Discogs pretty accurate value wise? Most are audiophile records: Mofi, Classic Records, Speakers Corner, Record Store Day Exclusives, box sets, numbered editions, 45 RPM, 180 or 200 gram, etc. etc. Heavy on classic Rock, Jazz and Blues. I’ve been collecting for ten years and have never sold a record. Most have only been played a couple times and been hanging out on bookshelves. Would you recommend selling on Audiogon? Discogs? Ebay? Amazon? Would it be possible to sell the whole lot at once for the sake of simplicity? I live in NJ not too far from Princeton Record Exchange which buys collections but I’m assuming their offer would be super low relatively speaking as a reseller? All suggestions needed and welcome I need to find the best way to make some cash for the family sooner rather than later. Thanks!
obsessivecollective

Showing 11 responses by obsessivecollective

Thanks so much dgarretson I never heard of either I’ll look them up. I really appreciate the info! 
Unfortunately inna I really do need some money. Sure no problem mofimadness the Discogs ID is jdm15 if you want to check out the list. I haven’t graded them yet because I want to be really thorough because I anticipate what uberwaltz alluded to in terms of buyers finding a problem no matter how exacting your grading is. But the actual reality is they’re almost all in excellent shape. I’m hoping the buyers will be honest as well and not just try to arbitrarily downgrade to get more money off. whart thanks so much for taking the time for that thorough response. That’s a lot of really good information to incorporate moving forward. So it sounds like a wise strategy might be to contact the NJ and Philly groups to gauge interest and / or consider sales through Discogs and EBay. I understand the concept is the trade off for the best financial potential is the hassle of dealing with each item individually. I can live with that.

 Do you guys know how accurate the Discogs values are when you enter your collection? So one example: Bill Evans - Some Other Time: The Lost Sessions from the Black Forest. I entered it in Discogs. For item value it says: Min $120 Med $208.54 Max $303.06. That’s a pretty huge range. So that item is pristine vinyl. I’m sure you could find a couple minor blemishes on the sleeve. If you were in my position what would you make of that in terms of considering what a fair price might be? 
Thanks so much for all the insight I really appreciate it! I’ll check out Popsike as well I had never heard of that site before. Yeah I was amazed by how many versions so I matched catalogue numbers with all run-off groove etchings. It took forever. 
Thanks so much uberwaltz getting your first-hand perspective on the pros and cons of each of the two sites is really insightful. Particularly regarding the specificity demanded on Discogs and your thoughts in your last paragraph regarding the Ebay best offer option. Great info! Thank you for taking the time.
Thanks tomic I hear you and agree about mint. Glad to hear your take on the audiophile garage sale is as enthusiastic as mine. I’ve had several people who’ve viewed this thread and checked out the Discogs list contact me for pricing. I’m grateful for it so I’d like to vet them and give them first dibs and if it doesn’t work out I’m going to give the audio club garage sale route a shot before getting into an Ebay / Discogs itemized sell-off. And if you’ve got some G. Loomis rods I’m coming to your garage sale.
Thanks moofoo that is my thought exactly - price it according to the market as best as I can ascertain through research and getting a relatively fair price. I hadn't even considered the records conventions. That's another great idea especially to connect with the target audience and avoid all the steps involved in online sales, as you mentioned. I tookl a look and it turns out between NJ, NY and PA there are a bunch. I'm so glad I came onto this site and posted this thread -there has been so much insightful input it has well exceeded my expectations. Thanks everybody.    
Thanks for the good points don and johnto. It is definitely now evident there's a higher $$$ cut-off in terms of time spent and the potential profit in choosing a price point where selling a single lp even makes sense. Just need to figure out that number for me!
Thanks mofimadness for that generous offer! I wish I could take you up on it but I'm all the way in NJ. Hopefully someone else reading can take advantage though.
Thanks rjamilla I appreciate you taking the time to provide the purchaser's point of view  - looking at the scenario from the angle of the expectations and thought process of the potential purchaser is a smart idea. Thanks also for your thoughts on valuation. Also specifying US only is a great heads up because I'd definitely want to do that. A hand written note is a nice touch as well. Thanks so much for all the great info.