WFCN –
Anyone could use some additional money right now, what with the cost of living being what it is.
Rummaging through your closets or looking around your house, you’re bound to unearth things that aren’t garbage but could be someone else’s treasure. You could use the money to buy other things, so why not?
Hundreds, if not thousands, of dollars could be sitting in your home’s underused possessions. According to Jacquie Denny, founder of the online estate sale business Everything But The House (EBTH), people have a tendency to undervalue their possessions, but they are willing to part with significant sums of money for unique or scarce objects.
But you never know, even your old playthings and commonplace objects can turn a profit.
For those times when you need cash quickly—for bill payments or to put money into savings—scavenge about your house for these items you may sell.
Name-Brand Apparel
Like many other Americans, you may have relegated those formal dresses and business suits to the depths of your closet as you made the switch to working from home. Maybe they would be more productive if allowed to collect coins instead of moths.
You may make a tidy profit by reselling designer threads that you are willing to let go of. You can sell gently used or pre-owned clothing and shoes on websites like Poshmark or eBay instead of visiting a physical consignment business. This will allow you to keep more control over the prices you set and avoid the hassle of dealing with customers.
You can send in large quantities of clean, name-brand apparel and shoes to the online resale site thredUP and choose to donate the items that they don’t take for resale if you’d rather not deal with the inconvenience of selling them individually and are willing to accept a lower potential profit.
Luxury Handbags and Shoes
Another option is to try to sell your unused, high-priced designer shoes or bags on an internet marketplace. According to budget lifestyle expert Lauren Greutman, Poshmark has allowed her to recoup as much as half of the retail price of shoes.
Just snap a photo of the item(s) you wish to sell and post it on the Poshmark app. By sending you a prepaid label via email, Poshmark handles the expense of shipping. Poshmark has a flat rate fee of $2.95 for all sales that are less than $15. A 20% fee is due on sales over $15, with 80% of the proceeds going to you.
Check online to see what other people are selling the item for if you need help deciding on a price. Think about the fact that you need to be upfront about any problems if you don’t want to get into trouble with a buyer.
Sell your unwanted jewelry for cash if you have an inherited necklace that doesn’t suit you or an ex-ring that you’d rather not look at. According to Denny, high-quality jewelry can fetch a big penny.
Getting an appraisal done in advance will help you get the most money out of your jewelry. Visit Appraisers.org, the official website of the American Society of Appraisers, to locate a local appraiser.
Portable computers
According to Michele Perry, a consumer tech specialist at the electronics resale site Gazelle, many households have $400 to $800 worth of unwanted laptop computers.
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You may easily get some money for those old computers by selling them on sites like Gazelle, ItsWorthMore.com, and Decluttr.
Make sure you erase all data from your device and create a backup before mailing it in.
Portable electronic devices
Another technological device that can be sold for money, even in damaged condition, are used cell phones.
If a device is totally functioning but has a cracked screen, needs a new battery, or has a damaged button, Perry claims that it will still have value even if it is broken or damaged.
As per 9to5Mac, even a somewhat outdated model, such as the iPhone 11, can fetch up to $100.
Gift Certificates
Nearly half of all Americans (47%) have gift cards sitting around, unredeemed, according to research from CreditCards.com. The sum is twenty-one billion dollars. You can make some extra cash by selling gift cards on sites like CardCash and Raise if you don’t intend to use them.
Those websites buy gift cards at a discount and resale them for a profit.
Instead of picture albums, you might find a real treasure of old coins that could be worth a lot of money if you dig around in your grandparents’ basement.
An expert coin appraiser should examine any coins or currencies that your ancestors brought back from foreign nations, whether they are collectible or not.
Literary works
Online book sales can be a great way to get some extra cash if you have any books (including textbooks) lying around that you have no plans to read again or have never opened. Denny advised looking through your possessions for any first-edition books or books signed by writers, as they may contain valuable hidden funds.
According to Greutman, one should consider selling old books on Amazon. Find out how much your books are currently worth by scanning them with the free Amazon Seller app. She advised using the app to list books and set prices according to Amazon’s suggested prices. Be advised that Amazon does deduct 99 cents from each item sold as a service fee.
It is essential to check the potential value of your books, especially vintage and rare editions, on sites like Biblio and AbeBooks.
Rare and Valuable Dolls
You should probably take those porcelain dolls that you got from your grandma out of storage and sell them. People are prepared to pay a premium for collectible dolls, says Denny.
Also, people who still have American Girl dolls from years past may be sitting on valuable assets. On eBay, a rare 1986 Samantha American Girl was advertised for $5,995 recently, in pristine condition. A large number of shoppers were observing the auction.
Sets of furniture
Get some more money out of that spare room, attic, or garage by selling that old, unused furniture. Local ads on Facebook Marketplace, Craigslist, or OfferUp are another option, in addition to consignment shops that give owners a cut of the sale price.
Allotted funds for Using keywords like brand names in the description, publishing many images, giving all the dimensions, and researching costs of comparable things are all tips from sexy blogger J. Money for selling an item.
Also, be sure to respond to potential customers who contact you via email.
Tools for Making Music
If your aspirations of becoming a rock star never come true, you can always sell or trade in that guitar or drum equipment you acquired many years ago thinking you were going to create a band.
Reverb and similar platforms also allow you to sell musical instruments online. After deducting the 25 cent fee, you retain 92.3% of the selling price.
Athletic Products
Denny made the observation that EBTH is a fantastic place to buy outdoor sporting goods including bicycles, canoes, and fishing equipment. You can also sell used athletic equipment on your own through websites like OfferUp, Craigslist, or Facebook Marketplace.
Also, a Play It Again Sports store is a good place to get your hands on baseball bats, gloves, skis, golf clubs, cleats, and pads for football, among other sports. Right there and then, they will evaluate your gear and give you a quote.
Athletic Relics
You could be able to get some much-needed cash out of your childhood sports jersey collection or baseball card collection. In instance, autographed sports memorabilia has the potential to fetch a pretty penny.
The player’s fame directly correlates to the price, Denny explained. To get the most out of it, think about getting your stuff evaluated.
Professional Sports Authentication is available at PSACard.com, and Appraisers.org will help you locate an appraiser. Many people who are interested in collecting sports memorabilia utilize eBay, which is one of the greatest sites to sell such items. If your verification reveals that you possess a highly valuable card, it may be prudent to seek assistance from a seasoned auction house.
Vintage Things
The condition of the antiques, as well as their rarity and historical importance, are the primary factors that determine their worth, according to Denny.
She warned that sellers would be put off by the high expense of repairs for structural damage or other significant wear and tear on antiques, adding that minor dings and scratches can actually boost their value. “Working with a credible appraiser is essential due to all these complicating factors.”
Be sure to acquire quotations from many businesses before moving forward with selling through auction houses, antiques dealers, or even eBay. Furthermore, EBTH has appraisers available to value both individual artifacts and entire estates, so you can sell antiques there as well.
Pieces of art
You can choose to sell artwork that you have inherited or that you have bought but have never hung around for the money.
It may be wise to get an appraisal done on any works of fine art before selling them. Denny mentioned that regional artwork tends to do very well in EBTH sales. Auction houses are another option for selling your fine work.
China Tableware
You can sell your wedding or inherited dinnerware set at a consignment shop if you’re not a fan of formal dining.
According to Denny, current designer sets from Spode, Lenox, and Ralph Lauren are among the most sought-after pieces of china offered on EBTH. Sites like Facebook Marketplace also allow merchants to post china sets for sale.
Silver
It is possible to make some extra money by selling sterling silver utensils and serving spoons “as is” or for scrap if you have inherited ones that you do not intend to use.
“Since the silver may have some kind of brand association or historical value, it might fetch a higher price than just selling it for scrap,” Denny explained.
Before you decide what to do with your silver, it’s a good idea to get quotations from many metals dealers.
Bonds for Savings
Maybe you got savings bonds as a gift or bought some years ago, but you totally forgot about them. The United States Department of the Treasury reports that millions of dollars’ worth of savings bonds that have matured have never been redeemed.
If your savings bonds have been stolen, lost, or destroyed, you can file a claim at TreasuryDirect.gov.
Appliance Components
Old or used small appliances might still be valuable, according to Greutman. You can sell their parts on eBay, which is why it’s a good option.
As an example, you can find Keurig K-cup replacement water holders on eBay for over $20.
Gaming Computer
When you or your children outgrow a video game, you can make some money by selling it online or at a brick-and-mortar store.
Websites like Decluttr buy old video games and even pay for shipping. Also, you can get shop credit or cash when you sell used video games at places like GameStop.