January 10, 2016
With the dawn of the electronic age and the invention of the MP3 and other small file formats, conventional music CDs are becoming more and more redundant to people who simply don’t have the space to keep a large CD collection. Although it is nice to hold a physical copy of your favorite artist’s latest work and study the booklet cover-to-cover, chances are that you would have more use out of a digital file that you can put on your iPod or listen to on your mobile phone or PC. Even if you have a large CD collection, most of the music is more than likely already stored on your hard drive and you are looking for alternative ways to sell your old music.
The traditional way to sell old music is to walk to your closest record store, book store or thrift store that deals with second-hand music and sell it to them. The benefit of this is that you get your offer instantly and you can walk out of the store with cash in your pocket. Although you know that you won’t get the full price someone would be willing to pay for the music, dealers are usually up to date on the real value of music CDs and will make a fair offer, considering they still have to resell it. They would also have no qualms in buying a whole collection of CDs, which means less hassle for you.
If you have a couple of rare copies in your music collection, it might be worth it to put them up for auction where people have to bid for it. EBay is currently your biggest online auction house and would give you the greatest exposure. It’s true that bidders are often bargain hunters, so you might end up selling it for less than the dealer would have paid for it, but if your copy is rare or collectible, you could have multiple bidders chasing the price up and end up selling it at a profit.
If it seems like too much effort to pack up your whole CD collection and take it to the store for valuation, online dealers might be the solution for you. To sell your old CDs and DVDs online, you will be required to enter the barcode on the CD cover to determine its value. Alternatively, you could also scan the CDs with your webcam. These websites usually offer a free shipping service within the U.S. Note that some of these stores have a minimum amount of items you can sell at once, so it is more suitable for larger collections.
You could choose to do a private sale, either online or physically. You could advertise your old music CDs in a local newspaper, on craigslist or list it on an online marketplace. However, be sure that the service you are using is reputable and be on the lookout for scammers. Selling privately may get you a higher price, but it is not always the safest route to go.