Collecting stamps can be fun as well as financially profitable. If you are the owner of a collection of stamps, you may one day find yourself sitting on the "golden mound". When deciding to sell a brand or the entire collection, study the prices in the market and learn how to negotiate.
Instructions
Step 1
Check your collection carefully to find out what stamps you own. Gather detailed information about the brands - this will help establish their estimated value. Relevant brand catalogs can be of great help. An analysis should be done even before you decide to look for a potential buyer for this exotic product.
Step 2
Consult with a collector's expert to determine the most accurate price possible and verify the authenticity of the items. Today you can find professional experts and appraisers on some sites. Contacting a specialist will help you make an informed decision about selling the brand. Keep in mind that the cost of a particular specimen is largely determined by its safety. A wrinkled or damaged brand is less expensive than other brands.
Step 3
Start looking for potential buyers. The best place to look is an antique store. You can also advertise on online auction sites. Sometimes a good result can be obtained by placing an advertisement in the local newspaper. Also look through all the sources available to you to identify people who want to purchase certain types of stamps or the entire collection.
Step 4
Having established the circle of potential buyers, analyze, if possible, their past purchases, find out tastes and preferences. Pay attention to the average price they paid for their past purchases. This information is usually found on auction sites that have potential buyer profile pages. It is possible that these people will be interested in exactly those brands that you are ready to put up for sale.
Step 5
The stage of negotiations with a potential buyer begins. In negotiations, use the information that you have been able to glean from open sources about your brands and about the buyer. Refer to expert judgment. Be prepared to haggle. If a customer offers an obviously unacceptable price for your product, do not be afraid to refuse him. Often, having met with your refusal, a true connoisseur of brands will nevertheless prefer to make a concession and accept the terms you offer.
