In the ’90s, a new sensation hit the market. This sensation was Beanie Babies. People have spent millions on these little pellet-filled toys.
Some people will still fork over that kind of cash today. Thing is, not all of them are worth that much. Even ones with rare errors can be completely worthless. So, how do you know If you’re sitting on a goldmine?
Do you sell all your childhood toys and go from there? That is an option, but you need to know how to sell beanie babies before you throw your collection up online. Check out this guide for a few tips that will get you started.
1. Know the Terminology
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To sell your valuable beanie babies, you need to know what you’re selling. Collectors use certain terminology to look for other serious collectors.
You’ll need to use some of these terms in your description to appear legit. For example, the heart-shaped tag on the ear is often referred to as the hangtag, ear tag, or swing tag.
The fabric tag sewed into the bottom of the toy is called the tush tag. The little beans that fill the cloth are pellets.
2. Sell at the Right Time
You can sell beanie babies pretty much whenever you want. Your efforts will bear more fruit during certain times of the year than others.
If you have any valuable beanie babies that are holiday-themed, sell them during Christmas. There are Valentine’s Day toys that will go fast during the most romantic month of the year.
Consider events going on. If you have one that’s dressed as the mascot of one of the teams that are playing in a game, you might get a good price for it.
3. List it Correctly
You might be able to get some interest if you try to sell your toys at a local garage sale or give them to a thrift shop, but online is the way to go. You will need to list it the right way, or else you won’t get much luck with that either, though.
Use the entire name of the beanie baby in the description. Tell customers what makes the toy valuable. Be as specific as you can.
List any errors on the tag. If there’s anything wrong with the beanie baby, you’ll need to inform potential customers. Take pictures of the toy from every angle.
These rules apply even if you sell Beanie Babies in bulk.
4. Don’t Limit Yourself
Beanie babies are valuable, but you shouldn’t put all your eggs in one basket. You might be able to get something from other Toy collectibles as well.
How to Sell Beanie Babies the Right Way
If you know how to sell beanie babies the right way, you can make a killing off your collection. This may be true even if you don’t have the most valuable ones on the market. You’ll never know until you put them up online.
Selling your stuff isn’t the only way for you to make some quick cash. Check out our blog daily for more tips that you can use.