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Info Requested on Selling Banjo

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Feb 27, 2020 - 7:21:52 AM
1606 posts since 2/10/2013

I decided to cut my instrument inventory down to one of each type of instrument. I would much rather sell an instrument locally for less money than deal with packing, shipping, insurance, after sale hassling, etc.. Can an ad be posted and indicate that the instrument is not available for shipping, and the geographic area the instrument is located in ? I would much rather sell it for a couple of hundred dollars less that way than "fool around" with the problems I described.

If I can't do that, I will ship it to Elderly for sale on consignment. Working with them has always been problem free and resulted in quicker sale and a better price.

Thanks for any information

Feb 27, 2020 - 7:32:25 AM

KCJones

USA

653 posts since 8/30/2012

Local Pickup only is an option in the classifieds, I've seen it done several times. No problem, post an ad. Good luck on the sale.

Feb 27, 2020 - 7:59:11 AM

12667 posts since 10/30/2008

Yes, but be aware this can severely restrict the market you are selling to.

Feb 27, 2020 - 11:17:28 AM

84 posts since 11/29/2012

Well, I'm just across the state line and will be interested in what you're selling. Good luck with it, and I'll keep a look out.

Feb 28, 2020 - 7:57:16 AM
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1606 posts since 2/10/2013

I will post an ad in BHO. I have sold instruments through Elderly, but selling locally can be a lot less trouble than shipping and incidental expenses. Thanks to folks who provided the information,

Feb 28, 2020 - 4:45:49 PM
Players Union Member

rudy

USA

14988 posts since 3/27/2004

quote:
Originally posted by Richard Hauser

I will post an ad in BHO. I have sold instruments through Elderly, but selling locally can be a lot less trouble than shipping and incidental expenses. Thanks to folks who provided the information,


I sold off some of my unplayed instruments last year via Elderly and the increased number of perspective buyers greatly offsets getting instruments there, although mine were in the $3000+ category so commission charge was very low.  The one thing you do need to do is research the market yourself so you know what to set your market price at.  (They DO get this wrong sometimes, as I can personally attest to.)

Feb 28, 2020 - 6:15:35 PM
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369 posts since 12/14/2008

I would never let elderly sell an instrument for me. They would have to take a cut and if you have to shop it to them anyway, that just would not make sense for me even if they didn’t take a cut. You will always make top dollar selling it yourself period. Banjo hangout is a great place to sell banjos and the “hassle” from buyers, I’ve never really found that at all. I’m sure it can happen but that’s like saying you don’t want to drive your car because some people get into accidents. Just my two cents.

Feb 29, 2020 - 11:08:05 AM

1606 posts since 2/10/2013

Billy Moore - That may be true where you live, but not around where I live. Shipping a quality instrument to Elderly will almost always sell it faster and bring a bigger price. In the past, some of the things I sent them were never advertised. Elderly has the names of people who are waiting for specific items.

Generally speaking, If a person is especially interested in financial return, Elderly will be the best way to sell something. Especially if you don't live in a large metropolitan area.

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