Planning on selling my collection of stringed instruments. Mostly banjos. Any collectors or instrument stores near Lancaster Pa who would pay what they are worth?
Edited by - Bill Rogers on 01/28/2021 12:30:17
I'm sorry to hear about the circumstances motivating the sale. Perhaps you could simply list them in the classified section, pick up only if you'd rather not ship. Price them fairly and leave it to the market.
I agree with mike. I work in a music store and selling your banjo to a music shop will not get you any where close to what they're worth. Selling them on here is a great option. Good luck and we will keep you in our prayers! Hope you're doing well!
I’ll second, put them for sale here. You’ll get the best price and experience.
Any music store is going to ask for a commission, and that usually runs from 25 to 40%.
If they buy outright, you get around 50% of what you would get selling them here.
I had a stroke almost 3 years ago. I recovered enough to play my guitars and banjos. I’m even working on the pedal steel. Don’t decide too quickly that you won’t be able to play again. The brain finds new pathways around the damaged parts. I find some things even continue to get better even now. One of the worst parts for me was depression, and I still have to deal with that. But playing music again helps with that too. Nobody cared that I couldn’t play as well as I did before.
Continuing to pick a banjo could be good therapy, even if Bile 'Em Cabbage Down seems daunting right now.
There’s a classified ad asking for collections. I texted the guy. You can too.
Thank you all!
I’m not sure I’m responding at the right place?
Maybe I’ll sell most and keep one or two. I appreciate the encouragement and maybe I’ll sell and keep a couple. My banjo addiction urged me to buy low serial #’s, Chief, Stealth, Huber, Lane, and more. Maybe sell one at a time and keep one. My fav was Harry Lane Top Tension! Thank you I appreciate your help!
Originally posted by Chef Thomas
As you are the original poster, you can change Strike to Stroke in the subject line of the forum. It may be helpful.
I agree with every one that to get the most money for your instruments you should sell your banjos through classifies ads here on Banjo Hangout. The down side to that option is working with customers, rounding up shipping supplies, shipping safely across the country, and they dealing with insurance claims in the event of shipping damage. You have to make the decision if it is worth the hassle for the extra cash, or if it just makes sense to sell or consign with a dealer that specializes in banjos
Good luck with moving forward on this.
Fixed the title.
If you have uncommon to rare higher end banjos and other instruments that are in excellent to near mint condition, consignment to a prominent internationally known vintage dealer would be an effective strategy regardless of their consignment fees.
Taking photos, writing descriptions, taking phone calls, finding boxes and packing materials, paying for shipping and insurance, and running boxes to shipping locations is quite a job.
Unless you’ve got unlimited time to spend on the project, I agree with Banner Blue
A 25% fee seems like a lot until you take into account dealing with scammers and tire kickers, shipping and returns, shipping damages, etc. If you were selling one or two instruments it might be worth it, but it sounds like you have more than that.
Maybe you could list what you have here and give some hangout members first crack at them with the stipulation local pick-up only. That way you might get a bit closer to their real value for at least a few of them. Then, if you still feel like you need to sell them, start selling them through music stores. I just hate seeing your situation causing you to lose out on getting the actual value of your collection.
My prayers are with you and I hope you recover well.
I live near you and would be interested in the chief.
This guy posted in the classified, says he's interested in entire collections:
With apologies for missing it yesterday, I’ve moved this thread to Other Banjo-Related since it is as yet unconnected with a Classified Ad.
If your interested in selling the chief banjo please let me know, i live about 35 miles from Lancaster in Bethel, Pa. My email is firstname.lastname@example.org, Thank you!
All the best in your recovery.
Don't assume that you won't get a reasonably fair price going through consignment by a dealer (not a sale to the dealer). Typical consignment fee might be 20%.
That's why "private party" prices are lower than "respected dealer" prices. The private party purchaser is taking a risk too. There are two "markets."
Might check with Turtle Hil Banjos in LaPlata MD. Well known and respected. https://turtlehillbanjo.com
Reasonable drive from Lancaster, so you won't have to ship all the banjos.
Edited by - Alex Z on 01/29/2021 11:51:46
Rather than going through the trouble of creating classifieds for all the banjos, one option is to just post a general list of the banjos in this thread, and if it generates interest you could then move forward with listing the banjos for sale. If there's no interest, you can move on to consignment or bulk liquidation. But I'm sure there'll be interest.
another thing to keep in mind is right now banjo prices are off some,,so its a buyers market for the most part..... best of luck in your sell and recovery....
I'm another banjo player near Lancaster. You might have luck selling them on BHO. I'm sure many of us are local.
'Helix Jack Rabbit' 19 min
'Blank Canvas' 45 min
'Bartlett Banjo Mic' 1 hr
'Todd banjo' 2 hrs