We here at Sparkle City Comics love buying and selling comics. We come across so many people looking to sell their comics, and each person has their own unique motive on why they want to sell.
Many times someone just wants to sell their comics for fast cash, but there are actually many times where selling your comics on consignment makes much more sense.
What Is Selling On Consignment?
Brokers or wholesalers make money by buying products and reselling them for a higher price. There is inherent risk in that business model because if an item doesn’t sell fast, money gets tied up in inventory. Instead, sometimes brokers agree to sell an item but only pay the seller once they find a buyer.
When Should Someone Sell Their Comics On Consignment?
Selling on consignment is less risky for all parties involved. Since pricing risk into a transaction means a lower selling price, when you reduce the risk the seller usually ends up with a higher selling price. There are pro’s and con’s to selling on consignment, but if you fall into any of these categories, selling your comics on consignment may be a good fit for you:
If You’re Not In A Rush To Sell Their Comics
By design, selling on consignment takes longer than selling for cash on the spot. If you’re ok with waiting a while to complete the transaction, selling on consignment has a lot of other benefits such as aligning incentives with your broker which ultimately means a more enjoyable process for everyone.
If You Want The Absolute Highest Price Possible For Their Comics
Selling on consignment takes a bit longer, but that’s not necessarily a bad thing if you don’t need the money immediately. By eliminating the risk of getting stuck with inventory, the comics broker can find the right buyer willing to pay the right price. In the end this means more money for you.
If It’s A Very High Priced Comic Or A Very Large Comic Collection
If you have a very high-priced comic book or a very large collection, it may take a while to find the right buyer. It also increases the risks of a broker buying and holding bad inventory. In these situations, selling on consignment makes sense as well.
Sell Your Comics On Consignment To Sparkle City Comics!
Sparkle City Comics specializes in selling high volume and high priced comics on consignment in order to keep everyone happy and provide the best experience possible. If you’re interested in selling your comics on consignment to Sparkle City Comics, fill out this form or call us at 800-743-9205 and we can get the process rolling!