Heroic Advice on the Best Way to Pawn Valuable Comic Books

When short on money, selling a beloved and treasured comic book collection probably is not something you want to do. Got to a pawn shop then. At a pawn shop, selling is not the only option as you could borrow (“pawn”) against the value of the collection. Do not think, however, the pawn dealer is going to offer the highest reference book listed value. Any offered loan amount is sure to be what the pawn broker could realistically sell the collection to those interested in buying are willing to pay.

Beware of Record Sales Figures

Perhaps you purchased a number of comic books as a kid back in the 1970s and have taken reasonably good care of those now-musty pulp titles. Recently, your attention may have been grabbed by reports of the incredible sales figures these books have garnered. While the purchasing figures may be true, you have to realize a record sale means the highest dollar value sold. A record sale is not the average sale price. Furthermore, records sales could be based on difficult-to-duplicate factors such as

  • The book was in perfect mint condition.
  • The character may have experienced a brief popularity resurgence at the time of the sale.
  • The buyer had to have the particular book at a particular time and paid too much.

So, do not assume you are going to get a loan close to the record sale price. Instead, determine the the average sale price figures because this is what the shoppers are actually paying. Remember, anyone shopping in a pawn shop is likely looking for a good deal. You have to adjust your asking price on a loan or an outright sale to meet the consumer’s demands.

Research Closed Online Auctions

Run the issues you are considering pawning through the the search feature of a popular online auction site. Never focus on the asking price. Check out what the final sales figure on a closed auction were. If a book in good condition is worth $100 and the average final sale price is $65, then $65 is what the pawn shop broker is going to base the loan on.

Also, bring printouts of the closed auction with you when visiting a pawn shop like Danny’s Pawn Shop. This way, the broker immediately knows there is a current, interested customer-base for the book. That might nudge the broker into facilitating a loan quickly. After all, buyers are out there.

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