Lord Of the Rings! (Collection)

Item Found:  Lord Of the Rings Collection
Price Paid: $80
Projected Value: $500

Profit =  $420

Item has been found at a Flea Market!

Information about item: Lord of the Rings, too much to say regarding the history of the topic. Known for the novels and recent blockbuster movie hits. Here we have a collection of The Lord of the Rings figurines, (larger boxes are busts) Made by Sideshow Weta collectibles, these high quality busts are worth approximately $50-150 each depending on which bust. It's important to understand the value of figurines, especially vintage comics, or new movie memorabilia. Remember, if an item was mass produced, the value is probably extremely low. But, if you have very unique, limited edition items, you might have a winner on your hands. Each of one these is limited produced, and therefore can bring in high money. As for negotiating, the vendor knew these have good value, but was eager to unload. If you are a weekly seller at a flea-market, you don't want to carry your items back and fourth every week. You want to make sure you can turn-over your merchandise in good time and worry about the items your bringing next week. Finding merchandise is the easy part, but locating the right buyer is the difficult task. When I see a collection of items, I always ask how much for the entire lot. Rarely, do I only ask for a single item. You want to take risks, otherwise you will be left with smaller profits. Buying in bulk does have it's advantages since most people are happier to unload more items at a lower price versus selling each individual item. I purchased 9 Lord of the Ring items, the seller wanted between $10-15 each. For the collection his asking price went down to $100. I stood at $80 for the collection.... The dealer agreed! Negotiating just saved $50 off his original asking price. He is happy to see $80 and merchandise gone, and I am happy to have received items valued at $500