Back when Beanie Babies where a huge fad, a lot of people collect them. But what happens now when you have this large collection of Beanie Babies, and you want to sell them off for a profit? Well this article will teach you how!
First of all, it is important to determine the value of your Beanie Baby. This is important because then you will know that you are not getting ripped off, and the amount that you are receiving is appropriate. Of course ideally, you want to sell for the highest possible amount, but having a figure to base off of is very convenient as well.
Steps to determine the value of your Beanie Baby:
- Check the official Beanie Baby website to determine if the Beanie Baby that you are trying to sell is retired. This is important, as a retired Beanie Baby will be a lot more valuable than a more commonplace non-retired Beanie Baby
- Read Beanie Baby Collector Guides. These can be either found online, or at your local bookstore/hobbystore
- Research on the internet about your particluar Beanie Baby.
- Talk to knowledgable people to see if they can appraise your Beanie Babies value
Checking your Beanie Babies
- Look at the tags of your Beanie Baby. A Beanie Babies tags are very important as they prove that your Baby is original and in good condition.
- Beanie Babies with tags that are perfectly preserved are in mint condition and can be sold in such state
- Tags that are slightly bent are near mint and rate at 80% or market price. These Beanie Babies are near-mint.
- Tags that are creased are in exellent condition and are around 65% of market price
- Tags that are missing or ripped are in good condition and are about 45% of the market price
- Beanie Babies that have tears or rips in the Baby itself or missing parts such as ears or noses can range from 5-35% of market price depending on its condition
Note that Beanie Babies with manufacturer defects such as missing spots or tails are not officially priced, but have higher than market value. If you have a market defect Baby it might be worth much more than you originally bought it for! Please consult the top of the guide to determine what to do in order to sell it for a profit!
Also, tag errors such as spelling mistakes etc, on hang tags are easily fixed and not worth that much more. However tush-tag mistakes are definitely considered market defects and have the potential to sell at a higher value!
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