The Other Side of the Coin

For the past few weeks, I have been preparing items to sell in an upcoming consignment sale. I will be on the other side of the consignment sale for a change. My husband says I will probably make enough to cover all I have spent in all of the consignment sales for the month. So far, I have only spent about $25 if you do not include the $8 I paid for babysitting. I sure hope I make that much.

Because I am obsessed with the thrift store, ok not obsessed, but I do go there every week at least once. I pick up things that are good deals thinking that I may resell them at a later date. I tried to sell directly to the used kid toy/clothing retail store but was really unhappy with the return on those items. (although the maternity stuff did well). So needless to say, I have a lot of items that I can consign to the upcoming sale. There is a limit of 200 items and I plan on meeting that limit.

I have been pricing items about 1/3 of the retail price or the price I find on the internet which could also be an ebay price. Surprisingly, the toys are priced much higher. I really hope that the toy items will still sell. But I have some great brands such at Fisher Price Little People and Playmobil.

In order to rake in the most money, you have to volunteer some time to the sale either before or during to receive the highest percentage. So I will be volunteering as a cashier during the sale. This way I will be able to see what sells and what does not. I have chosen to have my items returned to me as opposed to donating them with the exception of a few items. This way I can try to sell them again in March during the next consignment sale season.

I have about 130 items ready to go and went through the remaining items and have more than 200 so I will combine some books together so I can meet the 200 maximum.