Are you looking for a few ways to earn money to put towards your debt? Do you want to save up for an upcoming big purchase, such as a car or house? If so, then you need to learn all about how to earn money fast by selling your beanie babies.
Doing so can help you get the money you need. You can turn those old plushes into a new purchase with the cash you receive. Their value has never been higher!
See below for an in-depth guide on how to earn money fast selling beaning babies and other stuffed toys from your childhood.
- Know the Rare Ones
Did you know that some beanie babies are worth thousands of dollars these days? If you have a few of those puppies in your possession, you could wind up with some serious cash!
But which ones? That’s the million-dollar question! It’s important to know which beanie babies are the most valuable so that you can rifle through your and your loved one’s collection and see if any of them fit the bill.
Here are the top ten most valuable beanie babies right now:
- Patti the Platypus
- Gobbles the Turkey
- Iggy the Iguana
- Peanut the Elephant (Royal Blue)
- Valentino the Bear
- Claude the Crab
- Snort the Red Bull
- The Peace Bear
- McDonald’s International Bears
- The Purple Princess Diana Bear
Some articles out there list the prices for these bad boys, but that asking price fluctuates a little too much for us to list them. Not to mention that several factors cause the price to go up or down, such as the edition, condition, what it’s made of, and so forth.
Yes, you read that correctly. Different versions of the same beanie babies were made of different materials. Some were made with PVC while others were made with polyethene. Who would’ve thought the pellets would dictate the price?
- Research Their Worth
Because of all those variables, you’ll need to perform a bit of research. Google the type of beanie babies you have to see what they’re currently going for.
For example, let’s say you have a Patti the Platypus that’s been well-loved (played with), but still has the original tag on it. See how much a similar Patti the Platypus sold for.
This will help you manage your expectations. Some won’t be worth as much as you’d hoped, while others will be a tremendous surprise!
- Know Your Outlets to Sell
So… where should you sell a beanie baby if you have one of the ten above? That depends on a few things.
First, how quickly are you hoping to sell? If the timetable is soon, then you’ll probably want to sell it online. If so, then you could choose to sell the beanie baby on sites like PlushCollector, Craigslist, eBay, Etsy, Pinterest, Facebook Marketplace, and so forth.
Some people have even decided to create their own website for reselling their collection since they have too many to facilitate. What a world we live in!
For those of you that are playing longball to find the best price, you’ll want to expand your horizons a bit by going to tradeshows and events where collectors are present. There are also groups you can join online to get connected.
Here’s the trick: don’t show your hand too early. If you have some time before you wish to sell the beanie babies in your collection, learn more about the group first. See how interested they are in adding some to their collection.
Then, you can expose your beanie baby to them. After all, it isn’t a good idea to go around shouting that you have stuffed animals worth thousands of dollars in your possession.
Be sure to visit this website to learn more about how to make money selling beanie babies and get the most for your precious stuffed toys.
- Take a Business-Minded Approach
We bet you weren’t expecting this to be a tidbit of advice in this article. Remember those people that we mentioned were making a website to sell their beanie babies?
Well, if you have even two or three valuable beanie babies in your possession, it just makes sense to create a site for your collection. That way, you can bring the customers to you, not the other way around.
In the end, this is just like any other sale. The more people you put it in front of, the likelier you are to get a higher price point. You might even start a bidding war between a few fanatics!
- Communicate Often
One thing you’ll find about selling your beanie babies online is that there is a lot of open dialogue that’s required.
It isn’t like the typical sale, where people purchase an item right away. Even if you get interested buyers on your site, they’ll likely have a plethora of questions before they even think about purchasing it. That’s only fair, considering they’re about to drop hundreds (if not thousands) of dollars on it.
For that reason, you should keep yourself open to talking. Keep push notifications on your phone so that you can respond as soon as someone messages you.
Earn Money Fast by Selling Your Beanie Babies
Now that you have seen an in-depth guide on how to earn money fast by selling your beanie babies, be sure to use this information to your advantage.
Start by browsing our website for more articles on selling beanie babies, as well as other topics that you will find helpful.