Pocket Change Episode 46: Pick or Pass #5

Welcome back to Pocket Change! In our latest episode, we bring you the thrilling fifth installment of our popular segment, "Pick or Pass." Your hosts Jefferson and Joel are at it again, diving deep into the world of reselling to help you determine whether to pick up certain items or pass them by. Here's a summary of our discussions, filled with valuable insights for all your eager resellers out there.

Joel's First Pick: The Z-Wave Dimmer Switch

Joel kicked things off with an item he's had around for a while—a three-way Z-Wave dimmer switch. He originally bought it for a home remodel but ended up not using it due to incompatibility with his current system. After a bit of research on eBay, Joel discovered that while some similar items are listed, his specific model isn't as common.

Joel's Analysis:

Listed: 5

-Sold: 2

Sell-Through Rate: 40%

Price Range: $28-$35

Despite not being able to make a significant profit, Joel concluded that he could at least get his money back. Given these metrics, he decided to "pick" rather than "pass." Jefferson agreed with this assessment due to the item's decent sell-through rate.

Jefferson's First Pick: Novelty Radios

Next up, Jefferson showcased some whimsical novelty radios he had found, including a PC-shaped radio and a jukebox radio. These items turned out to be excellent picks.

PC-Shaped Radio:

Listed: 7

Sold: 9

Sell-Through Rate: 128%

Price Range: $12-$20

Jukebox Radio:

Listed: 3

Sold: 7

Sell-Through Rate: 233%

Price: Approx. $23

Both items demonstrated fantastic sell-through rates and significant profit margins, earning them unanimous "pick" ratings from our hosts.

Joel’s Second Pick: Vintage Bibles

Joel then brought up an intriguing reselling category—vintage Bibles. Specifically, he highlighted an old Bible from his wife’s family as an example, though it wasn't for sale. Vintage Bibles, especially those predating 1970, have a steady market.

Joel's Research:

Listed: 17,000 (for "vintage Bibles")

Sold: 5,500

Sell-Through Rate:32%

Price Range: $30-$100+

Joel pointed out that vintage Bibles, often found at thrift stores or yard sales for a couple of bucks, could sell for around $30-$50, sometimes even more. This insight makes vintage Bibles a dependable "pick."

Jefferson’s Second Pick: Trump Memorabilia

Lastly, Jefferson tackled the ever-controversial Trump memorabilia. Political items can be highly lucrative in the reselling world, and Trump items seem to have a robust market.

Overall Trump Memorabilia:

Listed: 244,000

Sold: 67,000

Sell-Through Rate: 27%

Trump Hats:

Listed: 14,000

Sold: 4,600

Sell-Through Rate: 32%

Price Range: $5-$20 (up to $14,000 for signed items)

Jefferson shared his own experience, having picked up a Trump hat for a mere quarter and estimating its resale value at $14.95. Both hosts agreed that Trump memorabilia falls solidly into the "pick" category, much more so than Biden memorabilia, which had a lower sell-through rate and commanded less interest.

Conclusion

In this episode, every item turned out to be a solid "pick," offering resellers great opportunities to make a profit. From electronics to vintage books and political memorabilia, the reselling market is brimming with potential. Whether you're new to reselling or a seasoned pro, Pocket Change is here to help you navigate these choppy waters.

Thank you for joining us in this episode. Stay tuned for more valuable insights and tips in our next segment of Pick or Pass. Until then, happy reselling!

Jefferson’s Stuff:

https://linktr.ee/cjbenzfinds

Joel’s Store:

https://www.ebay.com/str/frugaldealz