How to Buy and Sell Collectible Coffee Mugs on eBay
If you are looking for a product that is easy to find, inexpensive to buy, and potentially very profitable, you might want to consider selling used mugs.
On average, they sell for less than $20 including shipping, and considering the cost of a is usually under $1, there is the potential to make considerable profit. Some can even sell for hundreds of dollars and suddenly the investment of the fifty cents or a dollar becomes well worth the risk. Once you learn a bit about buying and selling mugs, the return on your investment will grow.
Pros and Cons
Everybody needs one
They are breakable and require protective packaging when it comes to shipping
People love them and continue to use them even when they are broken
Many are not particularly valuable
They are easy to find, commonly turning up in thrift stores, consignment shops, or at garage sales
Shipping can be expensive depending on where you are located
Used mugs are affordable, with most priced at under $1 and collectible mugs priced at $3 dollars or less
There are many people selling them online
They are easy to store
It is easy to determine whether a mug is in good or bad condition
Buying Collectible Mugs to Sell
Like anything, there are some mugs that are more valuable than others. Learning which ones to pick up and which ones to leave behind is a process that will take time to master. If you aren't buying a mug online, check the condition by searching for chips, cracks, scratches and stains. Generally, you want them to be in nearly perfect condition. If buying online, try to look for these discrepancies in the images provided. Here is a simple list of types to look out for as you get started.
Which should you buy?
- Vintage Pyrex, Fire King and Anchor-Hocking.
- Vintage restaurant.
- Starbucks. (Some are extremely valuable, but many are not. I pick up every Starbucks mug that I see and sell the less valuable ones as sets.)
- Ones depicting famous places, people, TV shows or movies.
- Disney. (Particularly vintage or extremely high quality. Disney sells a lot of items at retail price when they are first released so I often find this category to be harder to sell in. Shop carefully and be picky.)
- Fine china manufacturers like Lenox, Villeroy & Boch, Portmeirion, Tiffany, Wedgwood, Adams and Royal Albert.
- Vintage Taylor and Ng.
- The FTD mug known as the Big Hug Mug. (It appeared in an interrogation scene on HBO's television series True Detectives. Since then, it has become highly sought after.)
Selling Collectible Mugs
A helpful approach to pricing is to do an eBay search of listings with the highest prices listed first. Scanning a few of the top listings will give you an idea of important keywords to use in your listing title and will allow you to determine what you might expect to get.
The price is ultimately your choice, but having an idea of what they usually sell for will help you price it reasonably while still making a profit.
I recently sold this jadeite mug. It might have generated more excitement if I had listed it at a lower price. Since I am aware that I do not often have a lot of success in the auction format, I started it at a price which I knew would cover my shipping costs and allow me to make a profit. I still managed to draw a couple of bidders.
I priced it at $39.96 and the final sale price was $45, which I was happy with. My costs for selling (including purchase, shipping, eBay and PayPal fees) left me with a profit of $27.29, which is not bad considering my initial investment of one dollar.
Packaging for Shipping
My shipping method is fairly straightforward and I have yet to deliver a broken cup.
- Use bubble wrap with large bubbles.
- Wrap the mug twice using a wide, 12-inch strip of bubble wrap with the bubbles facing in.
- Secure the ends of the wrap with packing tape. (Scotch tape will not hold.)
- Place the wrapped mug in a box, leaving some wiggle room and making sure it's not too tight. (Fill any extra space with filler, such as more bubble wrap or newspaper.)
- Situate the handle in the corner of the box and cushion it. This is the most vulnerable piece.
- It is critical that no part of the mug touch the box. Make sure it is well padded before shipping.
I have often thought that purchasing the perfect sized box would be ideal, but that would add at least a dollar to the already expensive Canadian shipping cost. So, at least for now, I recycle boxes that I collect from various sources, such as the grocery store.
This YouTube video by user pomeroysporch outlines the best way to package a mug, which you should employ for those extremely valuable mugs. I particularly like the addition of the cardboard to protect the handle.
Have you ever sold a coffee mug?
© 2011 Treasures By Brenda