Music Magpie: new quick way to sell unwanted CDs

On their site, it says:


When will I get my money?
- We shall dispatch payment within 3 days of delivery of the CDs to musicmagpie, by cheque. Please bear in mind that we use a FREEPOST service which is not a priority service, and can take between 5 – 10 working days to be delivered to us.

some very poor sums of money offered.

and look at the mark up they sell them on for.

does that not suggest there is a market willing to pay a lot more for them?

i personally could never sell my cd collection. i have all my CD's saved to a hard drive in FLAC lossless format, also have these backed up on DVDs but you never know when you may need the originals again!

Update from my previous post, All the CDs i sent are now showing as accepted on site; so looking promising.

I think the prices they offer are fair, ok very low.... BUT wouldnt get a lot more at a carboot (when eventualy sell) if put on ebay have all the fees to deal with, if do nothing they will continue to take space up doing nothing gathering dust. Game i bought was probabley somebody elses clutter gathering dust, and lad had loads a fun from it already ( any alleged dust was removed before we recieved it! )

It doesn't want any of mine or can't find them - they're all artists everyone would have heard of but obviously no-one wants!

I saw this tip in the weekly email and as I'm currently selling my entire CD collection via Amazon I thought I'd check it out. This was mainly to see if I could get any money for the more common CDs I have left that have low second hand prices, but also to compare prices of the ones I've already sold.

Well, I think Amazon was the right decision for me. Out of a quick sample of 15 or so discs, Music Magpie would only offer to buy one, offering £3.

For me, Amazon has proved to be a real winner. Last Sunday I went through my entire collection of 200 CDs and listed about 130 of them where the used value was at least £1. The process was simple: use this screen to search, check the barcodes match, type in the condition and then pick your price. Each time I undercut the cheapest used price by 5-10p. It took about 2 hours to process my whole collection. Within hours I'd already sold about a dozen, and 10 days later I've now sold 80.

After fees and postage costs I calculate that I've made about £140 in total - which works out on average at about £2 per CD. Certainly a little bit more effort that Music Magpie, but definitely less than eBay and worth it if your collection is large.