questionswhat is the best way for me to sell my collection…

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Craigslist never worked for me to sell CD, DVDs or BRs. I actually gave up trying because I couldn't let them go for the pennies most places offer.

Where are you and how much are you trying to get?

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@nmchapma: I'm in San Diego. I'm looking for max profit, and don't mind putting in some time.

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How are you storing them? Might be nice to have as a backup. Smallest but least protected would be to throw the discs themselves on CD-R spindles.

We only have around 300 CD's at home. We keep the discs in two thick, well-made CD binders with the front artwork. Takes almost no space in the closet. We save the back covers as well - they're all in a single shoebox size plastic tote. All the actual plastic jewel cases are in the trash.

Why get rid of them? You can't get much for them.

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Not trying to judge but you may need to keep them if you extracted the music to make MP3 files. That is your only proof that you have a license to that music. Get rid of the CD's and poof, no proof and you could find yourself in violation of some sort of copyright law. IANAL

I'm in the same boat. I have hundreds of old CD's. I threw away the cases and just kept the CD itself. About 200 of them fit in a plastic container about the size of a shoe box. So 600 should fit in about 3 of them.

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@cengland0: He said he was deleting the mp3s after selling the disc.

If you shop from Amazon a lot, try this: http://www.amazon.com/Music-Trade-In/b?&node=4650230011
Put a few in a see what they're worth. You'll be paid in the form of a Amazon gift card or account credit.
I did this with some DVDs because it was the easiest way to bulk sell them. (amazon pays for the shipping) Just be prepared for low offers, but that many CDs will add up.

Edit: Actually, it seems far fewer CDs are available for trade-in than DVDs... So that may not work for you.

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@bsmith1: No - he said to "presume" that. He made it clear that he has backups on his computer and Google Cloud and that really wouldn't need to be stated otherwise.

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@omnichad: You callin' him a liar?! :) Even if he wasn't going to delete them, it sounds like he's aware of the implications, so there is no need to discuss it here.

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Don't mean to sound like a negative jerk, but with CDs.... I don't think there's a maximum profit to be made. I'd just take them to your local music store, haggle with them to get the most you can, then move on. Consider the time and effort saved when weighing out the final money made.

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I am kind of in the same boat with a box of old Magic cards. I have a few that are theoretically worth a good amount of money, but finding a place to sell them is enough trouble, and then I'd have to deal with the ratings system and if I sell them online scanning them and uploading a a description. Just seems like it's more trouble than its worth Magic cards are like comics and other niche collectibles, they are currency in a kingdom which a few visit and fewer reside, and there's no exchange rate for the rest of the world. You need the local currency to enjoy your visit to that kingdom, but when you are ready to return home there's no practical way to convert it back to mainstream currency.

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@firebirdude: I appreciate your input, and that of the others here as well. I looked at some of the online options, even input my first ~50 discs (ac/dc thru beatles) at abundatrade, and their offers were very low. The owner of the second local store I called, 3 miles from my home, did express interest. When I told him abundatrade had offered .25 for beatles' rubber soul, he said he'd pay at least $2 cash or a little more in trade. We talked a bit about what was in my collection (queen still has great value), and he encouraged me to bring it all in tomorrow. I've just finished boxing it all up, and I'll post the results tomorrow.

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@cengland0: Can you cite any case, civil or criminal, wherein someone was charged for doing what you seem to possibly be suggesting I might be thinking about potentially considering in the distant future?

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I should also thank lparsons42 for his previous question about this topic, which garnered many good suggestions. I tried searching for such a question before I posted mine today, and got no results, but I'll understand if my question gets pulled.

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Murfie.com. They send u a box with prepaid shipping label. U send them all your CDs. They scan them and create an inventory list. You decide how much to sell them for. Buyers can download mp3s immediately.

Extremely convenient, but in my experience your inventory might not move that fast.

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The used CD market has absolutely plummeted in the past few years, for a whole bunch of reasons but the main one being that with everyone having a smartphone that's at least a pretty good MP3 player, there's just nolt much market for them outside of serious collectors--and the music industry has been pretty good about churning out reissues and box sets to keep that market occupied.

A lot of discs that would have solidly sold online for, say $4-5 in 2010 are now essentially worthless. To cite a specific example, take Dark Side of the Moon. A few years ago in decent condition you could get $5 for it, but it was re-released as a remaster in 2011, so now the common CD version has several copies used on Amazon for a penny. Yeah, ONE cent.

The Beatles are sort of a special case because there are hardcore collectors who want not only every song but every version of every release, so your $2 quote for those is probably reasonable since there are the new remastered digipaks out.

[cont.]

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[cont.]

And there will always be genuine collector's items out there. But if you're like most people, your CD collection probably doesn't include Tori Amos' "Y Kant Tori Read" or Rowlf the Muppet dog's "Ol' Brown Ears Is Back". For just normal CDs that aren't rare or special, even a dollar each is probably unlikely. A 650-CD collection sold all at once will probably bring in about 50 cents per disc on average.

And even that assumes most of them are in like-new great condition. Since most CDs aren't worth the effort to polish or resurface anymore, scratched CDs or CDs with damaged or missing inserts are literally worthless.

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@mtw1057: try searching on "RIAA lawsuits" for some info. They've gone after a bunch of folks for illegal downloads most folks seem to settle for about $3,000 rather than try to fight it in court. If you haven't done any illegal music downloads, it seems totally unlikely that anyone would know you from my sister's dog. They have to be able to show records that your IP has done at least one download.

If it were me, and I knew I didn't have any IP info out there indicating I'd pirated music, I wouldn't worry about it. IANAL, either, but I'm fairly risk-averse and still wouldn't sweat this one.

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Another option may be to donate the CDs to a library, school, community center, etc. and report the value of the CDs as a tax write-off.
As far as determining the market value of the CDs and other tax implications - please talk to your tax adviser.

DISCLAIMER: Nothing in this post should be construed as tax advise or anything loosely related to the real world. All characters appearing in this post are fictitious. Any resemblance to real persons, living or dead, is purely coincidental. Batteries not included. Some assembly required.

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I would save them as insurance. You do not know what draconian 1984 laws the future has in store for us. At our current rate some day you may need to put the original disk in the drive to play your mp3. <-Sarcasm.

But seriously. I would save them as insurance, you never know what may change with RIAA.
Also
What if your IP address gets spoofed or A kid downloads a song on your network. and they find you and check all your music with no proof of ownership.
What if you stop using your PC for years, and your gmail account is stolen, you go back to your PC and it does not turn on.

What if you want to rip them as OGG in the future. Storage will be cheaper. 

You will not get much for the disks. I tried selling 200+ disks at a garage sale. I sold 2 and for $2, not the $5 I was asking.

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Virtually every RIAA lawsuit for sharing mp3 files has targeted a person who UPLOADED music, not downloaders. They have targeted the people who make their collection available to others. As long as you are not sharing your mp3 collection online, you're fine.

More directly on the main topic - I tend to agree with most of the comments here, CDs are virtually worthless and there isn't a great way to get much value out of them anymore.

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@djp519: I wouldn't really put anything past the RIAA. In the past they've sued dead people and even a family without a computer. The only way to be safe from RIAA lawsuits is to not live in the US or to be a fictional character, and I'm not totally sure of the first. Even death and not being online doesn't help.

And no, I'm not joking:
http://arstechnica.com/uncategorized/2006/04/6662-2/

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I took all 650 discs into Off The Record here in San Diego, and they bought 260 of them for $300. I watched for 2 hours as the two workers took handfuls of my cds and walked the store to see what their inventory was for such titles. About midway thru I began helping by pointing out artists/titles I had brought in that they were already flush with - so when they offred $286, and I said come on I was so helpful make it $300... they did. So it really does pay to be nice. Or maybe I'm just bad at haggling...

They also explained that what they didn't buy still held some value - many titles they refused only because they already had a copy or two. I'll try another local store on Monday and see what they'll hopefully want. I think with a little more legwork I can get rid of the entire collection and average ~$1 per disc, which is more than double what seemed possible selling them via the internet.

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@mtw1057: Congratulations on your perseverance and the payoff! And thank you for posting the results -- I'm probably not alone in wondering how some of the situations talked about here actually turn out.

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It's old, but it seems relevant:

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@davidwg98: I use Murfie as well...it's slow but steady. Best part is any liability is on them...