So you’ve got a plan for a retirement that likely includes a 401(k), IRA, pension, and/or other long-term savings and investments. But are you actually doing everything you can to make sure your golden years are funded as much as possible? Not everyone is going to be an upper-class retiree with a high net worth, but many people are nevertheless sitting on a treasure trove of items that no longer get used but are worth a not-insignificant amount of money. If you’re hoping to add some extra cash to your retirement funds, it’s time to take a closer look at some not-so-obvious items that could be worth quite a lot: toys. Toys, hobbies, and collectibles are big on eBay, especially if they’re vintage. For example, retired LEGO sets have been shown to sell for over $100 each on the platform, while older Barbies and accessories can sell for $500 or more when listed in a lot. Matchbox cars are also valuable, with large sets often selling for over $1,000.
It’s wise to still hang on to a few toys if you have grandchildren who will visit, of course. But assuming your own kids have left the nest and no longer have any interest in them, selling off old children’s toys can be a worthwhile frugal hack to help you declutter while padding your wallet. To get the most money for them though, you’ll have to evaluate each toy carefully, do some market research beforehand, and set expectations realistically.
Read more: 11 Warning Signs You’re Not Financially Ready To Retire
How to sell old toys for the most value
A box of old toys that could be worth a lot if sold. – Yuliia Yuliia/Shutterstock
Toys vary tremendously in value, dependent on condition, rarity, and demand. As hard as it can be, it’s important to set sentimental value aside. Start by sorting through all the toys you’re hoping to get rid of and taking notes on their condition and manufacturing year (if known). Next, look not just at listed prices for comparable items online, but what recently sold items actually went for. For example, Beanie Babies are often listed on eBay for hundreds or thousands of dollars, but only a truly rare Beanie Baby will net a number like $12,000. If you look at recently sold ones, many sell for under $5. By setting your own prices realistically, your items are more likely to actually sell. Besides, selling a lot of items for lower prices can quickly add up to a nice chunk of change.
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Your selling options aren’t just limited to eBay either. Comic book stores routinely buy old comic books, action figures, and related items, for example. Each store tends to have its own rules though, so you’ll want to call or review the selling standards online first instead of showing up on premise hoping to sell. You can also try Facebook Marketplace or local buy-sell groups. And don’t feel limited to just areas with children — a 2023 One Poll survey (via My JournalCourier) found that 40% of adults buy toys they never had as children. The point? Nostalgia pays, and your toy clean-out can be another person’s lucky find.
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