Any ideas on how I can profit from current magazines that I have bought and read?
I don't know about selling them unless you take them to a consignment shop or go to ebay. However, I might make the suggestion that if you don't sell them that you take them to nursing homes or hospital waiting rooms. There seems to be a great need at those type of places.
I have had some luck selling home and garden magazines at garage sales. Usually can get 50 cents for them. Well under what I pay for them but Magazines don't have much resell value. Some magazines you can hardly give away at a garage sale.
I recently read that if you make out the long form when preparing your yearly income tax forms that you can take a deduction of 50 cents per magazine if you donate it to a charity such as SALVATION ARMY, GOODWILL, ETC. Just make sure that you fill out a receipt that they will sign & return to you for your records.
If you aren't interested in receiving monetary value but would care to enlighten someones' day, consider donating the magazines to nursing homes. When I used to visit my mom there the magazines where so outdated (like 3 to 4 years old). Now I keep a box near my back door & when I finish reading a magazine I deposit it in the box & the next time I visit mom the box goes with me to the nursing home. Consider it as it gives you a good feeling to bring richness to others.
two words: E BAY !!! I myself have bought retired editions of different magazines from e-bay. Probably better to sell in lots, so you don't lose money on listing and final value fees. Good Luck!
MS Parker wrote asking for tips on profiting from magazines on 14th April.
My tip is that in my town (Townsville in QLD, Australia) we have a number of options: The first one is the local newspaper who have a Monday special where you can place an items for sale up to $50 asking price for free. The second option is a similar local newsletter where it's free to put in ads, and the asking price is unlimited. The third option is the same as the local newsletter, but on a state level. I've had bundles of magazines for sale, and have done very well by them.
we get them here sometimes at garage sales in packs of 6/$1 or 5c ea.
There's hardly ever anything much good in waiting rooms @ dr or dentist office -- vets homes or hospitals too can use them to idle away some time !
I think it depends on what type of magazine and who's on the cover. If they have a hot celebrity on the cover, consider keeping the magazine in mint condition and selling it on ebay. I once bought a Vanity Fair magazine with Angelina Jolie on the cover for $4.49, read it and decided it was much too beautiful to just to toss out. I sold it on Ebay for $5. Remember that lots of people collect celebrity memorabilia like myself and I'd gladly pay a few dollars for a mint condition magazine with my favorite celebrities on the cover such as Brad Pitt or Kurt Cobain. Amazon.com also lets you post certain issue magazines for sale such as Glamour magazine as a single issue.
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