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12-19-2021 10:21 AM
I’ve been cleaning out my closet and have lots of purses I no longer want. They are mostly Brahmin, Brighton, Frye and Coach. Is it better to take them to a consignment shop or just donate them and take it off my taxes. I don’t want to sell on EBay. To much hassle and just don’t want to be bothered.
12-19-2021 10:23 AM
i would donate them to a women's shelter...
12-19-2021 10:25 AM
There's also Poshmark and Mercari. Mercari will authenticate the purses for a small fee. If you don't want to bother with the internet selling at all, I would take them to a consignment shop. Read the fine print. I remember a court case where the shop owns the items after so long if they don't sell. I would never agree to that. Best wishes.
12-19-2021 10:44 AM - edited 12-19-2021 10:48 AM
I take them to a consignment shop or sell them, and take the tax-free money.
12-19-2021 10:53 AM - edited 12-19-2021 10:54 AM
My experience is donate them for the Tax deduction option if you have enough deductions for it to be woth itemizing as consignment stores extract the bigger portion of the sale leaving you with a miniscule amt. or if it is not sold they make you come and retrieive the items or charge you a fee.
12-19-2021 11:01 AM
Personally, I think you'd do better consigning them to a reputable shop. A percentage of what you paid is better than nothing. The tax deduction is likely to be negligible, but if you have a cause about which you feel strongly, for me it's animal charities, then donate them to an appropriate organization's thrift shop.
12-19-2021 11:16 AM
If it was me, I would either gift them to someone who would appreciate them or donate them. I personally don't have the energy to re-sell.
12-19-2021 11:19 AM
I took about 25 Dooney & Bourke bags to a supposedly upscale consignment shop and they wanted to give me $300 for all 25 of them together!
These bags were like new, some were new bags with tags, receipts from purchase, authentications and the registration cards to register them with Dooney for warranty.
Now, most of these were their higher end bags (a lot of Florentine, etc.) from when I worked in the Corporate world.
I laughed, as I started packing them back into the plastic storage container I brought them there in.
I'll never try consignment shops again, as some others I tried also wanted you to practically give them away.
I decided to share them for free with friends/family who wanted them and they appreciated them.
I'm not into the haggling, etc, to sell them online. Some I also donated to my animal rescue group for their annual auction to raise money for the rescue group and animals.
Next August, I'll donate more for the rescue!
12-19-2021 11:28 AM
Exactly! I'm a D&B fan and the re-sell value is terrible, even if they look brand-new & unused! I gave one of mine to a co-workers teenage daughter & the excitement on her face was PRICELESS! It felt good to know I could make her day! That was worth more than any re-sell money!
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