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Why Most Pawn Shops Do Not Buy Used CDs, Cassette Tapes & Vinyl Records

Why Most Pawn Shops Do Not Buy Used CDs, Cassette Tapes & Vinyl Records

Used CDs, cassette tapes, and vinyl records are typically not bought or sold at most pawn shops. Some rare and collectors items can be valuable.

Last updated December 1, 2022

Vinyl records on a wall with camera angle rotates by 90 degrees

Source: Pexels / Robin McPherson

Many people have amassed large collections of CDs, cassette tapes, and vinyl records. Often people believe that their music collections are valuable and can be sold to pawn shops. Contrary to this belief, most pawn shops do not buy used CDs, cassette tapes, or vinyl records. There are exceptions in some instances - pawn shops may buy valuable music items.

The main reason why most pawn shops do not buy used music is that used music often has a low resale value of $2 to $10. Pawn shops have limited floor space to sell goods, and they want to focus on selling high-value goods that can generate a profit. Used CDs, cassette tapes, and vinyl records are often cheap and have lower overall profit margins. You can read more about how pawn shops work.

Why Some Used Music Can Be Valuable

Some used CDs, cassette tapes, and vinyl records can be valuable and sold to pawn shops. Pawn shops are interested in buying rare and collectible music. The valuation of rare and collectible music can range greatly. You can our tool to find pawn shops that carry antiques and collectibles. Contact the pawn shop ahead of time to discuss your item before bringing it into the store. Examples can include:

  • Music signed by famous artists
  • Limited edition / out-of-print music
  • Gold-plated records
  • Music awards
  • Rare and hard-to-find music
Eagels Hotel California signed gold-plated record
Eagles Hotel California gold-plated record
Source: touchofmodern.com

Places Where You Can Sell Used CDs, Cassette Tapes & Vinyl Records

There are many places where you can sell your used music. Below is a short list of online marketplaces and other venues where you can sell used music.

  • eBay
  • Discogs
  • Amazon
  • MusicStack
  • Craigslist
  • Half.com
  • GEMM
  • CDandLP
  • Vinyl Me, Please
  • SecondSpin

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