How to Price a Used Pool Table – A Quick Guide
Pricing a used pool table can be a bit tricky! Our last post, Getting Rid of a Pool Table, left some of you with the question of determining the price.
I heard you. In response, we came up with this quick guide… at least as best as possible without seeing the table.
Following these steps should help you determine a fair and reasonable price when selling your pool table:
Research Comparable Sales:
Check online marketplaces such as Craigslist, eBay, and Facebook Marketplace to see what similar pool tables are selling for.
Look for tables of the same brand, size, condition, and age to get a benchmark.
Consider Brand and Model:
High-end brands like Brunswick or Olhausen tend to retain value better than lesser-known brands. Research the original price of your specific model to provide context for pricing it used.
Assess Condition:
- Slate: Ensure the slate is intact and level.
- Felt: Check for wear, tears, or stains.
- Cushions: Test the bounce of the cushions; worn-out cushions can decrease value.
- Frame: Look for any structural damage or cosmetic issues.
Include Accessories:
Factor in the condition and value of included accessories such as cues, balls, racks, and covers. A well-equipped table can fetch a higher price.
Age and Usage:
Older tables or those with heavy usage may depreciate more. However, vintage tables in good condition can sometimes command a premium.
Local Market Demand:
Prices can vary based on location. In areas where pool tables are in higher demand, you might be able to charge more.
On the other hand, in areas with low demand, you might need to lower the price to attract buyers.
Professional Appraisal:
If you’re unsure about pricing, consider getting a professional appraisal. An expert can give you an accurate estimate based on their knowledge and experience.
Negotiation Room:
Set your initial asking price slightly higher than your lowest acceptable price to leave room for negotiation.
Example Pricing Strategy
- High-End Brand, Excellent Condition: 50-70% of the original price.
- Mid-Range Brand, Good Condition: 40-60% of the original price.
- Low-End Brand or Poor Condition: 20-40% of the original price.
By following these steps, you can determine a fair and competitive price for your used pool table, making it more attractive to potential buyers.
How to Find Your Pool Table Model
- Check the Manufacturer’s Label: Look for a label or plate on the table, typically found on the underside or along the frame. This label usually includes the brand and model number.
- Owner’s Manual: If you still have the owner’s manual, it will list the brand and model. If not, check for any paperwork or purchase receipts that might have this information.
- Visual Features: Note distinctive features of your table, such as the design of the legs, the type of pockets, and any unique carvings or inlays. This can help identify the model if the label is missing.
- Serial Number: Some pool tables have a serial number that can be used to identify the model. This is often located on the underside of the table or near the manufacturer’s label.
How to Research Original Prices
- Manufacturer’s Website: Visit the manufacturer’s website if they are still in business. They often have archives or customer service that can provide information on older models.
- Online Forums and Communities: Pool table forums and online communities such as Billiards Forum or AzBilliards have knowledgeable members who can help identify your table and provide information on original prices.
- Retailer Websites: Some retailers that sell pool tables have sections for used or vintage tables, including pricing information. Sites like PoolDawg, Ozone Billiards, and Billiard Factory may be helpful.
- E-commerce Platforms: Look at listings on e-commerce platforms like eBay for your model or similar ones. Historical sales data can give you an idea of the original price range.
- Specialty Stores: Contact stores that specialize in pool tables and billiards equipment. They often have extensive knowledge of various models and their original prices.
- Product Reviews and Catalogs: Search for old product reviews, catalogs, or brochures online. These can sometimes be found in digital archives or library databases.
Steps to Take:
- Locate the Brand and Model Information: Use labels, manuals, receipts, and visual features to identify your pool table’s brand and model.
- Visit Manufacturer’s Website: Check if they have information on discontinued models.
- Join Online Forums: Post photos and descriptions in billiards forums to seek help from the community.
- Check Retailer and Auction Sites: Look at current and past listings of similar models for price reference.
- Contact Specialty Stores: Reach out to stores specializing in pool tables for their expert opinion.
By following these steps, you can accurately identify your pool table model and gather information about its original price, helping you set a fair and informed price when selling it.