
A couple of months ago, I decided to start clearing out all my old DVDs. I’ve never had much of a collection, but I never watched these anymore. I wasn’t looking to absolutely maximize my price, I knew these weren’t the hottest titles anymore and was looking for the most convenient option. I found the website SecondSpin.com and used them. Here’s my experience:
Day 0 – Checking Prices
I typed in the UPC numbers from the back of the DVDs, and they told me their offer upfront with no commitment. I didn’t waste much time comparing prices across the web, but overall I did get more than if I sold for the lowest price as an individual seller at Amazon.com (and definitely more than what they were offering directly for gift cards). I agreed to sell back 9 DVDs for a total price of $23 plus their shipping credit. If you sell back 5 items or more, they reimburse you for the cost of USPS Media Mail postage.
Day 1 – DVDs Shipped out
I packed and shipped the DVDs via Media Mail out at the Post Office to their address in Itasca, IL. I was reimbursed for $3.16 in postage (up to 3 pounds), but actually had to pay $3.55 (up to 4 pounds). Perhaps I packed it too well.
Day 28 – Shipment Finally Received
I knew Media Mail could be slow. But nearly a month later, I receive an e-mail from SecondSpin that they have not received my DVDs yet, and that my price quote is about to expire. However, they agree to extend the quote for another 2 weeks as a courtesy. I get a little worried that they are lost in the mail, and I didn’t buy any tracking since the value was so low.
Later that very same day, I receive another e-mail that they have indeed received my shipment successfully. 2 of 9 items were rejected for being “severely scratched”, but that only reduced my payout by $1.40. (More on this below.)
Day 29 – Payment Received
You can elect to receive payment by check, PayPal, or store credit. I chose PayPal, and received my payment electronically without problem. I’m relatively happy, and figured that my rejected DVDs were just going to be trashed.
Day 60 – Rejects Come Home Again
I was surprised to find a package from SecondSpin.com in the mailbox. They had sent back the two rejected DVDs, postmarked at about Day 45. The postage they paid for USPS Media Mail: $2.38. If they had simply bought the DVDs at the price I already agreed to (even to junk them later), it would have cost them only $1.40. It actually cost them 98 cents more to reject my DVDs and send them back. I guess they want to make a point that you shouldn’t send them scratched DVDs?
I checked the DVDs, and there were slight visible scratches but nothing that would affect playback, nor what I would call “severe”. If you use Netflix, you know what I mean. However, I respect their decision not to resell them. I’ll just throw them on next year’s garage sale pile.
Overall, I was satisfied with the process. It took a month, but Media Mail is slow and I wasn’t in a rush.
OptionsXpress.com (OX) is a online brokerage site that specialized in options and futures trading, but has since expanded their offering to be one-stop-shop – offering stocks, bonds, brokered CDs, and mutual funds. Like some of you, I signed up a while back when they were offering a fat bonus (very limited-time offer). Since I have an account, here’s a user’s review of the broker.

OptionsXpress has a current promotion offering new customers a $100 bonus if they open an account with at least $500 and make 3 trades with a year.

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