Everyone likes to get a good bargain. Knowing how to gauge what an item is actually worth will let you have that feeling more often. There are several things that influence the value of an item. Condition, Collectiblity, Scarcity and Book Values are the largest factors. We will cover these one at a time in the paragraphs below.
Most people use books to determine the starting price of an item.
For us Looney Tunes collectors most of the time this isn't an option though. The best way to start is to look at similar items and get a rough estimate of where to start. Then use the information below to adjust that to where you feel comfortable. An items condition can vary greatly. For most collectors anything below Near Mint is unacceptable.