page_title: Used good
hierarchical_section_title: Used good
caption_attribution_description: Yard Sale Northern California May 2005. This image is in the public domain.
context_page_description: A secondhand or used good is a piece of personal property that is being purchased by or otherwise transferred to a second or later end user. A used good can also simply mean it is no longer in the same condition as it was when transferred to the current owner. When the term used means that an item has expended its purpose, it is typically called garbage, instead.
  Used goods may be transferred informally between friends and family for free as hand-me-downs. They may be sold for a fraction of their original price at garage sales, in bazaar-style fundraisers, in privately owned consignment shops, or through online auctions. Some things are typically sold in specialized shops, such as a car dealership that specializes in the sale of used vehicles or a used bookstore that sells used books. In other cases, such as a charity shop, a wide variety of used goods might be handled by the same establishment. High-value used luxury goods, such as antique furniture, jewelry, watches, and artwork, might be sold through a generic auction house such as Sotheby's, more specialized niches like Bob's Watches or privately owned auction marketplaces such as WatchPayer.com.
context_section_description: A secondhand or used good is a piece of personal property that is being purchased by or otherwise transferred to a second or later end user. A used good can also simply mean it is no longer in the same condition as it was when transferred to the current owner. When the term used means that an item has expended its purpose (such as a used diaper), it is typically called garbage, instead.
  Used goods may be transferred informally between friends and family for free as hand-me-downs.  They may be sold for a fraction of their original price at garage sales, in bazaar-style fundraisers, in privately owned consignment shops, or through online auctions. Some things are typically sold in specialized shops, such as a car dealership that specializes in the sale of used vehicles or a used bookstore that sells used books.  In other cases, such as a charity shop, a wide variety of used goods might be handled by the same establishment.  High-value used luxury goods, such as antique furniture, jewelry, watches, and artwork, might be sold through a generic auction house such as Sotheby's, more specialized niches like Bob's Watches or privately owned auction marketplaces such as WatchPayer.com.
  Governments require some used goods to be sold through regulated markets, as in the case of items which have safety and legal issues, such as used firearms or cars.  For these items, government licensing bodies require certification and registration of the sale, to prevent the sale of stolen, unregistered, or unsafe goods. For some high-value used goods, such as cars and motorcycles, governments regulate sales of used goods to ensure that the government gets its sales tax revenue from the sale.
caption: A yard sale is a common place to find cheap used goods.
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