When it comes to buying and selling golf clubs, the amount of money you can get for them depends on their condition and usability. If you're looking for clubs to use for a casual game with friends and family, you don't need to spend a lot of money on clubs that will just sit there. There are several reputable dealers who specialize in used golf clubs, such as Callaway Preowned and Global Golf. Most listings will include detailed photographs of the clubs so you can assess their condition, and members can ask the seller questions publicly or by private message.
Clubs owned by champions, presidents, and celebrities can fetch high prices based solely on their past and famous owners. But while it can be argued that improvements between individual generations of clubs are incremental, omitting some will definitely make a difference. Clubs from before the turn of the 20th century can be worth quite a bit, presuming they were created by a prominent club manufacturer and are in good condition. Buying used golf clubs is a great way to save money, and there's a certain thrill to be had when you find a bargain.
To ensure that you're getting what you pay for, it's best to stick to trusted dealers and check the clubs yourself or have them checked before purchase. That way, you'll know that the clubs have been inspected and you can return them if you're not completely satisfied.