Traditional wooden nutcrackers painted in the colors of specific college basketball teams range in price from $25 to $65 for a new one as of 2015. The used nutcrackers may sell for about $15.
The NCAA has given licenses to some collectible manufacturers, such as Forever Collectibles and The Memory Company, to sell team products, including nutcrackers. The value of a particular nutcracker will depend on its condition and the team.
The sale price for gently used nutcrackers is much lower compared to the purchase price for a new one. Those interested in collecting a line of these may consider used ones as a way of keeping costs down.