Interesting development


I tend to follow the sales of various LP’s on Ebay. Recently, i have noticed that the price of many of them seems to have skyrocketed! For example, many of the Mobile Fidelity albums have sold for prices that are two-four times more than what they were when new! This is a new development, as only recently, say in the last six months, the same LP’s were selling at or below their original retail price, no more! The recent MFSL reissues of the  Miles Davis LP’s are a good example...some of them sat on the various sites that sold them new for years at the same price, or even slightly below...now we see these very same albums going for up to four times what they originally sold for..
Same goes for several of the Analogue Productions reissues..what’s up??

128x128daveyf

Showing 10 responses by daveyf

@builder3  Uhm, not what a "Seller' will pay, what a "Buyer" will pay. Selling it for less makes perfect sense if that 'less' is going to be more than what it can be sold for after said sale, or in the future! That is if one has to sell. 
@jafant   Maybe. Although does that explain the significant increase in value of the MFSL Milestones LP that I exampled above? Plenty of supply for years...and little demand. Now that it is 'supposedly' out of stock ( and for how long?) the demand sky rockets? Where were all these folks when it was easily and readily available? 
@millercarbon  While your post explains some of the rise in value, it doesn't totally explain the considerable rise in value of the reissues, some of which I mention in my OP. Remember, some of these will be available again ( after repress) at pricing that is at the original retail on some of the usual retailer sites. Is it because folk have to have the album now...and cannot bear to wait for any amount of time?? Or is it something else?
Can anyone explain the sudden and significant increase in the desirability of a record like the MoFi release of Miles Davis Milestones, as an example. This release was available for years with seemingly little absorption, and yet we now see it selling for 3-4 times the original pricing! There are other good examples as well in both the MoFi catalog and AP, and I am not talking about the One Step releases, etc.
@millercarbon sorry, but I don’t think your reasoning explains the sudden rise in value of the particular albums that I mentioned in my prior post. 
Ok, so the fact that the title is no longer available, or is temporarily unavailable, guarantees it will now sell for multiples of the original price. This does not really make total sense to me, as the Miles Davis Milestones MFSL reissue was available for years..and clearly was not a big seller at its original price! So, now that it is apparently discontinued, it suddenly gains tremendously in desirability! Not for me it does not...LOL.
@chrisoshea I think you probably hit the nail on the head when you stated what you did about 28 year old newbies. That would certainly explain why so many of these titles are selling for multiples of what they were just a few months back...or even are still on other platforms that the more experienced would be aware of!
 @asvjerry  Not relevant to used, or resale, LP's, which is what we are talking about here.
I’m not really a fan of ’better records’. I have a number of his ’recommendations’ and they are nothing special. Most of the better D to D LP’s or the likes of Opus 3, smoke them. Problem is, and this is just IMHO, the guy really isn’t listening through that revealing a system, so how can he make a great recommendation?

BTW, I’m not questioning how LP’s can be priced to the ether, but i am questioning why some of the more recent MFSL’s and AP’s, that sat on the shelf for years, now are.