record show experiences


I went go a record show yesterday.  Lot of junk.  Took a couple of records to trade or get cash for them.  They together were worth at least 150.00.   Guy offered me 20.  They are mint.  He even said he would put one of them in his private collection.  Lol.  There was a lot of junk.  Frustrating.  Are their any good record shows in the northeast USA?  Is it this way at all record shows?
tzh21y

Showing 4 responses by minkwelder

I am a record vendor, and I will agree that there is a wide range in the quality of records at the shows. I see no problem with that as long as they're priced according to their condition. Not everyone wants or needs a pristine Near Mint copy.

On the other hand, there are those unique, rare items that command a higher price, which brings me to your complaint that you couldn't sell your records for their true value. I shouldn't need to tell you that a dealer can't pay you book price for your records.

What source did you use in determining that your records are worth over $150? You say they are Mint, but that is not a realistic grade for any record that has been opened or played. Even sealed records usually have some cover flaws if they have any age on them. A Mint record is VERY rare.

The Goldmine pricing guides are considered the standard, and the price is based on a condition of Near Mint. This would be a record that looks as if it was just opened. Very Good + is the next step down. This is a record that looks Near Mint except for a few minor flaws; maybe some very light scuffing or a very light scratch that does not affect play. These are generally considered to be worth half the Near Mint value. Prices for lesser records take a nose-dive from there.

The other thing to consider are the different versions of a record. You may have a record that looks just like the one that the book says is worth $100, but is really only worth $10. The price guides can't cover all the many variables. It gets really crazy when you try to price Beatles records. There are over 400 different versions of Sgt. Peppers alone! A website called Discogs is a good source of info on the different versions of a record with ballpark pricing.

I make sure the stuff I take to the shows is at least Very Good. Most of my records are pretty mainstream stuff, and the vast majority of them are priced at $3 or $4. 
Paraneer:
There is a 4th type. These are the guys who are looking for records to listen to, but aren't too particular about what condition that Pantera record is in. They suck my fitty-cent bin dry!

Czarivey:
At my last show in Cleveland, there was a guy making the rounds looking for Enoch Light and His Orchestra! Uhhhhhhh.....yeah.......right over here with my Ferrante & Teicher! Another guy wanted Al Martino. Funny thing is, I had a couple at the house. Haven't a clue where they came from!
czarivey,
Why didn't I think of that? I have a little stack of MOFI's and other gems that I've been wanting to take to the shows.

That would also help with another issue that crops up every once in awhile, and that's theft. There are just too many opportunities for that sort of thing. Naturally, the high-priced stuff is what they want to grab.
TZ:
Like any business, the vendors at the record shows concentrate on the stuff that sells the most. Rock, blues  and pop are the mainstays, along with a little jazz.

As for the audiophile stuff, Whart has a point about vendors preferring internet sales. I do bring some of the more esoteric stuff to the sales at times, but my heart is weak, and it nearly stops when I see the way people manhandle them.