The price of used LP's.


Am I just lucky in living in an area with a lot of little record shops, where I regularly find LP’s from the 1950’s, 60’s, 70’s, and 80’s in Near Mint condition, priced from as low as $3 to $10 (occasionally above, but anything above $10 I usually already have)?

I ask because in today’s email from Audiophile USA, the following Kinks (amongst my very favorite 1960’s UK Groups) LP’s were included in the offerings:

 

- Something Else By The Kinks, this copy with a small "cut-out" rivet installed in its’ cover. Listed price $95. By the time I had opened the email, the LP had already sold. Luckily I still have the 3-color/steamship label Reprise copy I bought new in 1968 for $2.99.

- Face To Face (mono U.S. pressing), with "some crease wear on top and spine, hence price", which is $140. I don’t need it (I have an original mono UK Pye Records copy), so it’s all yours.

- Face To Face (this copy stereo), with cut-our rivet, $125.

 

What I DO know is that I started buying LP’s (I don’t like calling it "collecting") early enough that I already own most of the LP’s that are now selling for these kind of prices. How ’bout you?

bdp24

Showing 1 response by sns

@bdp24  I haven't been searching out any local to me used record shops, or heard of record shows coming here, but being able to purchase albums for $3-$10 apiece, that is amazing! The guys selling at those prices must be getting huge liquidated album collections from people ignorant as to vinyl value. Not sure this will be long lived phenomenon, once the baby boomers gone and large unliquidated collections inherited by ignorant relatives ends cheap vinyl will end.

 

I thought prices of new vinyl had impacted used vinyl? I've had occasion to check values of some of my 3500+ vinyl collection, mostly purchased in 1980's, certainly some not worth much, but there are some hot stampers and other rarities with much higher values. I don't know how usual I am, but my collection has not been documented as to values, it would likely be sold off for pennies on the dollar without that documentation. Still, to go through 3500+ albums and document values for each one, quite an undertaking!  I'd be interested in hearing what others have done in my situation?