Are Vinyl Records a Sound Investment?
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Well said!! Every record that I have bought over the years I did so because I liked the music and wanted to listen to it and keep it. Some £6 records I own are priceless to me because of their back story and the memories that they evoke.
I agree! Thanks for watching! 🙏
I have tens of thousands of baseball cards I collected in the 80s and 90s that I couldn't even give away now. If you are collecting for an investment you are doing it for the wrong reason.
Totally agree
Collected from 1980-1982, then again in 1985 and sold it off in 1986 to 1988, never looked back
The doo-woo 45s and the price plummet is a perfect example for any newer collector as to what can happen in price as interest in a specific genre changes. I’ve seen older collectors in their 70s claim a 45 is $500, and a quick Discogs lookup and it’s something that can be bought for around $50, so if you’re going to speculate on records as an investment know when to sell. I enjoy collecting have since the late 90’s but when something in my collection gets to a certain price point I consider if I would rather have a later press that’s cheaper and sell the expensive copy.
Records are in general a poor investment because if you're just buying to invest, you're probably not that keen on the market. However, if you like music and buy lots of records, you will naturally see them rise in value overall. But trying to pick a winning record is like trying to pick a winning horse.
Very good insight!
I can pick modern winners. Especially amongst heavy music. Whatever new releases get slammed down your throat by the youtube algorithm are likely going to rise in value quit quickly. Especially in the realm of Deathcore, DM, Black Metal, etc.
Simply because the album is pushed into so many people's recommended feeds convinces people they NEED to purchase the album, which helps encourage the flippers to overbuy..... inflating the value.
I think your last point is bang on. I'm collecting quite a bit. But buying only what I love. Now the artists I'm attaining, I believe will be desirable down the road as a bonus. But I will never buy a record thinking it will increase as the main reason. I have to like the music and/or LP, or forget it.
Good for you! You’ll get the most out of your money!
Besides, buying something you don't like in the hopes that you think it will go up in value is the surest way to lose money. You can't be right predicting where the market will go 100% of the time.
I have about 100 vinyl albums, and one that is a Beatles album I bought in Scotland in 1962 when I was stationed outside Edinburgh with the USAF. Have no intention of selling any of mine.
Good for you!
I'm happy when they go down then I can afford them
Yes 🤣
Overall records aren't a good investment. This will become apparent when inflation sticks around a lot longer than the politicians claim. The medium sale price may be a reasonable price if you are selling the record yourself. If you are selling the record to a store it is unreasonable to expect that.
Thanks for watching! They don’t call you vinyl Rich for nothing 🤑
I disagree (sort of)
If you believe inflation is here to stay and will only get worse then putting your cash in any type of collectible is a sound investment because the cash will simply lose its buying power over a long period of time .
Now the risk to that is if inflation gets under control and the prices of goods start to come back down or we enter a recession .
if it lasts long enough a recession will end inflation because companies will be forced to lower prices due to lack of demand .
But your comment seems to suggest inflation is here to stay and in a prolonged inflationary economy I don’t see how you would expect collectibles to lose value.
Just look at the price of records overall in the past 2-3 years. Inflation has increased the value not decreased it
@@cryptosanity361 I think the market will shrink. I’m pretty sure inflation will stick around and 2008 will be a cake walk compared to what may be coming. We are already seeing shortages. The Biden administration is a disaster. Everything isn’t his fault but his policies and decisions gave Russia the needed capitol to invade Ukraine. His sanctions have back fired and will result in the weakening of the dollar. I think most will not have money to spend on records.
Price of rare records have gone up past few years, as have common records. Honestly, it' a good ti.e to be selling
The long term significance of inflation is that people have less ‘pocket money’ to spend on a hobby like vinyl records, plus the price of new records goes up. This in turn means fewer people will be getting into the hobby, and so eventually demand for collectible records will fall, and so will the price.
Thank you Dylan for sharing your perspective. I also feel the joy is when something I love has value to others, the value isn't the dollars but the joy it gives. The time you spend to buy records as an investment versus the time you invest to buy music you enjoy is what we all should consider. The real joy is finding the music that you love, and not loving the money you can make.
Condition continues to increase in significance. I have 5,000 vintage albums in Discogs and whether I add to it or not I see the median value of the collection as a whole ticking up slightly (not enough to make the collection overall a good financial investment, relatively speaking), the maximum value going up more significantly, and the minimum value actually going DOWN. This ever-widening gap between minimum and maximum tells me that people are paying less for poor condition regardless of title and more for premium condition.
I've noticed this trend also ---also in my own buying habits as well
This is true with all collectibles. Many buy for investing so they buy best condition only.
I showed my dad this 1967 Doors debut album I bought for 18 dollars in LA and he was like "isn't that worth a lot more" lol
🤣
Great topic D. Not to kill the convo tho - If the alternative is to invest in the S&P 500 long-term then do that. Buying records at best would be a store of value not aimed at gaining money or losing money. I wouldn't convince myself record buying is an investment when the alternative to drop $100 a month into an ETF would payback loads more with 1% the effort.
Hey Dylan, I'm a friend of Beatle Brad and Tommy Burton, great topic! I've definitely found discogs to be misleading with price, especially rsd issues.
hello noble I never bought a vinyl to resell it. I bought a triple album by chet Baker. in France. I have never clumsily scratched a vinyl. this morning I listen to a side and while handling the cover I touched the arm and scratched the side. this had never happened to me in 40 years. sad thing.
Great video. A short while back Mazzy did a video about "Is record collecting an investment". I commented on it saying something like, "If you buy records only thinking you are going to turn a massive profit you are not in it for the right reasons and it can be very easy to get burned. If you are collecting records for the music and you listen to your collection you are already the richest person.". I had a few people flame on me about it (they must be the "get right quick flippers" and they missed my point.
Honestly, if you are collecting for your love of music and what you like then you are living your best life. If you decide to unload some of your collection and can turn a profit you are also doing well. If you are basing it all on the expectation that you are going to retire on your collection I wish you "Good Luck". The same market crash in values happened in the 90s with comic books and a lot of people got burned.
Bottom line...you do you and love your music. Just don't expect to make millions and don't expect it quick.
I have been an investor for 40 years, and made a lot of money. The number one principle in long-term investing is never to buy what everyone else is buying. If you want to make money, you have to buy low and sell high, and what everyone wants will be high right now. If you're looking for future value, you have to look at what few people want right now.
Now back in the 90s, nobody wanted records. You could buy crates of classic rock for $10 a crate - and if you did that, you would have made money. But now you're paying $30 a record - no way will you make money.
Of course, it doesn't matter to me, I can just buy what records I like and listen to them.
people did want records in the 90's , i was 1 of them . didnt stop buying and bought most of the collection in the 90's , was a great time , but you mean the masses , i hear ya
GREAT VIDEO, I ALWAYS LEARN SOMETHING WATCHING AND I HAVE BEEN COLLECTING RECORDS FOR OVER 40 YEARS ,YOU SHOW SOME REALLY INTERESTING THINGS, KEEP UP THE GOOD WORK. I ONLY BUY RECORDS THAT I LIKE, BUT SOME ARE NOW WORTH A LOT MORE THAN I PAID FOR THEM
Amen, Brother! Great Insight!
Love love the conclusion you made at the end!
As someone who was always on the fence of getting vinyl because I knew how expensive the price of each release was, I was genuinely scared (financially) to start listening to my favorite albums on vinyl.
Biting the bullet and now have amassed a collection myself and having to deal with scalpers left and right , I wish that some of the folks with the "Grind Mindset" just set their eyes somewhere else to earn their big bucks. I think a lot of people who buy records for "investment" are depriving people who genuinely appreciate the music by preying on nostalgia/emotions associated with albums. This whole capitalistic environment has inflated the desire to earn money over the beauty of appreciating and loving music which is pretty sad.
Interesting topic but I buy for my own listening enjoyment
Me too!
I buy albums because I like the music. That's my main focus. I would pass on a valuable album if I didn't enjoy the music. Leave that album for someone who would enjoy it. 😉
Totally agree 👍
I really liked this video, because I like how you're giving people a reality check. You can only be really good at spotting what records will go up in value if you have an ear for music. But the problem with having an ear for music is that you like what you like so much that you can't bear to sell it when the market is at its peak.
The only way to really "flip" records is to find something that is flying under the radar, both in terms of price & collector interest, that you anticipate more people will become interested in sometime in the future. The Rodriguez, Cold Fact LP is a good example. If you knew that the Searching for Sugarman documentary was coming out or saw it when it was at the beginning of its theatrical run, that would have been the time to buy. You might not have known that the documentary was going to get an Oscar & totally revive all this interest in Rodriguez, but it was plausible enough you could gamble on it.
Another example in my collection is my original copy of Donnie & Joe Emerson, Dreamin' Wild. I got that record through a connection with a record dealer friend of mine & I wasn't actively looking for it. But then there was this indie musician Ariel Pink who recorded a cover of Donnie & Joe Emerson's song "Baby" and Light in the Attic released a reissue of the LP. After that, my copy got to be worth quite a bit more than what I paid for it. So another trick that can be used is to look for an obscure song that gets rediscovered with a new cover version & you seek out the original. Or you find the original of an old song that got repopularized because it appeared in a movie or a premium cable TV show or some TikTok video. In addition, you can try to figure out what the hipster reissue labels (like say Light in the Attic or Numero Group) are trying to put out & react accordingly. The problem is, if you fall in love with a new old song or a new old album, you won't be ruthless enough to sell it at the exact time you need to sell it to cash in.
Hey man,
A vinyl scene I have recently witnessed REALLY emphasize the resale value on pre-sales and overnight drops is the undergound Hip-Hop or Hyperpop scene. It's crazy. Good video!
I began buying records for myself and for resale in the early 2000s. I had to sell my original collection for financial reasons several years before. I am now 75 years old. I am in good health and I workout daily. I have no intention of passing away anytime soon nor do I plan on selling my current collection. Records I purchase for resale are sold at my two antique store booths and online (Discogs/eBay). Fortunately I have a good idea what my customer base wants and because of this, I'm having some success reselling. My plan is to resell for another 5 years or so, maybe more, maybe less, but unless an unforeseen incident occurs, my collection is going nowhere. In closing, I agree that records could be a good investment if you know what to sell and when to sell it. That takes some knowledge of the product and perhaps a bit of luck. By the way, I really enjoy your youtube videos.
I only started 2 years ago and there are some records I’d never even think about selling because they’ve got good memories attached to them. The first record I ever bought was status quo-hello! and that will never leave my collection, and the record I am really attached to is my copy of master of puppets which was the first time I spent more than my limit. I’ve also got records from my dad and grandad that will never leave me
Another advanced-level trick is to release a reissue compilation of stuff that's obscure & hard to find but not particularly expensive right now. Then, if collectors like the reissue compilation, they will start adding what's on the compilation to their want list.
I'm new to collecting vinyl records. I'm actually not in it to make money off them. I started buying vinyl because I love the sound of the music alot better then cds. I bought a Queen greatest hits vinyl record the other day from my local record shop for 6 dollars because the case or sleeve it comes in wasn't the best buy I was happy to get the album because it was 6 dollars and it has a ton of good Queen songs on it. For me it's the thrill of being in a record store again. As a kid going into a record store cassette tapes I was buying or cds since they where new.
Haha! "The purpose of records is not to be bought and sold. Me saying that as someone who owns a record store."
Hey Dillon!! Good Topic!! I Buy Totally For The love Of The Music!! Consequently My Collection Will Reflect That In The End!!! For People Who Will Be Privy To the Collection, There Will Be A " Wow" factor... Nice Job My Friend... All Good Here In Beaufort.. Peace!!!
Personally I buy music I enjoy to keep. Hopefully my nephew will inherit it someday and enjoy it for himself. I'll be happy as long as somebody enjoys my collection in the end!
Awesome!!!
Very well said and to the point. What I really detest at the moment is the fashion of putting LPs from Record Store Day, for example, on Discogs for five times as much. Sometimes there are good dealers among them who bring the whole thing back to reality, and often you just have to be patient.
One of the first albums I bought from a friend was by a relatively unknown group in the UK. I sold it in good condition to someone who'd already bought a copy elsewhere but was not happy with the quality.
I have no idea why he wanted to buy it, but I do recognise that more than just the musicians contributed to making that album. From Sound Engineers to album cover Artists, there may well be generations who want a copy of what Grandad/Uncle/maiden Aunt did when they were young. I'll never know, but enjoying speculating.
The album was Zion by Zion.
Collecting back in the early 1980’s it was for fun and it was tough to resell for any real profit like you can today
Alot of what you said was right on point.
I have a small collection of vinyl 200 to 250 (I think) They are from my younger days late 60's. 70's and 80's. I probably have some very collectable albums, I have taken care of them through the years. I was one of those kids lined up at record stores waiting for a new release. I will occasionally buy an LP, only if it's one of the bands I love and it's playable. I think you are correct anybody who collects should do it for the love of vinyl, I enjoy my albums and the music takes me back to fun times, good music, talented musicians. love watching your videos, I learn alot
Thanks so much!
Our records in Australia, a lot Deira and the records they are in USA
I've sold records to my local store a few times, usually records that I dont listen to in order to free up space or to make some easy cash for other things. I know it's unlikely that I'll make my money back on them but that's okay, I've got my enjoyment out of them.
If you have a good relationship with the owner, you can always find a figure that works for you and for the store. It's important to remember that the store is the one that will put in the work to get them all sold on, so they should be the one to get the full value. I've also found that if you don't try to highball the store, the store won't try and lowball you.
If you're buying individual records thinking that you'll make money off them, then you'll be disappointed. Buy records for the love of the music and the hobby!
Such great advice. I buy because I love, whether they are an investment or not. That’s the secret to record collecting. Regardless of value, it’s a passion thing!!!🎶🎵🌈✨💫
Always enjoy your videos, follow you on IG too! I buy music I like, period. The idea of buying records as an “investment” is odd to me. Case in point: Joni Mitchell’s 'Blue’. Highly sought after, sells at high prices ($100+). As much as I love this record, I refused to pay what most sellers were asking for. Finally I found a reasonably priced (around $50) copy, jacket somewhat dog eared, vinyl in good shape & I bought it! If I wanted to flip it, I would have bought a better conditioned copy, & sold it for higher than I paid for. I didn’t, because I’m not buying to finance my retirement!
Most of the stuff I'm making a killing on right now, is stuff I paid the least for lol. It's hard to predict the future. In the 90s, my record collection was worthless, vinyl was considered junk at the time
I by vinyl because I like the music. Investment never factors into it.
Guess you didn’t make it to the end 🤣
@@noblerecords yes I did. It wasn't as much of a statement as a conformation.
I like that you're in the ⚫vinyl community and business for the right reasons.
You enjoy the art and want a sustainable business model that makes people happy. It's noble!
I dont know whether they are a sound investment, but they are definitely a sound-investment!
Any music is always a "sound " investment. 😁
Right on brother!
🙏🙏🙏
I was lucky someone gave me their record collection when they moved, he didn’t want to deal with all the records. Most of the records were in bad shape, but in the collection were both Rodriguez, Coming From Reality and Cold Facts, VG+ condition. So happy to own them would I sell them for $$$$?? I don’t think so, but maybe?
The way I look at it , I'm glad I bought most of my favorite rare records in 2018-2020
If I still had alot of rare stuff on my want list I would be bummed out because I wouldn't purchase them now. Especially since the UK shipping is so much higher now which was where my most of the records I wanted shipped from.
I invested early on for what I want to enjoy rather then what I expected to make a profit on.
Records , vynel records, plastic discs thet eminate sound, as an investment???
Great great idea!👍, right up there in my ocean front property in Arizona and cardboard investment, only two tons of which I have as tangible at home
Great video. Informational and helpful. I have a few records that are worth a grand or two but I love them and didn’t buy them for that reason. Tempting for sure, but in ten years I’ll wish I still had it.
Definitely have noticed more folks approaching the hobby as a speculation opportunity to make some $$, as flippers are more prevalent than ever before. To each their own, but rather than shake my fist at the sky and curse flippers vehemently, it just means I need to plan accordingly, get to stores earlier, and/or do more research to not get caught slipping. But I agree wholeheartedly that it’s all relative if you don’t enjoy the music, first and foremost. Have a great weekend Dillon!
I agree with you, Dillon. Records were made to be listened to and enjoy. I'm a collector, and I never buy a record with the thought of selling it to make money anymore. I have flipped very few record in the past, it's too much of a hassle. I buy the record to listen to it and keep it. It's all about the music for me. a few of my friend sometime make the comment of "it'll only go us in value" to which I reply - I don't care. Now, I do enjoy seeing those astronomical values on Discogs, but that's just for fun. If I want to estimate the value of my collection is probably somewhere half way between minimum and median. But the maximum value is pretty entertaining.
So glad you brought up age as a factor. I have seen some still going off of the gold mine books. Hip hop was cheap at record shows because that was not the old guys music no one was buying it. Then they started seeing it sell and they could mark it up.
This triple by Chet Baker is the most expensive album in my collection and one of the most precious. 🥵
I feel like old jazz albums are actually a worthy investment. I'm talking the classic blue notes and impulses and prestige etc. Those albums are timeless and their stock of well cared for copies will continue to dwindle. Furthermore the early pressings of these albums were engineered by Rudy Van Gelder and there is nothing quite like an RVG mastering. You can not replicate those early Blue Notes in the way they sound, at least not easily. There is value there and it will ontinue to grow. The latest color variant of a Mitski album might be hype AF right now, but it will not last like the way an original Wayne Shorter or Sonny Rollins album will.
After that Sparks documentary came out these former bargain bin records blew up in price, crazy. They had the Carlin documentary and I was at a couple record stores and people came in asking for Carlin, prices were going up to meet demand. My new collection is focused on music I love. That said, I will go for collectible stuff but it has to be something I love like 70s punk or Zamrock. Good discussion
like anything you collect..if you focus on what you like...you wont be disappointed.
👍👍👍
Just my humble opinion, the beauty is in their size, construction, smell, sonic quality, etc. But the downfall is also their size. Man they take up a lot of room - and a big library also weighs alot
As long as your buying records at or below the original MSRP than you’ll be fine. A lot of times that is kind of the floor for value on records, I never pay more than original retail pricing, I can’t find one record in my collection that is worth less than what I paid.
Can you invest in vinyl - yes - but you would need to buy album's you probably have no interest in listening to. Point being if you started investing today you would need to be buying records that 12 - 18 year Olds are listening to today, because they will be the ones in 10/20/30 years time with disposable income looking to collect the records they never bought or could never afford when they were young. Point in case being 90s and early 2000s records, those fan bases are now middle aged and willing to pay up for the records they never owned. Nostalgia is the biggest growth factor in music but can also be its demise when the fan base passes on.
Im going to be inherenting my fathers collection who has recently just passed god rest his soul! But he has been a disc jockey for 35 years and has acquired quit the collection. But he has all of Casey Kasem's shows he ever did on vinyl! Ive always wondered if there worth anything what so ever. Ive tried researching them and i just cant seem to find any to gage them off of! If anyone has any insight to these please let me know! Love the channel its helping me learn lots. Thanks
I have a 1969 promo splatter yellow 45 of Jon and Robin "If you got it flaunt it" but only thing I can find online is the straight yellow vinyl not the splatter. Can you help me out with the value of this? It does not have a cover but the record itself is mint.
I will buy stuff I see on your video but 75% I buy is what I like. I know most have no value but as a teen in the 70s I migrate toward stuff I grew up on or mid 80s. Of course, always looking for those records my mom gave away when I joined the Navy. Have a good day. MIKE
The second you open a new record or take off the shrink wrap the value goes down. There are records that are worth lots of money, but to buy new records because you think they're going to be valuable is like playing the stock market. The prices go up and down.
I agree with your insight, but what is YOUR plan for your collection?
Will you sell it soon or is there a plan after you're gone?
I ask because your collection is much larger than mine and I know you have some very desirable records.
Thanks 👍
*Good video Beardo!*
🙏🙏🙏
it has never mattered to me if records are a sound investment financially speaking because I just get a charge out of certain records even if I don't like the music on them. Even off hand records most people wouldn't ever buy or be interested in. One of the records I treasure most is the original soundtrack from the animated film "Charlotte's Web".
If you can't pay ....you can't play ....that's life 😂😂👍👍
I probably haven't sold more than 6 to 10 of my records since I bought my first piece of Vinyl just over 40 years ago now...
I doubt I've ever bought a record with the intention of making a profit off of it.
.
I just sold a Sixto promo clean copy for $600. I sold to buy another record that skyrocketed and I was trying to buy years ago for $100 that I was never able to procure. I have sold a few rare ones over the years that have recently skyrocketed and I regret like Manduka. I agree the new colored variant marketing scheme will not hold. The ones that will are older records that havent quite been discovered. A label does and represses which brings to everyones attention which causes og prices to skyrocketed. I buy contemporary Brazilian records which I feel have yet to get their due. No colored variants just small runs of amazing records. Timing is a bitch though as you mentioned and I have experienced. Its hard to hit a home run. I dont buy sell to get rich but to expand my collection to rare stuff I like that is just so damn expensive. $3k for abraxas though is idiotic.
It's getting out of hand. Like comics in the early 90s. We posted a porch sale a day before the porch sale and with in 30 minutes people were showing up to my house harassing my family, while I'm at work freaking them out. Boundaries people Boundaries
I agree! Thanks for watching! 🙏
Buy old punk records.
Or even new ones by DIY bands that have a big fan base but don't have many records pressed because they're DIY & usually can't afford to. I just happen to like that kind of music. I've got a 1st pressing of Ramshackle Glory "live the dream" I found for $15 a couple years after it was released in 2012. It just keeps going up. 2 years ago it was maybe $150. Now it's been selling for $400 & just keeps going up. Several other punk LPs I have are the same way. They just keep going up & up. I just buy records I actually like & listen to. But that they're so damn expensive & keep going up is just a cool bonus. I have no plans to sell most of them anyway. I plan to pass them on to my son because he likes some of it too. But he's only 7...if he doesn't like it or whatever when I give them to him, he can sell them for good money & very easily too because I've seen many of them on Discogs sell within an hour or so after being listed for sale. I don't see that changing any time soon for the type of music I'm into.. There will always be someone willing to pay quite a bit since some of them only exist as a 100 or so copies & never been reissued or reissued in very small numbers.
Dylan you are spot on regarding demographics and fan shifts
Great points, Dillon. 👍. I don't think it wise to rely on value "in the air" on Discogs. One must sell to know the actual value. One must have a willing buyer. The values provided are potentially misleading. I find it more interesting when I put a record or CD in Discogs and there is no data for it. This is somewhat unusual. More often, certain items have no values provided. I do not consider these works of art to be worthless. I find that I love them even more when I see that they are not popular. 😊. Rock Always! - Heather
In addition, nostalgia comes in cycles. You have to be knowledgeable enough about music to know how different genres, artists, and songs ebb and flow in popularity. Before the Buddy Holly records & doo-wop records started plummeting in price, I saw the same thing happening with 78 rpm records, because most of the collectors had one foot in the grave & the other foot on a banana peel. You want to focus on the markets that are finally at peak disposable income (say, Boomers born between 1955-1964) and cater to what they like, but as soon as these people age out & their favorite music ends up in estate sales for pennies on the dollar, what they like will plummet in value too.
I tell myself "you should get this, it's a good investment" as a way to rationalize more record buying! 😃
Buying what you like is always going to be the best investment. That way, it's not a gamble. My second piece of advice is to be patient, dig for records, and always try to underpay.
It also helps to have eclectic taste and do some research. Lots of gems get left behind
I have been collecting music for over 50 years in all different formats and never did I buy something thinking that it would have value down the road. I bought music because I liked it and to share or trade with other music lovers. When did music become a investment strategy? 🤔
Thank you for this video! Buy what you like is a big factor, if you have an however educated taste in something, there will be others that like it too. The generational thing is probably the biggest factor, e.g. a lot less Elvis collectors around now. And expect the unexpected a la Kate Bush or even certain created color collectables that are pressed in the tens of thousands now which will go up in price in 2042. That being said, records might still be overall undervalued as cultural artifacts - compared to books or even comics.
I don't know or even care whether they are a sound investment. But they are an investment into sound, and this the only thing that matters to me.
🤣🤣🤣
Hey! I just got some inner sleeves for my records, and I put the record in the sleeves dirty, without being cleaned. (I spaced out and forgot too clean them lol). Is that a bad thing? Will it damage my records? Also I put the records with the inner sleeves on them, back into the sleaves they came with and put the “record sandwich” as I call it back into the sleeve. Is that also going to be damaging? I’m new to record collecting and would like to know lol 😅
Hey Dylan quick question I just bought a Seeds record Pushin to hard at flea market for 5 dollars do you have any idea what its worth
1600 records, mean value $35K. Not selling any. I love them all.
I have hundreds of original presses and I also have new reissues of certain albums. The most I've paid for any used vinyl is $40. I have used discogs mostly to order albums from other countries but I have sold a few in the $ hundreds which I find amazing. When I hear albums selling albums for $10,000 It blows my mind because no album is worth it to me.
Rodriguez, man I've found so many in op shops, it's a very common record in Australia, I've probably sold about six copies, I think you could easily get it for fifty bucks, certainly not multiple hundreds, I've never paid more than about five bucks lol
Maybe not so much now days, but I was finding it all the time in op shops in the early 2000s
I guess some people here would charge a bit for it ,bit did sell a lot here,I think that weird rumour he was missing had something to do with it becoming so " rare" but Aussies knew that wasn't really true as he used to tour fairly regularly, and lots of people have seen him live, I still don't know what to make of that.
Don’t really know coz I’ve never bought a record for an investment. Buy records to listen & love. If you wanna invest in something, choose something else maybe. 🤷♂️
I agree!
Speaking of pearl jam...is their first album really worth as much as it says on discogs? I would have thought that album would be fairly easy to find no?
It’s not easy to find!
Wish they’d reissue butcher cover got a nice boot but like to have an official copy
Collectables are a poor investment period. When I look at my Discogs value, my first thought is "holy crap, I spent that much on music." I buy records and CDs to enjoy them. My daughter will inherit mine and she enjoys my collection as well. Thanks again!
Yep! Thanks for watching! 🙏
I just buy records to listen to and look at. I do like to get the most desirable pressing I can afford, but ultimately, I don't buy to resell, I buy to listen! I think investors are ruining the market for genuine music lovers...and often they end up losing.
One thing I have observed, with records and other things. Nature abhors a vacuum. When the really desirable stuff goes up in price, the average items get sucked up accordingly. People say: 'I can't afford X or Y, so at least I can buy Z'. But the euphoria wears off quickly, and the price of Z goes right back to where it started, because Z was never desirable to begin with
Record value is like pure commodity speculating, I too have seen titles Skyrocket, Plummet and Skyrocket again in price(s). Its weird.
Amazin!
A great little example of what we are talking ‘bout is Kate Bush’s Hounds Of Love album. A fantastic album that I’ve always owned, never been sought-after or expensive & always been plentiful.
Now however, since the Stranger Things series has exploded, go try buy an original of Hounds Of Love now. It was always between £5 & £10 but look at the price of it now. I’m not even gonna put the price coz the value seems to go up every day.
My niece wants it now. If she would’ve wanted it 12 month ago, I would’ve helped her get it, no problem but now it’s not so easy. Wish I was ‘just discovering Kate Bush’ though.
Haha yes, we just sold one this past weekend. Great record
@@noblerecords 🤣 I’m not gonna ask you how much ??
Hey, you adjust your price accordingly, everyone knows that. You “lose” on enough so good job on the “wins” I say, well deserved. 👍
Even if much of the stuff you buy goes up in value, or at least holds it value, SELLING RECORDS IS A JOB
I bought a Kiss vinyl bootleg in 1984 for $20 and was recently offered $800 for it so........
I never buy records as a finacial gain. only buy the records i like a make sure to play them alot. the condition of the record matters more to me than the sleeve.
Of course the sleeve atleast has to stick togheter.
You gottttta get some Eminem in :) I wish I could give you my number, so I can be contacted when stuff comes into stock lol.
Obviously, records are a "sound" investment. LOL I used to always see people commenting that any store that prices their records over the Discogs median are dishonest. That's one of the most absurd things I've ever heard. I do buy records to sell and I also collect records and both are a lot of fun. I see nothing wrong with people being into records solely for a profit. It's like someone that sells insurance. They may do it for a living, but it's not like it's their hobby outside of work.
I totally agree! I buy records for me and if they happen to worth something that's a bonus! In 20 or 30 years I'll be the old man at the Flea Market trying to sell off my collection to the next generation. Hopefully they'll go to a home where they can be enjoyed. That's the plan anyway.
The interesting question is: how much do you make with your business?