How and Where to Sell Old Phonograph Records

Have you studied your Abcs lately--that is Attics, Basements and Closets? They could yield up some extra money and free up some primary space in your home for other uses. Lps (long-playing 10 and 12 inch discs, playing at 33 1/3 revolutions per minute), 78s (easily breakable discs, playing at 78 revolutions per slight with one tune on each side) and 45s(7 inch discs playing at 45 revolutions per minute) may be valuable.

Record collecting as a hobby is just starting to grow after many other collectibles have been prominently featured in aged stores and the media. It is not an expensive hobby to establish, but disposing of them can be expensive in many ways.

Piano Concerto

How Do You identify Value

Many citizen think that just because a record is old that it has great value. Very few records have any real value to collectors or dealers. Value is based on a combination of three factors -

(1) provide and demand. How available is the record? If millions were initially sold it is likely that many will turn up in thrift shops, used record stores and in many homes. The scarcity factor must be present. There must be a inquire for that record because of the artist performing (e.g. A major talent who died young and before being able to make many records), the label on which it was recorded (the customary recording as marvelous from a "reissue"), or an oddity regarding the record(e.g. A V-disc, wartime government recording or aircheck-taken from a radio broadcast, an customary photo disc or a 10-inch Lp). The scarcity factor can also be affected by whether a record is "out-of-print"(no longer available from the manufacturer) thereby decreasing the supply. "Bootlegs" (records illegally produced from live concerts or broadcasts) are also primary to collectors.

(2) health of the record. Those with face noises and scratches will be of slight or no value. If it is in "mint" health (perfect) or "near mint" health it will have the top potential value. A record in "very good" health should not have any distorted sounds or loss of sound quality. "Good" means it may have some imperfections, but can be readily enjoyed. "Fair" means it can play, but will have obvious sound impairment and detract from your enjoyment and the value of the record. Some dealers may have a slightly distinct grading scale.

(3) content of the recording. Commonly speaking there is more interest in music than in spoken word or comedy records and the value therefor would be greater. obvious kinds of musical recordings bring high sales prices. Jazz, customary Broadway cast and movie soundtracks tend to provide a more active market and greater value. Also early rhythm and blues records and the doowop sound are also highly valued and collectible. Among classical records the most primary are orchestral performances, then solo instrumental, chamber music and concertos and solo vocal and operatic arias and ultimately perfect operas. To some collectors, whether a record is mono or stereo affects the value. Recently a market began developing for rock records of early vintage, especially those of deceased cult figures such as Jimi Hendrix, Janis Joplin and Jim Morrison. Also, brisk trading now occurs among collectors of 45s, especially among the 1950s rhythm and blues and early rock artists. Great interest maintains in rare and unusual (foreign issues, etc.) in Elvis and the Beatles. However, most of their records have slight value because so many were produced without any distinguishing characteristics. In other words they were all the same.

Who Will Buy Your Records?

Records are purchased by collectors, mail order dealers, used records stores and the general public, sometimes on a nostalgic impulse or because of a favorite artist. For truly rare records the best prices will come from dealers who know the market and for how much they can resell them. Collectors are emotional and sometimes fanatical collecting their specialties. They may pay top prices for particular idiosyncracies. It is unusual to get top dollar for a rare record from the "general public', where only the carrying out value is recognized, not the resale or trading value. Painstaking explore and knowledge of the record industry and its artists is required to settle the value of a particular recording. It may be potential to settle a value for a "rare" record once you have considered that it is truly rare.

What Will They Pay?

Most records that are not "rare" can bring only pennies - 25 cents to a dollar - from dealers. The "general public" may pay or . Rare records can bring from to the thousands. There are a amount of price guides published, but values indicated are Commonly highly inflated or based on an isolated sale. Obviously, collectors and dealers want to read that records can bring high prices. Remember, value rests in the mind of the buyer.

How Do You Find A Buyer?

A buyer for every record you wish to sell probably exists somewhere in the world. How to find that man is a big problem. It is not uncommon for citizen to study old records in their homes and walk to spend many dollars (far in excess of the eventual e record) and untold hours in chase of a buyer. It can come to be very frustrating and sometimes obsessive. Expectations roughly all the time exceed reality.

Records can be sold by advertising - in local classifieds or collectors' publications, by selling to local used record stores, selling at flea markets or bazaars or by promoting a stable sale. Start by cataloging the records. List the artist, the title of the record, Lp, 45 or 78rpm, the record catalog amount and its condition. Take the list to a record librarian and some used record stores for offers and indications as to rarity. Talk to friends and associates.

Selling involves prospective buyers visiting your home. Or, you may have to pack and cart the records to a store for a price quote and no sale. Damage in transit can make them worthless. Out-of-town prospects requires mail correspondence, packing, insurance, carting to the post office, placing postage and sending C.O.D. The buyer may refuse to accept upon receipt.

©2007 Howard E. Fischer

How and Where to Sell Old Phonograph Records

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