How Do You Go About Pricing Records ?

[Swifty]

I'll try and keep this simple. I'm looking to sell a few records (not big ticket stuff as don't have any) but just stuff I either have duplicates of

or are just not my cup of tea. Just to pay for stuff I'd rather have.

My problem is (and this is in no way a dig at anybody) when i look at either JM or TB's books the prices on some are so different,so what do

I do (no pun intended !)

I do realise it's all subjective i.e. Condition/Demand etc.

1. do I pick an average price

2. Look on Gemm/Popsike

3. Offers (bearing in mind I would think nothing is worth above 100/150 quid)

Sellers , how do you price yours ???

Cheers

Swifty

[Guest]

I'll try and keep this simple. I'm looking to sell a few records (not big ticket stuff as don't have any) but just stuff I either have duplicates of

or are just not my cup of tea. Just to pay for stuff I'd rather have.

My problem is (and this is in no way a dig at anybody) when i look at either JM or TB's books the prices on some are so different,so what do

I do (no pun intended !)

I do realise it's all subjective i.e. Condition/Demand etc.

1. do I pick an average price

2. Look on Gemm/Popsike

3. Offers (bearing in mind I would think nothing is worth above 100/150 quid)

Sellers , how do you price yours ???

Cheers

Swifty

Just write your list and ask em' on here,you might not get the answers your looking for but SS's know there onions.

[John Reed]

Why don't you just list them on here and ask people to help you price them. I know when people have asked before the valuations given are good ballpark prices.

[Guest biggray1]

Popsike dont reflect the correct prices of ebay 45s because of auctions etc,i know you want to put a fare price on your 45s so my advise is to search through other sellers sites,you usualy find a average price across these sellers,bit of a trawl but cant think of any other way. Graham

[Swifty]

The thing is Lads, that I've seen people do this before and be told basically to look in the books and sort it themselves.

So I didn't want that sort of reaction , but if you chaps can give me a bit of guidance I'll pop a few up for your perusal

EDDIE RAY - GLAD I FOUND YOU - PRIX (No Address) - EX

CHUCK EDWARDS - I DON'Y WANT NO COMPANY -RENEE - EX

FRANK EVERETT - SPELLBOUND -BIG SMOKY - EX

HAROLD SMITH - IF I EVER LOSE YOUR LOVE -LU-MAR -EX

LITTLE HELEN - CAN'T GET ENOUGH - SOULTOWN 108 -EX

THE AMBASSADORS - I NEED SOMEONE - UPTOWN -VG+ (a few marks but palys well)

as i said , I know it's not rare stuff .anyway, that's a few of them and if you can give me some idea it would be much apprecaited

Thanks

Swifty

[Swifty]

Popsike dont reflect the correct prices of ebay 45s because of auctions etc,i know you want to put a fare price on your 45s so my advise is to search through other sellers sites,you usualy find a average price across these sellers,bit of a trawl but cant think of any other way. Graham

The problem is though Graham on some records I've looked through a lot of sites and not found some of them, which then makes you think this must be quite hard to find , all I want to do is put them up for sale and not make a tw*t of myself as I'm not as knowledgeable as most on here

Thanks for the reply mate

Swifty

[John Al]

I'll try and keep this simple. I'm looking to sell a few records (not big ticket stuff as don't have any) but just stuff I either have duplicates of

or are just not my cup of tea. Just to pay for stuff I'd rather have.

My problem is (and this is in no way a dig at anybody) when i look at either JM or TB's books the prices on some are so different,so what do

I do (no pun intended !)

I do realise it's all subjective i.e. Condition/Demand etc.

1. do I pick an average price

2. Look on Gemm/Popsike

3. Offers (bearing in mind I would think nothing is worth above 100/150 quid)

Sellers , how do you price yours ???

Cheers

Swifty

I would:

1) Look at Manship's and half his prices to get top "real" price.

2) Take average from Popsike & Gemm.

3) Do a search on here to see what any others have sold for recently.

Half of Manship's price + popsike/Gemm average + average of recent sales on here, divided by 3 should give you fairish price.

Other than that, it's gut feel based on experience or ask for offers!

John.

[Garethx]

Bear in mind that JMs prices and estimates include VAT and also have to take into account other costs a professional record dealer might incur like staff, premises, business rates, business finance, web hosting / maintenance and so on. The no-quibble guarantee is also a factor too.

Few if any of of us amateurs who occasionally sell records have to factor in such costs. It often makes me laugh to see private sellers quoting 'book prices' on their sales for this reason. I reckon a private sale should be at least a third less than a dealer's retail price.

Just my opinion.

[Pete S]

Bear in mind that JMs prices and estimates include VAT and also have to take into account other costs a professional record dealer might incur like staff, premises, business rates, business finance, web hosting / maintenance and so on. The no-quibble guarantee is also a factor too.

Few if any of of us amateurs who occasionally sell records have to factor in such costs. It often makes me laugh to see private sellers quoting 'book prices' on their sales for this reason. I reckon a private sale should be at least a third less than a dealer's retail price.

Just my opinion.

I don't think they do, not in the guide, and if they do they shouldn't!

We all have overheads except some of us don't pass them on to the customer - costs me a lot to have a card machine, get charged on every transaction blah blah blah

[Guest Beeks]

HAROLD SMITH - IF I EVER LOSE YOUR LOVE -LU-MAR -EX

Classic example of vast price difference...is on JMs for around the 100 mark?

Pricing in the normal world around the 30 quid mark

[Garethx]

I don't think they do, not in the guide, and if they do they shouldn't!

We all have overheads except some of us don't pass them on to the customer - costs me a lot to have a card machine, get charged on every transaction blah blah blah

Every day we see records offered here by collectors for their full 'book' price. Bear in mind also that the book prices are for mint copies. Grading from people who don't have to make their living from it sometimes leaves a lot to be desired. I've made the mistake of trusting some members here on grading and ended up on occasions with records that were only fit to be thrown straight into a skip.

I think everyone realises you price your records very fairly Pete: they are clearly priced to turn around quickly. With regards to charging for card transactions that's your own choice and obviously a goodwill gesture on your part to make it easier for buyers: I think it's appreciated.

[Swifty]

Classic example of vast price difference...is on JMs for around the 100 mark?

Pricing in the normal world around the 30 quid mark

The thing is Beeks it was 300 in one of the older books , which I understand that probably loads turned up since

Cheers

Swifty

oh , I nearly forgot , c'mon you Reds !!!

[Pete S]

Every day we see records offered here by collectors for their full 'book' price. Bear in mind also that the book prices are for mint copies. Grading from people who don't have to make their living from it sometimes leaves a lot to be desired. I've made the mistake of trusting some members here on grading and ended up on occasions with records that were only fit to be thrown straight into a skip.

I agree with you completely. What I also detest is people seeing a record fetch daft money on an Ebay or JM auction then immediately listing it on here for the same price, not realising that the people who pay these prices are either extremely well off or mentally ill.

[Guest Beeks]

The thing is Beeks it was 300 in one of the older books , which I understand that probably loads turned up since

Cheers

Swifty

oh , I nearly forgot , c'mon you Reds !!!

I love it...and play it out...and I paid less than £30 too

[Swifty]

I would:

1) Look at Manship's and half his prices to get top "real" price.

2) Take average from Popsike & Gemm.

3) Do a search on here to see what any others have sold for recently.

Half of Manship's price + popsike/Gemm average + average of recent sales on here, divided by 3 should give you fairish price.

Other than that, it's gut feel based on experience or ask for offers!

John.

John , or should I call you Einstein have tried the above formula with the Harold Smith Record

£50 + £43.55 + £26.66 = £120.21 divided by 3 = £40.07

this could be the future of pricing !!!

Cheers

Swifty

p.s. If anyone can have a look at the list and give me some Idea on prices I would appreciate it, otherwise

it may take me some time

[hrtshpdbox]

2) Take average from Popsike & Gemm.

I'd say to throw out popsike results completely, take the lowest price from a reputable gemm seller, subtract 30% from it, and there's your "value".

[paup-ine]

Bear in mind that JMs prices and estimates include VAT and also have to take into account other costs a professional record dealer might incur like staff, premises, business rates, business finance, web hosting / maintenance and so on. The no-quibble guarantee is also a factor too.

Few if any of of us amateurs who occasionally sell records have to factor in such costs. It often makes me laugh to see private sellers quoting 'book prices' on their sales for this reason. I reckon a private sale should be at least a third less than a dealer's retail price.

Just my opinion.

If that is the case, why wouldn't we want to get some of that back, or is it like buying a brand new car, losing x-amount of depreciation the moment it leaves the garage?

P

[Ezzie Brown]

I agree with you completely. What I also detest is people seeing a record fetch daft money on an Ebay or JM auction then immediately listing it on here for the same price, not realising that the people who pay these prices are either extremely well off or mentally ill.

brilliantly said pete..............tho some are just plain stupid or impatient and cant bear to wait for a cheap one to turn up. ezzie

[Guest]

brilliantly said pete..............tho some are just plain stupid or impatient and cant bear to wait for a cheap one to turn up. ezzie

So why do you never have any cheap one for sale ezzie???

[Ezzie Brown]

So why do you never have any cheap one for sale ezzie???

quality is expensive........also ....i put an extra 0 at the ends of all the the prices when you walk in steve many thanks for your previous purchases!!!!!!!!!!! please look in sales 4 tonights offerings ........not the ussual, and CHEAP>>>>>> greedy guessing thats my price method!!!!!!!!!

Edited June 5, 2009 by ezzie brown

[John Al]

John , or should I call you Einstein have tried the above formula with the Harold Smith Record

£50 + £43.55 + £26.66 = £120.21 divided by 3 = £40.07

this could be the future of pricing !!!

Cheers

Swifty

p.s. If anyone can have a look at the list and give me some Idea on prices I would appreciate it, otherwise

it may take me some time

Clearly I have too much time on my hands!

Did seem to work well though, that's a reasonable price but perhaps we should have factored in Nectar points or overdraft fees etc.

Just ebay the bloody things and buy from Pete!

Best,

John.