Is Now The Best Time To Sell?

[Craig W]

Is now the best time to sell your soul 45s from a financial point . Will prices continue to rise in the future? I dont think so , in fact I see a steady decline in prices in the next 10 years and most things bieng of little or no value in 20 years time apart from the super rare stuff which there will still be some kind of market for but generally most 45s will drop in price dramatically.

There are some things I would never sell for one reason or another but there are others which I have which I will never really listen to or have held on to thinking they will rise in value but I am thinking of selling them now before they are worthless.

Sorry to be a bit negative , I hope Im wrong but dont think I will be for one minute.

What are your views.

[Pete S]

Selling records is not an easy job at the moment, I can assure you of that. People are getting more selective and careful with money, and in my experience, oldies take up about 85% of all sales.

[Guest]

Is now the best time to sell your soul 45s from a financial point . Will prices continue to rise in the future? I dont think so , in fact I see a steady decline in prices in the next 10 years and most things bieng of little or no value in 20 years time apart from the super rare stuff which there will still be some kind of market for but generally most 45s will drop in price dramatically.

There are some things I would never sell for one reason or another but there are others which I have which I will never really listen to or have held on to thinking they will rise in value but I am thinking of selling them now before they are worthless.

Sorry to be a bit negative , I hope Im wrong but dont think I will be for one minute.

What are your views.

.

Edited October 18, 2005 by kenneth aitchison

[Guest]

[Guest andycambs]

Back in the early 90's i got a bit sidetracked from the scene and needed some cash for "other projects" so i had a clearout of stuff that, as you say, i didn't listern to much, also knowing at the time that i could probably replace most of them if i had a change of heart later on.

No need to go on really, is there, other than to say i probably could replace them now, if i sell my house!!

Only a good time to sell if you're a dealer.

Andy

[Pete S]

Only a good time to sell if you're a dealer.

Andy

No it's not. See above.

[Headsy]

why sell something that gives you so much pleasure for so many years and keeps you busy looking/hunting and is great fun and is in common with what your mates do ?, what you talk to your mates ( and anybody else who listens ) about !!what are you gonna do with the money ? buy a car for £20,000 that after 4 years is worth less than £10,000. thats a waste of £2,500 a year.go on holiday for 2K, then its over with ?buy some clothes that dont fit you next year ? stop smoking or drinking and save money at the end of the day you have so much disposable income to spend.......better to spend it on records as much as anything....big difference is you will always get some money back in later years if you sell the records......you wont with drink drugs and loose women ( I try to do it all )plus theres all the fun ...........stay in and convert to Buddha, then you wont have to worry about the money.

[Guest andycambs]

No it's not. See above.

Maybe it is time then for prices to start dropping! I don't pay too much at the moment for 45's but it's not that don't want to, just too easy to get dragged into spiralling prices and forget bills etc.

Andy

[Pete S]

Maybe it is time then for prices to start dropping! I don't pay too much at the moment for 45's but it's not that don't want to, just too easy to get dragged into spiralling prices and forget bills etc.

Andy

If I go any cheaper I'll be selling them for what I pay for them - I already do them about 20% cheaper than most.

And if they don't go this week, they get reduced next week.

[Guest Dan]

difficult question isn't it.

the so-called worldwide market, which i used to believe in, isn't really there, at least as an economic force driving prices. in fact, the japs and a few others getting involved has probably temporarily blipped prices up and as and when they drift away, as most will, the prices will sink.

we're not collecting old masters or 18th century furniture - there's a limited market and we are basically it.

ergo, as we die off the value will drop because records will come back into circulation while, at the same time, there are fewer buyers.

basic supply and demand.

personally, don't care as i only ever sell doubles or records i don't really like, or if someone offers me a really good price and i calculate if i wait a while i can buy it back for less (dangerous i know).

i will never sell my collection proper (unless i absolutely have to for financial reasons) so it doesn't really matter.

ultimately, i'd love it if the price fell to 50p a 45 because i'd have thousands more records.

but an interesting question craig.

Edited October 18, 2005 by Dan

[SteveM]

difficult question isn't it.

personally, don't care as i only ever sell doubles or records i don't really like, or if someone offers me a really good price and i calculate if i wait a while i can buy it back for less (dangerous i know).

You bounder Sir

[Guest Dan]

nah, that was one i had two of steve, kept the issue.

i sold you that cheap, robbing me blind you were, i've got a family to feed you know...etc etc

[SteveM]

nah, that was one i had two of steve, kept the issue.

i sold you that cheap, robbing me blind you were, i've got a family to feed you know...etc etc

Cheap.? You've still got my trousers

[Headsy]

sorry , I did'nt really answer the question,I think prices will at worst stay where they are,if they go up its a bonus,but do you really buy records to make a profit later ?the point I was getting at is you buy them for enjoyment and later value doesnt really matter,its not a bad way to spend your disposable income cos you can always get your money back ( give or take a bit ) unlike a lot of things you buy.

[Rbman]

Not only have they peaked but they are droppping like a stone......so if you have a Leo Price or a Betty O'Brien or a Cookie Jackson you want to off load I've got £25 burning a hole in my pocket

[Mace]

Not only have they peaked but they are droppping like a stone......so if you have a Leo Price or a Betty O'Brien or a Cookie Jackson you want to off load I've got £25 burning a hole in my pocket

I've got a Betty O'Brien and a Cookie Jackson you can have for £25 each.

Might not be the particular tracks you are after though.......

[Guest Stuart T]

Cheap.? You've still got my trousers

Can you take this to freebasing please

[Supercorsa]

There are some things I would never sell for one reason or another but there are others which I have which I will never really listen to or have held on to thinking they will rise in value but I am thinking of selling them now before they are worthless.

What are your views.

So, are you saying you've kept them purely to make money? Why do you not just sell them for what you paid for them, that way you haven't lost anything?

[Craig W]

So, are you saying you've kept them purely to make money? Why do you not just sell them for what you paid for them, that way you haven't lost anything?

Yes and if I do sell them I will put them on Ebay with no reserve and whatever they fetch I will let them go at .

[Blake H]

Just look to the Doo wop/vocal groups scene. They are a generation in front of us. The records can (with very few exceptions) only get rarer. I sold up and regret it, borrow money at 7% and keep your records.BH

[Dave Abbott]

difficult question isn't it.

we're not collecting old masters or 18th century furniture - there's a limited market and we are basically it.

ergo, as we die off the value will drop because records will come back into circulation while, at the same time, there are fewer buyers.

basic supply and demand.

spot on Dan

[Dave Abbott]

Just look to the Doo wop/vocal groups scene. They are a generation in front of us. The records can (with very few exceptions) only get rarer. I sold up and regret it, borrow money at 7% and keep your records.BH

The records are as rare as they are. They cant get rarer unless people go around breaking a few. In fact some get more common if they are found. What will change as Dan so rightly put, IMO, is that the number of people wanting them will reduce, therefore, so will the price... i dont think that it'll be an overnight thing; but in years to come, certainly.

[Craig W]

Other things to be taken into consideration is now most of us have a good disposable income to spend but in the next 20 or so years will be drawing our pensions so there may not be so much to spend on records then even if you still have an interest in them. By then as well I cant see any younger generations having any kind of interest in this music.

[Guest]

. By then as well I cant see any younger generations having any kind of interest in this music.

Old age really can affect eyesight . Plenty of new blood right under your noses! We are counting the days to when all the geriatrics start selling up! All kidding aside, I have noticed a sharp price decrease the last 3 months or so. Been able to pick up a lot of things at almost half price!

[Headsy]

there are just as many people under 40 on the scene as over 40 IMO, so plenty of time..........start worrying in 25 years time.

the better/rarer stuff seems to be just the same price...more common stuff does seem to be getting cheaper,maybe people are just tidying up their collections and getting some money back in.

Edited October 18, 2005 by headsy

[Ady Potts]

Old age really can affect eyesight . Plenty of new blood right under your noses! We are counting the days to when all the geriatrics start selling up! All kidding aside, I have noticed a sharp price decrease the last 3 months or so. Been able to pick up a lot of things at almost half price!

Hello Mike

Have you & Tommy got a date for the "Central Soul Club" night yet?

Here's a case of two younger people promoting a soul venue, bet you wont get anyone the wrong side of 30 through the door.

Keep at it

[steve z]

there are just as many people under 40 on the scene as over 40 IMO, so plenty of time..........start worrying in 25 years time.

the better/rarer stuff seems to be just the same price...more common stuff does seem to be getting cheaper,maybe people are just tidying up their collections and getting some money back in.

Good point,I am nearly 53,Soul Sam (MARTIN) is a little older ,and still paying out for tunes at big money ,to thrill who? US! Cheaper items have always been available-but lesser known tunes-that dealers have not known ,for enthusiastic ears are still available.Have collectors and soulies become a little lazy? Stevie Z

[Guest]

I know it's hindsight, but hell I'd never ever sell my collection, what would be the point of 25 years listening, searching and fawning over these obscure marvels, am I missing the point, but I thought we collected these 45's/Lp's because we loved the pleasure they gave us.

Sorry Craig I know you're a nice fella, but why would you even think such a foul thought, I'm afraid I cannot understand anyone (ok unless your in serious financial shit and a family needs feeding...Jesus I'm not that callous) who would sell the whole "Enchilada" .........the thought is almost heresy.

Brett.still recovering from a bad case of the "Filthy Soaking Sweats"

Edited October 18, 2005 by Brett

[Craig W]

I know it's hindsight, but hell I'd never ever sell my collection, what would be the point of 25 years listening, searching and fawning over these obscure marvels, am I missing the point, but I thought we collected these 45's/Lp's because we loved the pleasure they gave us.

Sorry Craig I know you're a nice fella, but why would you even think such a foul thought, I'm afraid I cannot understand anyone (ok unless your in serious financial shit and a family needs feeding...Jesus I'm not that callous) who would sell the whole "Enchilada" .........the thought is almost heresy.

Brett.still recovering from a bad case of the "Filthy Soaking Sweats"

The point I'm making Brett is that I have a lot of soul records that I have sitting in big boxes in an upstairs bedroom that I will longer listen to for one reason or another because as you get older your tastes change with time. I am not contemplating selling the bulk of my collection far from it ,and will be adding to it but just bieng a little more selective and will just be weeding out the ones I dont want and getting a half decent price for them while I still can and someone else may have a little pleasure , rather than giving them away in 20 or so years time because no one wants them.

[Guest]

there are just as many people under 40 on the scene as over 40 IMO, so plenty of time..........start worrying in 25 years time.

the better/rarer stuff seems to be just the same price...more common stuff does seem to be getting cheaper,maybe people are just tidying up their collections and getting some money back in.

Im sure we proberbly said the same things 25yrs ago when i sold my records and a lot of other people did as well and here we are again! MMMMMMMMM what goes around comes around as they say

[Cheapsiderecords]

I have recently cashed in on the popularity of tracks like Jon Lucien, Marv Johnson, Merle Spears etc, stuff that I picked up but never really listen to.

There are tracks that will never be sold no matter how high they go, Soul Communicators, Willie Hutch etc etc

I personally think prices cant go much higher on some of the things that have found popularity recently but I have been wrong many times before.

[Guest]

Hello Mike

Have you & Tommy got a date for the "Central Soul Club" night yet?

Here's a case of two younger people promoting a soul venue, bet you wont get anyone the wrong side of 30 through the door.

Keep at it

Hey Ady, we start November 5th. Then every second saturday after that. Posted in events section. Plan on guest DJ'ing anytime soon?

[Derek Pearson]

I don't think prices have peaked yet, collectors & DJs will continue to pay the price with alot of moaning and groaning just like we do for petrol (and cigs if you're a smoker). I think what has changed is the way people spend their money - lets say for example you spend £100 on records a month when records were cheaper you might be 4 @ £25 or 2 @ £50. Nowadays because of the increased prices you might hold off buying those so-so records you quite like and wait till a real must have comes along. Those £10-15 cheapies which you used to buy blind are now £25-30 and you can't afford to be burning off money like that. Better to sit on it a while and wait to see what floats by.

Plus I think buying habits have changed simply because there isnt the volume of quality vinyl out there in good nick to be bought. At venues these days how many dealers have boxes of cheaper obscure stuff but have little in the way of quality oldies. Alright apart from Butch but he can be expensive.

derek

I sold 2 records through Ebay last month which I thought might have gone for a bit more (I'd checked on popsike for previous auction results). Syl Johnson red Special Agent £250 and Carol & Gerri MGM dj £200 both mint and the bidders weren't falling over themselves for them. Yes I did have a high reserve on both of them maybe that frightened some people off I don't know? Think I'd missed the boat pricewise with C&G as it was more in demand last year or so.

[Guest]

I think the real fear is with all the recent "finds". Lots of talk of about big records in big quantites. Danny Moore, Carol & Gerry, International GTOs, Royal Esquires etc.. whats next?? As for me I'd like to the market flooded with all these great records. Especially with copies of "Naughty Boy", which is supposed to have turned up. Hope so!!

I don't think prices have peaked yet, collectors & DJs will continue to pay the price with alot of moaning and groaning just like we do for petrol (and cigs if you're a smoker). I think what has changed is the way people spend their money - lets say for example you spend £100 on records a month when records were cheaper you might be 4 @ £25 or 2 @ £50. Nowadays because of the increased prices you might hold off buying those so-so records you quite like and wait till a real must have comes along. Those £10-15 cheapies which you used to buy blind are now £25-30 and you can't afford to be burning off money like that. Better to sit on it a while and wait to see what floats by.

Plus I think buying habits have changed simply because there isnt the volume of quality vinyl out there in good nick to be bought. At venues these days how many dealers have boxes of cheaper obscure stuff but have little in the way of quality oldies. Alright apart from Butch but he can be expensive.

derek

I sold 2 records through Ebay last month which I thought might have gone for a bit more (I'd checked on popsike for previous auction results). Syl Johnson red Special Agent £250 and Carol & Gerri MGM dj £200 both mint and the bidders weren't falling over themselves for them. Yes I did have a high reserve on both of them maybe that frightened some people off I don't know? Think I'd missed the boat pricewise with C&G as it was more in demand last year or so.

[Dave Moore]

Hello Mike

Have you & Tommy got a date for the "Central Soul Club" night yet?

Here's a case of two younger people promoting a soul venue, bet you wont get anyone the wrong side of 30 through the door.

Keep at it

WANNA BET!

Dave

https://www.hitsvillesoulclub.com/

[SteveM]

I don't think prices have peaked yet, collectors & DJs will continue to pay the price with alot of moaning and groaning just like we do for petrol (and cigs if you're a smoker). I think what has changed is the way people spend their money - lets say for example you spend £100 on records a month when records were cheaper you might be 4 @ £25 or 2 @ £50. Nowadays because of the increased prices you might hold off buying those so-so records you quite like and wait till a real must have comes along. Those £10-15 cheapies which you used to buy blind are now £25-30 and you can't afford to be burning off money like that. Better to sit on it a while and wait to see what floats by.

Agree with the above. Rather save and wait for a long time/desperate want, than an impulse buy or three at £30 - £50 etc.

[Ady Potts]

WANNA BET!

Dave

https://www.hitsvillesoulclub.com/

it's nice to have someone representing the wrinklys

[Guest Matt Male]

nm someone said it already

Edited November 1, 2005 by Matt Male

[Guest]

Maybe we can get AARP to sponsor the night now!

Just kidding! I think the younger guys are gonna have a hard time keeping up with the Daves'(Moore and Bywell) on the dancefloor! Nevertheless, I will be the last one out the door...again!

it's nice to have someone representing the wrinklys