Record Prices

[Guest]

just a passing thought but in a few years when 'our' generation has passed on or become old and grey and sickly if no newcomers to the scene are staying or have been and gone for whatever reasons or if the techno philes are all ito mp3's or whatever format then etc...... whatever the scenario you get my drift.

Will the prices for records still be valid or if this generation of collectors passes by will anyone still want to buy the sounds?

i may not have written this to clearly but i hope you get my meaning.

i mean picasso still sells dont he and van gogh but 45's???

just a thought.

[Guest Stuart T]

Truth of the matter is that prices have already collapsed and everything is worth approximately 50% of whats in the price guides already. Time for everyone to sell up. You can email me your appropriately priced sales lists through a personal message. Nobody else will be interested.

[Craig W]

The only ones interested in them in 30 or 40 years time will be those who inherit them , and their only interest is how much they will get for them if anything. They wont be kept for sentimental reasons either , believe me.

[Guest]

Truth of the matter is that prices have already collapsed and everything is worth approximately 50% of whats in the price guides already. Time for everyone to sell up. You can email me your appropriately priced sales lists through a personal message. Nobody else will be interested.

i suppose i better just give you my frank wilson promo then

[Guest]

The vast majority of all records that are now expensive will plummet in value sooner or later. I think the chance of records keeping their value for years to come is slim to non-existent. Less demand = less value, it is as simple as that. There is a collector base for some records, but the VAST majority of all demand comes from the UK rare soul scene, and that scene is not really getting any bigger or younger.

[Guest Stuart T]

i suppose i better just give you my frank wilson promo then

Probably best, at least you could then use the tax loss in an efficient manner.

[Guest Dan]

They wont be kept for sentimental reasons either , believe me.

not sure i agree with this actually craig, particularly if (actually, when) prices do collapse - who's going to sell something he paid £500 for for £50, apart from anything else? anyway, i'll keep mine unless i can't keep my roof.

i do think it will be really interesting to see how the price fall happens. probably the sort of thing that a professor in some uni would like to study as a way of showing crowd behaviour.

it's a fine psychological line: go too soon and you might regret losing your records, whatever you get for them; wait too long and you might not be able to give them away.

right now people are like wildebeest jostling at the edge of the river, waiting to see who goes first: ideally you want to go just before the rest of the herd do (it's not a strictly transferrable analogy).

*anyone reading this with a walter and the admerations to sell (just missed one ): waaaagggh! uuuurrrghh! oh no! watch out! the market's collapsing

[Chris Anderton]

I believe the only parralell we can drew is from the US group collecting scene. this used to be a vibrant and very competetive scene, much like the Northern scene in the UK,but a few years ago so many collectors died, the market became flooded with an abundance of quality pieces and the bottom fell out of the market. Now there are just 3 big group collectors in the US who have almost every big record they ever wanted and the only time a record goes for big money is when someone finds a record that 2 of them want and gets them bidding against each other.

The main difference of course is that the Northern scene is a social and dance scene wheras the group collecting scene was much more like collecting stamps!

Chris

[Guest]

I believe the only parralell we can drew is from the US group collecting scene. this used to be a vibrant and very competetive scene, much like the Northern scene in the UK,but a few years ago so many collectors died, the market became flooded with an abundance of quality pieces and the bottom fell out of the market. Now there are just 3 big group collectors in the US who have almost every big record they ever wanted and the only time a record goes for big money is when someone finds a record that 2 of them want and gets them bidding against each other.

The main difference of course is that the Northern scene is a social and dance scene wheras the group collecting scene was much more like collecting stamps!

Chris

superb posts and all generally reaching the same conclusion.

[Guest taffy]

I believe the only parralell we can drew is from the US group collecting scene. this used to be a vibrant and very competetive scene, much like the Northern scene in the UK,but a few years ago so many collectors died, the market became flooded with an abundance of quality pieces and the bottom fell out of the market. Now there are just 3 big group collectors in the US who have almost every big record they ever wanted and the only time a record goes for big money is when someone finds a record that 2 of them want and gets them bidding against each other.

The main difference of course is that the Northern scene is a social and dance scene wheras the group collecting scene was much more like collecting stamps!

Chris

SAME THING HAS HAPPENED IN BELGIUM WITH THE POPCORN SCENE.THE COLLECTING AND DANCE/SOCIAL SIDE HAS ALL BUT DISAPPEARED.

[pikeys dog]

SAME THING HAS HAPPENED IN BELGIUM WITH THE POPCORN SCENE.THE COLLECTING AND DANCE/SOCIAL SIDE HAS ALL BUT DISAPPEARED.

So what exactly does that leave then?

[Guest Dan]

So what exactly does that leave then?

that would leave the sitting round talking about the old days scene

[Guest taffy]

So what exactly does that leave then?

A LOT OF NORTHERN SOUL IN BELGIUM SITTING IN COLLECTIONS GOING NOWHERE

[Chris Anderton]

I have heard that there are going to be some tasty collections up for sale before the end of the year but i think the prices will stablise over the next year or so and reach a sensible level. I think the scene has at least another ten vibrant years, after all its not like people are dying on a weekly basis and leaving collections to sell.

Personally, my records, although worth twice as much as my house, owe me nothing, I did not buy them as an investment and i`ve never paid over 300 for one single item, most I gathered on my trips to the US and i`ve had so much fun with them over the last 16 years they mean more to me than just the current price on a list or in a price guide!

As a footnote, I have been dabbling and dealing records by running my list for the last 2 years and last month I had my busiest month since I started!

Chris.