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Record Prices - Is It Me Or Have They Gone Mad?


paultp

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Lets see what happens once Manships new price guide hits the streets.

Think the clue is in the name. GUIDE. Having spoke to John, he told me that his prices are based on his data base of sales in the past. Now the problem is not everyone would pay those prices and are taking the word guide somewhat out of context. Ive know plenty of people who have paid over the odds for records over the years, but that dosn`t mean everybody does. And in this day and age, with all the search media available, its getting a bit like buses, wait long enough and yours will come along. And what do we base record prices on? what they`ve sold for in the past? that ones flawed, as we never know whats gonna turn up. Personally its as is the other "guides" an information tool.

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Times are tough, people are chancing their arm - I know one lad who puts stuff up on Ebay from his collection at silly prices, knowing that if anyone bites he buys one back at a third of what he got for his.....stupidity or good business??

You can put a record up for 1 million pounds, wether it sells is a complete other matter.

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must say, I too noticed a price rise. only on ebay though and mainly only for classic rarities. had a chat with butch the other day about it and he came up with what I think is a good explanation: not that many good titles (left) that hit ebay these days so more willing buyers jump on the same limited number of items = price rise.

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As I've said here before and other places many times, good rare records in most genres will continue to rise in price and I don't see it changing within a generation.

Yes but how can a record go up by nearly double the price and be less grade.

I sold Jo hicks (DIMYFF) on here in Ex clean labels for £75 the guide rate approx - Yet a dealer has it for £130 in less grade with writing on the label! When I questioned him about it he said he had to pay 5 people out of his profit! I said it was distorting the market . I then asked him what he would give me for Gene Woodbury Ever again as I wanted to see what a dealer would offer and see the amount difference between what he would offer me / The price guide amount and what he would sell for based on his price re Joe Hicks - He never responded and they sell on here I think!

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Most of the record shops or shops who also sell records besides other stuff in the states have only the manship guide. Most of the times they don´t have their records priced and if you ask them, they pull out the guide...what I want to say is: most of the us dealers dont have clue what the 45 goes for here in europe - probaply its the same with the us ebay dealers...funk it!!!!!

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I know record prices are something that are tough to work out as you only need one buyer willing to pay what you ask in order to sell a record, but at the moment it seems that people are putting ever more ludicrous prices on records in the hope that somebody will bite.

Ebay (US & UK) is full of Buy It Now listings at double or treble what I would think is a reasonable price, particularly for records in poor condition.

Without highlighting specific examples (no need - use google), this is also true of some UK web sites where records are again up to double the price they should sell at IMHO.

Do people not want to sell the records or are there enough people daft/rich enough to just pay anything for a record they want?

I don't mind coughing up for a record but I won't pay a silly price just to get hold of something.

Is it just that I'm a tight Yorkshireman or does anyone else feel record prices are silly?

HI PAUL,

Much of what you are saying is very true to form as what e-bay is about at the moment. Butch seems to have the right angle on this one with his informed opinion.

AND YES..........You are a tight Yorkshireman like all the others-myself included...LOL

ROY

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Guest sharmo 1

O.K chap's what about this then.Last weekend at Southport there were eight or ten regular soul night/ nighter dealers there were thousands of records for sale between us and all of us had bargains available we all flicked through each others stock and agreed we had the cheapest records on the scene .only one of us took over a hundred quid all weekend and two took nothing at all so work that one out regards Desperate Dan.

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O.K chap's what about this then.Last weekend at Southport there were eight or ten regular soul night/ nighter dealers there were thousands of records for sale between us and all of us had bargains available we all flicked through each others stock and agreed we had the cheapest records on the scene .only one of us took over a hundred quid all weekend and two took nothing at all so work that one out regards Desperate Dan.

thats my perception of things as well. If people are getting high prices for records they are few and far between. Its getting realy hard to sell records even at fair prices.

I sold nothing of my last list on here if that same list with same prices went out 18 or 24 months ago a good few would have sold.

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even on the sales page on here some records are overpriced...do not sell...a week later reposted without any discounts...dont sell...a week later reposted without any discount...and so on

then there are those few big oldies that fetch stupid ammounts on ebay...maybe the reason for above

while ive put a list up of decents tunes all well under book..sold a couple...reduced more...sold a couple...but loads will go unsold..maybe everybody has them...maybe all those buying £10-20 records are buying boots of the big tunes above

strange times indeed

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even on the sales page on here some records are overpriced...do not sell...a week later reposted without any discounts...dont sell...a week later reposted without any discount...and so on

this has been happening at least since I joined the site in 2006

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thats my perception of things as well. If people are getting high prices for records they are few and far between. Its getting realy hard to sell records even at fair prices.

I sold nothing of my last list on here if that same list with same prices went out 18 or 24 months ago a good few would have sold.

des, dylan, absolutely right. I can confess that sadly it isnt affecting my sales neither LOL. thats why I said "on ebay only". reason must be that on ebay the amount of your possible customers is maximized whereas at an allnighter you only have those 50, 150 or whatever amount of people is inside as your potential buyers.

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Guest gordon russell

Then why do some dealers who auction records seem to always get loads more money for records than they're considered worth......seems rather odd........don,t really trust auctions myself, they are not transparent enough and i,ve heard of some right strokes being pulled

Edited by gordon russell
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Couldn't believe my eyes when I saw this. I always thought it was a pleasant £25 crossover tune. Has Butch been speeding it up and giving it some serious nighter plays?

https://www.ebay.com/...=item2ec2777c68

This has got dodgy bidding all over this,going by the price. :ohmy::hypo: . Not sure if seller been stitched up by the usual `bid em up from France` mob :wave: .

By the way ,seen the condition vg.. :facepalm:

Edited by Hammersoul
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Couldn't believe my eyes when I saw this. I always thought it was a pleasant £25 crossover tune. Has Butch been speeding it up and giving it some serious nighter plays?

https://www.ebay.com/...=item2ec2777c68

Ridiculous! agree, a relative cheapie, £50 tops in my book (outstanding as it is) $800 is a joke! but look at the bidders, only three. One at a healthy $33 a new account at $800 and a private bidder at $810???? dodgy!!

steve

Edited by Edge
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This has got dodgy bidding all over this,going by the price. :ohmy::hypo: . Not sure if seller been stitched up by the usual `bid em up from France` mob :wave: .

By the way ,seen the condition vg.. :facepalm:

Seller is bona fide imho. bought loads of bargains for buttons from him in the past. some of which ive been offered comparatively silly money for by soulies, some figures that have baffled me. Possibly silly buyers that are the problem, boys.

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I know record prices are something that are tough to work out as you only need one buyer willing to pay what you ask in order to sell a record, but at the moment it seems that people are putting ever more ludicrous prices on records in the hope that somebody will bite. Ebay (US & UK) is full of Buy It Now listings at double or treble what I would think is a reasonable price, particularly for records in poor condition. Without highlighting specific examples (no need - use google), this is also true of some UK web sites where records are again up to double the price they should sell at IMHO. Do people not want to sell the records or are there enough people daft/rich enough to just pay anything for a record they want? I don't mind coughing up for a record but I won't pay a silly price just to get hold of something. Is it just that I'm a tight Yorkshireman or does anyone else feel record prices are silly?

I'm finding just the opposite, both buying and selling. I'm finding I can get stuff a lot cheaper than 3 years ago, a lot cheaper. I feel like all those returning soulies who drive prices up are now selling as they approach their retirement age and other things are more important nowadays. You can ask what you want, it's what is sells for that counts :yes:

Edited by Chris L
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I know record prices are something that are tough to work out as you only need one buyer willing to pay what you ask in order to sell a record, but at the moment it seems that people are putting ever more ludicrous prices on records in the hope that somebody will bite.

Ebay (US & UK) is full of Buy It Now listings at double or treble what I would think is a reasonable price, particularly for records in poor condition.

Without highlighting specific examples (no need - use google), this is also true of some UK web sites where records are again up to double the price they should sell at IMHO.

Do people not want to sell the records or are there enough people daft/rich enough to just pay anything for a record they want?

I don't mind coughing up for a record but I won't pay a silly price just to get hold of something.

Is it just that I'm a tight Yorkshireman or does anyone else feel record prices are silly?

havent they always been barmy,just more barmy now :D
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I have found some good stuff cheap recently on Ebay all Excellent nick

Supremes - Stoned Love (Long intro) on YesterYear: £3

Little Anthony - It's not the Same USA Veep: £4

Marvin and Tammi - Ain't No Mountain USA Tamla: £1

Maxine Brown - Yesterdays Kisses Wand: £1.65

Gene Chandler - I Can Take Care of Myself USA Constellation £4

The Spellbinders : MAGIC OF LP £9.72

plus many others, you do have to hunt for some of them but they are out there.

I even nabbed an original Sam Dees "Lonely For You Baby" in a job lot, the whole lot came to £40 condition is only VG+ but I am happy

Edited by jim g
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Guest sharmo 1

Nothing personal but my perception is that maybe you and your dealer friends are not as cheap as you think.

Having been a seller myself for a long time who was fair and reasonable now as a buyer I find very few bargains especially in the clubs.

ROD

Hi Rod good points but all my reissues are brand new and alway's a couple of quid cheeper than most my £5.00 each or 5 for £20.00 are good with records like jimmy robbins ect regulary in stock.However there's a point where i've had enough and to be candid with you that's not far off regards Simon.

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I have found some good stuff cheap recently on Ebay all Excellent nick

Supremes - Stoned Love (Long intro) on YesterYear: £3

Little Anthony - It's not the Same USA Veep: £4

Marvin and Tammi - Ain't No Mountain USA Tamla: £1

Maxine Brown - Yesterdays Kisses Wand: £1.65

Gene Chandler - I Can Take Care of Myself USA Constellation £4

The Spellbinders : MAGIC OF LP £9.72

plus many others, you do have to hunt for some of them but they are out there.

I even nabbed an original Sam Dees "Lonely For You Baby" in a job lot, the whole lot came to £40 condition is only VG+ but I am happy

The best £4 anybody could ever spend.

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Guest allnightandy

Went into a Charity shop yesterday for a browse-as you did.

Kinnell, should see what they're wanting.

T

I know 5/- for a pair of flairs and a tank top Outrageous ! :lol:
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Seller is bona fide imho. bought loads of bargains for buttons from him in the past. some of which ive been offered comparatively silly money for by soulies, some figures that have baffled me. Possibly silly buyers that are the problem, boys.

Think Steve put it in a nutshell re dodgy buyers,one genuine at $33 rest silly bids.I think i`ve bought off this seller before without any probs. My mate(a member on here) had a similar problem with a few low feedback clowns from France bidding silly prices on his auctions. Spoke to a few U.s sellers who have had same problem,there now banning all French sellers with low feedback.

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I'm finding just the opposite, both buying and selling. I'm finding I can get stuff a lot cheaper than 3 years ago, a lot cheaper. I feel like all those returning soulies who drive prices up are now selling as they approach their retirement age and other things are more important nowadays. You can ask what you want, it's what is sells for that counts :yes:

I think I should clarify my original post, I meant the prices that people ask for records rather than what you can pick up if you look. I didn't mean the daft prices that some things get bid up to on ebay either.

You would think that with dealers being able to put lists up on the internet and reach a bigger market they would want, and have, a greater turnover of records but what has happened is that dealers put records up for sale at the maximum price that they think they can get away with in the hope that there is someone who will pay it. Unfortunately there probably is the odd one but so many sites have the same records up month in month out.

I'm still picking up bargains, same as everyone I suppose, but it would be nice to look at a dealers site and think "yeah, thats not too bad, I'll have that" rather than having to sit down with a cup of tea to get over the shock of the prices. And rather than have to see the same record still sitting there month after month.

I could give an example of a well known record that is VG+ and on a dealers site for £250, I got one the other day for $95, VG+. Book price for the record is £200 and presumably that means for a mint one. I'm not going to name names because it isn't fair on the dealer (and he might not sell me records in the future) and I haven't got mine yet and it might be a dodgy VG+ :D . Another example is something that has been advertised on here at £100 quite recently - after hearing it and thinking "that's good, but not a ton" I got one this week for $39.99 (and a demo at that).

I would think that are a good few records sitting for sale on dealers sites that I and others would consider buying if they were not at such silly prices. Maybe the flow of good records is slowing to a standstill so people want dollar for what little stock they have?

I just know that when I have some money and hear a record I like I will buy it if I think the price is reasonable, otherwise I wait for one to come along and they usually do.

So I wasn't just moaning about high prices generally, I was moaning about unreasonable set sale and ebay Buy It Now prices. :thumbsup:

Cheers

Paul

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Think Steve put it in a nutshell re dodgy buyers,one genuine at $33 rest silly bids.I think i`ve bought off this seller before without any probs. My mate(a member on here) had a similar problem with a few low feedback clowns from France bidding silly prices on his auctions. Spoke to a few U.s sellers who have had same problem,there now banning all French sellers with low feedback.

haha....stunning to see this. That was my last bid at 33....thought I had a decent chance too with the condition of the record. Oh well , only 730 odd dollars short! Have to say that this guy is a quality seller. Bought loads of 45s off him/her over the last few years...many in less than great condition , but very cheap.

I'm, having a good little patch on ebay at the moment ...plenty of great records ending under $20 (my current range)...pretty happy with this one last night:)

https://www.ebay.com/itm/321006453027?ssPageName=STRK:MEWNX:IT&_trksid=p3984.m1497.l2649

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