How many million pound + collections

[Russoul1]

Hi all, got thinking about how collections have gained values over recent years, and got me wondering how many collections out there are worth more than a million pounds, got to be a few sitting on a real gold mine.

Also must be a fair few collections in the hundred/s thousands.....

Discuss....

[Tomangoes]

I don't want to be a millionaire, I just want your tender loving care, thats enough for me.

Seriously, I'd say 50, and no more.

 BUT...the real dilemma is that would you play your ten grand tunes or keep them in the birth sleeve?

Sooner or later with rising prices, OVO will be a thing of the past....unless its ex chart records.

The irony of it all.

Ed

[Mssoulie]

We'll never know because the real collectors aren't DJs and probably aren't even known on the scene. Also as has been said many times on here what about the records people didn't go back for on trips to the states many years ago. Are they all in peoples basements and sitting there worth millions but the family of the passed record collectors have no knowledge of even care about those rubbish records that nobody ever wanted?????

 

[El Corol]

40 minutes ago, Tomangoes said:

 

 BUT...the real dilemma is that would you play your ten grand tunes or keep them in the birth sleeve?

Sooner or later with rising prices, OVO will be a thing of the past....unless its ex chart records.

The irony of it all.

Ed

That’s an interesting point you make Ed.

I’m not sure OVO will be a thing of the past because of the sheer amount of cheaper records that are around in quantity, maybe? But playing the big sounds, well yes potentially that may be limited. Will we ever see the likes of The Ritz “Rarest of the Rare” again?

[Tomangoes]

You often see JM advertise "unplayed" mint condition....sacralige! ....unless you want to keep or increase its ten grand value:)

If I had a dozen of those, and I dj'd...(first time since 76 at the youthy) id be minded to play an mp3 etc.

Ed

[Chalky]

This forum gets more and more obsessed by the money involved in certain records.  Million pound collections, 1000 quid records, how mich will X fetch at auction.

It no longer seems to be about the music for some?

There are far far more affordable records than expensive.  Records you can Dj with, records you can simply enjoy. 

[Tomangoes]

Indeed...plenty of topics regarding best records for under twenty quid etc...

Ed

[Chalky]

As for how many who knows? No one knows who has what and where. The collecting of soul records is a tiny dot in the vinyl collecting world. 

[Steve G]

The reality is no ones collection is worth a million (or indeed why stop there - much more in some cases) unless they can realise that sum on selling them. I can't think of anyone who is going to spend £1m+ on someone's collection. Therefore it is nothing more than an 'on paper' value for anything other than insurance purposes. Even if you started selling all the items in your collection two things would emerge very quickly:

1) it would take an age to shift all the big "value" items, and some wouldn't sell.

2) a lot of items have zero value because you won't be able to shift them at all. You've only got to look at some sales boxes to realise how stale many of them are.

Anyway, even the most ardent of collectors don't know all the other collectors globally or what other collectors have in their boxes / record rooms / lock ups etc.

Can we just get back to enjoying the music rather than constantly fretting about prices and values? 

Love to all X

 

[Solidsoul]

11 hours ago, El Corol said:

That’s an interesting point you make Ed.

I’m not sure OVO will be a thing of the past because of the sheer amount of cheaper records that are around in quantity, maybe? But playing the big sounds, well yes potentially that may be limited. Will we ever see the likes of The Ritz “Rarest of the Rare” again?

O.v.o will be around a long time yet! 

Never underestimate the power of the super ego!☺

I suppose o.v.o  holds things on an even keel. It keeps the novice totally inexperienced Tom, Dick and Harry from dj'ing at the big venues!

Edited October 29, 2021 by D9 Ktf

[Chalky]

Steve is spot on.  You may have 100.000 ten quid record but you would never sell the vast majority.  The collectors either have these cheap common records r don’t want them.

The number of expensive almost unaffordable records in our world is tiny compared to the amount of affordable.  Concentrate on some of the cheaper stuff, the scene for one would be far better for it.

[Marktsoulman]

10 hours ago, Russoul1 said:

Hi all, got thinking about how collections have gained values over recent years, and got me wondering how many collections out there are worth more than a million pounds, got to be a few sitting on a real gold mine.

Also must be a fair few collections in the hundred/s thousands.....

Discuss....

Not sure any collection will be a goldmine in the future.... who is going to buy them after we have passed? The younger guys are often happy with any format. It's just the tune. They would ask "why pay a kings ransom if it sounds the same"? They do not seem to get the same buzz of seeing an original tune like Gwen Owens, Don Gardner, Salvadors etc... This is proven by some of the younger DJ's spinning CD's and even iPods.... I am not saying ALL... but many could not care. My point is...where will the market be? I would suspect a few collectors feel the same which is why they are shifting some of these tunes while they can?

I hope I am wrong!

Mark T

[Winsford Soul]

10 hours ago, El Corol said:

That’s an interesting point you make Ed.

I’m not sure OVO will be a thing of the past because of the sheer amount of cheaper records that are around in quantity, maybe? But playing the big sounds, well yes potentially that may be limited. Will we ever see the likes of The Ritz “Rarest of the Rare” again?

I would love to see a similar set up to the Ritz Rarest of the rare. They where fantastic.  Perhaps a one off type  like the Stafford reunion event a few years ago would work. Promoters  ...... Over to you . 

Regarding the million dollar/ pound collection I personally don't care who has what or why. As Karl says it's all about the music not the over inflated prices that we see weekly on auction sites  

Ste

[Leicester Boy]

Always believed records are to be played and enjoyed.  Good luck to collectors but get it on the turntable and enjoy it.

[Steve G]

11 minutes ago, Leicester Boy said:

Always believed records are to be played and enjoyed.  Good luck to collectors but get it on the turntable and enjoy it.

Some of us collectors do exactly that. 

[Stanley]

northern soul collectors and dj,s all over the world now , hard to see how its all going to stop the vinyl junkie must have in the short to medium term....

[Soulsearch]

16 minutes ago, Stanley said:

northern soul collectors and dj,s all over the world now , hard to see how its all going to stop the vinyl junkie must have in the short to medium term....

Not necessarily "Northern" soul??? - there are other DJs and collectors interested in other Genres - It seems ALL soul currently wherever you look is "Northern" soul???? - just saying  

[Soulsearch]

2 hours ago, Marktsoulman said:

Not sure any collection will be a goldmine in the future.... who is going to buy them after we have passed? The younger guys are often happy with any format. It's just the tune. They would ask "why pay a kings ransom if it sounds the same"? They do not seem to get the same buzz of seeing an original tune like Gwen Owens, Don Gardner, Salvadors etc... This is proven by some of the younger DJ's spinning CD's and even iPods.... I am not saying ALL... but many could not care. My point is...where will the market be? I would suspect a few collectors feel the same which is why they are shifting some of these tunes while they can?

I hope I am wrong!

Mark T

Completely agree with this statement, i made this point earlier - where will the "new" collectors be? there will be some of course but things will be very very different IMHO  

[Chalky]

2 hours ago, Winsford Soul said:

I would love to see a similar set up to the Ritz Rarest of the rare. They where fantastic.  Perhaps a one off type  like the Stafford reunion event a few years ago would work. Promoters  ...... Over to you . 

Regarding the million dollar/ pound collection I personally don't care who has what or why. As Karl says it's all about the music not the over inflated prices that we see weekly on auction sites  

Ste

But even back then the Rarest of the Rare, you heard those records every week, even more so now. 
 

How about a not so rarest of the rare, records under £50, I don’t mean what you paid 40 years ago or getting lucky with a wrongly catalogued ebay buy, genuine cheap records everyone can hear and then go and buy. 
 

Nothing gave me greater pleasure than playing some cheap record, someone asking what it was and an hour later they returned with a smile on their face having bought one in the record bar.  That’s what it is all about for me. 

Edited October 29, 2021 by Chalky

[Leicester Boy]

46 minutes ago, Steve G said:

Some of us collectors do exactly that. 

Absolutely sure you do, wasn't having a pop .

[Pga1]

Most of my records are cheap and I think most times I play out someone always comes up and asks or these days take a picture and I say it's only a tenner pal, cheers

[Simon T]

3 hours ago, Steve G said:

The reality is no ones collection is worth a million (or indeed why stop there - much more in some cases) unless they can realise that sum on selling them. I can't think of anyone who is going to spend £1m+ on someone's collection. Therefore it is nothing more than an 'on paper' value for anything other than insurance purposes. Even if you started selling all the items in your collection two things would emerge very quickly:

1) it would take an age to shift all the big "value" items, and some wouldn't sell.

2) a lot of items have zero value because you won't be able to shift them at all. You've only got to look at some sales boxes to realise how stale many of them are.

Anyway, even the most ardent of collectors don't know all the other collectors globally or what other collectors have in their boxes / record rooms / lock ups etc.

Can we just get back to enjoying the music rather than constantly fretting about prices and values? 

Love to all X

 

Agreed.

I wonder if we'll ever see a 'northern soul records' equivalent of this post on Wikipedia?

https://en.wikipedia.org/wiki/List_of_stolen_paintings

[Keamus]

Think we need a revisit to best records around for less than £20.

Everyone knows the big ticket items, but sure there’s loads of unknowns at the other end of the scale.

Edited October 29, 2021 by Keamus

[Simon T]

32 minutes ago, Keamus said:

Think we need a revisit to best records around for less than £20.

Everyone knows the big ticket items, but sure there’s loads of unknowns at the other end of the scale.

last weekend i was going through some old CDs and found a load from a CD swap on SS where the top value of the record was something like £20 - maybe that should be revisited (but no doubt the £20 tag is £100 now!)

i think there was even a niter with the same ethos, but i don't know if it was ever repeated?

[Kenb]

It's How Much...

[Soulman58]

9 hours ago, Chalky said:

This forum gets more and more obsessed by the money involved in certain records.  Million pound collections, 1000 quid records, how mich will X fetch at auction.

It no longer seems to be about the music for some?

There are far far more affordable records than expensive.  Records you can Dj with, records you can simply enjoy. 

Spot on Chalky, it's what's in the grooves that counts.

[El Corol]

14 hours ago, Chalky said:

This forum gets more and more obsessed by the money involved in certain records.  Million pound collections, 1000 quid records, how mich will X fetch at auction.

It no longer seems to be about the music for some?

There are far far more affordable records than expensive.  Records you can Dj with, records you can simply enjoy. 

Realistically for the majority I think the music still comes first, but there’s a lot of people sitting on records with current values that would never have dreamed they might be worth what they are, so yes money becomes a bigger issue than ever before. The scene has always had a big element of oneupmanship (not John Manship) and cost of the record was often a part of that as much as if not more than rarity. I remember many times talking to collectors and sellers at do’s and the first thing said about a record was about its cost (in a boastful way) as opposed to rarity or commonness, that usually followed, if at all. It still goes on, how many times do you see on here and Facebook (especially) a thread about the cost of a record and the “one in my box” comments follow straight away. Or in a less blatant way, say a story about how they found one in the States in the 80s etc. Less blatant but the message is the same “Look What I Got” . And you see lots of those same people commenting it’s all about the music in other threads. I remember an older (than me) collector saying to me in the early 80s the scene is all about money. Not much has changed but the actual cost of the records.

Edited October 29, 2021 by El Corol
Grammar

[Lionelonthevinyl]

38 minutes ago, El Corol said:

Realistically for the majority I think the music still comes first, but there’s a lot of people sitting on records with current values that would never have dreamed they might be worth what they are, so yes money becomes a bigger issue than ever before. The scene has always had a big element of oneupmanship (not John Manship) and cost of the record was often a part of that as much as if not more than rarity. I remember many times talking to collectors and sellers at do’s and the first thing said about a record was about its cost (in a boastful way) as opposed to rarity or commonness, that usually followed, if at all. It still goes on, how many times do you see on here and Facebook (especially) a thread about the cost of a record and the “one in my box” comments follow straight away. Or in a less blatant way, say a story about how they found one in the States in the 80s etc. Less blatant but the message is the same “Look What I Got” . And you see lots of those same people commenting it’s all about the music in other threads. I remember an older (than me) collector saying to me in the early 80s the scene is all about money. Not much has changed but the actual cost of the records.

Excellent post....people have always talked about cost...rightly or wrongly, but folk always have...mind you, equally, the people I knock about with also say..I picked this up for £10...have a listen.. great record!! Which is how it should be...at some of the rare under played nights you will listen to beauties at very little cost...thank you..Rob

[Baz Atkinson]

When I started buying records late 1978 I bought certain labels like Ric Tic etc because there were supa cheap and full of quality etc . 
Right the way through to the early nineties a lot of people on the scene were not too obsessed with out and  out rarity but just quality . Nice stuff demanded decent prices but the price was never in the spotlight like it is now . 
Three reasons have amplified this the first been the for Millionaires Only Cds and the Rare of the Rare dos which basically said these records are dog rare and worth xxxx etc . The real irony of this was first these records were mainly played at the casino from 78 and the market was still finding its feet in that marketplace at the time regarding price , I saw records quoted for silly prices then that I was still picking up relatively competitively, my mates were also . 
The third is auctions and social media taking the music to a different geographic, backed by media spotlight and the romance attached to owning the next big thing . 
I collect what I like but a scene that has punters paying inordinate money for The Aquamen etc has to be seriously missing the point . That is 95 per cent of black music is still under £10 and awe inspiring if you question this go out and buy anything by say the Soul Children On Stax and compare it to Bill Bush . If you have an once of soul you will get it ?