Citizen P Posted October 9, 2007 Posted October 9, 2007 As an aside to thread "Cheap Rarities", how are these values arrived at.(I have asked before but never got an answer) Obviously, something is only worth what you're prepared to pay and the very rarest go for significant dosh. so is it one off £15k-----1000+ £15?? plus of course desirability, example Freddie Scott-I'll be Gone £10 tune for years, gets favourable press on here, jumps to £25. Just wondering is all ATB Tony
Guest Netspeaky Posted October 9, 2007 Posted October 9, 2007 As an aside to thread "Cheap Rarities", how are these values arrived at.(I have asked before but never got an answer) Obviously, something is only worth what you're prepared to pay and the very rarest go for significant dosh. so is it one off £15k-----1000+ £15?? plus of course desirability, example Freddie Scott-I'll be Gone £10 tune for years, gets favourable press on here, jumps to £25. Just wondering is all ATB Tony Rarity and Price are two different things, it can be rare and cheap, or indemand and pricey. If there's a buzz on it (demand) then price goes up due to demand, generally people paying over the odds just to own it today instead of waiting until tomorrow.
Prophonics 2029 Posted October 9, 2007 Posted October 9, 2007 (edited) Rarity and Price are two different things, it can be rare and cheap, or indemand and pricey. If there's a buzz on it (demand) then price goes up due to demand, generally people paying over the odds just to own it today instead of waiting until tomorrow. Its very nice having it yesterday but later on when every Tom Dick & Harry has one the its time to sell it. Price I thought is also deterimined by the amout of copys you see of a particular record per year or month, works well untill you through a Jack Montgomery into the equation every week. Edited October 9, 2007 by Prophonics 2026
Guest Netspeaky Posted October 10, 2007 Posted October 10, 2007 (edited) Its very nice having it yesterday but later on when every Tom Dick & Harry has one the its time to sell it. Price I thought is also deterimined by the amout of copys you see of a particular record per year or month, works well untill you through a Jack Montgomery into the equation every week. Agreed it's not a pure science, but majority of tunes aren't as rare as the price tag reflects it's demand that is the determinating factor. Get all the top DJ's to paly the same £5 common 45 for the next few gigs and the sheep will start paying £10, £15 £20 £25 for it with a short space of time. Classic example was Gene Chandler "Let Me Make Love To You" flip side was a minor pop/disco hit hundreds of copies everywhere you look, didn't stop the sheep paying way over the odds for it. Edited October 10, 2007 by Netspeaky
Chalky Posted October 10, 2007 Posted October 10, 2007 When around records for dunno how many years, buying selling, even just looking through lists, boxes, you soon learn what records are rare, what aren't and the sort of prices they are worth. If you have your ear to the ground so to speak, hear what is being played by who you soon realise the indemand or next indemand record and you can adjust your prices accordingly There's no logic at times though as to how some come up with the prices. But you can't always blame the seller. Ringleaders for instance numbers probably in the 1000's and yet it still fetches several hundred quid on ebay practically every week when it should be more like £50. There's plenty of other titles which exist in quantity that fetch daft money.
Soulcarp Posted October 10, 2007 Posted October 10, 2007 When around records for dunno how many years, buying selling, even just looking through lists, boxes, you soon learn what records are rare, what aren't and the sort of prices they are worth. If you have your ear to the ground so to speak, hear what is being played by who you soon realise the indemand or next indemand record and you can adjust your prices accordingly There's no logic at times though as to how some come up with the prices. But you can't always blame the seller. Ringleaders for instance numbers probably in the 1000's and yet it still fetches several hundred quid on ebay practically every week when it should be more like £50. There's plenty of other titles which exist in quantity that fetch daft money. can't agree more look at clara hardy on tuna at leased two a week on ebay and still fetcing top dollar even though someone made a hit
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