Vinyl sales

@ oblgny

In 1970 the Lp prices were 5.99 to 6.99 each!

Taking inflation into account, Today that is $36.94 to $43.10.

How were Lps cheaper in 1970?

In late 70's I purchased a  number of Mo-Fi's for around $16.00.  I also bought two UHQR's at $50.00 a pop.  I thought I was nuts then...this was huge money, but I was into the hype of 1/2 speed mastering, virgin vinyl, limited editions.  Lps sales today, with claims of pressing plant issues and limited numbers of pressings, likely deserves to be in the $18-25.00 range. I recently read that Acoustic Sounds, along with others will distribute reel to reel tapes starting at $250.00 per.  Responses of interest has been favorable.

Regardless of the well intentioned inflationary comparative offered below I never felt as pinched spending $5.99-$6.99 on vinyl back in the "good old days" as I do now spending $20 and up.  Personally I buy all 3 formats regularly without disparaging one format over another - my cd collection exceeds my vinyl even after pretty much mirroring every LP that I own. 

My nieces and nephews are perfect examples of how most music is purchased today -their various phones and tablets contain more of their music than their cd collections do, and their cd "collections" are pretty much best-of collections, nothing anyone here would consider a library. They also listen to streamed services instead of radio which I have yet to warm up to. They want XM in their cars and their "stereos" are portables - sheesh!
They enjoy listening to my turntable when they're visiting my house but neither has so far felt compelled to purchase one for themselves. 

It is GREAT indeed to see vinyl doing better now, rather heartening indeed - and now reel-to-reel is coming back???  

Long were the hours I spent making party reels from my LP collection...