I’ve got about 4k albums and my collection would hit about $10 per, as an average. As a minimum, even. ie, about 50 records in the mix that street price out at ~$200-700.
I know someone who has about +10k albums and they would fetch about $20-30 per, minimum. If not notably higher. All blues-jazz originals, for the most part. I mean, I could go to his house, pull a record randomly, blindfolded, and be looking at a street price of $25-50, for just about any one of them. He’s got many a $500 record, just due to rarity alone.
the fact that these records are held is part of their valuation in current times. If the market becomes flooded with the desirable albums, then their values plummet dramatically. Which is what happens when the senior collectors start to really get the boot from the planet.
They say that there is a huge high priced real estate glut coming in the US, as the baby boomers all sell off, and move to retirement homes. Approximately 21 million high value homes, they say. (just some light reading, never really did more than skim the article)
I know someone who has about +10k albums and they would fetch about $20-30 per, minimum. If not notably higher. All blues-jazz originals, for the most part. I mean, I could go to his house, pull a record randomly, blindfolded, and be looking at a street price of $25-50, for just about any one of them. He’s got many a $500 record, just due to rarity alone.
the fact that these records are held is part of their valuation in current times. If the market becomes flooded with the desirable albums, then their values plummet dramatically. Which is what happens when the senior collectors start to really get the boot from the planet.
They say that there is a huge high priced real estate glut coming in the US, as the baby boomers all sell off, and move to retirement homes. Approximately 21 million high value homes, they say. (just some light reading, never really did more than skim the article)