uberwaltz
The premium LP market really began around the mid-’70s with labels such as MoFi, Nautilus, and Sheffield, and coincided with the nascent hi-end audio industry that companies such as ARC and Mark Levinson were defining. At the time, most of those records cost around $20 - sometimes a little more, sometimes a little less. That was a lot of money back then, when the list price for a new LP was typically $6.98 and could be bought on sale at Sam Goody or Korvette’s for about $4.
Using the government’s inflation calculator, that $20 premium record in 1975 would cost about $100 today. So a two-LP box set at $125 isn’t such a crazy price. I’m sympathetic to those who think that price is too steep - I’ve never spent more than $50 for any LP - but it isn’t really accurate to claim it as an example of an "ever increasing spiral of pricing on new and remastered lps."
three_easy_payments
.... I can agree with the sentiment in general on the ever increasing spiral of pricing on new and remastered lps.Parts of our little hobby have always been pricey, so it can be amusing when some object. That’s particularly true in this instance if you consider the facts.
Obviously demand and it being a still booming niche market has a big effect on pricing but $100+ for new records? ...
The premium LP market really began around the mid-’70s with labels such as MoFi, Nautilus, and Sheffield, and coincided with the nascent hi-end audio industry that companies such as ARC and Mark Levinson were defining. At the time, most of those records cost around $20 - sometimes a little more, sometimes a little less. That was a lot of money back then, when the list price for a new LP was typically $6.98 and could be bought on sale at Sam Goody or Korvette’s for about $4.
Using the government’s inflation calculator, that $20 premium record in 1975 would cost about $100 today. So a two-LP box set at $125 isn’t such a crazy price. I’m sympathetic to those who think that price is too steep - I’ve never spent more than $50 for any LP - but it isn’t really accurate to claim it as an example of an "ever increasing spiral of pricing on new and remastered lps."
three_easy_payments
How do you justify the cost of anything that’s in the collectible market?Exactly. It’s a collectible.