If a seller at ebay raises the price on collectible and sells then other sellers will follow as long the demand remains the same. You can also compare selling value at Discogs. Only one seller with these recordings? Monopoly. HQ pressings even some repressings are way too expensive, same goes with SACD's. I can understand the high prices on out of production SACD's and original releases on LP, but reissues? I always skip. G
Interesting development
I tend to follow the sales of various LP’s on Ebay. Recently, i have noticed that the price of many of them seems to have skyrocketed! For example, many of the Mobile Fidelity albums have sold for prices that are two-four times more than what they were when new! This is a new development, as only recently, say in the last six months, the same LP’s were selling at or below their original retail price, no more! The recent MFSL reissues of the Miles Davis LP’s are a good example...some of them sat on the various sites that sold them new for years at the same price, or even slightly below...now we see these very same albums going for up to four times what they originally sold for..
Same goes for several of the Analogue Productions reissues..what’s up??
Same goes for several of the Analogue Productions reissues..what’s up??
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Many years ago, Mobile Fidelity had a retail outlet in Sebastapol, CA. We visited and purchased many favorites at $13.99 each. A few years ago, I sold them to a used record store dealer for $50 each. He was thrilled to get them, and I was thrilled to have sold them. I recently got back into vinyl and regret selling them, but the profit helps ease the pain. About twenty years ago, I found and bought a still-sealed Mobile Fidelity copy of Rickie Lee Jones for $6 in a used record store. I saw it recently advertised here for $250. Now that’s inflation, or is it just supply and demand? |
I don't think it's really new, but the prices do continue to climb. It is supply and demand. The "reissues" you mentioned are (mostly) high quality, numbered limited editions. Some are not so popular and if they are still readily available they will sell at MSRP. If they sold out within days or weeks of their release, good luck finding one at its original MSRP. Same thing happens with Record Stored Day releases. If there are only 2,000 copies of something popular, you'll see them at double their price within hours of them going on sale. Go look at prices for the RSD 2020 Black Friday version of Let It Bleed. |
+1, big_greg Both MoFi and AP issue their pressings in limited runs. Call it a marketing ploy to keep their LP’s in demand or reseller greed. One example, I was keeping an eye on Norah Jones - Come Away With Me for last 6 months. It was ‘awaiting repress’ at the major retailers, eBay and Amazon was selling the AP pressing for $70 or more. As soon as it became available, I grabbed a copy for $35.00. Another prime example is SRV’s Texas Flood, the 7000 run of numbered copies already sold out. And Elusive is now price gouging on the few remaining copies, https://elusivedisc.com/stevie-ray-vaughan-and-double-trouble-texas-flood-numbered-limited-edition-1... And not to mention, Bill Evans MoFI Super Vinyl release, https://elusivedisc.com/the-bill-evans-trio-sunday-at-the-village-vanguard-180g-45rpm-2lp/ https://elusivedisc.com/the-bill-evans-trio-portrait-in-jazz-numbered-limited-edition-180g-45rpm-sup... I paid $35.00 for this amazing DXD CD when it was available, https://www.amazon.com/What-Wonderful-Tsuyoshi-Yamamoto-2009-11-17/dp/B01JT23MS6/ref=sr_1_12?crid=1C... |
About twenty years ago, I found and bought a still-sealed Mobile Fidelity copy of Rickie Lee Jones for $6 in a used record store. I saw it recently advertised here for $250. Now that’s inflation, or is it just supply and demand? Everyone wants to pretend its one thing. If it was one thing I would have said the one thing instead of listing and explaining a few of the many important factors involved. Inflation by the way is a monetary phenomenon. When money is created from nothing that is inflation. Whether or not monetary inflation results in higher prices depends on many, many other factors. For example, if monetary inflation is running 10%, but productivity is increasing 20%, then prices may fall even with 10% inflation. Exactly what has happened with a lot of electronics. Or if the newly printed from nothing money flows first into banks and Wall St then it will drive interest rates down and equity prices up. Any of this starting to sound familiar? We are now in the early stages of monetary hyperinflation, but hardly anyone notices because they were all Jedi mind-tricked into thinking inflation is rising prices. By the time enough prices are rising fast enough to catch on to what I’m saying it will be too late. |
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