Is It Time To Sell My Vinyl Rig?

I don’t know what are you trying to say here @glupson ?
Only ebay score of Craig Moerer is 229 261 ...
Even if each record sold for $10 it’s already over $ 2 000 000 ....

Apart from what they sell direct on their own website, also on discogs with another 19636 deals since 2008. Craig and his Records By Mail offers one of the most comprehensive selections of vinyl LPs and 45s available anywhere. Housed in an 8,000 square foot warehouse that currently holds 2 million records, Craig and his talented, dedicated staff at Records By Mail serve music lovers in more than 60 countries.

You’d better watch his interview if you want to know more about business model or to see a warehouse full of vintage records. He’s been doing it for entire life. They travel all over USA to buy collections (vinyl lovers dies too).

I know very well what i’m talking about, my examples of the price tags for rare soul records is not even maximum, there are northern soul records that cost over $5k each, believe it or not buy they sell those too on auctions. There is a huge and very strong scene for this type of music worldwide. And I have to mention that rare American records are much cheaper in the USA than in UK, Europe or Japan. 

Vinyl is priceless, digital is free.

Even if a reissue of the rare soul record available for £5 it will not affect the price for an original press and it can be 100 times as much.

It’s a whole other world that most audiophiles do not understand at all when they discuss digital versus analog! It’s a cultural difference, not sound quality.

When people discuss only sound quality they demonstrate their narrow mind.

Vinyl still alive not only because of the quality, it’s a culture, people love to go to the stores, flea markets... searching for records because it’s cool, it’s a life style. They can discover music, unknown stuff on vintage vinyl.

It’s not nostalgia, because young people are crazy about this process too, they are looking for record NOT because of the sound quality, they already have digital, they are born in digital era, and they want analog.

Maybe for retired people vinyl is nostalgia, but people under 30 are into vinyl too (all over the world).

This is why streaming can’t replace the analog, never!

Millercarbon; True DAT!

“Vinyl is priceless, digital is free.”
“This is why streaming can’t replace the analog, never! ”

@chakster 

These statements are so inane....but then again as you’ve pointed out in your previous post, “vinyl lovers are a bit crazy about their hobby”.  

chakster,

You got me. I was really just playing with simple numbers to see how good of a business it would really be. I had no firm agenda or message behind it.

Now, you made me think what the moral of the story/calculations would be. I think I would want to say "There are more efficient ways to become a millionaire". Someone may like it, but 66 000 of whatever money a year is a very slow way to a millionaire. The trick is that being a millionaire is not what it used to be. Take U.S.A. as an example...

• Full-time working men in 2019 had median earnings of $57,456

66 000 a year is less than 20% more than that median income.

I am sure examples you gave have done well, but it is a lots of fine work, apparently it has to be a number of people/employees involved, organization, etc. And with all that effort, 15 years and lots of luck to get above median earnings. For the love of it, a person can get lucky and enjoy, but as a career choice, there are more reliable ways to become a millionaire.

What Is the Average American Income in 2021? - PolicyAdvice

One factor in this debate I rarely see discussed is HOW folks listen to the music.  Are they sitting still and focusing or busy doing other things?  The way I listen is a solo endeavor - it's not really socially acceptable behavior I can share with friends present, i.e., I sit alone in the sweet spot with my head inclined toward the floor to get the best imaging.

Do I need psychoanalysis?  Yikes!