Is there an individual record you would pay $500 for? Electric Recording Company maybe? An OP RCA? A Beethoven Concerto? A Pink Floyd Record? Never say never but really…
I think the most I've paid for a record was for the MFSL 45 RPM The Nightfly by Donald Fagen. Still sealed, #247. Not quite $500, but close.
Discogs prices start at $500 for that one now, so I know I could always make money on it if I decided to sell it, but I won't. Unless I need a new liver or something.
I'm getting my new turntable today, so that may be one of the first things that gets played once I have it all dialed in.