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I have noticed that many formerly expensive titles (TAS list, RCA LSC, London Blue Backs, Mercury LP) are now much cheaper, and seem to take longer to sell. I see many titles on Ebay that seem to be priced fairly, have clear pictures and descriptions, but seem to sit there month after month.
I have included a link to an example that has been sitting on Ebay for months, at what appears to be a good price.
Has the market changed ?
The item you linked to is one example of over-pricing in today's marketplace. The reality is that many of those Living Stereo and Living Presence LPs have been reissued in 180g or 200g.
The example you linked to was reissued in 200g vinyl by two different companies, one a remastered pressing and an SACD of the remastered music. Now who in their right mind would pay almost twice as much as those reissues for an eyeballed VG/EX pressing, especially when there is so much variability in grading by Ebay sellers.
Ebay sellers of used vinyl are just re-upping the same records at the same old prices without adjusting to the current market. In this case, there are even other Ebay sellers listing the reissues at half the price asked for this used LP.
I have bought on Ebay over the years. Luckily, I've never been seriously unhappy with an Ebay transaction. But maybe that's because I shop around for what I want. I think many classical music buyers do so as well.
"Life without music is a mistake" (Nietzsche)
I saw a big drop in the value of some the Living Stereos and Mercurys after the "recession" in 2008. Some of the rarer LP's have gone up somewhat, but most of the more common LSC's and Mercurys are worth less and less. As was mentioned by another poster, Ebay sellers still try and get high dollar, re-listing at the same high price for months and months, but if you make them an offer, a lot of them will take what they can get.
I just hope my Garrard 301's and 401's and my other vintage turntables don't drop in value like the LP's have!
"In a democracy, uneducated voters get the leaders they deserve."
In addition to the good points made by other posters, I can add that the appearance of high quality vinyl reissues of many of the classical LPs that are most in demand by collectors has indeed caused the value of many of the originals to fall, imo.
Also, while the best of the RCA LSC, London blueback and Mercury LPs you mention are still in demand, classical collectors have long since moved further afield, even to mono LPs, and especially to European label issues, as those were often produced in much smaller quantities than American ones in the postwar era, and as with most collectibles, rarity is the main thing that drives value.
I don't see the huge prices they used to get for these ten or fifteen years ago. Lumen, Discophiles Francais, early DG, early EMI are all down.
Well, the classical LPs are fading in popularity with collectors, and that's no problem for me. When I finally bought an original, NM 1955 RCA LSC Munch Daphnis et Chloe from a dealer, it was $10 (marked down from $17). I got an RCA LSC Power of the Orchestra in NM condition from the bins for $1. Same for an original, big tulip red stereo DG Mravinsky Pathetique symphony.
For a long time I had no RCA shaded dog stereo LPs because I felt they were ridiculously overpriced. When the prices finally fell, I bought about 30 for an average of about $3 each. I don't buy for investment, and I don't pay collector's premiums. That's worked for me.
If you're like me, you have fond memories of your first Led Zeppelin, KISS or Journey album and I've seen all the stuff from the the 70's and 80's starting to skyrocket.
I have worn out my ELO "Spaceship" album "Out of the Blue" and I really wish I had bought a original sealed copy about 10 years ago. I remember seeing sealed originals going for 40 maybe $50 and I thought that was crazy.
Turns out I was the crazy one for not buying them.
Look at the prices of LSC-2449, LSC-2553, and the Royal Ballet box set.
Of course, the real money has moved to wideband Deccas and blue-and-silver SAX. The Kogan SAX LPs have gone completely insane, with copies selling as high as $7000, and a lot of them in the $2000-5000 range. Among the Deccas, we have seen a wideband SXL-2426 snapped up for $1499, while multiple copies of SXL-6035 have sold over $1000.
I confess I have paid a buck a pop when overly excited.
I have a re-release of the Royal Ballet set that I bought for the music. The Classic Records re-release is valued at $353 on popsike (not that I have any interest in selling). I enjoy classical vinyl as a venue to explore composers, conductors and artists i.e. Erica Morini on Westminster, the wonderful Telarc las, the music and conducting of Alan Hovhaness, the conducting of Igor Markevitch...
Record dealers no longer can be bothered with Classical at all. The youngsters which are the real engine of the vinyl boom don't want it. Collectors and estates are unloading; TAS and other lists are fading into the mists.
Dual benefit for this aged Longhair, there's more good Classical at my local and the prices are indeed dropping. Ebay sellers are far more accomodating, too. Just today I contacted a seller to ask if he would play grade an LP and he did. That request would have gone unanswered a year or two ago.
This Mercury Wing might have been $8.99 a year ago, last week $4.99
Same for this rare German RCA at roughly half what it was previously.
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