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Where Do Dealers Get Records From?

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At the risk of making a right tit out of myself as it may be obvious (contacts, digging trips etc), always wondered......

 

A few sellers always seem to have rare and expensive records for sale.

 

Where the bloody hell do they get them from?

 

Will there be a time when the supply will dry up? Or is it the same (rare) records going from owner to owner?

 

Cheers

 

Steve

 

 

 

 

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Steve,

          Think you'll find various sellers always have different Rare 45's as they often sell them on behalf of a Third party who use them knowing they get a good wide Soul audience, and something I myself have done in the past alike many others I guess, and particularly some of the Rarer 45's do dry up for a while then surface elsewhere, just my take Steve , but as a collector seller myself over 40 years experience that is my view , Dave G  

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From soul fans like us !!!

Just got back from Waltham after selling JM 1100 northern sounds, including 200 boots from the 70's and some rare stuff.

Dave Banks

Bet he was offering less than one fifth of book price?

I understand the value difference betwen retail against sourcing, but I still reckon you should at least get one quarter of the book price & more for mint/rare.

Or am I wrong? I often am.

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Bet he was offering less than one fifth of book price?

I understand the value difference betwen retail against sourcing, but I still reckon you should at least get one quarter of the book price & more for mint/rare.

Or am I wrong? I often am.

Most guys have a rough idea of values, know how much they paid, know some things are hard to sell, so armed with that info, are happy to sell to as a job lot to save the hassle of listing,packaging and posting individual records.

They also understand that a dealer has to make a profit and also risk getting stuck with a load of common records that nobody wants :(

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Bet he was offering less than one fifth of book price?

I understand the value difference betwen retail against sourcing, but I still reckon you should at least get one quarter of the book price & more for mint/rare.

Or am I wrong? I often am.

 

 

Well to be honest it depends how rare a record is. Very rare stuff not in auction you may get nearer 50% but more common stuff is a lot lot less and sometimes unsaleable despite say being £20-£40 in a book. Owners views of condition often vary to the purchaser as well.

 

I have been dealing with JM for 35 years and always been satisfied with our deals. Dont forget trades can be different than just cash.

 

Dave Banks

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People sell them to me or give them to me to sell for them.  I never go looking for any.  I've never flown so America has always been out of the question, plus I'd never be able to get enough money together to warrant a trip.  Bought 500 singles last week, cost £6500 am hoping to make £2000 on top of that, have already got the £6500 back by selling all the originals to one person so I have 350 reissues to make a profit on!

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Most guys have a rough idea of values, know how much they paid, know some things are hard to sell, so armed with that info, are happy to sell to as a job lot to save the hassle of listing,packaging and posting individual records.

They also understand that a dealer has to make a profit and also risk getting stuck with a load of common records that nobody wants :(

Makes sense, the idea of offloading a job lot is very convenient, no problems, done it myself to members on here, very happy.

It's just a very good friend of mine sold up an uber rare collection to a national dealer (no names), as he was off to Thailand for good, was offered something like 4k for 18ks worth of book price.

Real bottom end, and I'm talking bout really really good mint in demand rarities.

Don't get me wrong, it's business I know, but seems to me was offered peanuts for the quality he was offering & he took it too :-(

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Makes sense, the idea of offloading a job lot is very convenient, no problems, done it myself to members on here, very happy.

It's just a very good friend of mine sold up an uber rare collection to a national dealer (no names), as he was off to Thailand for good, was offered something like 4k for 18ks worth of book price.

Real bottom end, and I'm talking bout really really good mint in demand rarities.

Don't get me wrong, it's business I know, but seems to me was offered peanuts for the quality he was offering & he took it too :-(

 

he should have been offered at least double that

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he should have been offered at least double that

Exactly Pete.

I understand if someone wants a quick sale (and he did), but this is my point, he wasn't even getting the very minimum price I reckoned & this was quality stuff.

But I suppose that's the world we live in & we should expect that off the professional retailers.

I wouldn't use em meself, unless I had a silver topped London issue Darrell Banks.

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Sold the first part of my 45's collection to JM in 2000 when my first kid came along and was very pleased with the deal, loads of original oldies that I had picked up in 83 / 84. , dirt cheap from my mates older brothers in tip top condition after the casino closed and they decided to Jack it all in and the constant pressure from their wife's to get rid of those bloody old records in the garage !!!!

Second part of my 45's ( Stafford / Leicester / Morecambe / Blackburn / Shotts sounds onwards) to another known seller who again came up trumps. , 60 % - 40 % , when my second kid came along in 2002 and bought a lovely New people carrier,

My experiences have been nothing but positive with UK dealers, long before you could do it yourself with eBay or the hassle of lists / fairs.

Yes I know of horror stories where people themselves have been unsure whether they have owned an original or not and sold it for peanuts after being convinced it was a second issue, but these have been a lot rarer nowadays as people with thanks to this site and others can research themselves.

Still got 500 + albums. / 12 " but not selling yet till the kids hit university !!!!!!

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thinking about selling up myself. If i do think i will go with JM for the higher priced items (not that i've got many). The rest might go to my good friend Pete Smith as i really trust him , not just as friend but as a dealer.

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Exactly Pete.

I understand if someone wants a quick sale (and he did), but this is my point, he wasn't even getting the very minimum price I reckoned & this was quality stuff.

But I suppose that's the world we live in & we should expect that off the professional retailers.

I wouldn't use em meself, unless I had a silver topped London issue Darrell Banks.

 

You sold stuff to me though!

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Sold a good quantity to a couple of dealers at Prestatyn

All were priced up on the sleeves. The dealers toted up the whole amount and offered me about 20% off

I thought that was very fair. Getting payment from one of them was a bit more drawn out but got there in the end

Well done dealers 

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Bet he was offering less than one fifth of book price?

I understand the value difference betwen retail against sourcing, but I still reckon you should at least get one quarter of the book price & more for mint/rare.

Or am I wrong? I often am.

Ade. I think it should be nearer a third of the book price. But as always what do I know.

Steve

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Nothing against any dealers. But if your gonna sell, sell it yourself. With all the internet exposure U can raise more cash than a dealer will give

 

There's reasons why people don't want to do it themselves though Dave, mainly because of the pitfalls caused by certain customers, ebay etc.  Can you imagine how long and how much effort it would take someone to sell 500 records by themselves when they have no experience of it?  If you give me a record to sell, it goes on my list, gets seen by 1000 people, then it goes on soul source, seen by another 1000, then it goes on facebook, seen by several thousand, then it goes on Discogs, seen by how many?  All takes time, and lots of people just don't have that time.  But of course you are right about one thing, if you sell yourself you're 20% better off, but that 20% does include a fair bit of work.

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My new website should be opening this weekend and I'll be inviting people to sell their records on there, they can give me the records, they will stay on there until sold (or requested back), will cost them nothing to list and I'll take the usual commission but everything is set up so people don't have to do any work at all.

Have a look at this, it's nearly ready, most of the drop down menus are working etc

 

http://www.rare-soul.com/wordpress/

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There's reasons why people don't want to do it themselves though Dave, mainly because of the pitfalls caused by certain customers, ebay etc.  Can you imagine how long and how much effort it would take someone to sell 500 records by themselves when they have no experience of it?  If you give me a record to sell, it goes on my list, gets seen by 1000 people, then it goes on soul source, seen by another 1000, then it goes on facebook, seen by several thousand, then it goes on Discogs, seen by how many?  All takes time, and lots of people just don't have that time.  But of course you are right about one thing, if you sell yourself you're 20% better off, but that 20% does include a fair bit of work.

 

i tried to put 20 records on ebay yesterday and got bored doing the first one.  theres definite value in having someone do that for you

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You sold stuff to me though!

Yeah, you know I'm not on about you, I mean the full on retailers that we all know.

Wouldn't hesitate to use you again mate.

Next time I'm offloading a Del-Larks or even a Casino Classics, no probs :-)

Edited by MrsWoodsrules

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My new website should be opening this weekend and I'll be inviting people to sell their records on there, they can give me the records, they will stay on there until sold (or requested back), will cost them nothing to list and I'll take the usual commission but everything is set up so people don't have to do any work at all.

Have a look at this, it's nearly ready, most of the drop down menus are working etc

 

http://www.rare-soul.com/wordpress/

Pete

You're making it too easy,you've got me thinking now :lol:

Cheers

Martyn

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i tried to put 20 records on ebay yesterday and got bored doing the first one.  theres definite value in having someone do that for you

 

Yeah it is so boring.  Take photos, edit photos, upload photos, yawn....

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Yeah it is so boring. Take photos, edit photos, upload photos, yawn....

Ever Used Garage Sale for eBay listing, makes life so easy, do it all from your Mac Desktop, don't even go into eBay with your browser, the application does it all, also keeps track all along, upload photos drag & drop from iPhoto, sending template emails to the customer at different stages of the sale, feedback as well as smart template listings, better than ebays, free photo hosting so all your pictures uploaded are free.

It's cool. Really good.

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I would probably be described as in between an occassional seller and a dealer. I don't know if you have the storage places in the same abundance as we do. As many folks don't have the space to store their stuff- they rent little rooms to put their stuff in. If you don't pay your bill- the storage place sells your unit to the highest bidder. The last load I bought ( 99% records) was a pretty solidly stacked (combined from 3 units ) 10'x15'x 4' tall. I have only looked at a small portion of the 45's. The lps that I kept, because they might be collectible; filled 50 13" cubed boxes. The 45s weren't culled. I maybe have 10,000 45's. Just a bit before that buy- a local junk/ antique store had bought a warehouse full of items. The records they received filled a room 8'x 8' x 6' high. As i looked at a handful of records before making a deal- I knew the majority of records wouldn't be collectible. The store was so full of other items- I knew they just needed to get rid of them. I culled about 20 cases of lps, 8 cases of unsorted 45s.

          So in 2 buys I bought 70 cases of lps, 10000 45s. 

The storage unit owner was a dealer in 45's. He passed away about 3 years before- the family put them in storage for 3 years until they stopped paying. The junk shop buy originally came from an old nyc anique dealer's warehouse. He was sick and sold his entire warehouse to the junk shop folks near me.

Edited by elvisluvs

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I would probably be described as in between an occassional seller and a dealer. I don't know if you have the storage places in the same abundance as we do. As many folks don't have the space to store their stuff- they rent little rooms to put their stuff in. If you don't pay your bill- the storage place sells your unit to the highest bidder. The last load I bought ( 99% records) was a pretty solidly stacked (combined from 3 units ) 10'x15'x 4' tall. I have only looked at a small portion of the 45's. The lps that I kept, because they might be collectible; filled 50 13" cubed boxes. The 45s weren't culled. I maybe have 10,000 45's. Just a bit before that buy- a local junk/ antique store had bought a warehouse full of items. The records they received filled a room 8'x 8' x 6' high. As i looked at a handful of records before making a deal- I knew the majority of records wouldn't be collectible. The store was so full of other items- I knew they just needed to get rid of them. I culled about 20 cases of lps, 8 cases of unsorted 45s.

So in 2 buys I bought 70 cases of lps, 10000 45s.

The storage unit owner was a dealer in 45's. He passed away about 3 years before- the family put them in storage for 3 years until they stopped paying. The junk shop buy originally came from an old nyc anique dealer's warehouse. He was sick and sold his entire warehouse to the junk shop folks near me.

Jesus, I'd be digging through that lot quicker than a terrier in a badger set.

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Ever Used Garage Sale for eBay listing, makes life so easy, do it all from your Mac Desktop, don't even go into eBay with your browser, the application does it all, also keeps track all along, upload photos drag & drop from iPhoto, sending template emails to the customer at different stages of the sale, feedback as well as smart template listings, better than ebays, free photo hosting so all your pictures uploaded are free.

It's cool. Really good.

 

I have used it mate.  I'm just not a big ebay user anymore

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As if by magic, someone emailed me about 11.30 and I now have 200 originals to sell next week...

Let me know when your system goes live and I will bookmark the page. Browsing and buying without Ebay could become a habit, wishing your site every success with your new site. 

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Let me know when your system goes live and I will bookmark the page. Browsing and buying without Ebay could become a habit, wishing your site every success with your new site. 

 

Thank you, I'll announce it on here...

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