With Keith's recent post about going part time. Good luck Mate, hope it all works out). I'd like to ask a question. No agenda, no alterior motive just a wish to know how others are thinking and what are dictating other collectors buying habits. So....
When people put 45s up in the sales section "before putting them on Ebay" how many actually sell any records. I know that my sales on Ebay run at about 25% but then I only sell doubles of stuff and Motown Demos I've replace with better copies. Thing is this....I've collected for 30 years and haven't bought a record of any note from a UK dealer for almost 5 years! In fact I've sold them to UK dealers at what I could only describe as "going rate" to see them appear at more than double what I rated them at (and more!) on their lists. List after list of overpriced mid/poor quality records just get the "delete" button treatment I'm afraid, whilst the top end items attract the type of prices that far outstrip a "realistic" value imo. Just because one record fetches X amount it seems fine for sellers to quote that example in relation to another record being worth Y. I personally judge a records value by my own experience/knowledge of it, not be some price paid by someone else in an auction scenario. That has obviously curtailed my purchases over the past few years, but has also made me delve deeper into the collecting scene to find something I'd like to own.
Maybe dealers expectations are now outstripping the buyers willingness to "accept" the pricing of records. Once "The Returnees", (no disrespect intended), start trying to "liquify their assets" as they did last time, then surely it's gonna be a good thing all round. Prices fall, collectors start sniffing around again, money changes hands more, and the cycle starts again. Less collectors buying more records can only be a good thing for the long term collector AND the dealers who can recognise that and stay ahead of the pack?
For long term collectors....check out the sales section on ANY website (including SS), and tell me that for all the hype about Set sales, Summer sales, Bargains, Got to Go, etc etc. there's anything that makes you go "Quick....where's mi wallet?!
All this is obviously just my personal opinion, but it's vinyl....and we all know that's more than a case of life or death!
Is it time to ofload the big hitters and stash the money for a few years in order to rebuy them back at half the price? Go on admit it.... you know you've mulled that one over!
With Keith's recent post about going part time. Good luck Mate, hope it all works out). I'd like to ask a question. No agenda, no alterior motive just a wish to know how others are thinking and what are dictating other collectors buying habits. So....
When people put 45s up in the sales section "before putting them on Ebay" how many actually sell any records. I know that my sales on Ebay run at about 25% but then I only sell doubles of stuff and Motown Demos I've replace with better copies. Thing is this....I've collected for 30 years and haven't bought a record of any note from a UK dealer for almost 5 years! In fact I've sold them to UK dealers at what I could only describe as "going rate" to see them appear at more than double what I rated them at (and more!) on their lists. List after list of overpriced mid/poor quality records just get the "delete" button treatment I'm afraid, whilst the top end items attract the type of prices that far outstrip a "realistic" value imo. Just because one record fetches X amount it seems fine for sellers to quote that example in relation to another record being worth Y. I personally judge a records value by my own experience/knowledge of it, not be some price paid by someone else in an auction scenario. That has obviously curtailed my purchases over the past few years, but has also made me delve deeper into the collecting scene to find something I'd like to own.
Maybe dealers expectations are now outstripping the buyers willingness to "accept" the pricing of records. Once "The Returnees", (no disrespect intended), start trying to "liquify their assets" as they did last time, then surely it's gonna be a good thing all round. Prices fall, collectors start sniffing around again, money changes hands more, and the cycle starts again. Less collectors buying more records can only be a good thing for the long term collector AND the dealers who can recognise that and stay ahead of the pack?
For long term collectors....check out the sales section on ANY website (including SS), and tell me that for all the hype about Set sales, Summer sales, Bargains, Got to Go, etc etc. there's anything that makes you go "Quick....where's mi wallet?!
All this is obviously just my personal opinion, but it's vinyl....and we all know that's more than a case of life or death!
Is it time to ofload the big hitters and stash the money for a few years in order to rebuy them back at half the price? Go on admit it.... you know you've mulled that one over!
Regards,
Dave
www.theresthatbeat.com
www.hitsvillesoulclub.com