I've been reading this thread with interest and here's some thoughts. If you want to cover up records to stop other people knowing what the records are that's fine. If you want to play records out and let everybody know what they are that's fine too. If you want to re-issue records you love in the hope other people will love them too and hopefully make a few bucks for your troubles, that's fine. If you don't want buy re-issues and only collect originals then that's fine too. Everything's fine, what's the problem here?
An original record is still an original record even if the same record gets re-issued. If you only want to own records because nobody else has them or can get access to them (hence the cover ups) then that's fine too but I would suggest that that's not a healthy attitude towards a healthy record collecting habit but that's just my thought process and I'm not saying it's right but it is how I feel.
Record collecting can easily become an illness, I think it's important to understand that.
I try to remember to keep my record collecting habit 'fun', it's a hobby and it's supposed to be enjoyable!