[78-L] Rich collectors inflating record prices - was: Here is the article on Tefteller and Paramount from theNY Times

[Rodger Holtin]

I started running into that in a local area a few years ago.  The wealthy son of a local industrialist (and heir apparent to daddy's business) started buying up 78s at the fleas etc.and the expected price inflation ensued.  I started hearing his name - "well So-and-so will pay lots more than that" if I mentioned overpricing of garden-variety records.  Glad I moved away.  I wonder if the local population in Grafton and Richmond have wised up, too.

Rodger



For Best Results use Victor Needles.



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--- On Sun, 7/12/09, soundthink at aol.com <soundthink at aol.com> wrote:

From: soundthink at aol.com <soundthink at aol.com>
Subject: Re: [78-L] Here is the article on Tefteller and Paramount from theNY Times
To: 78-l at klickitat.78online.com
Date: Sunday, July 12, 2009, 7:35 PM

The pre-war blues collectors are the only ones that are "glamorous" enough to attract the mainstream media. One year it will be Tefteller, another year it will be Joe Bussard. Every so often, one of these guys gets some nice print coverage, while the rest of us stay beneath the radar. I think this works best for us because the last thing you'd want is to have speculators come in and buy up the market. This happened with baseball cards and it destroyed the hobby. Speculators can't invade record collecting because the records are just not around anymore. Fortunately, the people with rare records and usually rare record lovers, like Tefteller and Bussard. Once an investment banker, a Donald Trump, or an Aaron Spelling, or somebody of that ilk decides they want to make money marketing rare records as elitist collectibles, then the supply will REALLY dry up.

Cary Ginell


-----Original Message-----
From: agp <agp2176 at verizon.net>
To: 78-L Mail List <78-l at klickitat.78online.com>
Sent: Sat, Jul 11, 2009 6:25 pm
Subject: Re: [78-L] Here is the article on Tefteller and Paramount from theNY Times



At 18:43 11/07/2009, Taylor Bowie wrote:
>Great article...I'm always glad to see stuff in the media which treats the
>subject of record collecting as a serious (and very fun) activity.
>
>It would be nice if,  just once in a while,  a writer could let the world
>know that there are other genres of 78 collecting besides jazz,  blues and
>classical...or totally ancient stuff from the 1890s.


I agree. It is a good article but I too would like to see articles 
about those of us who don't collect things a la the last surviving 
copy of some blues record by <insert obscure musician name here>. For 
some its just the fun of the chase to get say every 78 by some well 
know artist. Sure, the records may only be worth a buck or two, but 
they are worth millions on terms of memories.

My father in law collects 45s like that -- not for obscurity -- but 
rather cause he likes whomever the singer or group is.

I dunno -- maybe I'm grumpy today -- but sometimes we come off as 
elitists with this stuff that horridly out of reach of 99% of us.

T



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