[78-L] 78 Prices--was:Here is the article on Tefteller and Paramount fromtheNY Times

[Malcolm Rockwell]

What records are those?
They don't show up on his website, just a blanket statement that he'll 
buy your records if they're rare enough.
Mal

*******

Julian Vein wrote:
> Michael Biel wrote:
>    If Tefteller is buying records for tens of thousands of dollars, and 
> has a
>   
>> standing offer of $25K for two certain records, he is already paying
>> top-of-the-market prices.  The profit is being made by the person
>> selling him the record.  He is in the business of selling records and
>> would supposedly know what the market will bear, but how many others up
>> at this stratospheric high level of collecting are there?  
>>
>> Mike (pauper) Biel  mbiel at mbiel.com  
>>     
> =================
> I suspect that collectors like Tefteller are also buying rarities at 
> well below the market price and selling them on at a profit. Someone 
> once remarked that although some 78s change hands at astronomical 
> prices, it still remains a poor man's hobby.
>
>       Julian Vein
>
>