[78-L] Record Pricing Guides: not a new story
Don Chichester
dnjchi78 at live.com
Tue Aug 25 15:18:09 PDT 2009
I've got Scene 5 of Virginian Judge. Can I retire on its sale value>
Don Chichester
> From: malcolm at venerablemusic.com
> To: 78-l at klickitat.78online.com
> Date: Tue, 25 Aug 2009 16:16:41 -0400
> Subject: Re: [78-L] Record Pricing Guides: not a new story
>
> Maybe a price guide was used when figuring out what all these old records
> are worth? - http://tinyurl.com/mzvgz2
> Binder 5 is empty - a drag, but at least he's throwing it in. In his
> defense, I think Docks had scene 5 of the Virginian Judge at somewhere
> between $5-$42,000, but where is he getting the other $1000 from?
> The not funny thing is that there are a few records in that lot I wouldn't
> mind bidding on.
> Malcolm
>
> Venerable Music - http://www.venerablemusic.com/
> Venerable Radio - http://www.venerablemusic.com/samphpweb/index.html
> On Myspace - http://www.myspace.com/venerablemusic
>
>
> ----- Original Message -----
> From: "Cary Ginell" <soundthink at live.com>
> To: <78-l at klickitat.78online.com>
> Sent: Tuesday, August 25, 2009 1:55 PM
> Subject: [78-L] Record Pricing Guides: not a new story
>
>
>
> Found this while doing research:
>
>
>
> "Let us consider the several record price guides. The extraordinary ambition
> of such guides is nothing less than to be accepted as a final authority on
> the value of out-of-print jazz records. Anyone with the slightest experience
> in record collecting is well aware of the innumerable difficulties of
> establishing even an approximately fair price on a rare record. But when
> someone publishes a book that is supposed to contain the precise value of
> several thousand hard-to-get records, such an attempt, no matter what the
> qualifications of the author may be, is bound to create general confusion.
> On what basis do these people arrive at their prices? What kind of wishful
> thinking gives them the illusion that they can take upon themselves the role
> of Final Arbiter in such a delicate and essentially subjective matter? Every
> experienced collector has his own opinion about record values and will
> naturally ignore such misdirected efforts. But here is where such a book
> causes much harm: it fall sinto the hands of a new collector who takes the
> listed prices seriously and follows them in his tradings. Thus he has
> started his collection with an entirely wrong perspective, and it will be a
> painful awakening for him when he realizes how mistaken he has been about
> the worth of his collection. I ahve been told of dealers who follow the
> prices of such guides to the letter, asking preposterously high prices, just
> because it says so in The Book, for records that are in terrible condition.
> I am also told that the author of one of these booklets does not follow the
> prices shown in his guide in his own record dealings. Record values are in a
> constant state of fluctuation. Even if some of the prices quoted in such a
> book would be accurate at the time of publication, after a certain period
> they would lose their relevance. In my opinion, the majority of the prices
> listed in such books range from inaccurate to fantastic. I protest against
> all of them and advise you to avoid them."
>
>
>
> Nesuhi Ertegun
>
> The Record Changer
>
> September 1947
>
>
>
>
>
> Cary Ginell
>
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