[78-L] "Value" of 78s

Steven C. Barr stevenc at interlinks.net
Sun Feb 14 16:50:02 PST 2010


----- Original Message ----- 
From: "John Wright" <vintage at jabw.demon.co.uk>
> Steven,
> There was one thing you got wrong in that last message,
> In message Steven Barr writes
>>a Mustang convertible back in 1964-65 for around $3,000...it would now
>>bring in around $50,000... or a 167% increase in about forty years...!
> That would be 1670% increase in forty years!
>
I am forced to admit my error here! You ARE correct!
> But your message was correct regarding record values.
> My favourite party piece is 'You wanna a see my record collection? It's
> worth £5000!'
> 'Wow' say my excited friends, 'you've got some rare stuff then'?
> 'No, just 5000 records'.
>
Well, I currently ownh just short of 57,000 78's; at my earlier estimate,
they would be worth around $57,000.00...?! Note that I am NOT
sure if 78's are worth GBP1.00 each (currently CDN$1.70 or US$1.64);
I can no longer buy 78's from British dealers because of the HIGH cost
of transatlantic postage (this was around $2/78 twenty-odd years ago,
and I'd be scared to think about what it would be to-day...?!)!

Steven C. Barr 




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