[78-L] 78 rpm Price Hike

[Glenn Longwell]

I think it's probably the increasing costs of ebay and paypal making it necessary for sellers to start at a higher price to make any money.  But obviously many crazed sellers have any possible 78 starting at the same high price.  Surprisingly, some of them will sell a record for $20 when there are numerous examples of people buying the same record for $2-5.  So buyers fuel this frenzy too.   I do believe it's possible some are trying to take advantage of the publicity of the book and has probably brought new players into the game.  I've had a number of people ask me about it, people that are not at all into records, since they heard about it on NPR.  I was at an estate sale recently and as I was standing there with some 78s in my hand someone commented how they heard 78s are REAL valuable.  I laughed and said yes, there are some that are but 99.99% of them aren't.  

Glenn


www.majesticrecord.com

________________________________
 From: maceo <maceo at nugrape.net.invalid>
To: 78-L Mail List <78-l at klickitat.78online.com> 
Sent: Monday, October 20, 2014 4:25 PM
Subject: Re: [78-L] 78 rpm Price Hike
 


The baseline has changed.

I have noticed an increase in the shellac available online of interest 
to me even from 12 months ago, saying that there is an increase in the 
number of bidders.

The prices have definitely increased on certain material, some are not 
feasible for the grading, so whether it persists is debatable.

Whether this is due to a narrow concept book release is difficult to 
ascertain?

Gotta feed the shellac habit somehow :-)

Gary
>
> I have not noticed a line of customers outside my door holding wads of $100 bills wanting to buy records.
>
> If anyone finds demand outstripping supply for 78s in general, I would be happy to oblige.  Send them on to me./steve
>
> uncledavelewis at hotmail.com wrote:
>
> Am I alone, or has anyone noticed a shift upward in baseline prices for 78s since the publication of "Do Not Sell at Any Price"? Or was I asleep and they went up more gradually? Seems to me it's an average of about 15 to 20 per cent.Uncle Dave Lewisuncledavelewis at hotmail.com                         
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