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Steve Goldberg's avatar

I inherited about 400 records from my uncle -- mostly R&B, rock and jazz from the 60s and 70s -- and for the most part, they are all selling for next to nothing on Discogs. I'm referring to albums by Chicago, Blood Sweat & Tears, Herb Alpert, Aretha Franklin, Diana Ross, etc. I find my punk rock albums from the 80s worth much more than all my 60s and 70s stuff. I imagine it's largely a supply-and-demand issue. Most of those punk labels didn't print as many records.

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Andres's avatar

Thanks for your comment, Steve. 400 records, in those genres, from those eras? Yes please! Now, the value aspect you mention makes a lot of sense. Scarcity for sure. Two main reasons come to mind: supply conditions (vinyl was manufactured at much larger scale in the 60s and 70s), and a potentially smaller pool of sellers willing to part with their punk rock vinyl (a kinda cult following effect, perhaps). And there's a third reason which is related to the other two: the demand for mainstream 60s and 70s soul records peaked in those eras and has been in decline since then, whereas demand for punk rock is--comparatively speaking-- more stable.

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Faith Current's avatar

I mean, anyone who's ventured into the donated records at a thrift store in the past years knows how little most vinyl is worth.... Feliciano indeed.

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Kevin Alexander's avatar

You should see the thrift shops here; I'm pretty sure every Ray Conniff record ever made wound up in Madison!

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Andres's avatar

Lol 😅 Here we’ve got all of the Andy Williams, apparently

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Faith Current's avatar

One of the local record stores here is run by a guy who keeps putting really amazing albums in the dollar bin. I scoop them up when I can, and I was talking to the proprietor of the actual good record store a few blocks away, and they confessed to me that they go over regularly and pull his stuff and resell it at correct prices in their own store... So you know, sometimes... There are bargains to be had.

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Andres's avatar

Well, in a thrift store, of course 😉

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Faith Current's avatar

that's what I mean. Most records aren't worth making it past the thrift store rack.

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Andres's avatar

Yet some records (old and new) are routinely sold for hundreds. They are harder to find, that’s why they are not generally seen in stores.

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Faith Current's avatar

Yeah I rarely buy vinyl in stores anymore, only because everything I want and don't have yet isn't going to be in a record store, even a good one, at this point, and if it is, it's not going to be a better price/condition than I could get on discogs.

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Andres's avatar

Makes sense. I buy a little bit everywhere, depending on what I am looking for. But I would say I am currently buying more online than in stores.

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