| Have some old records put away somewhere
in your attic? In your basement? Somewhere else? This page provides general
information on assessing a collection of records and determining whether
you have a real goldmine or just the same old records everyone else has

How
Much Are Your Old Records Really Worth?
General
Information on buying, selling, values, etc.
Please, don't phone us to discuss
the value of your record collection, unique items you own or how or where
to sell your records. All these questions are answered in detail below.
If you must contact us, send us E-Mail. We will answer your E-Mail.
Continental Records only purchases
brand
new 45 RPM records. If you have a large quantity (2000 or more) of
brand new 45s to sell, please contact us for the best price.
Continental Records does not buy
used
45s or any LPs/12". If you have such vinyl to sell read the
information we provide below on selling your records.
Before
you read any further . . .
Do you wish to determine the value
(or sell) common, best-selling phonograph records from any year (1901-1999)?
Sorry to tell you this, but almost every best selling record from the past
was pressed in the millions and has no value at all !
Do you have any "rare" records? Do
you have any titles sought after by record collectors? 1000s and 1000s
of records made in the past 60 years sell for more than $100 each - the
vast majority from the 1950s and early 1960s. A few very rare records (including
some by best-selling artists) regularly sell for more than $10,000 each
!
If
your product is complete, the value will be high
When 45s were originally purchased
they usually had manufacturer's paper sleeves. 45s with these original
manufacturer's sleeves have a slightly higher value. If you don't have
any sleeves on your 45s shame on you. This is critical for resale and it
is one of the first questions a dealer will ask.
Many 45s were issued with "picture
sleeves." The 45 RPM picture sleeve is almost always worth more than the
record! If you have 45s with original picture sleeves the records
(with the sleeves) are usually worth three or more times the normal value
of the 45 (in excellent condition) by itself. Almost all rock and roll
and rhythm and blues 45s with picture sleeves from the 1950s (even the
most popular records and artists) have values that exceed $10.00 per record.
Some have values over $100!
EPs (7 inch 45 RPM records with 4,
5 or 6 songs) were popular items in the 1950s and early 1960s. They were
almost always sold with hard cardboard sleeves similar to LPs. If you have
EPs and they are missing the original jacket, then the price will be greatly
diminished. If you have rock and roll and rhythm and blues EPs (with original
cardboard picture sleeves) from the 1950s and early 1960s in excellent
condition you really do have a goldmine. Some of these items have values
that exceed $1000 per record!
LPs have always been sold with hard
cardboard covers. If your LPs don't have covers, don't expect any
value.
Lastly CDs are sold with inserts.
Don't lose them!
Condition
is paramount
Most records were played and enjoyed.
Records were taken to parties, passed
around and handled a lot. Sleeves
were often lost for 45s and conditions deteriorated. If you have popular
artist (Beatles, Beach Boys, Ames Brothers, Jimi Hendrix, etc.) records
(45s or LPs) from the 1950s through 1980s and they are in noticeably
used condition (noisy when played, scratches, marks, heavy writing
on label, gray colour plastic, etc.) they have very little value
Want a really good example of the
above? Almost all the Beatle 45s were issued with picture sleeves. Virtually
millions were produced in 1964 and 1965. If you have (even the most common)
Capitol 45s with Beatle picture sleeves (in brand new condition - both
record
and picture sleeve) the value will be more than $50 per record!
Less common 45s (Swan / VJ / etc.) even without picture sleeves (but in
pristine condition) often command $200 or more! However, if you have the
same 45s in poor condition without sleeves, they
only have a value of about $1!
LPs can be in noticeably used condition
on both the record and the cover. The more writing on the cover of an LP
- the less the value. Obviously if the cover is damaged or noticeably used,
the value will be poor
Dealers that carry them often sell
(at record shows) used 45s described above for $1.00
or less each.
LPs are often sold for $2.00 to $4.00. See below for what dealers pay
for
such used records
The best value on obviously
used records described above is not what money they will fetch but the
enjoyment you can still get from them - continuing to play them, enjoying
the music and remembering the moments
Scarcity
determines value
During the height of the record era
from the early 1960s through the 1970s record companies in the USA produced
and released more than 10,000 different
records every year! Of these,
only about 200 single records and another 200 LPs were charted in the top
30 and were played regularly on popular radio
Generally speaking the records that
people bought most (the 400 mentioned previously) have the least
value. And the other 9,600 records have more value.
In the 1950s and in the early 1960s
(before the Beatles) teens purchased records they heard on the radio in
45 RPM format - they wanted the song - not necessarily the artist. However
every record company issued LPs by their most popular teen artists (e.g.
Crystals, Frankie Ford, Bill Haley, Isley Brothers, etc.) in the 1950s
and 1960s even if they didn't sell well at the time. Because these LPs
are relatively rare (Often less than 10,000 copies sold), they now command
big prices. Even the most popular teen / rock and roll LPs from 1954 to
1963 often sell for $50 or more now when in excellent condition (record
and cover) and if they are in stereo you can quadruple the price.
Even rarer are Rhythm & Blues
LPs from the 1950s. The (often small) record
companies that issued these LPs
had relatively poor distribution, and the main buyers of R & B records
didn't have much money in the 1950s. Many were issued with only 1000 copies
pressed. Many such LPs now sell at prices exceeding $1000 per copy when
in excellent condition.
Fans
keep prices very high
Even records by the most well known
artists can have a very high value if the artist has millions of fans that
want to own everything by the artist or group.
Examples of the above are records
by the Beatles, Kiss, the Rolling Stones, Elvis Presley, the Beach Boys
- even Britney Spears! For instance, some less common commercially issued
Rolling Stones 45 RPM picture sleeves have values that exceed $1000.
Many commercially released (but now
rare) Beatles (45s, EPs & LPs) records now have values of more than
$1000. For more details see Rare & valuable
below.
For those of you that own old records
by artists that used to have millions of fans such as Bing
Crosby, Frank Sinatra, Eddie Cantor or any other previous to 1950 artist
the "window" for high prices has gone with the fans.
True
Stereo (vs Mono) Records
Record companies have been recording
in stereo since the early 1950s
All 45s manufactured by all labels
after 1970 were pressed in stereo. However many labels selectively pressed
45s in stereo between 1957 and 1970. These early stereo 45s (especially
1950s) have values up to 10 times the mono releases.
Almost all LPs manufactured by all
labels after 1970 were pressed in stereo. However many labels selectively
pressed LPs in stereo after 1954. Early stereo LPs (especially 1950s) have
values up to 4 times the mono releases. Conversely after stereo LPs were
best sellers the original commercial mono LP release is worth significantly
more.
History
is important
History does
not mean age
of the record. Does the record itself have a history? Items with high values
are often records that fill spots in a historical era - some examples:
-
The roots of country music (early 1930s
and 1940s country artists - often called "hillbilly."
-
The history of rock and roll - 1950s
Rhythm & Blues or rockabilly,
-
Girl groups of the 1960s,
-
Motown (early Berry Gordy productions
on UA label, or other not so popular Motown releases),
-
Answer records - even if not popular
(I'm the Girl from Wolverton Mountain, the Duchess of Earl, etc.),
-
The history of electric guitar (early
Les Paul), or,
-
Just to complete a collection on a certain
artist (early Jan and Dean on Arwin label or their 1970s records on the
Ode label), Frank Sinatra (on Columbia) etc.
All the above are just a few
examples - there are 1000s more!
Record
age or era
Many people think that the older the
record, the more it is worth - this is rarely true. In fact, generally
speaking, most popular records manufactured before 1950 have very
little value except sentimental value to the owner. Its a fact that there
are are very few collectors of very old recordings - and most "sound museums"
already obtained all the very old recordings they needed many years ago.
On 78s for instance, the most recent
78s - manufactured in the late 1950s (rock and roll items in particular)
often fetch the highest prices. Other 78s of significant value include
Rhythm and Blues records of the 1950s and earlier - especially on small
obscure labels and Hillbilly (very early country) records of the 1930s
and 1940s. For more details on old 78s see Rare
& valuable below.
1st
Pressing Original Releases vs.
promo
records or 2nd, 3rd,
4th pressings or reissues or
bootlegs
Records
with the most value are always 1st
pressing original commercial releases. These are the records that people
purchased when the record was first on the “charts” and played on “Top
40 Radio.” Many of the original 45s had “picture sleeves.” Original LPs/12"/CDs
often had inserts and other features not on later (2nd
or other) releases. These are the records collectors want and will pay
the most for.
Promo
records were free records send to radio stations (and others) to announce
a new release (45 or LP) that would be coming soon from the record company.
They were identified by the label (often plain white in colour) and were
marked “Promotional” or “Audition.” Most promo labels also state “Not for
Sale.” Promo copies of best selling records generally have a slightly lower
value than the 1st pressing originals.
Occasionally promo copies were pressed for records that were never released.
Obviously these records are extremely rare and obtain a very high value
for the most sought after artists or music.
2nd
(and 3rd and 4th)
(commercial) pressings were made after the records were off the charts
and top 40 radio. These records most often have the same label and number
but can be identified by dealers and collectors because of differences
from the 1st
pressings in the
cover or colour of the label. These pressings of popular records usually
have no more value than the original purchase price.
“Reissues”
of popular records usually have a different label and number than the original
release and also have no more value than the original purchase price.
“Bootlegs”
are not legitimate commercial releases that collectors want and are illegal.
It's a fact that all illegal items (not just records) are hard to advertise,
buy or sell. Most bootlegs have little value.
Bootlegs
come in several categories. LPs/12"/CDs often feature not commercially
released (stolen) tracks or recorded live concerts. 45s include re-releases
of rare or valuable 45s. Some bootleg 45s are exact copies of rare records
with the original label graphics and numbers - these are known in the industry
as “counterfeits.”
"Values"
vs "Selling Prices"
Book value or appraised price of
any item whether its a car, a house, a diamond ring, an old Barbie doll,
antique tin soldiers or records does not necessarily always mean the selling
price you are going to get. Its a guide for an approximate value
only.
In most cases book value is the highest
price a dealer can possibly sell the item for. In order for you to get
the same selling price you must find a buyer willing to pay the same price
- usually a collector.
Dealer
"Buying Price"
If you are planning to sell your
items to a dealer here is an important item to remember. Generally, the
higher the book value, the higher percent a dealer will usually pay for
your items. On very high priced items (>$1000) you can often get 50% or
more. The percent continually decreases as the "book" price gets lower.
This is the same with every type of collectible, not just records.
On the most (non rare) popular records
issued in the 50s, 60s, 70s and 80s the dealer buying price is often as
low as 10% of the "book" value. This is because the dealer probably already
has all of your records and rarely obtains the "book value" when he resells
the product.
An example. We only sell
brand new 45s here from the 50s through 90s. Many of the 60s through 80s
45s are original pressings and many have book values exceeding $5
per copy. Some have book values above $10 each. And yet we still sell these
original
pressing 45s for US$3.95 each!
If you want to get the absolute best
price from a dealer, ensure you contact the dealers that specialize exactly
in the the type(s) of records you are selling. There are mail-order specialists
for every type of format (45s, 78s, LPs, Edison cylinders, etc.) and specialists
for every type of category (rock & roll, reggae, soundtracks, original
cast, jazz, etc.). The specialists know the customers that will pay the
most for what you want to sell them and as a result can offer you the best
price. See "Goldmine" below for more details.
Big
Money Records
There are more collectors around
the world who pursue "The History of Rock & Roll" than any other category.
Because the numbers of buyers (or collectors) determines value it makes
rock and roll records expensive - and records before and after the rock
and roll era cheap!
Rhythm and Blues and "Rockabilly"
records from 1948 through 1963 traditionally have the the highest value
of all collected records.See Rare & valuable
below for a sample listing of the R & B group the Flamingos.
For fun I have included below several
YouTube listings. These are video examples of a few of the most collected
(and valuable) artists. Many records by these artists (and 1000s of other
artists not listed here) have values over $100 and many over $1000. The
Five Sharps record sold twice for more than $10,000.
Once you view the videos you'll have
a pretty good idea of what type of music and records are worth big
bucks - they are almost all from the 1950s and not by the most popular
artists.
Click below on artist to view video
Cab
Calloway Johnny
Carroll Collins
Kids Five
Satins Five
Sharps Flamingos
Wanda
Jackson Louis
Jordan Bob
Luman Mello-KingsJohnny
Otis
Red
Prysock Big
Joe Turner
Rare
& valuable records - more details
Values of some commercially released
(but now rare) Beatles (45s, EPs & LPs) records http://www.rarebeatles.com/20years/20yrs2.htm
Values of many old 78s on the Nauck
web site at http://www.78rpm.com
Values of the 1950s R & B group
the Flamingos from the Jerry Osborne official price guide (below) http://www.gocontinental.com/pgs.doc
Values of 28 most sought after records
on Wikipedia, the free encyclopedia http://en.wikipedia.org/wiki/Record_collecting
Values of 800,000 different records
sold on E-Bay in the past 10 years - type in your artist - see the value!
http://www.popsike.com/index.html
Places
to Sell Your Records
Remember,
if you have used copies of common, best-selling
phonograph records (of any year - 1901-1999) their
value will always be very low - often less than $1.00 each. Your records
may not be worth the all the work or time to list them, sell them, package
them or ship them.
Sort
your records and decide what records you own have some potential value.
The
most popular methods to sell them are E-Bay, Discoveries or Goldmine Magazine.
E-Bay
If
you use E-Bay, some records you list will be bid upon by E-Bay users -
many of the others (the most common titles) will not be bid on at
all!
Discoveries
Magazine
Discoveries
magazine was purchased by Krause Publications (Goldmine Magazine) and has
subsequently closed. Most of the content was moved to Goldmine.
Goldmine
Magazine
Another
method is selling them (all at once) to one of the used record dealers
listed in Goldmine Magazine. Their web site is http://www.goldminemag.com
It is suggested you obtain several issues of their magazine as the magazine
lists hundreds of used record dealers that are not listed on the Goldmine
web site. Many of the biggest and oldest used record dealers are not internet
"savvy" and have no web site or E-Mail at all!
Record
& CD price guides by Jerry Osborne
An avid collector of records for
over 38 years, Jerry Osborne has also worked full-time as an author of
record price guides and reference books since 1975. In the 24 years since
work began on his first Record Collector's Price Guide, the number of Jerry's
published works on music now stands at 69 books and more than 150 periodicals.
As busy as ever, he continues to produce several books per year.
Among other music related ventures,
Jerry has, since 1986, written the popular, weekly newspaper feature, “Mr.
Music.” This entertaining and informative column, distributed nationally
for 12 years by World Features Syndicate, answers readers' questions about
music and records.
The rest of Osborne's past is also
saturated with music. Upon graduation from high school, he began a 14-year
career in radio and television (1962 -1976) as an announcer, or DJ. Jerry
founded and published three collectors news and marketplace magazines:
“Record Digest,” “Music World” and the still popular “DISCoveries.” In
the mid-'80s, he published “The Osborne Report,” a monthly newsletter covering
new releases.
   
Among the books he publishes are
pricing guides to Elvis, the Beatles, Country Records & CDs, Collectible
CDs, guides to Movie Soundtracks & Original Cast albums, $Money$ Records
and the largest one - The Official Price Guide to Records (published
yearly).
The cornerstone guide of any record
appraiser's library, Jerry Osborne's Official Guide
annual is the
world's most popular record price guide. The recordings of
approximately 50,000 different artists
are included! This edition has everything you need to know to price practically
every disc you own: singles (33, 45, & 78 RPMs), albums (10 inch &
12 inch), picture sleeves, and more. Loaded with plenty of great photos.
Covers pop, rock, country, jazz, blues, and a little of everything else
— from 1902 to present; from the very popular to the very, very obscure.
Nearly 800 pages! Prices OVER ONE MILLION RECORDS! Plus, has a Buyers-Sellers
Directory to make dealing easy — regardless of whether you want to buy
more records or sell the ones you have.
New in this edition — slightly
larger type, making it easier to read!
If you're looking for individual
pricing on records or CDs this book will provide all
the answers ! Sorry, we cannot tell
you if a unique item you own is listed in one of the books. If your item
has any value - IT WILL BE LISTED!
See Rare
& Valuable above for a sample listing of the group the Flamingos..
Click
Here For a Listing of all of Jerry Osborne's Price Guide Books
(Jerry
Osborne's Site)
Most
recent web page review : 2009 09 14
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