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LP Collections and Market Value
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S888Wheel
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From: johnebravo836
Date: 8/24/2004 8:15 AM Pacific Standard Time
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I saw this link in a discussion on the classical music recordings
newsgroup and thought that some people in this group might also be
interested in the article . . .
http://www.recordcollectorsguild.org...ics_value.html
Good article. Used classical records are not something to be used for
investment purposes. Although I think the next couple years will be good times
to buy collectable classical records. Collectables markets are tricky things. I
remember all those people rushing to McDonalds to get Beenie Babies. Mc Donalds
mada a killing and left collectors with nothing special. Try getting your money
back on any modern trading cards. Even animation cels have proven to be dicey
investments. I wonder if the market on collectable jazz LPs will ever drop.
That still looks as good as real estate in terms of investment value. Of course
true collectors real interest in value is all about bragging rights. Hard core
collectors aren't usually willing to sell unless it is a means of supplementing
their collecting.
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