Have you just found some old Vinyl Records in your basement or attic and you are wondering how much they are worth? Well, keep on reading and I'll go through some of the distinct variables that must be considered when putting a value on a record.
1. Condition
This is maybe the singular most leading factor when setting a value on a vinyl record. Does the record have scratches? Is the cover intact? These are some of subjective judgment you need to make when grading the condition of your vinyl records. There are several distinct grading systems and methods that can help. There is no proper system, any way some are more widely proper than others- I suggest using the system made by Goldmine:
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Mint (M)
Absolutely excellent in every way. easily never been played, possibly even still sealed. Should be used sparingly as a grade, If at all.
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Denon DP-300F Fully Automatic Analog Turntable Feature
- Designed with a heavier base construction to decrease vibration for superior performance
- Tone arm action starts and stops automatically using gentle lifting and lowering motions to protect your vinyl
- Moving-magnet (MM) cartridge headshell is removable
- Turntable sheet is 5mm thick; uses hologram vibration analysis to improve its ability to hold a record
- DC servo motor and belt drive system with rotation speeds of 33 1/3 or 45 rpm
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Near Mint (Nm or M-)
A nearly excellent record. Many dealers won't give a grade higher than this implying (perhaps correctly)that no record is ever truly perfect. The record should show no inescapable signs of wear.
Very Good Plus (Vg+)
Generally worth 50 percent of the Near Mint value. A Very Good Plus record will show some signs that it was played and otherwise handled by a old owner who took good care of it.
Very Good (Vg)
Generally worth 25 percent of Near Mint value. Many of the defects found in a Vg+ record will be more pronounced in a Vg disc. Face noise will be obvious upon playing, especially in soft passages and during a song's intro and fade, but will not overpower the music otherwise.
Good (G), Good Plus (G+) commonly worth 10-15 percent of the Near Mint value. Good does not mean Bad! A record in Good or Good Plus condition can be put onto a turntable and will play through without skipping. But it will have valuable Face noise and scratches and illustrated groove wear
It is normal to use this scale to grade both the condition of the vinyl record itself and it's along sleeve. Giving your vinyl records (an their sleeves) an as honest and literal, condition grading is the first and most leading step towards understanding their value.
2. Contribute and demand
Of procedure not all vinyl records is artificial in the same number. Some records, by say The Beatles, could be mass produced in the millions, while most records released by smaller artists on smaller independent labels would just pressed in runs of a few thousand or even less. However, that vinyl records by The Beatles or Rolling Stones holds diminutive value and that records by inexpressive bands holds an higher value. Rather, on the contrary, some of the world's most valuable records are by The Beatles. How? That is related to publish number, publish year and the history and modern-day popularity of an artist or band. Let's first look at History and popularity.
3. History and popularity
Vinyl records that report a historic value today often commands high prices. Examples can be early Motown singles, as Motown grew to became one the biggest and most leading institutions for soul music, same with former releases from genres like stable rock, krautrock, psychedelia that have grown in popularity over the years. Also, recordings from artists and groups that have grown in popularity over the years or first received the recognition they deserved after their demise often commands high prices.
4. publish whole and publish year.
Without the publish number, which also tells you which label released the record and publish year it is very difficult to set a value on a vinyl record. First of all, some labels might be more collectible than others. That is especially true of inescapable labels that specializes on one-off and diminutive vinyl releases. Secondly, and more leading publish whole and year will tell you which pressing you own, if you own the former first pressing or a re-issue for example. Most beloved records will be pressed in more rounds depending on beloved demand. If you have former pressing of a Beatles record from 1965, you can be sure that this record is worth more than the same Lp reissued in 1973 for example. The world's most valuable vinyl records are often whether test pressings or former releases that have been pulled off the shop for varied reasons and therefore very few copies are in circulation.
5. Extras and diminutive Editions
Many vinyl records are also often pressed in two distinct editions. The normal one in a high whole and a special edition in a very diminutive run. These often includes extras, inner sleeve with liner notes, gatefold cover, further songs and similar. This is then also leading to take into notice when asserting the value of a vinyl record.
These are the five most leading aspects to take into notice when asserting the value of Vinyl Records. More data on value of vinyl records is ready both online and in book form.
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