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Buying records specifically to sell later at an inflated price, to keep them sealed so that they hold their value better and to never enjoy them for the purposes that they were intended by the artist, is not really in the true spirit of the music. Maybe not enough to consider early retirement, but perhaps enough for a decent side hustle with some patience.īut then there are certain ethical considerations. Then again, your initial investment isn’t that much, so if you pick the right albums, you can probably make a little money. But in some instances, it can also drive the price up! Especially if the reissue sells out fast. What if the artist decides to do another run? In a lot of cases, that can drive the price of the original release down, as it now becomes readily available to meet the demand. Obviously there are risks associated with “investing” in vinyl. So, if vinyl records can go up so much in price, do they make a good investment? Well not exactly. Quite an interesting tactic that artists themselves may even employ. It certainly worked for me, as I immediately started looking at what else he had available and for what prices. I noticed this seller is selling his entire collection, and I wonder if the high price tag on this record is a clever way to get noticed by buyers. I contacted the seller and they actually corrected the price, it is now down to $15, but it seems like a strange mistake to make. This doesn’t seem to be a particularly rare record, and this copy isn’t listed as a first pressing, or with any other distinguishing features to afford it the lofty price tag. The next most expensive copy of this album is going for around $9. At the time I looked, it happens to be a copy of The Fabulous Steel Guitar Artistry Of ‘Little’ Roy Wiggins available to a lucky buyer for no less than $1.1 million USD. That price increase is a great return on investment (I bet this guy is kicking himself now)! On principle, I am against this sort of jacking up of prices, mainly because it leaves a gap in the market for the sale of pirated copies and unofficial release, which I don’t agree with, but also because I just don’t want to pay this much for a record that is two years old! It’s hard to imagine that the age group that froths for Frank are spending this much money on a single record, but I guess if people are willing to pay that much for the album, then that’s just what it’s worth now.Īfter seeing this hefty price tag on a record like this, I was curious to see what the most expensive record on the Discogs Marketplace is. And these records aren’t even in mint condition, almost all of them mention outer sleeve damage (even the ones still shrink wrapped), and one even admits to an audible fault on one of the tracks. The record was originally priced at $45, now the cheapest one available on Discogs is $350, and the most expensive is listed for $1200. This album was released in 2016 and a limited number of vinyl pressings were produced for the Black Friday 24-hour sale of the same year. Recently, I was checking out the Discogs Marketplace for a particular record, Frank Ocean’s Blonde. Top 10 Most Expensive Vinyl Pressings Ever Sold How much is too much for a damn record?