How much is my old vinyl worth?
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Saw that someone came to this weblog hoping to discover "how much is my old vinyl worth."
Short answer: less and less every day. We're slowly decreasing the space we give to used vinyl. Some folks still buy used LPs because they are cheap ways to sample music. A slender group of younger customers buy old records because the are 'cool.'
Many (not all) CDs offer better sound. With older music (from the 78 & 45 eras) they offer cuts that were extremely rare or never released on vinyl. Old 78s retained value often because the music was never released on LP. That is a very small fraction of the surviving 78's. Old Paul Whiteman records became nothing more than environmental hazards.
The few old records that will continue to be collected are the ones that a book collector would describe as having bibliographic significance: rare first issues of Beatles music, say.
But the collectors for this material will continue to dwindle. An uncommon and interesting old record might not be destined for the trash pile but there's no reason to hope that it will rise in value.