chas_kit
G45 Legend
- Joined
- Apr 25, 2011
- Location
- Hudson Valley, NY
Clueless ebay buyers
- Thread starter chas_kit
- Start date
- Joined
- Apr 20, 2011
- Location
- The shores of southern CT
As I stated, ain't capitalism GREAT??
How else can you make easy money?
Also nice to know I have a potential 6K plus with my two copies
How else can you make easy money?
Also nice to know I have a potential 6K plus with my two copies
KipBrown
Mark VII Class
- Joined
- Apr 4, 2016
The rumors I have heard is that there are a handful of rather wealthy people who have decided to collect garage records so they put down astronomically high bids to make sure they win, even if it's at an inflated price. Regular collectors make futile efforts to win and only succeed in making the rich people pay more. It appears there are some wealthy people battling it out for the legendary pieces. I haven't won a record off of eBay in years and the only one I've gotten lately was a set sale. I bid $700 on an Aardvarks on Fenton and wasn't even in the top five finishers as it ended up going for $1500. This has made me consider selling some of my choice pieces while the opportunity presents itself. The bubble will burst on this eventually.
things to come
Mark VII Class
- Joined
- Aug 15, 2013
We can only hope,kip
- Joined
- Apr 20, 2011
- Location
- The shores of southern CT
Black Watch on Fenton sold for $4,300 VG +.
When will we see 10K for a garage 45? All other genres have broken that barrier.
When will we see 10K for a garage 45? All other genres have broken that barrier.
masterbeat64
Fleetwood Class
- Joined
- Dec 19, 2022
In 1970 when I started seriously collecting records, as opposed to buying new releases, the rockabilly scene was populated almost exclusively by 20-30 year old working class European males. In those days there was precious little knowledge about relative rarity and next to no label discographies. Word of mouth and primitive fanzines were our sources of information. A few intrepid souls like Dan Coffey and Charlie Barbat, had travelled to the US and returned with boxes of 45s dug out of warehouses, the back rooms of record stores and jukebox distributors. None of us knew how many or how few copies of these discs existed, so there was no 'official' price on most of them. The customer base's disposable income largely dictated the price (Capitalism in action!) Here's an example:
Four x 25 boxes of Carl Mann's 'Gonna Rock and Roll Tonite' were discovered and sold for £1 each. There were enough to go round and most of those who wanted it got a copy. Thus it was seen to be 'common'. It was the same with Benny Joy/Dixie, Lynn Pratt/Hornet, Billy Wayne/Hillcrest and other great records. In all likelihood these copies were the only mint ones in existence, but at the time no one was aware of this. Then, around 1972, some higher income players entered the scene. These characters were from the professional class; barristers, bankers, stockbrokers, the offspring of wealthy parents, etc. Suddenly, prices went north at a rapid pace. The standard was $200 for a sought after disc, even if it was part of a bulk find.
By the late eighties things had settled out a bit, but the prices of top class rockabilly 45s remained high. From memory the first $1k 45 was sold in 1985; Hi Tombs 'Sweet Rockin' Mama'. A mint copy. For contrast, I bought a mint Starfires 'Linda' for $10 in 1985.
Nowadays there are probably less people collecting original rockabilly 45s and the price of many relativelycommon pieces has stagnated or dropped from the halcyon times. Nevertheless the top drawer items in fine condition still fetch high prices. One of the reasons for this is scarcity of vg++ and above examples. This is mainly due to the fact that records from those early bulk finds were played on very inferior equipment - those stand alone record players with sapphire styluses that every home had back then. Some years ago the son of a recently deceased collector who I had known from those days offered me first dibs on his dad's collection. Some fine rarities for sure, but all of them had been tortured to death by various crap needles, rendering the collection just about worthless.
Given the common recurrence of events, it seems likely that 60s teenbeat collecting will follow a not too dissimilar path. The bubble may well fracture, but not burst entirely.
There's another paradox associated with this tale, but I've bored you enough for one day.
Four x 25 boxes of Carl Mann's 'Gonna Rock and Roll Tonite' were discovered and sold for £1 each. There were enough to go round and most of those who wanted it got a copy. Thus it was seen to be 'common'. It was the same with Benny Joy/Dixie, Lynn Pratt/Hornet, Billy Wayne/Hillcrest and other great records. In all likelihood these copies were the only mint ones in existence, but at the time no one was aware of this. Then, around 1972, some higher income players entered the scene. These characters were from the professional class; barristers, bankers, stockbrokers, the offspring of wealthy parents, etc. Suddenly, prices went north at a rapid pace. The standard was $200 for a sought after disc, even if it was part of a bulk find.
By the late eighties things had settled out a bit, but the prices of top class rockabilly 45s remained high. From memory the first $1k 45 was sold in 1985; Hi Tombs 'Sweet Rockin' Mama'. A mint copy. For contrast, I bought a mint Starfires 'Linda' for $10 in 1985.
Nowadays there are probably less people collecting original rockabilly 45s and the price of many relativelycommon pieces has stagnated or dropped from the halcyon times. Nevertheless the top drawer items in fine condition still fetch high prices. One of the reasons for this is scarcity of vg++ and above examples. This is mainly due to the fact that records from those early bulk finds were played on very inferior equipment - those stand alone record players with sapphire styluses that every home had back then. Some years ago the son of a recently deceased collector who I had known from those days offered me first dibs on his dad's collection. Some fine rarities for sure, but all of them had been tortured to death by various crap needles, rendering the collection just about worthless.
Given the common recurrence of events, it seems likely that 60s teenbeat collecting will follow a not too dissimilar path. The bubble may well fracture, but not burst entirely.
There's another paradox associated with this tale, but I've bored you enough for one day.
- Joined
- Apr 20, 2011
- Location
- The shores of southern CT
Several collector pals expressed the bubble is gonna bust fear back in the late 1990s. They decided to sell their collection of 60s garage 45s. Each one later lamented doing so. A few even had to pay 5x the cost they sold a 45 for when buying it back.
My take is the sky is the limit regarding prices now, as you have inexperienced buyers joining the fray along with the copycat dj sect. The biggest change in the past 10 years is that condition is no longer a factor eith regard to prices paid. It is all about obtaining the 45.
My take is the sky is the limit regarding prices now, as you have inexperienced buyers joining the fray along with the copycat dj sect. The biggest change in the past 10 years is that condition is no longer a factor eith regard to prices paid. It is all about obtaining the 45.
things to come
Mark VII Class
- Joined
- Aug 15, 2013
That is seemingly true but I will never overpay for a hammered copy of anything or a mint copy of a record that is mint either.peopl are getting tricked into thinking this is an actual value.want to see if the person who paid 3 to 4000 for any record will ever get their money back.i cant imagine people paying 4000 on a straight sale.in my opinion people will never get their money back!!!!
- Joined
- Apr 20, 2011
- Location
- The shores of southern CT
I don' t think these over the top buyers care about getting their money back.
things to come
Mark VII Class
- Joined
- Aug 15, 2013
things to come
Mark VII Class
- Joined
- Aug 15, 2013
Maybe but maybe not!
things to come
Mark VII Class
- Joined
- Aug 15, 2013
Maybe but maybe not!
I sold my collection last year and was happy with the prices I got. I now see certain items I had go for triple the amount I got for them, but who cares, I am happy the buyers are happy and I made sure not to sell to any dealer or dj.
To me it is what anyone is willing to pay for a certain 45. Maybe after a very high offer no one will ever want to pay more than maybe half of that. After the fat cats come the smart cats
To me it is what anyone is willing to pay for a certain 45. Maybe after a very high offer no one will ever want to pay more than maybe half of that. After the fat cats come the smart cats
captainsalty
Ikon Class
- Joined
- Apr 28, 2011
those prices are so crazy. i check ebay every night, but hardly ever win anything, 5 records per year, max! i used to win 5 in a week 15 years ago or so.
remember that "insane collection" from like 10 years ago? took a look at it recently and was really stunned about the price tags that by that time seemed ok, but not cheap. now, if i received that list, i would probably just write back "I'll take them all!"
remember that "insane collection" from like 10 years ago? took a look at it recently and was really stunned about the price tags that by that time seemed ok, but not cheap. now, if i received that list, i would probably just write back "I'll take them all!"
green.scream
Mark VII Class
- Joined
- May 12, 2021
- Location
- Victoria, British Columbia
There’s a “Poor” condition original CHOB - Were Pretty Quick on eBay right now. It will be curious to see what that ends up at at auction end…
green.scream
Mark VII Class
- Joined
- May 12, 2021
- Location
- Victoria, British Columbia
Just over $2000…
