Putting A Value On Vinyl Records

In part one we discussed the most important element of vinyl record appraising, the condition of the record and LP jacket or sleeve and the methods used in grading a vinyl record. In this section we will explore other elements that factor into the value of a record.

Scarcity

Many, many millions of vinyl records are in circulation, with almost every household in the US, either having some vinyl records at one time or another. We even had a vinyl record ‘boon’ from around 1955-1980. But, how many of those records are still around and more importantly, what condition are they in?
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Putting A Value On Vinyl Records

One element of the ever changing music industry is that the sale of vinyl records has increased and that these audio treasures are still in demand. In our age of digital products and downloads, there are still millions who prefer the sound and experience of vinyl records. In this two part article, let’s explore how a person can ascertain just how much a particular record is worth.

There are many factors and variables that come into play, whether buying or selling records. The ‘grading’ of a record is very subjective and because no two people grade the record the same, many problems arise when reselling new and used vinyl.
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