Are you on discogs? what's the collection worth?

Discussion in 'Marketplace Discussions' started by phish, Sep 28, 2011.

  1. Dale A B

    Dale A B Forum Resident

    Location:
    Greenville, WI
    I’d be thrilled to get $8500 for my 850 Lp’s but I will not sell on eBay or discogs.
    I would Craigslist them first and then take the rest to a record store.

    As for Min/Max valuations, you would need to sell your Lp’s while living to be able to recoup anywhere near the minimum values.
     
  2. uzn007

    uzn007 Pack Rat

    Location:
    Raleigh, N.C.
    Apparently I never posted my collection value earlier in the thread. It would be interesting to see how much my collection's value has grown in the last two years, but in any case, I'm up to 1300 CDs (a lot of those just weren't entered earlier; I haven't bought 700 CDs in the last two years) and 800 LPs (I have probably bought close to 500 LPs in the last two years):

    Min $17,680.07 Med $30,183.74 Max $56,774.25
     
    black sheriff likes this.
  3. SJP

    SJP Forum Resident

    Location:
    Anaheim
    Currently:

    Min $69,002.52 Med $109,226.10 Max $176,991.97

    I still have a long way to go.
     
    Erik B. and black sheriff like this.
  4. Mondie

    Mondie Forum Resident

    My collection's value on Discos has increased insanely in recent years but especially over the last year. There must be lots of Gov money, bored people with nothing else to spend their money on etc. buying up. I think it's increased £15k at least just since January. I could never recreate a fraction of my collection now, not only the nuts prices but postage costs too have become pretty prohibitive from many countries.

    Just run an adblocker, you will see no ads at all. The site interface is not sophisticated so it is easily cleaned up by a blocker.
     
    fretter likes this.
  5. bad_penny

    bad_penny Forum Resident

    Location:
    Brooklyn
    Collection Value:*
    Min $72,559.66 Med $122,809.65 Max $214,609.50
     
    black sheriff and SJP like this.
  6. arkin

    arkin Active Member

    Location:
    California
    Current value:
    Min $16,742.33 Med $26,981.89 Max $47,938.77
     
  7. Ryan Hart

    Ryan Hart Forum Resident

    Location:
    Atlanta, GA
    Its amazing to see members with six figure value in record collections. I will assume you are long time collectors and have seen your collections increase substantially in value over the last few years? I have a few hundred CDs purchased over time and just started buying records in the last year:

    Collection Value:*
    Min $1,344.10 Med $2,393.94 Max $5,426.28
     
    black sheriff likes this.
  8. Jeff Kent

    Jeff Kent Forum Resident

    Location:
    Mt. Kisco, NY
    Collection Value:*
    Min $32,957.08 Med $59,094.27 Max $108,575.41


     
  9. markshan

    markshan Forum Resident

    Location:
    Pittsburgh, PA
    Since it gives minimum, median and maximum I would say it does, at least to an extent.

    I still need to catalog my collection.
     
  10. Mondie

    Mondie Forum Resident

    Has anyone noticed that the collection value can vary week to week by +/-£5k? It seems to move in a wave up up up then and down down down and can shift 2k in a day sometimes. I have noticed this for several years and have never understood why. It cannot be LP values changing so much in one day and I don't believe its exchange rate movements either.
     
  11. uzn007

    uzn007 Pack Rat

    Location:
    Raleigh, N.C.
    Interesting. I haven't tracked it that closely. There certainly can be random spikes in the "value" of certain individual albums, e.g. for a long time, if I sorted my collection by "Max Value," the top item was Queen's first album, because someone had sold a copy for $500 (somehow). But that would presumably only affect the "Max" values (not Min or Median) and wouldn't cause a huge shift in the entire collection's value.

    I wouldn't rule out the possibility that there's some bug in the Discogs software and all the numbers might be wrong on any given day.
     
    Mondie likes this.
  12. Crispy Rob

    Crispy Rob Cat Juggler

    Location:
    Oakland, CA
    Mine swings in value a bit, but not that severe, and just seems like what one would expect with a bunch of sales happening constantly through the site.

    I mostly look at the median price, and it doesn't often move by more than $10-20 within a day. Maybe every once in a while by closer to $100, but I always assumed it was because of an outlier either in someone paying much more or less than usual for an item, or an item or two that previously didn't having any sales finally being sold for the first time. But the larger one's collection, the larger the variation likely would be.
     
  13. bjlefebvre

    bjlefebvre Forum Resident

    Location:
    Washington DC-ish
    Collection of 600 LPs:

    Collection Value:*
    Min $9,541.52 Med $17,764.04 Max $34,898.17

    But I'll agree that the stats, which maybe giving a general sense of a collection's value, has some serious wild cards thrown in. I'd only go with the minimum or, if you're feeling lucky, median numbers. If you look at the individual sales history of any one album in your collection, you can see that there's some weird purchase numbers that can really, really inflate your "maximum" value. Here's one example from my collection:

    [​IMG]

    That George Russell gets that max figure due to exactly one sale in the last 10 that seems to have come out of nowhere:

    [​IMG]

    I've found a few like that in my collection. So I go with "median" when I'm feeling good. When/if I ever had to sell my collection as a lot, I'd probably go for somewhere between low and median.
     
  14. Pistacho

    Pistacho Well-Known Member

    Location:
    Boston
    Currently
    Min €49,318.18 Med €77,905.42 Max €124,047.21
     
  15. ukozcd

    ukozcd Jedi

    Location:
    Australia
    Now : both new additions and also gone through my Depeche Mode collection more thoroughly and added.

    Collection Value:*
    Min A$45,263.12 Med A$74,332.07 Max A$125,200.78
     
  16. neubian

    neubian Forum Resident

    Location:
    Apison, TN
    I think it is also interesting to see the average price per entry (median value divided by number of releases).
    Mine is currently $54.76 average value per entry (total number of releases recorded in Discogs so far = 1,196).
     
  17. uzn007

    uzn007 Pack Rat

    Location:
    Raleigh, N.C.
    ^^^ Check out Mr. Moneybags over here. :D

    $14.05 for this thrifty collector (average median price of 2,329 items).
     
    neubian likes this.
  18. JohnJ

    JohnJ Forum Resident

    Location:
    London
    The outliers in max values of records are often because the record is signed.

    this in turn has an impact of inflating what many people think an unsigned record is worth.

    it’s an incredible tool for cataloguing the collection. I still occasionally end up buying 2 copies of something, but that’s usually on pre-orders these days, rather than something I already have.

    I would suggest as well that prices have increased quite a bit due to physics shops being closed, and so either people just looking for a fix, or because that’s the only option for a record.

    I tend to only buy more expensive/ rarer records due to the cost of postage. For something under £10, it’s often not worth bothering when you slap on £3-50-5.00 on p&p.

    I have got quite a lot of personally signed records (circa 150), but they are generally smaller UK bands/ artists, so doubtful if that adds anything of value to anyone else - although they mean a lot to me.

    Min £13,445.56
    Med £20,320.83
    Max £32,451.04
     
  19. SJP

    SJP Forum Resident

    Location:
    Anaheim
    Just input entry #7,000.

    Collection Value:*
    Min $75,526.99 Med $120,829.89 Max $198,968.30

    I think I'm about 1/3 the way through my collection.
     
  20. phish

    phish Jack Your Body Thread Starter

    Location:
    Biloxi, MS, USA
    check this….many in of my highest values records have asking prices higher than the highest sale. This happens a lot.
     

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