Discogs Collection Value Estimates Dropping

Has anyone else noticed this lately?
Ive seen all the estimates dropping and by a good bit too. Discogs has started to shorten the number of listings on the Sales History for most releases, maybe this is the reason?

 

No, I haven't noticed this at all. My collections value jumped about £10k early into lockdown and has held there +/-£3k ever since. It has trended upwards for years now, maybe that's down to how much music I buy

 

I haven't tracked my value estimates there but judging by the increase in cost for buying LPs, I would think they would be going up not down. Maybe it's just because of what I like and buy in music, things I buy are not real common and there for increasing in value.

 

Im buying more all the time, but the estimates just keep going down for me. Very strange.

 

I don't understand, could it be currency related. How is the Krona going against major currencies like the $/£/Euro?

 

My wife, “What difference does it make? You’re never going to sell them.”

She is of course correct.

 

Mine has gone up.

 

This is why I’ve not even bothered to attempt an estimate of the value.

However, I guess it could matter for insurance purposes...

 

I'm a little scared to do it. Worried that I might be tempted to liquidate if I saw the real value.

 

Is this the beginning of the end of the Vinyl Renaissance?

...could be...

 

Are you an LP or CD buyer

 

Good question. I thought it was doing a bit better recently, but I may be wrong.

 

LPs only.

 

You may feel free to check my collection:
Check out leonthepro's music collection on Discogs

 

Okay, there goes that theory. I was suspecting, like myself, you might be a CD collector and the lowering value of CDs would explain it, but I'm wrong.

 

Bingo!

 

In my case, I’m too lazy to bother selling them off, and wouldn’t want to, anyway, so I would just have the painful knowledge of how many dollars’ worth of records and CDs I’m sitting on...

 

I know if I click on my collection page, the price listed for each item is different than is listed under the sales history on the release page. I think the release page sales history, and price given there, must represent a different time than is shown on the collection page? Or something...

My total value hasn't gone down any. It's too high! I'm not tempted to sell it en masse but I know what you guys mean by saying you wouldn't want to know the real value....

 

It's not too important. Many of my albums are priceless to me as I associate memories of what was involved in buying and listening to them.

 

Its starting to go back up again now, I guess it was just a slump in the market value of much in my collection.

 

Why in the world would this be surprising? The value of physical media has been declining. Vinyl's peak was probably about a year ago and will enter a period of slow decline. The value of CDs cratered, and even the less common stuff is in slow decline now, for the most part. I would expect that in ten years, the value of most collections will be around half of what it is now.

 

Geez, the Max has increased over 1000$ just today and its still going up every time I look.

 

I have been noticing that everything does indeed drop except the top-shelf stuff. And the stuff that does go up in value from a $10 items say to a $20 item ten or fifteen years later has not really gone up that much due to the value of the dollar's decline.

I am getting $8.99 to $14.99 for many CDs I am selling which sounds ok, until I think it is in the range I paid 20-30 years ago, and inflation. Whatever I have lost on them I have made back on other titles that have gone for higher amounts. It's likely a break-even ordeal only because I held onto the nicer more rare items, and am only now letting them go.

Vinyl started to drop ten to fifteen years ago. There were a lot of hard to find psych titles that have now come out as reissued on LP and CD. Sundazed has been responsible for the drop in the value of many American psych and garage type LPs. It is bad enough when a rare one gets an LP reissue, but when a CD comes along it really drives down prices on originals.

Folks who bought carefully, and kept their stuff in immaculate condition will do fine. This is the type of collector who kept shrink wrap on LP covers and stored them in poly sleeves. When one offers their items for sale, this is the type of condition buyers are looking for if they have money to spend.