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Discogs Collection Value Estimates Dropping

Discussion in 'Marketplace Discussions' started by Leonthepro, Aug 30, 2020.

  1. Leonthepro

    Leonthepro Skeptically Optimistic Autodidact Debater Thread Starter

    Location:
    Sweden
    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?
     
  2. Mondie

    Mondie Forum Resident

    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 :laugh:
     
    Leonthepro likes this.
  3. Brian Lux

    Brian Lux One in the Crowd

    Location:
    Placerville, CA
    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.
     
    Leonthepro likes this.
  4. Leonthepro

    Leonthepro Skeptically Optimistic Autodidact Debater Thread Starter

    Location:
    Sweden
    Im buying more all the time, but the estimates just keep going down for me. Very strange.
     
  5. Mondie

    Mondie Forum Resident

    I don't understand, could it be currency related. How is the Krona going against major currencies like the $/£/Euro?
     
    Leonthepro likes this.
  6. spencer1

    spencer1 Great Western Forum Resident

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

    She is of course correct.
     
  7. OldSoul

    OldSoul Shattered

    Location:
    Vallejo, CA
    Mine has gone up.
     
  8. Big Blue

    Big Blue Forum Resident

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

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

    Rosskolnikov Designated Cloud Yeller

    I'm a little scared to do it. Worried that I might be tempted to liquidate if I saw the real value.
     
    Big Blue likes this.
  10. Johnny Action

    Johnny Action Forum President

    Location:
    Kailua, Hawai’i
    Is this the beginning of the end of the Vinyl Renaissance?

    ...could be...
     
    troyvod likes this.
  11. mwheelerk

    mwheelerk I think we were meant to be but we did it wrong

    Location:
    Gilbert Arizona
    Are you an LP or CD buyer
     
  12. Leonthepro

    Leonthepro Skeptically Optimistic Autodidact Debater Thread Starter

    Location:
    Sweden
    Good question. I thought it was doing a bit better recently, but I may be wrong.
     
  13. Leonthepro

    Leonthepro Skeptically Optimistic Autodidact Debater Thread Starter

    Location:
    Sweden
    LPs only.
     
  14. Leonthepro

    Leonthepro Skeptically Optimistic Autodidact Debater Thread Starter

    Location:
    Sweden
  15. mwheelerk

    mwheelerk I think we were meant to be but we did it wrong

    Location:
    Gilbert Arizona
    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.
     
  16. Brian Lux

    Brian Lux One in the Crowd

    Location:
    Placerville, CA
    :laugh: Bingo!
     
  17. Big Blue

    Big Blue Forum Resident

    Location:
    Wisconsin
    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...
     
  18. BeardedSteven

    BeardedSteven Forum Resident

    Location:
    Southern Indiana
    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! o_O 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....
     
  19. sons of nothing

    sons of nothing Forum Resident

    Location:
    Illinois
    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.
     
    Dave and Rosskolnikov like this.
  20. Leonthepro

    Leonthepro Skeptically Optimistic Autodidact Debater Thread Starter

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

    NettleBed Forum Resident

    Location:
    new york city
    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.
     
  22. Leonthepro

    Leonthepro Skeptically Optimistic Autodidact Debater Thread Starter

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

    quicksrt Senior Member

    Location:
    City of Angels
    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.
     

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