By the way....anybody have any info on a "purple banner" cover for a rl? There is one on the bay currentlyover 400 bucks with 3 days left with a restored spine. The photos are obviously "juiced".....
An LP is at auction and 100 people want it, bidding starts and at $100, 98 of them drop out. The two remaining bidders go back and forth with one setting his limit at $149. The winning bid is $150. What is the value of that particular record? It seems to me it would be $101. The guy that won the auction doesn’t need another one so now there are 99 people that want a copy. One was willing to pay $149 but he will no longer need to since no one else is willing to pay more than $100. Then after that one is sold $100 will be the going rate since there are 98 willing to pay that. Is there fault in my logic? It just seems to me that the value is not what that one person paid but what everyone else is willing to pay.
I just saw the destruction of a beautiful RL at a street market. The vendor, a young woman with mostly vintage jeans & clothing, had several crates of records. Hanging above the crates was a wire mesh board -- used to hang display items on walls. You all seen them before. The 'choice' records displayed on the rack were hung with those metal binder clips; powerful black stainless steel clips you pinch the wires to open. Normally this isn't a problem although the clips power is such that it can leave little dent marks on the LP cover. Here the vendor thought storing the record in its paper sleeve, tucked behind the cover, was a great thing (NOT). Result? The metal clip was directly pinching the vinyl, protected only by a paper sleeve and the poly slip cover bag. Worse, the seller would pull the record out of the clip in order to hand it to a browser. *snap* I saw a really nice clean looking early LZ II for $35. I carefully un-clipped it. The record, an RL made at Presswell, was glossy beautiful VG++. Except for the fresh deep parallel scratches on the first tracks from being pulled out of the clip. Ruined. Next to it was a clean original Velvet Underground & Nico (3rd state 'no torso' cover with unpeeled banana) likewise bearing brutal new scratches across the first tracks. I didn't even tell the vendor she was ruining her valuable records. Stupid is as stupid does.
And that's become more common for some of these trash and treasure dealers that have jump onto the "vinyl revival" bandwagon. Some people should just leave selling vinyl to others that can be bothered to care for it. Call that elitist or whatever you want, I don't care. I'd rather be labelled as a snob than more collectable and rare vinyl being destroyed by idiots that are too lazy to watch a YouTube video on how to care for vinyl or just use common sense. Recently I nearly bought a stack of LPs from one of these dealers who had insanely long nails and was insistent on removing each of the price stickers herself. After digging in the cover with her claws, I told her "no sale" and walked.
I recently paid $233. It was a lot of money - and a forgery. Interestingly enough, it was confirmed as a fake "RL SS" by the very gent who wrote that signature. Led Zeppelin II RL SS - RCA Sticker
I would even go so far as to say if it looks mint, it isn't. Because if it really was mint, it would still be sealed.
No. I can think of at least 10,000 other things that have a higher priority in my life before I'd get around to spending that much on a single LP...
So many responses.. I had a copy that went for $320.00 back in 2015 and the value appears to have gone up. I didn't want to sell it. I'd have to look at my photos to see which stamper, but "let me tell ya" that LP was everything people have been talking about. I advertised as VG+ but it played without any background noise, NO distortion, except Dazed had only a faint trace of transient distortion, thus graded VG+. If the cover has no "Gold Record Award" star, it is original too. These are terribly hard to find in NM cond, and so any wear kinda negates all that fidelity pressed in the groove. The price differential should be enormous according to condition, rare upon rare. One must be careful at the prevailing prices.. be sure to test play the record. The quality of sound matters not how beautiful the surface appears (though always a good sign) I've had records appear flawless but produce noise and distortion. Groove damage can occur in ONE play (which so many people think their coveted records are worth so much but NOT) ... because ... some knucklehead played it on Dad's old console with a worn conical stylus/ceramic cartridge.. or a dammm Crosley to make a digital copy..... and ruined the record. BE CAREFUL!
Yes, tough to find in excellent or nm condition. I have a couple. My best is probably vg+. Unfortunately it has a tiny imperfection that causes very slight jump of the stylus about 30 seconds in "Whole Lotta Love". Not unexpected for a used Led Zepplin II with RL. Got it for cheap...so wont complain.