Interesting development


I tend to follow the sales of various LP’s on Ebay. Recently, i have noticed that the price of many of them seems to have skyrocketed! For example, many of the Mobile Fidelity albums have sold for prices that are two-four times more than what they were when new! This is a new development, as only recently, say in the last six months, the same LP’s were selling at or below their original retail price, no more! The recent MFSL reissues of the  Miles Davis LP’s are a good example...some of them sat on the various sites that sold them new for years at the same price, or even slightly below...now we see these very same albums going for up to four times what they originally sold for..
Same goes for several of the Analogue Productions reissues..what’s up??

128x128daveyf

Showing 1 response by ruraltraumasurgeon

Look at the demographic that spends lots of money on vinyl records.

I grew up with vinyl and I experienced all of its problems, so I am a young member of the baby boomer generation that likes CDs and downloaded digital music. 

Although my son is not an audiophile (yet), he and many of his generation made a great deal of money as entrepreneurs. They are buying vinyl in droves and others are buying incredible digital systems. Companies such as MSB Technologies are catering to this new crop of Silicon Valley millionaires for digital ($84K DAC?) and this generation of vinyl-lovers are grabbing all of the content that they can. It is an artificially-inflated market and the suppliers' profit by offering a limited product, keeping subsequent prices high, even of reissues.