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>>In particular I was told the Sgt. Peppers album is a collectors album due to the good condition and the "cut out" insert?<<
There are tens of thousands (conservative estimate) of this album in collections and for sale. The cut out sheet is no big deal.
Very few Sgt. Pepper albums are "collector's pieces". Even first pressings in great condition with early stamper codes sell for under $100.
Listen and have fun; you won't get rich selling it.
popsike.com is very interesting. I have no intention of selling any of my vinyl but it's always fun to see what things are being collected and how much the market will bear. It's amazing to me how much my Mickey Mantle baseball cards are worth even using a conservative condition rating. I doubt much of my vinyl is worth much though as they were somewhat abused in my teenage years!