No definitive answer to this situation. It's whatever works for a particular person. Also, on the digital side streaming will make the question non-consequential.
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I have all the music I need. I'm now only interested in the "Super Fine". Disks that would make Harry Pearson's "Super Disk" list. Of course, I want to buy new music by exceptional new artists (e.g. Sarah Jarosz).
I'd like to acquire premium offerings e.g. Bill Evans MOFI on 45 rpm vinyl but they sell out before I learn about them!
By a certain age, most audiophiles have multiple versions of the same music in different formats. Cassettes, vinyl, CDs and downloads, it's all good! Even in the same format (vinyl), it's hard to resist buying the MoFi version even if you own the same material on the original label. It's just the belief that it may sound different (better, hopefully) than the one you already own. It's no sin and, if you have the means, you just go for it. The same is also true for equipment. How many turntables does a person need? I know a guy who has thirty (yes, thirty). Yikes!