Buying Records

@herman ”Cheaper today than they were 50 years ago”

You are spot on as l have converted your dollars for UK pounds. Some records l deliberately leave the price labels on if they will not damage the cover, mostly for nostalgia, or as a reference of where l bought them. So l have also double checked a few.

The thing is, 50 years back records were in single figures. Now they are in high double figures, they only l👀k to some buyers that they are more expensive. It appears that those who question this may either have a bad memory, or just can’t figure it.

@mylogic + 1 - back in 1968, I could buy a new stereo LP for $5.00; the equivalent today is over $40.

In 1968, I would have thought that $40 for an album was outrageous, too. Hasn't been 1968 for awhile. 

@larsman 

You are correct. 
 

The exchange rate for the $ - £  was in the region of 2.40 dollars for 1 pound in 1968. An EMI group of companies record was £1/19/11 (one pound 19 shillings and 11 pennies) the closest you could really get to £2. CBS records were £2 1 shilling.

All a banker/mathematician needs to do is to work out the total inflation between then and today.

Any takers?
 

Date above for record prices in UK should have been amended to read

1970.

The Link is where I make some of my pre Xmas Hol's purchases of a Vinyl LP.

This is one way to ensure the artists receive maximum remuneration for their produced work. 

It is a shame such a portal can't create a streaming platform, where the artist get very fairly remunerated.    

https://bandcamp.com/discover/all/vinyl