Blue Note reissues as an investment?




What are your thoughts about the investment potential of the Music Matters' numbered limited edition releases versus the unnumbered limited edition copies? How about the Analogue Productions limited edition numbered Blue Notes?

(Some will be outraged, no doubt, about people buying these with the intent to sell on ebay in the future but that's a different issue. Frankly, I have no problem with it; People buy art, real estate, etc as investments and this is no different.)

I just ordered the Music Matters' subscription but plan to listen to all of them and sell only what I don't like. That said, I hope I love them all. If I had the money (I don't) perhaps I would buy two sets and keep one as an investment.

BTW, Elusive Disc just announced they have more subscriptions available in case you thought you missed out.
kublakhan
Speculation is as said, "Risky Business". I don't see much risk if you hold to your stated path. Were I to speculate or try to predict the future on something for profit short term, I'd buy tickets to the next super bowl... there'll sure be a market for resale there.

If this new or latest issuance isn't har to get now, what would make you think it will become more sought after at some later date? Or... won't be reissued yet again by those who have the rights to it at that time??

I'd do just as you said... buy try and keep those which I prefer and IF at some later date there is a demand for the 'now used' product... then sell.

Good luck, but I'd not get my hopes up too much... as it all comes down to supply and demand... How many will want them/it, and how many will be available?

All the best...
What Blindjim says makes sense to me. IMHO collecting anything is a question of passion ( or obsession ) and that is the best reason to do it. Often enough, if you go for what you love, that love will be returned some way down the road.
With music in mind- Supply vs Deamand will likely be on the more supply than demand for all music. Classical getting hurt the worst.
What I want toi say is that, quite bluntly, as the generations who most desire the product pass away, the demand for this music, passes away.(oversupply)
Look at what has happened to classical miusic. It occupies a miniscule segment of the market. In turn Classical musicians and new production have, liitle support for promotion for space, ads, radio time, entire radio programs i.e the station no longer exists. In Philly one station has committed one half of it's day to Classical and that is a College supported station from Temple U. in fact. Support by the even smaller group called audiophools, is not enough . We simply cannot float that market ourselves it will survive only if more robust popular support emerges from the broad market. It is clear that the current music dollar is not headed toward Clasical production. It is a self fulfilling prophecy.
The few brick and mortar stores left that have music on discs devote most of their display to pop. Demand always depends on the larger markets. In many cases there is no classical at all to speak of. Compare this to when Tower Records opened it's doors in NYC 25+ years ago. They needed an entire separeate room on a different level physically and metaphorically to handle the demand. When the last Tower Records closed in my area, it had a half of a short ailse, in a pathetic, now empty, but once was, a bustling classical and Jazz only room to pick off the remains.
In the total demographic only very old people will show a significant preference for classical music and cool jazz. This is not a market segment that attracts marketing or production money, so it withers on the vine.
Ultimately I think it bodes poorly for an investment. Invest in it for yourself forget reeping any real profit. If you really disagree and think there will be a general demand for these records you should respect the laws governing value for anything collectable. The rules are simple 1. Condition 2. Condition 3. Coindition etc.......to make certain the collectable remains valueable use the collecting rule of perfect condition keep it" New In Box untouched." That's always the most desirable thing to any collector.
Classic Records, Analogue Productions, Mosaic, Music Matters - they're just going to keep coming. There will always be supply to fill any major void in demand. Frankly, I think the LP craze peaked (pricewise) in 2006. I have close to 200 sealed records (just because I haven't gotten around to listening to them yet). Some are very desirable - and very very few have gone up in value over the past couple of years.

The Music Matters issues, at almost $60 per issue incl. shipping, are pushing the pricing envelope if you ask me. Is someone going to pay $100 for these down the line? Depends how many are floating around out there. All I see on the MM website is "limited edition". In fact - the 2500 copy figure is notoriously absent from MM's documentation. It seems to appear in all the dealers' literature, but not actually in MM's words anywhere. I don't see any explicit guarantees that the Master will be destroyed and that they won't start re-pressing at a later date.

Also look, for example, at "Mosaic Complete Recordings of Miles Davis Quintet 65-68" - a 10 lp set in unplayed condition just sold on Ebay for $202.50. That's a whopping $22 over the original purchase price. And that's TEN lp's for $202.

I'd buy 'em cause you want them, and leave it at that.

Also re: the numbered copies. If they're pressing 2500 copies of each, I would ask how many stampers they're using. If multiple stampers, it's possible that an early non-numbered pressing from Stamper #2 may be superior to a late-numbered pressing from the end of Stamper #1's run.
If their plan is to run only one stamper - or press directly from the Father - I would definitely NOT opt for non-numbered copies.
Collectibles are generally not a good investment. Want to buy some Beanie Babies?

Look at something very collectible like the Mobile Fidelity boxed set of the Beatles. It retailed for around $300

Historically you can double your money in the stock market about every 6 years. That set was released 26 years ago so you would have had about 4 doubles in that time.

$300 x2 x2 x2 x2 = $4,800

Sealed sets are pretty rare but opened ones go for around $1,000 so it is hard to imagine a sealed one would get almost 5 times that.

It's like those late 60's early 70's muscle cars going for 100-200 thousand. Still a bad investment. Using the same math on a car that cost $3,000 in 1970 it would have doubled maybe 6 times.

$3k x2 x2 x2 x2 x2 x2 = $192,000

Factor in the insurance paid each year that would also have double in value every so many years had it been invested (take just the first year and let's say it was $200 it would be worth almost $13,000 now, each year compounded a little less but easily a few $100K after 38 years), add maintenance, garage space, and the off frame restoration it takes to get top dollar that costs probably close to $50,000 and you just lost your ass on that deal.

That doesn't include the pleasure of ownership but as an investment it doesn't do so well. Buy them because you want to listen to them and enjoy them.