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How to Collect Valuable Vinyl Records

2013-03-30   Views:2

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Collecting valuable vinyl records can begin as a simple hobby but can turn into a moneymaking venture if the right records are acquired. The value of a record is based on the scarcity of the pressing, the demand and the condition of the recording. Kn

How to Collect Valuable Vinyl Records

Collecting valuable vinyl records can begin as a simple hobby but can turn into a moneymaking venture if the right records are acquired. The value of a record is based on the scarcity of the pressing, the demand and the condition of the recording. Knowing how to spot a valuable record, where to purchase it and the right way to store the record is all part of keeping a valuable collection.

Skill level:Easy

Things you need

Clean cotton clothsDistilled waterThin cotton glovesRecord sleeves

Instructions

1

How to Collect Valuable Vinyl Records

Research records and their value. Knowing what is valuable is crucial to attaining a valuable collection. Go to websites such as Cyberguides.com to find up-to-date record prices. Consult record price guides that are released yearly. This information gives an excellent idea of what to pay for a specific record or what to charge if you are selling one. The authenticity of the vinyl, the demand, the year of the release and the condition are all important.

2

How to Collect Valuable Vinyl Records

Shop for records. Run an ad in a local newspaper or another publication asking to buy used records. Word-of-mouth is also a way to acquire them. Find records at thrift shops like Goodwill and the Salvation Army. Check estate sales and online auctions as well.

3

How to Collect Valuable Vinyl Records

Handle records with care. Avoid touching the grooved playing surface by holding a record by the outer edge. Use thin cotton gloves if possible. Avoid stacking records or placing one on a surface without a protective sleeve. Clean a record both before and after playing by using distilled water and a clean cloth. Apply the water and work the disc in a circular motion in the direction of the grooves.

4

How to Collect Valuable Vinyl Records

Appraise records regularly. The only way to know what a specific record, or your entire collection, is worth is to have an appraiser, such as Forevervinyl.com, determine the worth. The record grading scale encompasses everything about a record: playing surface, label, edges and album cover. Mint is perfect condition. Near Mint shows no obvious signs of wear. Very Good Plus shows signs of wear but good condition otherwise. Very Good means some surface noise will be evident upon playing. Good means worth of 10 to 15 per cent of the mint value.

5 Store records carefully. Maintain a constant temperature of 18.3 to 21.1 degrees Celsius or 21 degrees Celsius and avoid rapid changes in humidity. Dirt and dust, improper stacking and excessive pressure and weight can all damage a record. Mechanical or chemical damage can happen if the collection is not stored properly.

Tips and warnings

Demand is the final determining factor in a record's value.

Visit record trade shows about an hour before they close. Great deals can be found because vendors don't want to pack up heavy records.

Stay away from swap meets because sellers tend to know what records are worth and will charge top dollar.

The only true way to know a record's value is to listen to it.

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