Vinyl Record Prices Are Only Going Up!!! Top 5 Reasons Why!!!

[@beauwilliamson3628]

The vast majority of comics are worth $1 or less. Same with trading cards. So I agree the big names are just going to keep shooting higher, but I wish all the consignment stores and Record Fair dealers didn't think that means every record is worth 15-100 bucks. I've seen so many Queen etc. records that are in unplayable condition with a 30-40 dollar price tag. It's painful to me, but maybe fair that an OK copy sells for that, but when it's spent the past 3 decades as a welcome mat in front of the local pub - it's just not worth that anymore. I almost dropped 100 on a grail the last fair I went to, only to notice what looked like a deep knife cut across the whole second side. Dealer says, 'yeah, but the first side plays near mint.'

[@dotsloops7486]

Nothing worse that albums that sold millions of copies in average condition for big bucks. But it’s becoming more and more the norm and I don’t see that slowing down. Thanks for comment! 🎉

[@W12MODS]

I'm in the UK and Queen albums do not hang around long in my local record shop.

[@dotsloops7486]

Queen in particular has really gone up in price last 7 years or so!

[@TheHogsEarReport]

@@dotsloops7486 Antique malls are getting insane! I saw a seller asking $400 for a copy of John Lennon Double Fantasy.

[@JerryWCarman]

Anybody that buy vinyl is asking to be scammed. Buy CDs and cassettes, you'll spend allot less money.

[@dixielandfarm]

Very interesting, Dan. I wish I had patience to sell - I probably could switch to digital for half my collection and be more than happy with having the space, enjoying my collection, giving up nothing, and having that money to reinvest in hunting down those ones I NEED on vinyl.

[@dotsloops7486]

I am getting tired of hunting vinyl down. It’s exhausting! Be well! 🎉

[@progrocktommy]

Enjoyed your insights about vinyl prices. I noticed the local record stores used vinyl prices are up. Example Steely Dan recods used to be $10 but now are $29.99 used copies. Take Care!

[@dotsloops7486]

The “Dan” has gone way up indeed! 🎉 Thanks for watching!

[@ThatVinylChannel]

My local Walmart still has at least 50 Adele 30's on the shelf and now they are marked down to $10.

[@monaural2.988]

That release was grossly overpressed. What’s more, many of her fans that snapped up 19, 21 & 25 said 30 was awful.

[@henrys3629]

I got one for $10 many years ago at a record store on record store day. The owner got a deal on them and sold them on RSD because he got hosed on RSD releases.

[@usquebaugh1]

Another entertaining and speculative segment from Dots & Loops. Cheers!

[@dotsloops7486]

D&L voodoo logic! Facts! 🎉

[@davidellis5141]

Back in the 90's when bands like The Chameleons , Comsat Angels and The Sound had their catalogs reissued on cd with bonus tracks it was very exciting. It wil be several years before vinyl reissues of these types of acts occur leading to further scarcity & value of the long out of print original vinyl pressings.

[@simonzinc-trumpetharris852]

Chameleons were excellent. They deserved more recognition.

[@carjo512]

Great video Dan , good point about vinyl prices going up, the band on your Shirt Duran Duran Rio the price this one is up there. also the price of some Classical recordings aref etching bigger bucks these days.

[@dotsloops7486]

I see every genre of vinyl going up, it’s universal! Thanks for watching! 🎉

[@TheVinylVoyage-ud3uf]

Great video! Wouldn’t disagree with any of your 5 points for why second hand vinyl will rise. I’d also add desirability. Out of all physical media, record collecting has by far the richest history which a whole new generation are discovering for the first time. The romanticism of vinyl is just beginning for all these new collectors and this will continue to drive prices up as they grow into the hobby. Subbed. Cheers, Jack

[@dotsloops7486]

Agree Jack. Only appears to be gaining more and more strength, thanks for the Sub!!🎉🎉🎉

[@seekingathread]

Good and concise thoughts Dan. So what you're saying is I shouldn't feel shy about ponying up for rare Krautrock? Great, I won't feel bad anymore.

[@dotsloops7486]

That’s it in a nutshell! 🎉

[@warrennelson1317]

Thoughtful and very well reasoned arguments. I totally concur, vinyl prices aren’t going down anytime soon and many of these editions aren’t being reproduced

[@dotsloops7486]

Thanks! 🙏 Especially the used ones, you have to think. 50 plus years for some classic albums have come and gone.

[@carjo512]

Don't forget the old adage; It is worth what somebody is prepared to pay for it!

[@dotsloops7486]

100 percent accurate!!🎉

[@Mr.BigSquid]

6 months later and vinyl prices even on top titles are actually cooling off

[@dotsloops7486]

I saw that. On new albums or used?

[@Mr.BigSquid]

@ I’d say both, stores seem to be running a lot of clearance sales on new & used. eBay seems to have had prices drop on auctions as well. I wouldn’t have expected this at all a few months ago.

[@jeffreylind3739]

Great post and interesting commentary. I find it amazing that what we all knew as "common" records back in the day are fast becoming harder to find and more expensive every year. Yes, it makes sense this is happening- they only pressed a certain number of OG copies, even if that number was huge- over time, often decades, they get damaged, broken, tossed. I was a kid in the 60s and a teenager in the 70s, so that's what I love and collect. Here's a question for you: What is your opinion around the 45 rpm single?-Not the 12" 45 rpm speed LPs being issued now, or the 12" "dance" mixes, but the OG 7" 45 rpm we all grew up with? I have seen inklings that it, too, may be headed for a resurgence, which would make me happy. I personally think the 45 single doesn't get anywhere near the respect it deserves. Your thoughts?

[@dotsloops7486]

Great question. I don’t collect 45’s only because I was always scared I would go totally nuts, but yes. I believe they will climb and have in value. I also think the 12 inch dance remix albums from the 70s and 80s will only climb. All older stuff will climb pending condition of course. My view. Thanks for comment! 🎉

[@rabarebra]

My experience is that the 7" sounds awful most of the time, while the 12" are more quality.

[@Thevinylscavenger]

Hi Dan, where you been? Are you still finding records in the snow? I've dabbled in buying, selling & collecting for yonks now it's weird how it all works and comes the full circle again repeatedly. Most people want the cool records but I pick up anything a bit leftfield possibly to sample, play or just move on for a profit. The niche market is interesting. There must be stuff came out on vinyl / tape pre CD up to mid 80s and never had a CD release. Maggot brain must partly be because of the cover no? Scarcity. Definitely. Anyway glad you are still in the land of the living 😊 Martin.

[@dotsloops7486]

Thanks Martin, all is well and hope the same for you! Yes, for sure part of Maggot Brain’s popularity is the cover. Which is great! 👍 cheers!

[@solkinar]

I've stopped buying from record stores, flea markets and collector shows. Prices are over inflated. I noticed since covid the number of people looking for a side hustle as a reseller jumped up. There were a few booths at my local flea market that had really good prices and a constant supply of new inventory. They were focused on moving more inventory at fair prices than moving small amounts of inventory at high prices. After lock downs they were gone and new resellers moved in. Prices are way too high and never any customers. Prices will eventually level out as the fad for a lot of people dies off. The amount of used cheap turntables currently listed in classified ads is an indicator of this.

[@dotsloops7486]

Thanks for comment. For sure it all jumped during Covid. Still feels high to me. But we shall see where it goes.

[@Rigs275]

Great Video as Always

[@dotsloops7486]

Thanks!

[@JerryWCarman]

I remember buying records for about 5 dollars. Those days are long gone. The price of vinyl has got out of sight.

[@dotsloops7486]

Outta Sight!!! And not in a cool way, like when we used to say “Outta Sight!!!” Or “Dynomite!!!” Cheers

[@cosmicvinyl2937]

There has been times where the thought of abandoning collecting vinyl has entered my brain due to high prices. But the thought is usually fleeting and I’m finding myself in the RS or searching online for more records Haha! I like how you compared vinyl collecting to the collecting of other physical media. I also collect comic books and have all my books since I was a kid. I’ve actually seen a downward trend in pricing for many desired comic titles but you’re always going to have to pay big for Golden Age stuff and your classic titles like Superman and Batman and Spider-Man Comics are graded much in the same way as vinyl but if you think vinyl grading is errant much of the time, comics being misgraded runs rampant. I’m never looking to buy minty Golden Age stuff as I’m a realist (sometimes) and know my place in the comics collecting world. I’m rambling so yeah I found this video fascinating, frustrating but still fascinating. Thanks Dan! You are the Man! Peace ✨✌️👽✨

[@dotsloops7486]

Thank you Cosmic one, I just find it interesting where Physical Media is going, there is a move towards collecting more, hang not to those comics brother (I sold mine) insert frown face!

[@hippydjkit9913]

Dan you are the Zeus of the VC, always one step ahead....so happy that finally people came back to their senses and stopped bying digital plastic....deuces amigo....

[@dotsloops7486]

Kit! Mighty Zeus!!!! Agree. Vinyl is where it’s at!

[@robison5396]

ISome nteresting points and observations Dan. I only buy records I want to listen to, if it turns into an investment piece all the better, my son will benefit.

[@dotsloops7486]

True, I just think that even if it’s mostly for the music, which it is, that you cannot deny price and collectability creeps into decision making. Cheers Rob! 🎉

[@TheDigitalGramophone]

5. Dillon at Noble Records 4. Hot Stampers!!!!! 🔥🔥🔥 3. Carolina Soul Auctions 2. Idiots that Slab their Records 1. The Beatles (I don’t agree with this one, but there are a bunch of people out there that blame everything on the Fab Four 🤷🏻‍♂️)

[@dotsloops7486]

Hahahahhahahaha! Hot Stampers!!!! 🔥

[@diamond_marimba]

you forgot whatnot!

[@TheDigitalGramophone]

@@diamond_marimba That kind of says something, right?

[@giantorangerecords]

Nailed it! (Blame it on Dillon from Noble Records and The Beatles Mono Box Set, and just to be safe, Blame it on The Rolling Stones!)

[@gigsfunk]

Hi Dan, just seen your Dots & Loops t shirt on Mazzy’s latest video ✌🏻

[@dotsloops7486]

Ha! I also saw it! Just wish I had a Blue one. Might have to do another run! 🎉

[@teddyrasputin3850]

Hey there, bud. Rediscovered the channel and went to check your back catalogue. I was surprised because I could've sworn I first saw you give or take about a year ago. Did you relaunch and abandon your old videos? Or did I hit too many bush parties in the 70's?

[@dotsloops7486]

Nope. You are right and thanks for coming back! I have re launched and purged a few times! Sorry! Started about 7 years ago actually.

[@teddyrasputin3850]

@dotsloops7486 I'm late to the party as usual. You've a nice take on videos for the VC. That and it's always good to have another Canadian view out there.

[@t1202j]

This is a classic bubble , don’t get caught holding the bag here. I quit buying vinyl this year after 10+ years of collecting . I’m ready to cash in. Spotify is $10 a month , average vinyl album is $35 to $40.

[@dotsloops7486]

Yes. Could be a bubble big time….or???? Thanks for comment!

[@NuthinFancyCollectibles]

The artwork on the covers is what I love about vinyl. CDs and cassettes never looked as good. These days I do wonder about their value.

[@dotsloops7486]

Love the artwork! 🖼️

[@tomgriffiths9410]

I agree with everything you say, and would add two additional points: 1. If you drew a parallel to the wristwatch market, an early Rolex diving watch skyrockets in value because it was considered more of a tool than a timeless heirloom back in the day. These watches got beaten up and scratched, and the ones that survived are highly desirable. Today a Rolex diver is built with an indestructible ceramic bezel and they are protected like pieces of jewelry. You won’t lose money if you buy one, but the capacity for massive gains in value obviously isn’t as high because they’ll never be as rare. With records I’d argue that the same dynamics are at play … Collectors take such good care of new vinyl there’s going to be more abundant stock in the future. Scarcity won’t be such a factor. Of course, there will be exceptions to this with obscure artists making editions of smaller print runs. 2. Vintage records are a much safer bet than new vinyl, but I think certain genres will hold value better than others. I collect a lot of post-punk 80s UK stuff because it makes me feel nostalgic, but I doubt this music will be so relevant to future generations. Other genres like canonical dub music, Krautrock, classic electronic music from the late 80s / 90s will probably continue to grow because I think these styles will have a more universal appeal to future generations.

[@dotsloops7486]

Great callouts and parallels to Rolex. Tool watch that took off. You collect Post Punk because it’s awesome ! 😂 🎉 Great added points to the conversation. Cheers! 🎉

[@StuntrockConfusion]

I don't think that scarcity will be the exception, as the vast majority of releases from the past 20 years have a press run of 500 copies or less.

[@tomgriffiths9410]

@@StuntrockConfusion That’s very true. I was just making the point that contemporary records are bought by the kind of person who is more interested in preservation than the average consumer of the 1970s. That’s a distortion you have to account for. But yes, I get what you’re saying about the smaller runs. If I were to use a Stunty-approved example, I reckon that Ruscha / Zummo album could be super desirable to a much larger audience than the 300 people who bought it. Just think about how many ambient fourth world music fans there are out there who haven’t heard it yet. It’s hard to imagine a future in which it doesn’t go up in value.

[@StuntrockConfusion]

@@tomgriffiths9410 Very good exemple. It's almost a billion potential customer market, and when a record is special, it's almost already to few copies for thhardcore fanbase around release date.

[@henrywaller4297]

Live in the Houston area and whenever I go into a record shop they are packed. That's why they're going up in price. Demand, especially for older albums by artists like Queen, Zeppelin, Beatles, etc is far outweighing supply.

[@dotsloops7486]

110 percent. Way more interest now and older albums have a finite amount of inventory. Cheers 🎉

[@StuntrockConfusion]

Hey Dan. Just so you know, numbers about new vinyl sales are completely bogus, and extremely under estimated. Less than 10% of all vinyl records I've pressed so far required a code bar, and most orders were of 500 copies or less requiring no distribution network anymore, as the labels sold directly to customers, thanks to social media/own websites. The people who count sales don't have the right tools to count, because those tools don't exist anymore. I was at a pro gathering of pressing plants right before COVID, and the speaker, from a reputable financial mag, announced the past year's global pressing numbers/sales, and two different plants told him they pressed at least that alone. I agree that most desirable records are currently undervalued, as is evidence in my live streams. Scarcity is an increasing factor for price climbs, but I think lack of knowledge is what makes records undervalued, mostly. Cheers

[@dotsloops7486]

Very interesting Stunty! Especially about direct ship and numbers not being counted! Excellent points, thanks for chiming in and hope all is well! 🎉

[@rabarebra]

But there isn't a scarcity, Stunty. Prices are just kept high. What people do now in 2024 is either 1) wait for sales, or 2) quitting the hobby (I've seen it before my own eyes. People don't buy the scarcity/FOMO-card anymore. If I have this thought, many other people must have the same thought too.

[@StuntrockConfusion]

@@rabarebra there's no scracity in the reissue labels, but in all the regular normal releases, 90% do have scarcity. When a record has a 300-500 copies pressing, there is scarcity, and whether we like it or notm that is tha majority of the releases. WWhen pressings are even smaller than that, FOMO is real, and necessary.

[@simonzinc-trumpetharris852]

I'm going to sell my whole collection. I haven't played them for years. I much prefer CD's.

[@dotsloops7486]

Wait 5 years and REALLY cash in! 🎉

[@GordonPyzik]

Please. Do not sell them all. Regret is inevitable

[@diamond_marimba]

i agree, though when you take out inflation when looking at the increase in price, you see a more modest rise

[@dotsloops7486]

True. Almost showed a chart that shows for inflation. Prices are basically the same as 70s peak…..but that’s for new vinyl. Not used Thanks for comment 🎉😊

[@henrys3629]

New vinyl for EDM is $40+ Many releases used are 100-1,000 from UK etc. Mind you it's not stones, Floyd, or Beatles. People can't understand unless they understand the genre, the dj and importance of the tracks. I buy for cover I can display as well. I'm debating which albums to get and 6 of are 25-40 + shipping a combo of new and used.

[@walterpen371]

The increasing price of vinyl records and all related audio stuff is similar to the crazy real estate prices. Remember that you have to have real estate for storing the thousands of records and your listening room. I've always been an audiophile wishing for that ultimate home theatre. I'm in my retirement years and STILL HAVE TO PURCHASE LOTTERY TICKETS, DAMN IT!!!!

[@dotsloops7486]

I have loaded up on Lottery tickets. All in vein so far. But we all can hope! Ha!

[@danielking1850]

Prices are up because pre-warping your new records costs extra!

[@dotsloops7486]

Hahahahahhaha. A key part of the vinyl process and experience! 🎉

[@kabeblack1529]

Power of the VC? Please explain!

[@dotsloops7486]

It’s a joke…or is it???? 🎉 Power!!!

[@dotsloops7486]

Oh. And VC means “Vinyl Community” thanks 🙏

[@TheHogsEarReport]

I wonder what my gum card "Death Wish Dan" is worth now? LOL Remember that? Thanks for discussing the five talking points of Vinylflation. Supply and demand will always be a huge factor. 7-8 years ago I bought an OG US Velvet Underground -Loaded, strong VG+ with a NM cover @ $30. Now it's worth around $200. Yes, prices are going up for sure. I noticed Butchers keep going up and up. ⬆

[@dotsloops7486]

That card is priceless!!! OG Velvet anything has gone bonkers and yes, no one can afford Steak any longer Ron! Be well! 🎉

[@Stonecutter334]

Corporate greed. The same reason everything has inflated prices.

[@charlesperry6093]

Corporate greed it's funny how you need to have words that flow out of the mouth easy to solve the problem.

[@edwardoneill9559]

What else would you call it then tell us Charles please.​@charlesperry6093

[@JerryWCarman]

Forgot CDs. When my Amway business takes off, I'll be able to afford record albums.

[@dotsloops7486]

Ha! Yes!

[@allyoopopp]

I would never pay crazy prices for vinyl. Just buy the cd for $2 instead. 😆

[@chillepalmerz]

I wondered why your copy of Fun House is a gold label instead of a Butterly label, then did some research and realized it's probably a Canadian press :)

[@dotsloops7486]

Yes. Canadian First press. Cheers! 🥂 🎉

[@ShamrocknRecords]

Of course it’s Mazzys fault! He’s why I can’t find cheap records anymore. Hahahaha Gotta love the power of the VC. I’m glad it’s not my fault! Phew!! Cheers☘️

[@dotsloops7486]

I was going to mention you, but figured you lost a bundle at the Derby, so I let you off the hook! 🪝 🎉🎉🎉

[@ShamrocknRecords]

@@dotsloops7486 luckily I bought this before the derby because I wouldn’t have been able to afford it afterwords! Hahah

[@ShamrocknRecords]

Those damn Dan horses. Can’t trust them!

[@elliottcrews4997]

Wishful thinking! The record Show I've sold at the last couple of years seems to get worse each time. But I'll try and think positive!

[@dotsloops7486]

Good luck!!!!! 🤞

[@JerryWCarman]

I just bought the new 2024 Bon Job I CD. I could have bought the vinyl at 3 times the price.

[@dotsloops7486]

Truth!

[@festersuncle6298]

Can't compare vinyl to cards and comics. People who collect cards and comics, they don't "use" it like we use vinyl. Even if we spin it a few times and shelve it. Comic collectors don't read their comics and card collectors put them in a hard case and whack it or something, idk.

[@dotsloops7486]

Thanks for commenting

[@cahabatunes380]

You forgot the 6th reason - Brain Meltage factor!! 🤯🤯🤯

[@dotsloops7486]

I never forget that LAW! It used to factual that Brain Meltage rules all!!! 🎉🎉🎉🎉 🧠

[@JJ-qs9hu]

No album is worth $100 or more to me. I love music and have over 6000 physical pieces. Its all greed if you buy an album for say $30 and turn around and sell it for $90. If you didnt want it for yourself leave it for that fan to get. There are those out there with way too much money and its more a "look what i have" kinda thing . I dont show off my records to people because most people i know find it foolish to own any physical media. Its my passion. But keep on raising those prices and the vinyl market is gonna crash harder and faster than the death of Tower and Virgin megastores. And all your favorite little indie stores that have popped up in the last 5 to 10 years are gonna go bankrupt.

[@neatuhfajita9128]

Compared to video games as well yikes at those

[@dotsloops7486]

They have gone nuts also. Also likely to go higher. Time is ticking on. Thanks

[@genx7006]

Used vinyl is a very bad investment. Think about skips, warping, even chips in the disc. Some are hard to detect. Good luck finding that mint copy of used vinyl.

[@dotsloops7486]

Harder and harder for sure.

[@deancronin6934]

Wait a minute.. didn’t you find some psych albums in a dumpster in one of your videos? Also Swifties will not be denied their Taylor collectables, I heard the Swifties were even offered a seat on the UN Security Council, they got some clout!

[@dotsloops7486]

Power to the People! Mostly people in the VC! Dumpster me! 🎉

[@JerryWCarman]

The price of vinyl is just plain ridiculous. Consider what you get for what you pay, the snap, crakle, and pop and the warps, it just ain't worth it. I will always buy CDs, and to a lesser extent cassettes. I've learned my lesson 40 years ago.

[@dotsloops7486]

It’s only going to get higher! Interesting perspective for sure. I see that!

[@GordonPyzik]

At least you're getting an analog sound on your cassettes.

[@SonicPVC]

A top condition record has no snaps, crackles , or pops. Cassettes and cds both wear out over time, unfortunately. A cd less so, if cared for. Vinyl has 2 major value adds ; they sound excellent on a good system and they don't wear out running at a 2 gram tracking force. Vinyl is a 'record' of a musical event that will last the ages. 1st press being key. A vinyl record could possibly outlast the master tape, so that all you have left is a 1st press vinyl copy. Just spitballing here. Cheers.

[@derekerdman]

The vinyl shortage two years ago caused the same amount of stress and aggravation as the gasoline shortage of the 80s? What are these words stumbling out of your mouth?

[@Rigs275]

Hey Dan

[@johnkelly1198]

Stopped buying it is crashing in certain areas

[@bigsweetc6]

The commodification aspect is the most boring part of this hobby.

[@dotsloops7486]

I feel that, but that element is growing IMO. Not shrinking, thanks for comment! 🎉

[@W12MODS]

Maybe one day something as awful as Duran Duran might become worth something.

[@dotsloops7486]

Love em! 🎉

[@W12MODS]

@@dotsloops7486 and I don't think you had Nektar on your 100 krautrock album's. You and me.are going to fall out

[@beauwilliamson3628]

I saw 2 today. One for $30, the second was only $24 with a note 'condition'. Bargain.

[@W12MODS]

@@beauwilliamson3628 Duran Duran?

[@dotsloops7486]

Agree. Artists with limited reissues always more valuable!

[@davethepickupartist7161]

Also there is Biden’s war on fuel. So hopefully in November we can get back on track with reasonable prices

[@Rigs275]

Amen Brother