What Is Happening In The Vinyl Industry? (Reaction Video!)

[@charlesfagerquist1091]

As a long-time collector (baseball cards, vinyl, cds, bobbleheads, comics). These things are cyclical! The vinyl scene is peaking. Baseball card scene is cooling. Comics are relatively low right now. Right now is a terrific time to LISTEN to your music collection.

[@NTXVinyl]

Amen to that. I’d say the vinyl “peak” was 2022. It’s been a steady decline since then

[@mday8776]

Both excellent videos. I looked to both of you when opening my own small town shops against the advice of so many well meaning people. We are still trucking and LOVING what we do!! Thank you for your content!

[@jziemann]

I got back in to collecting records about 10 years ago. What I've seen reminds me greatly of when I collected comic books in the 80s and 90s. When i started it was about reading the books. Then the industry realized that people were collecting them, keeping them forever, bagging them, and selling them on a secondary market. The publishers started putting out limited edition covers, some books came with 5 or 10 different covers, X-Force #1 came bagged with a card. Collectors would feel the need to buy all the covers, or collect all the cards, or buy a copy to keep bagged and a copy to read. 30 years later, the record industry is doing the exact same.

[@NTXVinyl]

Spot on.

[@sahbian]

like how baseball cards were back then, and how sneakers are now.

[@djmaxxhtx]

So true and I can’t stand it.

[@keithwilson6674]

I own a shop. You're spot on. Especially about this being the first time in the history of vinyl sales that you now have multiple options to pay $0 (spotify, youtube, etc) instead of $40-$50 for an album. That point can't be overstated. One other frightening point as an owner is that during the entire vinyl resurgence we haven't seen a true recession. It's just a matter of time. Once we do you'll see Record Stores closing en masse. Every cycle comes to an end eventually. Hopefully we can squeeze a few more years out of this one.

[@TLA1014]

Great video, GI! Really appreciate the time you put into this reaction video!

[@shoullin1761]

I’ve only been listening to records for 2 or 3 weeks now. I just decided one day that it might be cool to listen to them and I’m really liking it. I love the cover art and all the fun colored vinyl! I’ve spent a lot of money getting set up. I sure want to be in it for the long haul.

[@patrick3926]

Great to hear! It’s fun to collect!

[@NTXVinyl]

Love to hear that!

[@analogue33]

Me too buddy!

[@analogue33]

​@@NTXVinylI do too!😊

[@lorenzohoyt5529]

Thanks Sheena W.!!

[@RixVSpinner62]

The collectors that started by buying vinyl record reissues, and have invested perhaps thousands, realize the only way to continue is to buy used vinyl. The used market will be ok and definitely better than the reissues market since the cost is a fraction of what you pay for new vinyl. Only in perhaps 20% of the cases do reissues actually better the originals. In order to have 100's or 1,000's of records, as a real collector, the only option is to buy used since new vinyl averages at $35 each. One would go broke continuing to buy new vinyl with the exception of some titles they can't find used, like Buckingham Nicks. This is an exception that has yet to be reissued and that likely won't happen due to licensing. Since it's hard to get quality used vinyl, most retailers will pay 30-40% of what a record is worth according to Discogs, most vinyl owners will pass on selling to dealers and just attempt to sell privately. Young people don't have a collector mentality like a 50-60 year old would- this is a key issue for retail and e comm stores. By the way, the colour vinyl doesn't cause someone to buy new V used- Im pretty sure about that. There are very few people that are on the VC channels that actually promote used vinyl. There is a reason for thi$. Flippers have killed the incentive for some to go for FOMO since they just can't compete with someone buying 10-20 copies to flip. That's new vinyl so again, used vinyl will become most popular and the only feasible way to build a vinyl collection. I should add one other point, I believe most over the age of 40 just don't care about new music to the point where they will not invest. They have so many "need to have" titles on their list of music they grew up listening to, that new music vinyl just isn't on the horizon for them. Sorry this is a long comment but I have over 50 years experience buying vinyl and adding to my collection. I also follow many VC channel sites and watch the mastering engineers talk about reissues etc. The Covid buying bubble is passed being broke. If I owned a record store, I would only sell used vinyl but finding and getting people to give up their collection for 35% of what it's worth, is not feasible. One last point, consumers do not care about vinyl production cost increases- they just see it as a cash grab.

[@louismartinez7387]

Hey GI it's goods to know that the music industry is made up of fine individuals like yourself and Dillon who truly are in it for the music and want to share that love of music with other lovers in the vinyl community...music truly is a gift that needs to be shared...God bless!! ❤

[@NTXVinyl]

Appreciate you!

[@dg723254]

Enjoy your videos. Thanks for reacting to DIllon. He is a great guy.

[@RJ-eg2nx]

So nice of you to prop up another vinyl lovers channel and to hear what you both think and believe about the beauty of the vinyl collecting.

[@NTXVinyl]

Cheers!

[@tycumbie788]

Just in the past year I found a Terry Riley soundtrack I didn’t know existed for about $25, a copy of Swans “To Be Kind” (the seller dropped the already reasonable price without my asking!), Dead Can Dance’s debut album and the extremely hard to find Rolf und Florian (Kraftwerk), just to name a few. Yesterday I bought a small collection that included a copy of Miles Davis’ “Filles de Kilimanjaro” and “Live Evil,” a Sun Ra issue and a few other gems among the ordinaries. It’s still fun.

[@TalesofWiltshire]

I have the Ralf and Florian LP - I bought it in London, about 1977 I think. Not so rare, turns up on eBay fairly frequently. I have a CD of it too, some kind of pirate I think - in great sound though.

[@JBoogie8275]

Love your comment on the inflation calculator and how much it's different now due to streaming and that's not taken into account

[@NTXVinyl]

Yeah....most people don't ever think of that. It's simply not apples to apples.

[@analogue33]

If artist can't make a living playing music, they won't be able to! People will always love physical!

[@meetthemusicacappellatozyd6142]

If the streaming services are not paying artists fairly then purchasing an artist works on physical formats gives the sense of supporting the artists.

[@walterevans5658]

I look at flippers like we all used to look at ticket scalpers. Sleaze.

[@lorenzohoyt5529]

Flippers, which I have never been, since I worked for over forty years, serve a purpose, believe it or not. They make purchases, resell, move money around, and that's big. Yes, they are making a profit off you or whoever buy their items, but economically, the more the merrier, in essence. Keep those transactions rolling please!

[@kevinjohnson8220]

21:00 I remember chatting with Alannah Myles about this on her Facebook page a dozen years ago after she complained about getting stiffed by her record company and I said to her "Look, today records and CDs are a boutique product that the artists tend to distribute themselves, so if you have control over your catalogue then just reissue it. Apart from the cost of production there is no middleman so you make all the money." And that's exactly what she did.

[@shortfuseartstudio]

Great conversation. Noble just put out a video from the other viewpoint. Why it's a perfect time to be a collector.

[@NTXVinyl]

Need to check it out!

[@timothyquinn4870]

I like what Dylan says, but I appreciate Your comments and clarification even more! Thanks!

[@NTXVinyl]

Appreciate you watching my friend!

[@dimebagdave77]

The onscreen record collection merge is trippy af.i love it! Many thanks!

[@NTXVinyl]

Right?!? It’s funny how natural it looks…at first. I was laughing about it the second I clicked the split-screen option

[@armandocardoso9679]

Like everything else, you have to mix stuff up. Set new goals, do different goals. Make the selling records the foundation but mix the business up and branch out. That’s why our little store is succeeding.

[@VMGvinyl]

Totally agree with you on this!!!

[@rwlodarczyk]

Where is your store?

[@mrhoffame]

I didn't get to watch all of this before commenting, but I agree. It totally is not as fun as it was. I started collecting with an INTENSE passion about 15 years ago. The thing that has gone away for me is 2 fold. 1. It was a given that I could walk into almost every record store with $50 and I would walk out with 15-20 great records. Now, due to inventory and status of my collection, I'm luck if every 9th visit yields even 1-2 records. So that consistent satisfaction is gone. 2. With the average $20 record today being $3-5 dollars just 10 years ago...I feel I don't have the ability to just go into records shops today and buy 5 albums I have NO CLUE about and just have fun with blind buys and discovering new music. I really feel that joy has been stripped as well as I'm not wealthy enough to do five or six $40 blind buys each time I go to a store. Digging is one thing, but the emotional work for a successful purchase is just a tad to high of a price now. I'm just really thankful I started when I did to get what I have.

[@arzabael]

Please take a few hours out of your day at your soonest convenience to map out the historical evidence for what you’ve just said, I’ll do the same, and we can reconvene. For your own sanity, if you honestly believe what you just said, you truly need to. Youre fostering your own sense of dread built upon your own misconceptions compounded over time no doubt.

[@ummagumma7826]

It’s true the blind buy is gone. Can’t drop $35 hoping it’s a good album. Had a hard time doing that with CDs at $15 in the late 90s

[@Matasky2010]

A $20 record was $3-5 10 years ago? On what planet?

[@ummagumma7826]

@@Matasky2010 he didn’t say a new $20 record

[@Matasky2010]

@@ummagumma7826 True..luckily we can now preview ANY music for free before deciding if the vinyl copy is worth buying.

[@iamblaisen]

Love Dylan and your videos! another great video! thx

[@NTXVinyl]

Thanks!

[@markadams4316]

My dad is an artist. He’s retired now but, it was always a gamble when he would release new prints of his art work. Do we do 500?? 1500? Just never knew what to expect. After getting burned a few times he started taking deposits and preorders. And you’re exactly right with preordering- if 500 people gave us deposits, then we would print 700 as an example but, at least we would have our printing costs covered. The art fair scene reached its peak in the late 90’s early 2000’s and I see so many similarities between music stores and the art scene when it comes to sales. I’m glad we are out of it all together now because I don’t think we could survive. But, it was a lot of fun while it lasted 😊

[@Grassrecords]

You hit the nail on the head. With the collectors Market situation. I agree with you. Great points.

[@NTXVinyl]

Thanks for watching!

[@tylerleeger5034]

I still love records, it’s just so expensive to buy new and used these days! I can only buy 1 records every couple to a few months!! The prices don’t make it fun, I feel like I’m missing out on all kinds of albums I really want

[@andrewdonohue1853]

i bought disturbed the sickness for $20, i bought journey escape brand new for $20, i bought numerous older records for $10 ea. i just started collecting, the rare stuff like the original master recordings for pink flyod dark side of the moon $800. i will not be spending that much on a single record. i think $20-40 tops, and i can buy a few per month. there is allot of very expensive stuff on the market, but there are allot of fairly reasonable deals too. i dont mind if it's an original boston album from 1976, it has character and still sounds good.

[@Modbossvideo]

I would never say I collect vinyl, I buy music. It happens to be on vinyl as it has been my whole life. The most fun I have is at the thrift stores, Goodwill, ARC, ect. Finding a good copy of anything is a good day. Plus you learn the whole discography of Eddie Arnold and the Dave Clark 5.

[@derosa1989]

I work in the bicycle industry, we saw the same pattern of demand that created a bubble that burst back in 2023, and it's taken a lot of effort to manage inventory, so much excess stock. There will be major casualties in the record store retail market ahead.

[@NTXVinyl]

I remember that! Same thing happened with guitars. I'm optimistic the vinyl hobby won't be drastically effected when this all shakes out. It was very niche in 2020, but steady....and by 2026 it'll be back in that same place. I hope.

[@analogue33]

​@@NTXVinylit will, never again will it be in the toilet again like in the 90s!

[@analogue33]

No way! It will be back before 2020 at the least, never again will it be like the 90s! It's too great a format! And as convenient as streaming is, what a sad world it'd be if we only had streaming! They could change the art (the music) at will, I don't think music lover's will let that happen!😮😊

[@lorenzohoyt5529]

The question is, do you need a new car, an expensive vacation, new furniture, etc.,etc. every year?? Be passionate about your vinyl searches and purchases, know that you are supporting the VC in a huge way, just make a list of what you are looking for and don't buy all at once. You can wait and the wait sometimes is difficult, but when you do finally get that long awaited masterpiece of music, it will be so well worth it! My two cents, support your Vinyl Community please! Thank you!

[@Stealthwolf-eq3tt]

As a millenial I have grown up with collecting music, for me CDs. My parents both had vinyls that i listened to even cassette. Its nice to own something, something that is happening less and less for example (ps5 pro). I collect both to this day cds and vinyl but mostly CD. I get why it can be "tiresome" but with like everything, everything in moderation. If its a case of "hobby burn out" mix it up with listening to instead of buying and buying. Just because you can doesnt mean you should. Thanks for the insight to the vinyl collecting hobby which i dip in and out of!

[@ummagumma7826]

GI - wise words on the inflation calculator. Way to take it one step further than just comparing price today and yesterday

[@NTXVinyl]

Thanks. It seems very logical to me.

[@australian12extendedmixes53]

A great watch as always, i started collecting back in the late 70's, my teen years were the 80's so that era is my passion, it was either records or cassettes and have never really stopped collecting (slowed right down when CD's came out) but got back on board going out digging dusty old crates here and there, up until say 2014 or so, just before the vinyl boom you could buy some great records for $1, $2 etc, now those are on ebay or Facebook Marketplace or Discogs for $30 or $40. Then you have new records, again quite affordable between $25-$35 AU, NOW those records at the same stores (JB Hi-Fi Australia) are $75-$100......that's what has clouded my interest, the cost, plus those old dusty record crates at markets, 2nd hand stores etc have nothing of interest what so ever, but what they do have the prices have rocketed skyhigh mainly due to everyone using Discogs as a price guide....these days i'll be lucky to purchase 4 or 5 a year, back 10 years ago i'd bring home 10-20 for a mornings dig or purchase 20 or 30 brand newies per year.

[@crazyprayingmantis5596]

The market got greedy and will eat itself, people have had enough

[@lanceforston6777]

It's definitely crazy, but pretty much everything has become inflated, whether it be from natural or unnatural causes. Money is tight for many hobbyists right now, and it's not fun paying $40 + for something that can be sub-par quality right out of the package. It's always a shock to me to get a new record that is actually flat and damn near silent 🤫

[@crazyprayingmantis5596]

@@lanceforston6777 This is the hangover from COVID this is what happens when everyone wears masks gets jabbed and stays home and receives money that gets printed and handed to them by their overlords

[@frankgarcia9834]

I agree. I also think it is the music industry at large. They have invested so much into streaming and having you rent your music. They are trying to kill all physical media.

[@JayVITG2000]

Definitely as much I love my local shop paying an average 40 percent increase from online prices I find it hard to justify buying from them. Last time I went i found 4 lps I wanted but ranged from 36 to 44 for a single NEW lp. Went on indiemerch and found them for 25-28 a piece

[@KS-yy2fu]

​@frankgarcia9834 history repeats itself. Same habits when cd replaced vinyl. It's about the m....argins, stupid 😉

[@AudioStopdisquaire]

Great video ! Nice complement to the one Dillon did ! Really instructive

[@NTXVinyl]

Thanks for watching!

[@robbyhenderson3909]

I regret getting into this hobby just because of how much this is costing but I love my collection and plan on keeping and growing it

[@NTXVinyl]

There are MUCH worse things to be addicted to ✌🏻

[@serapheum]

I have noticed that most new records are warped and have crunchy edges for some reason. Compare that to the records from the 50 through the 90s...MUCH nicer quality IMO

[@NTXVinyl]

It definitely can be hit or miss these days. Which is very unfortunate and frustrating

[@aldrob108]

We were charging outrageous prices and people were paying it. I used to buy big collections for a couple hundred dollars and then sell that collection for 10k. Man was that fun. We were having fun WOO HOO!🎉 Then they got tired of our greed and said, enough is enough and stopped buying. Now we are sad.😢 Too funny.😂

[@analogue33]

Ain't nobody stop buying, just the pretender collectors!

[@aldrob108]

@@analogue33 They made a lot off of money off of pretend collectors. That’s why they are sad that they dropped out of the market. Dealers took advantage of new buyers who became interested in the hobby. The new buyers quickly figured out they were getting screwed and dropped out. Hopefully dealers learned a lesson that maybe they shouldn’t take advantage of new customers.

[@NTXVinyl]

🤣 nailed it!

[@RoyalBlue43]

Saw Dylan's vid the other day, and think you added some v good points, thx

[@chrisbarry1014]

If its true that people are dumping their 'COVID' collections...then for the collectors, it should be a boom. Sounds like a really fun time to collect. BTW, I've been 'collecting' since 1973, so 'flipping' isn't in my vocabulary...But totally agree that record buying - especially new record releases - is definitely becoming an elite market.

[@NTXVinyl]

I’ve been thinking the same. Next few years will be interesting. I’m optimistic for my business

[@rabarebra]

These "COVID" collections is just boring reissues. So prices should drop. Just wait and see. I also suspect many companies in the business going bankrupt.

[@PeterTrait]

As a European vinyl collector who likes American bands and American labels my biggest bugbear is the shipping costs. For new releases it is very often is as much if not more than the price of the record itself. Then there is the stress of tracking the record and hoping it will not get lost, damaged and where and when it will be delivered. Pre-orders can be a nightmare too (No Means No, Wrong on Alternative Tentacles was a complete disaster and took an eternity) which takes out a lot of the fun of record collecting.

[@NTXVinyl]

Makes total sense. We can't even ship outside the US because it's at least $25 to ship a single record. Simply not worth offering it.

[@strikedn]

Not only the shipping costs and delays but Customs and random extra taxes too. As a European collector I stopped buying from the US and UK long time ago. I tried to purchase a 7" record from a US seller priced 8 $. Total I'd have had to pay was 65!!!!!!! INSANE!

[@djmaxxhtx]

Same for me in the US. I like black vinyl and only buy the color variant if it’s my only option. Buying from the UK or Germany finally became too much. It’s got to be something real special now days.

[@67Pepper]

"Not as fun as it used to be" You and Dylan are pretty young guys. You grew up in a different era in terms of vinyl record playing and collecting. Older people like myself who've been listening to records for 60 years still have fun, in fact I'm enjoying records more than ever. I don't know why the expectations have changed, unless you consider records as an investement which would definitely take the love for music out of the equation. YMMV.

[@frankgarcia9834]

​@mmess65 I don't think it is an age thing. But whatever grandpa Simpson

[@NTXVinyl]

Has less to do with age IMO and more to do with perspective as store owners - which for us is hard, because we are collectors as well personally. It's a tricky balance, kinda like being a player/coach in some ways.

[@frankgarcia9834]

@@mmess65 😙

[@analogue33]

​@@frankgarcia9834nice respect young a***hole!

[@67Pepper]

@@frankgarcia9834 Did you have to leave your throne to post that intended insult?

[@gb-nz]

In NZ, stores are pricing up everything 20-30%, then put a few records on "sale" for last months price. Yea, no thanks. I got huge Wishlists in multiple websites but will not buy anything unless it is heavily discounted. Money is tight, could not care less about special editions and whatnot. I always stream it on iTunes before buying - Record has to be good end to end. I treat it as a luxury item, if item is new. I only treat it as a "hobby" for well used / dollar-bin items.

[@tbrown6559]

I still find the odd gem at the used store. But it’s fewer now for sure. I still love them all.

[@seanmolincreative]

Ironically I was really into records from about 2014 until right before the pandemic and I'm now just getting back into it again, so I somehow avoided the peak.

[@NTXVinyl]

You should did. It was a wild ride! 🏄‍♂️

[@celtic-audiophile]

Interesting, I’m more engaged today than in 2020, and have bought more vinyl in 23/24 than the 20 previous years.

[@lorenzohoyt5529]

Have done the same, realizing that we can make a difference by supporting the VC as they're many benefits to this awesome hobby! In 23/24, have over two hundred and fifty transactions on Discogs, Ebay, multiple record stores in Arizona and California. GI, you're next! Love your videos brother!

[@mr.jazzfusionhiphop1298]

As the really ole guy in the room, in 2007 I decided to sell all my vinyl and go all digital. I "do not" stream music, my collection is on multiple hard drives and in the Flac format. My collection has grown to the point where my friend calls it the library when he's looking for something. The thing I don't understand about vinyl collectors is I hear them talk about first pressings, reissues, hype sticker, obi strip, tip on jackets and sealed or unsealed. What I don't hear is anything about the musicians on the album, how they sound, clarity, is Jaco's bass thumping. I collect music because of the musicians and musicians only, otherwise what's the point

[@Muni517]

You got a FLAC file but what source it comes from? And where is the artwork that goes along with it? Lyrics? Description?

[@Julianhulian]

The music is a big reason why certain pressings go for more. I’ve heard first hand a $600 Led Zepplin pressing playing after a regular $20-$30 one and the difference is insane.

[@pnichols6500]

Funny, every single record review I've seen on KZbin stresses the sound quality, hundreds of videos having "shootouts" on which sound best. Guess we watch much different content?

[@jimjones3651]

Your missing the point of the gentlemen's comment. He is talking about the musicians not being mentioned enough as it pertains to which version of a album sounds better. I have to agree with him. The only people who talk about the musicians is the channels where the person actually plays a instrument, so I understand his point.

[@andyboxish4436]

Ridiculous pretentious and self centered comment. Reality really is nothing like your comment

[@asupremelove5149]

As a vinyl lover since the early 90s I've seen a lot of ups and downs. The pandemic definitely brought in a huge influx of money and therefore prices skyrocketed. There's also a lot of factors and this is especially in the OG market. Europe and Asia are where a lot of the og presses went. In the early 2000s bulk buyers came in and bought up everything and sent it back. So for example OG jazz pressings that are not beat up are going for insane prices. Same with 90s alternative etc. The reissue and variant market has really hurt the industry in a way. For example Tool Aenima. Fans have been drooling for an official reissue and nothing. And then there's RSD I'm regards to the variants etc. Great video. Tree

[@cosmicvinyl2937]

Hello GI! Glad to have your channel pop up on my feed! I’m Cosmic Brian and am happy to have made your acquaintance! Man Dillon was a big part of me starting a YT Vinyl Channel some 7-8 yrs ago and I’ve been salivating over his collection since even back then! I watched him develop as a reputable record store owner and have made it a future goal to pay his shop a visit. Anyway he’s a great guy and a very influential player in record collecting At least he is to me! I really enjoyed this reaction video and getting both yours and Dillon’s perspective on the current state of the record buying & selling industry. Even tho what you both said makes sense and is def correct, I am still dismayed at the high prices for new records and reissues. Probably more so with reissues! I’ve just gotten to the point that I will not pay $45-60 for a newly reissued LP from the 60-70’s. But some of it is on me as my taste in music is 60-70’s Garage Rock, Hard & Heavy and Psychedelia which I know are not going to come cheap. But for a newly reissued album selling at upwards of $50-60 is not likely going to end up in my collection. So I’ve been listening to what I have rather than going out and aggressively hunting for any more albums! And I’ve become way more choosy in original music on vinyl from the era that I dig. Great stuff! Glad I found your channel! Have a great day! ⚡️🖖👽⚡️

[@NTXVinyl]

Cheers man!

[@musicinthehouse]

Very interesting and helpful perspectives, thank you for sharing your thoughts on what Dillon shared. My only concern with the word flipper being mentioned, are how auction sights fit into this. WhatNot, eBay and even KZbin auctions are where albums go for more money than median discogs. I see many store owners selling albums through those channels at a very hefty profit from the uneducated buyers caught up in the auction hype.

[@NTXVinyl]

For sure. The flipper culture really only exists because of those sites. As for stores participating in such things, that gets tricky. I do multiple shows a week on Whatnot myself, and sure...sometimes an album will sell for way more than market value because of the competitive nature of the live auction - but that's obviously out of the seller's hands. It goes the opposite way as well, where an album sells for way under. It balances out a lot of times.

[@pdelman10]

There are so many different types of collectors. For me, at least I enjoy and always will, but I started 4-5 years ago and have a little over 500 records. I am running out of must haves. So other than just going to a store and picking a random record that I am getting on lark, my buying has slowed down. There has been countless times when I am at a store flipping through records, and I do not buy anything. Because I remember there was record I bought recently that I want to listen to again.

[@tylerleeger5034]

Is it wrong to try and sell a record that you payed 30/40$ for and sell it for that exact price? Even after you cleaned it and put on an inner and outer sleeve? In my opinion I would want to sell it for a little more, knowing it’s in perfect condition and now it’s in a inner/ outer sleeve that will protect it, would it make sense to sell it for less?

[@fclefjefff4041]

It’s amusing that you can’t decide for yourself what’s “wrong” and need validation from random dingdongs in the KZbin comments.

[@tylerleeger5034]

@@fclefjefff4041 well I’m not a professional when it comes to reselling records, and I don’t need validation. I just wanted GI Sanders opinion if it’s right or wrong. That’s what the comment section is for to ask questions and connect! Seems like the only dingdong here is you, I took time out of my day to ask a question, you took time out of your day to be an idiot lol some people 🤦‍♂️

[@joshuadimesa5296]

I watched Noble’s video yesterday

[@NTXVinyl]

me too 😉

[@joshuadimesa5296]

⁠@@NTXVinyl great response video. Since my twins were born two years ago, I have slowed collecting. I will always collect but the pricing and flippers have bummed me out. I find I have to start selling off some of my collection in order to buy the new Beatles box set as an example. I am well aware there are plenty of Beatles records out there but I’m a sucker for the sets. FOMO is real, Flippers are real. Oh well. But anywho, great video and I’ll be looking forward to more from you on KZbin and the Now Spinning group

[@patrick3926]

He’s great 🎉

[@NTXVinyl]

@@joshuadimesa5296 cheers my friend! That Beatles set does look cool

[@carminedesanto6746]

Cool split screen

[@Vuchswax]

It looks like a lot of the records behind you are reissue or new records. Most of the spines look new. I started my discography from scratch 3/2019. The most important criteria for me is analog sonics. Most of the records I tend to buy are vintage.

[@kgobrien1]

Best of luck to independent record stores as the bubble bursts and prices and volume adjust. There will always be a niche market, but that physical media market percentage of 11-12 percent will dip back down.

[@NTXVinyl]

Only the strong will survive. There were plenty of record stores pre-2020, there will be plenty afterwards. But next 1-2 years gonna be tough as it all comes back down to earth

[@discosdevinilcasettesyunca5839]

Great video!

[@hudon1973]

I think there is a difference between people who love collecting records and those who loved collecting music. I'm actually buying less and listening more. My collection is actually large enough where i can dive back into my own collection and rediscover my own collection, record by record. I also have kept up with my CD collection because that is a buyer's market right now. I have always been into the uses market more than new or reissues. For those who wake up one morning and suddenly find themselves bored, might have bought into a fad rather than a passion.

[@themasterjinn]

I am a little happy the bubble has burst, getting new acquisitions for my collection has slowed down a lot. That said I will be shopping my local used record shop 'Faded Blue' here on N Locust St in Denton, TX. As he only sells used records, that said "Recycled Records & Record Hound" of late are selling mostly 'New Records'. In that small way I can support a local business and have a better chance of locating records that I actually want to bring home and listen to.

[@automatedelectronics6062]

I began collecting(hoarding) records since a child in the 1950's. I have 1,000's of records, CD's and R2R tapes. Into the '60's, 45's were $1. or less and LP's were $3.98(mono) or $4.98(stereo). In the 1970's, records were heavily discounted. Cut-outs were big. 45's could be bought for 4/$1. or even less. LP's were under $2. When an LP was released, it was often put on sale. I remember and bought newly released LP records for $2.50, sometimes even less. Vinyl for making records still costs just pennies per LP. The higher costs are mainly in the labor to make records, starting at the recording studios. Mixing, mastering and the labor of pressing the records and packaging is where the money is. But, considering all that, some records still retail for $20. and out of the same pressing plant can retail for $40. That just doesn't make sense. Then, there are the clearance sales............... Because of the demand for records, everybody and their dogs have gone into the record pressing business, and with absolutely no experience. They are also using old record presses dating back to being manufactured in the 1970's or before. Record quality hasn't been that great because of that. It has been getting better lately. I haven't had to return any of the last couple of UHQR's or Mofi One-Steps, like I have in the past. Prices are still ridiculous.

[@AntonKarpuzikov]

And btw, if a lot of people missed out on some release that your company ordered to print. Collect 100 or 200 preorders more and just order another bunch to press

[@NTXVinyl]

If only it was that easy. Believe me, it’s not.

[@rEdf196]

Im a lifetime vinyl collector (age 60) after over a decade of cassettes and CD's in the 1980's and 90's I got back into vinyl around 2001. For me the vinyl bubble had truly burst with the heavily hyped triple vinyl release of Adele with an astounding 500,000 pressings at $63.00 ea filling up the shelves and consequently gathering dust at our local Walmart which would phase out CDs and vinyl (in Canada) altogether a year later. I think the current music climate is quite abysmal and ho-hum at present, Not to mention high prices My enthusiasm for acquiring new Lp's at present has fizzled out considerably.

[@enriquegarcia4965]

Nice video. I agree with almost all you said. Nice t-shirt too!

[@NTXVinyl]

Glad you enjoyed it

[@TommMatthews]

Slightly unrelated, but really love your use of actual vinyls as A-Z dividers! Question: How do you stop them rolling around on the shelf - are they stuck to square piece further back? Cheers from New Zealand

[@NTXVinyl]

Thanks! They are glued to old jackets. Check it… How to Make DIY Record Dividers | Talking About Records kzbin.info/www/bejne/roWUkpqje5ycm8k

[@TommMatthews]

@@NTXVinyl such a great idea, cheers for sharing the video. Simple, cheap, effective!

[@jerlg]

Maybe I am an oddball but I’m not into a lot of “the big artist”. Some, sure. So when I flip through Bins of Beatles, Led Zep, etc I just don’t get excited. I’m more excited for the smaller artist I like that I am dying to find a copy of a true hard to find record.

[@robertpeterson8640]

I guess I am “post collecting” even though I still buy records and CDs. I have very little interest in pop music although there are a few acts I can still enjoy. I have thousands of CDs and still have maybe a thousand LPs. The contemporary reissues I own and have heard are nothing special and often the CD sounds better. Last week I got a little nostalgic and saw an LP that I haven’t had for a long time. I actually paid retail ($15) for it but it was disappointing in the end. Mostly what floats my boat are thrift store records. Classical, and sometimes jazz and folk. In the classical area I want something that is new to me and favor long gone boutique labels. At my favorite store CDs are .75 and Lps are 1-2 dollars so it is low stress. I love the surprise of it. I’m not desperate to fill a hole in a collection. At 68 I am more concerned with getting them to a good home as I sure don’t want my kids or wife to have to deal with it.

[@jmfloyd23]

Good video with a lot of information. I agree. Vinyl buying has changed. Can’t stand flippers

[@ummagumma7826]

Sounds like 10 years ago a common problem that not every album one wanted was available either in print or used. Now with every artist reissuing that problem is pretty much gone but it’s come at a price, the fun has lessened and the market is saturated. I wonder what the vinyl audio market is doing. Now my mission is to find some good vintage speakers

[@matyiasclock]

Here in Ireland there is a blur between. Paying €40 for a repress in HMV, Golden Disc . Where the first press is valued at €35.

[@raggeragnar]

I’m thinking that both you and Dillon being on both sides of the collecting might give you a different perspective. As a small collector approaching completion , I’m having the time of my life. It has become easier to find what you want , here in Sweden prices has dropped a liiiiiiiittle bit on new records , and used ones have stayed the same since 2016 , depending on rarity off course. New record stores opening up now and then. I have now 8 ones within a 15 minute car ride , and a further 4 if I double that time. And they are BOOMING ! Not just with old farts like me. No , lots of teens and 20’s too.

[@NTXVinyl]

Awesome to hear! And yes...as store owners we absolutely have a unique/different perspective. Managing the fatigue and burn out of the job is a real thing, no different than any other.

[@TheCollectorCave]

I'm 47 and got into vinyl a few months ago. Like everything else currently, most of it is overpriced. The economy stinks right now and many are still taking advantage with overpricing. I'm also into gaming, drumming, and high end action figures. ALL of it is overpriced and it stinks. Hoping things take a turn but I doubt it. Greed rules this world. 😔

[@SonicPVC]

It's not really greed as much as it is the devaluation of the dollar as a result of printing $ out of thin air.

[@michaelpfister7764]

There’s one undeniable rule… what goes up will come down. Everything is cyclical. The vast majority of records are not an investment. Enjoy music.

[@TheCollectorCave]

@@michaelpfister7764 I hope you are right. And I've definitely overpaid for some records, but it is because I love the music. I'm not buying looking to sell what I get, I'm buying because I want to collect and enjoy!

[@michaelpfister7764]

@@TheCollectorCave Agree with you completely!

[@topherg1935]

In 1980 you could tape your friends lp for free.

[@ralphmckenzie8802]

When I was a young lad in the mid to late 60's the only way to listen to music was radio or you bought the vinyl of your favourite artists. We would wait with a sense of anticipation for our favourite bands to drop a new album. I'd save up pocket money to buy a single and later the album. We haunted the local record stores. Fast forward to 1987 and I bought my last Vinyl which was Pink Floyds -"Momentary lapse of reason" That cost me $9.99 Today a new pressing will cost me a cool $60.00 Later we switched to CD's and then downloading & streaming today. I still have my CD's and some of my vinyl - but all of my music is generally on my media PC. I still download albums and I no longer stream music, I want the artists to get a better share of their sales. I think you are right, eventually it will become a niche collectors' hobby when it comes to vinyl.

[@NTXVinyl]

Thanks for watching! And yes...I think it already is a niche hobby, and always will be. The last few years was a fluke unfortunately - it didn't have to be, but the powers at be would rather support streaming.

[@rabarebra]

And 37 years later, Momentary Lapse of Reason is still sold, and at $60. Does it need to? No. It is sold over and over and over and over.

[@marshallhughes4514]

I am still surprised at how many people bought records new just to hang on their walls because they don't have a record player. It is cool they are supporting the artists but that has to add up for artwork.

[@doodahdavesrecords4319]

Nice 6 eye shirt GI!

[@NTXVinyl]

thanks! It was a special tee we created for our Now Spinning group on Facebook. facebook.com/groups/ntxnowspinning

[@bridgestreetdesign]

Ok, I have the answer with this dilemma: stop collecting records. I’m not saying stop buying them, just stop collecting them. There’s a difference.

[@tumbleweedconnection7906]

On the shelves behind you the shelf top right the very first record from the left looks like "Mystery to Me"

[@NTXVinyl]

Very possible. Great album

[@Dispensational_David]

I don’t mind what the prices are of records because Im only collecting albums that I really love. I have no desire to have 1000’s of records. I have 50+ currently and only look for stuff that I really love

[@erbertoviazzo8277]

I am seeing street markets in Europe literally inundated by second hand vinyls - that is definitely removing FOMO from the hobby…also wondering how long prices can stay elevated, I would not be surprised if prices of at least second hand to collapse soon (and I am already starting to see it in some markets)

[@donbrider1316]

Record store day........ Remember when they said "Home taping is killing music" well making things limited and cost more just for profit is doing that now. Maybe they should print that on the inner sleeve.

[@NTXVinyl]

Haha good one!

[@travisw6378]

when you say record prices have stayed consistent with inflation, the only thing i would ask is if you collected in the late 90s/early 2000s, cause i remember going into record stores and buying used records for .25 & .50 cents each, even in like 2008 you could buy a NM used reissue of something like a black flag record for 5.95... but ya for the most part I would agree with your observations, just man used prices when records were not cool were priced to sell.

[@NTXVinyl]

Yeah…the used market has huge fluctuations. Most of the price discussion these days is around new LPs…and their trend towards being higher end collectibles

[@travisw6378]

@@NTXVinyl agreed, I bought a large collection about 9 months back 5,000+ records and there were maybe 30 RSD titles, which had high sticker prices, most had gone down in value except maybe 5. Feel like the sector of the market is maybe headed for a crash

[@KRAZEEIZATION]

Between 2001 and 2009 I was spending €400 a month on vinyl. I cooled off in the last 15 years and in the last 5 years sold a lot off and bought Fender USA guitars with the money. A vinyl LP is now around €40 and that’s far too much for a poor quality music carrier. I’ve a huge CD/vinyl collection and I just buy CDs now mostly because they sound better and are cheaper. I love to buy 80s CDs now too the early issues. I’ll only buy vinyl now from artist I really love.

[@enterstatecommunications]

to everyone collecting records as an investment, thank you! people who actually listen to music are about to get some good deals.

[@vinylrules4838]

I went into a record store for the first time in a few years this past weekend. The prices are crazy compared to what I paid for records in the early 90's. Don't think I will be buying records except from thrift stores. I could care less about colored vinyl.

[@ThiKu]

I got myself a TT and tiny collection of 40 or so records back in 2000 or so. Lots of moves due to college and what not. Had to move my TT on way back then maybe 2003…? Kept my collection of records wanting to get a new TT eventually. Got one in 2019. And booommm things went insane!!! So disappointed in myself for not getting records I wanted over the years prior when I knew for a fact I was going to get a TT the whole time. Man hindsight, amirite? Anyway now in 2024 I have maybe …. Is it 125 records or so? Will top out at 250-300 max. Limited time and space. All killer for my tastes. But also cost. The records I really want would cost sooooooo much plus storage and would rarely listen to them. Dumb. Will enjoy my CD’s and Spotify for all the other stuff.

[@johnthomas8845]

Been collecting since 1969. The fun of discovery is gone. We also lived to see the bands one day in concert. The of cost LPs now is outrageous. I've been to Noble Records and his prices are SUPER outrageous ! ! ! The grading on his LPs is not correct, and don't question him. Plus, I don't care if a reissue is on colored vinyl, I buy records for the music.

[@joewhip9303]

As an audiophile, I really have little use for vinyl. I got into collecting music before digital was a thing and vinyl was king. I have tons of music, between CDs, vinyl and files. Many I haven’t played for years. At some point, vinyl and CDs are just dust collectors. How much is enough? I am now very selective in what I buy. Very selective.

[@andyboxish4436]

As an audiophile, why would you ditch the best sounding format with the most options for playback - hundreds of different ways each recording can be interpreted, depending on your cartridge and other equipment. The way a record sounds with a Shure V15 compared to a Denon DL103 or a B&O MMC, you can't achieve such visceral differences playing digital files through a DAC (unless you listen to vinyl rips made with that equipment you like to bake the character of that equipment into the digital file - which is a great hobby and a way to enjoy those qualitative differences between cartridges, tubes, turntables while keeping your library digital.)

[@homerjones3291]

I started listening to records in the late 60’s (kid’s records) and changed my tastes as I got older. Bought a cheap stereo then better equipment a guy in high school could afford in the 70’s. Kept on going until about 30 when marriage and children took up my time, and the equipment got dusty. Fast forward to the 2000’s and dug the old equipment out and resumed, but really only got back into records the last decade or so, when reissues made it so I could new quiet copies of my beloved records. Then the UHQR $150 releases came along and everyone decided they could get a lot of money for their discs, and the hobby is now saturated.

[@stacywebb427]

Just started collecting vinyl and I’ve really enjoyed your content. Btw, i’m in Irving, I need to come check out your stores. Any suggestion on which location to hit first?

[@NTXVinyl]

Hey there! Appreciate you checking us out. Our Highland Village shop is likely closest, and it's got some pretty good inventory....but depends what you're into - because we don't carry every genre.

[@ehgore1978]

Im hoping the prices drop its gotten ridiculous started recollecting in 2011. Prices are bullshit here in Australia as you normally have to pay ridiculous shipping. I started growing my CD collection again. Not going to sell mine they're there to be handed down. I find it pretty hard to justify paying 70 bucks for a new release. But the good thing is if your in it for the long term and to listen to them then hopefully should see prices drop. Yet to see it yet here. Could of sold some recors and made some good money from some of them but not interested in making money

[@mikeyhodge6191]

I’ve been buying more CDs recently because it’s easier on the wallet. My days of looking through vinyl bins are kinda over. I’m more selective with my vinyl purchases and most of them are preorders.

[@ummagumma7826]

GI are you a Janes Addiction fan? Good album to start with?

[@NTXVinyl]

Huge fan! Start at the beginning. They don’t have a huge catalog. It’s all great

[@ummagumma7826]

@@NTXVinyl thanks man doing it now. I’m loving it

[@TheCoverUpsLondonUK]

I want to recommend 2 vinyl releases to you. Medieval Death LP and free DVD and the Mordicus “Rights ‘n Trials” LP. Google [Medieval Death LP and free DVD + Mordicus “Rights ‘n Trials” LP] if you want to know more, check audio, videos etc. Keep up the good work. \m/

[@nicholaskruger9460]

I have mint never played Nevermind came out two weeks before the cd. Same with in utero. Clear vinyl … super mint. First press. I want to sell all my nirvana boot legs 45’s

[@davidcurry8440]

From what I’m seeing in Austin is the used market is drying up. Even the Austin Record Convention, for me, hasn’t had the availability of records that it had pre-pandemic. Also used prices are higher and the records are lower grade. I’ve been buying more new records by new artists but I’m also selective because prices are higher. I’ll stream a record first before making a purchase. I’m also selling off parts of my collection on Marketplace.

[@NTXVinyl]

The used market is constantly fluctuating. Always. That said...I'm pretty optimistic for the next few years as people decide they aren't in it for the long haul. Like Dillon and I both mentioned, collections are coming in....frequently. But a lotta newer reissues for now.

[@ChrisMag100]

Inflation is inflation. You can qualify the market due to streaming, that’s fair. However, you also have to factor production costs (higher), tax rates for small businesses (higher due to Reagan doubling self-employment FICA tax rates). Cost of living is higher as a percentage for lower income people also. Conversely, budget hifi is way cheaper now than in the 80’s or 90’s. That point of entry is more accessible.

[@NTXVinyl]

Agreed. We are are dealing with it…and industries that are hobbies are certainly being hit hard

[@krzystovmrozla2866]

Wow! You really hit a nerve here with me about how some record companies might want records to become a high-end collectors market. Wow. It seems like that's happening with everything, like you mentioned. I really see that with toys. The toys from the 80s that are making a comeback. Transformers. G. I. Joe. Low batches. Keep that FOMO rolling.

[@NTXVinyl]

Yup. It’s a very common tactic.

[@krzystovmrozla2866]

@@NTXVinyl 2 years ago you had a video entitled, Is Inflation About to Sink the Vinyl Record Industry? Might be time to make a Part 2 update?

[@BritPopSnob]

I’ve been selling records since 2006 at shows and online. Other people besides physical store owners can sell records.

[@NTXVinyl]

Did I say otherwise?

[@joelbrandenburg6746]

This is kind of related to what you're talking about here but what are your thoughts in general about the MSRP of new records? because I've found that the MSRP depends on where you're buying wholesale from. Not all distributors or labels have the same MSRP for the same record.

[@NTXVinyl]

True MSRP mostly pertains to new albums and releases, in the short term. After months (or longer)...you're right, because an album could have been over pressed and is now being liquidated to secondary "overstock distributors" - that are able to price it much lower. Up to the store if they want to stay true to the original MSRP (which was established for the original released date) or adjust based on what they actually paid. Some stores also get albums cheaper because they buy in larger bulk, direct from the label - versus a one-stop distributor.

[@paulotonedef]

I’ve been collecting for over 40 years. Most of my collection was bought for 1-3 bux back when all these clowns didn’t want them in the 90s. Things like a NM, blue triangle DSOTM for $2.. they’ve driven up the price which is annoying, but on the other hand, now my collection is very valuable.. we’re definitely headed for a valley, just like the late 80s and 90s.. some of us are always here, regardless of fashion and trend.. who would buy a thousand records in 2020 just to sell them now??? Knobs

[@NTXVinyl]

It’s just the attention spans of people these days. But you’re right…those that truly “get it” will never part with their LPs. 👊🏻

[@oldskool1979]

I went to a record show sunday... buy was I shocked... sparse crowds !

[@NTXVinyl]

Total bummer. But I believe it.

[@edwardgonczy3170]

Yes, for me the bloom is off the rose. I have been collecting for 50 years. I have just under 4,000. In the nineties, I went to garage sales in Sarasota/Bradenton FL with lots of eagerness every Saturday and often before work on Fridays. Most of my collection; pennies on the dollar. Ho-hum. Probably will only listen to a fraction before I die. Mostly now just filling in gaps: Van Morrison, Hawkwind, etc. Really, down to about 5 or 6 a year. Yeah, it's pretty much done for me. And Eastern Tennessee sucks compared to south of Tampa, FL. "What kind of records you looking for, hippie?" "Oh stuff like The Beatles" (you really have to distill things down to the simplest terms in this area of the country). "Get off my property, you GD hippie!!!!"

[@analogue33]

People always usually pay whatever price if they really want it, its been the same for the past decade or so! And will continue! I don't think the public will leave us to the mercy of streaming only! What a nightmare that'd be, changing albums to different versions of what they were and making the original unavailable! If that's the case(and I feel its not) , itd be a bleak future for young music lover's!

[@chrisanderson9542]

What about import records from the 70s

[@NTXVinyl]

How about em?

[@paulfisher4660]

subscribed and subscribed

[@NTXVinyl]

Thanks man!