Music Banter

Music Banter (https://www.musicbanter.com/)
-   Members Journal (https://www.musicbanter.com/members-journal/)
-   -   from freak fighter to lamp lighter (https://www.musicbanter.com/members-journal/89638-freak-fighter-lamp-lighter.html)

OccultHawk 08-09-2020 08:27 AM

What are some of the impediments people face when trying to turn a profit by buying and selling online?

The Batlord 08-09-2020 09:27 AM

Quote:

Originally Posted by Exo (Post 2130071)
I have two types of customers...

- People who have always collected records and will never stop. Key word is collecting. Like baseball cards or comics. I fall into this category.

- People who are caught up in the fad or reliving old days. This includes kids who think it's cool to be into vintage stuff and older people who got rid of their old collection and want to start over again.

The only thing that has changed is you no longer have to buy a physical copy of something to hear it. You can listen on the internet for free for mostly anything. However, the idea of records being a collectible item and not just a way to ingest new music is the new norm.

My desire to find a first pressing of Coltrane's Blue Train is the same desire that as somebody looking for the first issue of Superman.

Is a first pressing of Blue Train worth 14 million dollars?

Exo 08-09-2020 12:48 PM

Quote:

Originally Posted by OccultHawk (Post 2130073)
What are some of the impediments people face when trying to turn a profit by buying and selling online?

First thing is to understand that just because a record is old doesn't mean something is valuable. The most common records I turn away are from the 50's. Common records are not "valuable" due to obvious reasons of just being abundant. Selling online has pitfalls. Listing fees, Paypal fees, and the ever frustrating relationship with the post office make online selling less ideal than selling in a store but it can turn a good profit. Discogs has started to usurp eBay in terms of the go to marketplace but I use it mostly for it's incredible database features.

Quote:

Originally Posted by The Batlord (Post 2130074)
Is a first pressing of Blue Train worth 14 million dollars?

Depending on condition, $200-$1000

The Batlord 08-09-2020 12:52 PM

Quote:

Originally Posted by Exo (Post 2130103)
Depending on condition, $200-$1000

Then it's not quite the same is it?

Exo 08-09-2020 01:56 PM

Quote:

Originally Posted by The Batlord (Post 2130104)
Then it's not quite the same is it?

I didn't say they were the same value wise to be fair, only that people seek out the originals.

The Batlord 08-09-2020 01:59 PM

I promise you 99.99999999% of comic book collectors are not seeking to buy an original copy of Superman #1. That'd be excessive even if you won the lottery.

Frownland 08-09-2020 02:02 PM

That's why it's so cheap. Nobody wants it.

OccultHawk 08-09-2020 03:30 PM

How about Record Store Day? How’s that worked out for you in the past and what do you think about the plan to spread it out over 3 or 4 separated dates because of covid?

Exo 08-09-2020 04:12 PM

Quote:

Originally Posted by The Batlord (Post 2130108)
I promise you 99.99999999% of comic book collectors are not seeking to buy an original copy of Superman #1. That'd be excessive even if you won the lottery.

Okay, so my Superman example wasn't the best. I didn't know how expensive that-----SHUT THE F*CK UP. YOU KNOW WHAT I MEAN.

The Batlord 08-09-2020 04:17 PM

Quote:

Originally Posted by Exo (Post 2130122)
Okay, so my Superman example wasn't the best. I didn't know how expensive that-----SHUT THE F*CK UP. YOU KNOW WHAT I MEAN.

Yes, I know that comic books are more valuable than music.


All times are GMT -6. The time now is 08:39 PM.


© 2003-2024 Advameg, Inc.