Here are some items we’ve been watching. I know we’ve been talking about a lull on eBay, but when you look at these prices they seem to be holding pretty steady. All of these will be entered into the Jazz Collector Price Guide as soon as I have time, probably this weekend. By the way, there are no links with these items: Most of the links have appeared somewhere on the site already.
Sonny Rollins, Newk’s Time, Blue Note 4001. This was an original West 63rd Street pressing. The record was VG+ and the cover was VG+. The price was $598.
Jutta Hipp, Jutta, Blue Note 5056. This was an original 10-inch LP in VG+ condition, both record and cover. The price was $330.
Jackie McLean, Capuchin Swing, Blue Note 4038. This seemed to be an original pressing, although the seller didn’t say anything about deep grooves. It was in M- condition, both record and cover, and
We’ve been keeping an eye lately on jazz LPs that sell for more than $1,000, which is particularly interesting in light of some of the softness we’re seeing in other parts of the market. The LP True Blue by Tina Brooks, Blue Note 4041, is one that has broken the $1,000 many times. It is quite rare. In the Jazz Collector Price Guide, we’ve seen a copy go for as much as $2,075. So, we were watching this copy of True Blue this week to see what would happen in a soft market. The record wound up selling for $1,625. What makes this more interesting is that the vinyl was only in VG condition (the cover was VG++). It’s not so unusual these days for rare Blue Notes to top $1,000, but $1,625 for a record in VG condition, is still pretty high. Part of it attests to the rarity of this particular LP, and part, also, to the underlying soundness of the market, at least for the higher-end LPs.
I do have a personal experience with this LP to share:
Things may be slow on eBay this days, but there always seems to be a large appetite for some of the rarest records, and two of the ones we’ve been watching sold for more than $1,000 recently. We haven’t had quite such luck with our own sales although, admittedly, we haven’t been putting up gems. Still, we had more than 50 records up for auction this week and probably sold only about 50 percent. This is highly, highly unusual, since we tend to underprice the records and grade them conservatively. The other thing, and a few readers noted this, is that traffic on eBay seems to be down: Not only are fewer people bidding on the records, fewer people are looking at the records. I think it’s all a temporary lull — a reaction to the economy — and I’m planning to continue posting records on eBay. Whatever doesn’t sell I put into the store inventory, which you can view by clicking the Items For Sale link above, so you may find bargains if you take a look. In the meantime, we continue to track eBay pricing and here are the two records that recently sold for more than $1,000:
We’ve been watching jazz vinyl that crosses the $1,000 barrier on eBay. Here are two more that recently joined the club: Paul Chambers, Whims of Chambers, Blue Note 1534. This was an original Lexington Avenue pressing that was in M- condition, both the record and the cover. It also had the advantage of being sold by Euclid Records, one of the most reputable sellers on eBay. This record sold for $1,625, quite a bit higher than we’ve previously seen for a copy of this in the Jazz Collector Price Guide. The other one joining the $1,000 club, was this one: Eric Dolpy in Europe, Debut 136. This was the original Danish pressing in pristine M- condition, both the record and the cover. It sold for $1,375.
We were right in predicting that this record would surpass the $1,000 barrier: It was in near mint condition and it is a rare Blue Note and it was being sold by Euclid Records. We’ve seen it sell for more than $900 previously in the Jazz Collector Price Guide, so it was no surprise that this copy sold yesterday for $1,563.
Here are some of the other items we’ve been watching that will be entered into the Price Guide:
Wes Montgomery, Full House, Riverside 434. This was an original blue label pressing. The record was in VG++ condition and the cover was VG+. The price was $255. This is always one of the higher priced Montgomery collectibles, ostensibly aided by the presence of Johnny Griiffin on tenor.
Bobby Hutcherson, Happenings, Blue Note 4231. This was an original New York USA pressing. The record was M- and the cover was VG++. The price was $221.40.
Paula Castle, Love Lost, Bethlehem 1036. This was an original 10-inch pressing in M-
We have a few more records to add to the roster of jazz vinyl selling for more than $1,000. Interesting, based on my post earlier in the week and all of the comments (Another eBay Debate: What’s The Value of A Dealer’s Reputation?), two of the new entries into the club were sold by the reputable seller Euclid Records. They are: Sonny Rollins, Volume 2, Blue Note 1558. This was an original pressing. The record and cover were both in M- condition. The price was $1,259.56. The other from Euclid was Mal Waldron, Left Alone, Bethlehem 6045. This was an original red label pressing. The record was M- and the cover was VG++. The price was $1,281. The third record selling for more than $1,000 was also one that was subject to quite a bit of discussion on the Jazz Collector Web Site (Today on Ebay, February 2, 2009). This was Thelonious Monk, Prestige 7053. This was the one with the Andy Warhol cover that was only in VG condition and still sold for $2,350.
We have two more records to add to the growing list of Jazz LPs selling for more than $1,000. The first is Eric Dolphy in Europe, Debut 136. This is the original pressing from Denmark. It was in M- condition, from a very reputable seller, and fetched a price is $1,225. Also breaking the $1,000 barrier was a copy of John Coltrane, Blue Train, Blue Note 1577. This was an original pressing, also in near mint condition, also from a reputable seller — Euclid Records — and it also sold for $1,225. We’ve been tracking Blue Train in the Jazz Collector Price Guide ever since we started the guide in 2004. This is the first time we’ve seen this record cross the $1,000 threshold. Part of it has to do with the reputation of the seller, a topic we plan to address in a post later today or tomorrow.
Here’s another record that recently broke the $1,000 price barrier: Lee Morgan, Indeed, Blue Note 1538. This was an original Lexington Avenue pressing. The vinyl was in VG++ condition and the cover was listed as VG+. The final price was $1,114. In the Jazz Collector Price Guide, we’ve previously seen this one sell for as high as $895. We’ll be adding this copy to the Price Guide later today. Also breaking the $1,000 barrier was that test pressing of the Jackie McLean Quintet, Blue Note 84116. This was a very rare pressing in M- condition and sold for $1,220. The other two test pressings that were available yesterday, also sold for fairly high prices: The Leo Parker, Rolling With Leo, Blue Note 84095 test pressing, sold for $631; the one from Sam Rivers, Dimensions and Extensions, Blue Note 84261, sold for $480.55.
A few weeks ago we were keeping a running tab of records that sold for more than $1,000. Here’s another one to add to the list, from a couple of days ago: JR Monterose, Blue Note 1536. This was an original Lexington Avenue pressing. The record was in VG++ condition and the cover was VG+. It was a very reputable dealer and the price was $1,225. We looked in the Jazz Collector Price Guide and, surprisingly, we hadn’t tracked this record in the past, so now it will go into the guide by the end of the week. You can go into the Price Guide and sort by highest prices first to get a sense of which records consistently go for the top prices. No surprise that Blue Note is the label that appears most often, but there are also several records from the British Tempo label that have cracked the $1,000 barrier.
I’m sure many of you saw the news that Freddie Hubbard passed away yesterday at age 70. Hubbard, of course, was a seminal figure in the post-bop era. We write about his records often in the posts at Jazz Collector, particularly since his LP Open Sesame, Blue Note 4040, is one of the top collectibles, often selling for more than $1,000. He also played on Tina Brooks, True Blue, Blue Note 4041, another of the rarest of jazz collectibles. Our own memories of Hubbard stretch back to the great Oliver Nelson LP, The Blues and the Abstract Truth, Impulse 5, where he played in a great setting with Bill Evans, Paul Chambers, Eric Dolphy and others. I always remember Nelson stating that Hubbard sounded like John Coltrane playing the trumpet, and that always stuck with me. Hubbard was never quite as inventive as Trane or as experimental, but he certainly had a style and sound that was immediately recognizable. Other favorite early recordings are Eric Dolphy Outward Bound, New Jazz 8236, and Art Blakey, Buhaina’s Delight, Blue Note 4104. I saw Hubbard many times at the Village Vanguard in the early 1970s, and he was always a passionate, charismatic performer. What are some of your memories, and favorite Hubbard recordings? Please feel free to comment on this post.