You don’t see too many jazz records selling for more than $1,000. Here’s a recent Gil Melle, Patterns in Jazz, Blue Note 1517, that sold for $1,225. It helped that the record was in mint condition, was an original and was being sold by a highly reputable dealer. Back when I was doing the site regularly, there was huge discussion when a copy of Monk’s Music, Riverside 342, sold eBay for $3,061.50. Here’s what I wrote at the time: Read more
In our newsletter last week we re-raised the question about why a copy of Monk’s Music, Riverside 242, recently sold on eBay for more than $3,000. Here are some of the early responses:
“Hi. Great newsletter by the way. I buy a lot of LPs from Atomic and watched that auction in disbelief. I corresponded with the Atomic crew after the auction asking them if there was something special I didn’t know about this particular LP and they said they were blown away at the price and had absolutely no explanation. My explanation is someone’s pocketbook is bigger than their brain Read more
I was sitting at work yesterday, taking a little break and browsing on eBay, when my friend Dan Axelrod called.
“Are you watching eBay?”
I told him I was.
“Did you see the Monk record?”
I did a quick search and there it was: A copy of Monk’s Music, Riverside 242, by Thelonious Monk. It was an original white label pressing in near mint condition being sold by Atomic Records. What was unusual about the listing was not the record itself, but the bidding. When Dan called the bidding had passed $2,000. When the record finally sold, the price was $3,061.50. It looked like a bidding war among four buyers.
Dan and I weren’t the only ones intrigued – amazed – by the bidding: This record was viewed 1,215 times, which is more than I recall for any other jazz record.
“I didn’t even realize this was one of the heavy hitters,” Dan said.
Neither did I.
I did a quick search of the price guide at Jazzcollector.com. We had one copy listed with the white label. It was in VG++/VG+ condition and sold for $366 in March. Inflation? Rising prices? Condition? Is there any rational reason why this record would sell for more than $3,000?
If you have an explanation, send a note to us. We’ll explore this one in greater detail next week when we send out our next newsletter.
Jazz Collector Newsletter, June 2002
We have some positive changes coming at Jazz Collector. We’re updating the Jazzcollector.com Web site and starting Monday we’ll be posting new items each weekday. Plus, we’ll be giving away free collectibles from the site periodically. Finally, we’re going to post more articles and commentaries from readers and increase activity on the site’s Forum. The hope is to create a hub for the Jazz Collector community, so please use the site and offer up any suggestions. The site upgrade won’t affect the newsletter, which will still come out once a month. We have more than 800 subscribers now and the roster keeps growing. Obviously, jazz vinyl is alive and well.
One of the pleasures of having an extensive jazz collection is that it gives you the opportunity to go back and review the history of jazz in real time, as it was happening. This is particularly the case when you look at old issues of Downbeat or Metronome, or review old liner notes, an art form that began approaching extinction with the advent of the compact disc format. In any case, allow me to share some interesting stuff from my archives.
Downbeat, January 18, 1962
Review: John Coltrane, Africa/Brass, Impulse 6
This record was a departure for Coltrane: The first time he ever played with a brass section. It is now regarded as a classic, rightfully so, particularly the title cut, which makes up the entire first side of the album. At the time, however, the Downbeat reviewer, Martin Williams, didn’t see it that way. He gave it only two stars, out of a possible five. Here’s a sample from the review:
Another day, another thousand or so records on eBay. It’s a tough job, but somebody’s got to go through them all and it may as well be me. Here are some of the items we’re watching over the next couple of days: Don Sleet, All Members, Jazzland 45
After you click this item do yourself a favor and click “View Seller’s Other Items.” You will see some great records in great condition that will sell for high prices.
This is another dealer with some good items this week. Art Taylor, Taylor’s Wailers, Prestige 7117
One of these days we will get this record, but not this week. The price tag of $450 is already a little too steep. Read more
Back home after a weekend away. Let’s see what happened on eBay the past few days.
The seller JBLD44000 out of Seattle, who has been selling some nice records the past few weeks, had a bunch of items up this weekend, with mixed results. A few of the records sold for high prices, including:
Hank Mobley, Soul Station, Blue Note 4031, for $1,337.28
Kenny Drew, Walkin’ and Talkin’, Jazz West 4, for $532
This dealer also had several high-ticket items that didn’t get bids at all. Based on our previous experience watching his auctions, we anticipate that these records will be back on eBay in the near future with somewhat lower start prices and, perhaps, Buy-It-Now prices. Among those records are: Read more
I went away for the long Memorial Day weekend and didn’t look at eBay for three days. Here are some of the things I missed:
Howard McGhee, Music From The Connection, Felsted 7512. This was in nice condition and sold for more than $1,000.
Benny Carter, Cosmopolite, Norgran 1070. This was an original yellow label copy, autographed by Carter and, according to the dealer, directly from Carter’s own collection. A nice collectible, indeed. Read more
I went to the country for a couple of days and stayed off eBay, cold turkey. I had no outward signs of withdrawal, but my wife swears I was up in the middle of the night screaming incoherently about missing a Donald Byrd record on Transition for $5. Anyway, I’m back and looking at some of the items I was watching over the weekend to see what I might have missed. Here are a few things that are catching my eye: Read more