Miles and Trane, Big Prices
One of our readers sent me the results of this auction with a “what the hell is going on here” type of note: John Coltrane, Africa/ Brass, Impulse 6. This was an original mono pressing with the orange label and it was probably in VG++ condition for both the record and the cover. It sold for $294 and there were 17 bids. Indeed, that is quite a bit higher than we normally see for this record, but is it outrageous? I don’t think so. I think it’s a sign of times to come: Coltrane, original Impulse, nice condition, hard to find. It’s got a lot going for it. Plus, it’s a great record, right? And Coltrane’s first on Impulse.
Look at the price of this one as well: Miles Davis, Relaxin’, Prestige 7129. This was an original New York pressing in M- condition for both the record and the cover. It had more than 260 views and wound up selling for $799.10. It’s a great record and an original pressing, and the price is reflective of today’s market, isn’t it?