A few weeks ago one of our regular readers, Jay Fulmer, asked if I had a chance to review the Goldmine Jazz Album Price Guide 3rd edition. This is not something I normally look at. Honestly, when I last looked at it maybe 10 years ago the prices were so off-base, IMHO, that I dismissed it pretty handily. Beyond that, if I want to know the REAL market value of an item, I typically look at Popsike or completed listings on eBay. Putting my own prejudices aside, however, I suggested that if Jay wanted to share his thoughts with the rest of the Jazz Collector community, he was more than welcome to write a guest column. He did. Here it is.
Review: Goldmine Jazz Album Price Guide 3rd Edition
By Jay Fulmer
More than a decade since the release of the 2nd edition, the 3rd edition of the Goldmine Jazz Album Price Guide is here. As expected, many LPs have increased in value, but the changes in format from the 1st and 2nd edition are worth noting.
There is a new author for the 3rd edition, Dave Thompson, so I am assuming the format changes originate with him. The 3rd edition only gives a NM value for listings. With the addition of new listings this was probably the easiest way to save space. Anyone familiar with Goldmine’s pricing can easily enough extrapolate backwards, and those unfamiliar with their grading/pricing structure should from now on only buy NM albums! Read more
Whilst I was away there was some email, as usual, so let me get to some of that as long as I am catching up. Clifford sent me a note under the subject “1568 Comedy Watch,” with the accompanying text: “I don’t know if people are getting bored with these, but I still find 1568 auctions fairly amusing/interesting.” Attached was this link to Hank Mobley, Blue Note 1568. The auction as over and the final price was $960. Was it a copy you would actually put on your turntable? Not me. The record was listed in G+ condition. Was it a record you’d be proud to display on your shelves? Not really. The cover was in VG- condition with water damage and small seam split. Was it a record you’d spend $960 on, so you could say you own a copy of the rarest of the rare Blue Notes? Clearly, there was at least one buyer who would say amen to that. It was funny seeing this email from Clifford, because just a few minutes later I got a separate email from Mike with the same link and the following question: “I wondered if you or your readership would be willing to part with US$960 for BN1568 in this condition? Speaking for myself, Read more
Many dealers, including our partner AJ Doctor, use the Goldmine Grading Guide as a guideline to grading records. Goldmine is a biweekly record collectors magazine in the United States that also publishes price guides. The following is an excerpt from their Grading Guide:
Mint (M): Absolutely perfect in every way – certainly never played, possibly even still sealed. Should be used sparingly as a grade, if at all.
Near Mint (NM or M-): A nearly perfect record. Many dealers won’t give a grade higher than this implying (perhaps correctly) that no record is ever truly perfect. The record should show no obvious signs of wear. An LP jacket should have no creases, folds, seam splits or any other noticeable similar defect. No cut-out holes either. And of course, the same should be true of any other inserts, such as posters, Read more