A few More For the $1,000 Bin, Courtesy of JRC

As we expected, several of the items from the Jazz Record Center auction sold for well more than $1,000. Here’s the rundown of the ones we were watching:

Sonny Rollins, Saxophone Colossus, Prestige 7079. This was an original New York pressing. On further inspection, this copy looks to be in M- condition, both record and cover. The final price was $1,492.

Sonny Rollins Volume One, Blue Note 1542. This was also an original pressing — Lexington Avenue on both sides. The record was M- and the cover looked to be VG++. The final price was $1,281.

Hank Mobley, Soul Station, Blue Note 4031. This one also seemed to be in M- condition, both record and cover. The final price was  $1,259.

In addition to these for the $1,000 bin, there is also this one from Jazz Record Center:

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From JRC: Lee Morgan, Hank Mobley, Sonny Rollins

We were checking our email and we noticed that the Jazz Record Center is another auction coming up on eBay this week. The check out the link, click here. This one will be quite interesting to watch, since there are at least three records we expect to break the $1,000 barrier, and there are a bunch of other records that will test the softness of the market. When you have a dealer with the sterling reputation of the Jazz Record Center, you are getting the truest sense of market conditions, since bidders don’t have to worry about the veracity and credibility of the seller. In any case, among the top items being auction by Jazz Record center this week are: Lee Morgan, Indeed, Blue Note 1538. This is an original Lexington Avenue pressing. The record is M- and the cover is somewhere between VG++ and M-. The current price is $912; Hank Mobley, Soul Station, Blue Note 4031. This one looks M- all the way around and is currently at $777; Sonny Rollins, Saxophone Colossus, Prestige 7079. This is a New York pressing in beautiful condition and is currently at $521.

For the Price Guide: Newk, Evans, Tina Brooks

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

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Another $1,000 Record, This One in VG Condition

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:

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Two More For the $1,000 Bin

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:

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Two More For the $1,000 Bin

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.

Another $1,000 Item, Plus A Few More

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- 

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A Few More For The $1,000 Club

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.

A Couple More $1,000 Records

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.

Another $1,000 Record, and A Few More

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.

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