Of Market Value and Music Value

Back on eBay and wanted to first catch up on some of the items we were watching last time, starting with George Wallington, New York Scene, New Jazz 8207. This was the one from the Jazz Record Center and the bidding was at close to $800 when we wrote about it. The record wound up selling for $2,000, well surpassing the previous top price paid for this record, according to Popsike. I still find it fascinating that certain records have a strong appeal to collectors, i.e., value, while other records of the same era, perhaps by more prominent artists, have less of an appeal. Off the top of my head, I’ll use Sonny Rollins Plus Four as an example. This is a great record, featuring ground-breaking artists in their prime, on Prestige, yet it has never come close to the $1,000 mark, let alone $2,000. I’m sure I can come up with other examples, but you get the drift. I’m sure it has to do with supply and demand and all of that and perceptions of what is “rare” and what isn’t, which, I guess, is one of the nice things about having sites like eBay and Popsike to monitor the market and see on a daily basis what actual market value looks like. Back in the dark ages before the Internet, most of us were probably operating in the dark, not quite understanding the market value of what we were collecting. I guess we were focusing on the music that we loved.

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Rare Jazz Vinyl, For Thousands of $$$ or, Perhaps, 25 Cents

I have more stories to tell, including a return engagement at Spike’s Record Rack in Catskill, but I feel I must get back to the business of looking at collectible vinyl on eBay before I do so. Nothing too exciting — no new collections — just some random stuff. So let’s get on with some eBay watching first and do the story-telling later in the week. If it’s eBay, there must be an expensive Sonny Clark record selling for thousands of dollars somewhere. This week it is Sonny Clark, Cool Struttin’, Blue Note 1588, courtesy of our friends at the Jazz Record Center in New York. This looks to be in really nice condition. Based on the description, my grade would be M- for the record and VG++ for the cover. There are nearly two days left on this auction and the bidding is now in the $1,100 range. We have consistently seen this record in the $3,000 bin and, at least once in the rarified $5,000 bin. I’m setting the over/under on this copy arbitrarily at $4,100.

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Rare Jazz Vinyl: A Question of Condition

I had my eye on this one to see if it would sell: Jutta Hipp, At the Hickory House, Volume 2, Blue Note 1516. This was an original pressing with the Lexington Avenue label. So, it was listed in VG++ condition for the record and VG++ for the cover. Except . . . the record had a few light surface scratches and played with some surface noise. So maybe the vinyl condition gets downgraded a notch. And then . . . the cover has a seam split ton the top with visible damage, so that gets graded down at least a notch, perhaps two. Then the question becomes how much do you trust a seller when there’s a clear discrepancy and the start price for the record is more than $900. The answer on eBay was “not enough,” since nobody bid. The record is back for sale with a lower start price, barely, of about $900.

Here‘s another:

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Leapin’, Lopin’ and Lunacy

After last week’s diversion, I see I am being prodded to get back to the regular business of tracking the market for rare jazz vinyl, and so I will start with a note and link from our friend Clifford, subject: Sonny Clark WTF. Clifford writes, “Hey, Al. Here’s one for the ages (maybe). I’d gladly let my copy go for just $5000!” And the link is Sonny Clark, Leapin’ and Lopin’, Blue Note 4091. This was an original mono pressing with the New York USA address. The record and the cover were in just VG+ condition. The final price was $7,300. As Clifford so eloquently put it: WTF! There were 21 bidders and 44 bids and the price went from a reasonable $563 to a ridiculous $7,300 in the last moments. I would guess that two bidders both had a strategy of putting in humongous bids just to assure that they would get the record and, voila, they ran up against one another. How else could we explain a VG+ copy of this record selling for that price? Read more

Hype, Hyperbole and High Prices; Just Another Day on eBay

Back on eBay again for the first time in weeks and was greeted to this: John Coltrane, Coltrane, Prestige 7105. What caught my eye about this listing was this line: “Awesome red cover of one of the rarest jazz albums.” Then I saw that the bidding had already reached more than $510 for this second pressing with the New Jersey label. The combination of high hyperbole and high price, could only mean one seller and, of course, I was right. You can click the link and guess yourself, but for regular readers here it won’t be much of stumper. The record and cover are graded as VG++. I kind of like the red cover, but prefer the original green. Does anyone know why Prestige did this, not just with this record, but with others? Did they think people would want to buy the same record twice? Rudolf?

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Back in Action: Rare Newk, Redd, Jackie

I’m back. Haven’t looked at eBay in a couple of weeks, so that’s where I’m going to start: Sonny Rollins Quintet, Esquire 20-080. This is a 10-inch British version of the 10-inch U.S. LP Sonny Rollins Quintet Featuring Kenny Dorham, Prestige 186. I’ve never owned either the U.S. or U.K. pressing, so this copy looks extraordinarily cool to me. It is listed in VG++ condition for both the record and the cover. The start price is in the $200 range and so far there are no bidders, with five days left on the auction. Tempting, I must say.

And then there is my old nemesis:

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Tales from the Inbox and From the Turntable

Clearing out some old emails and watch list and found this link and note from our friend Clifford: Hank Mobley, Blue Note 1568. The note reads as follows: “Watching this one because it is apparently quite unplayable.” And that it was. The vinyl was listed in G condition, with the caution that it would not play without skipping. The cover was VG- with edge wear and seam splits. I think Clifford sent me the listing when the price was about $150. It would up selling for $810 with 16 bidders. Quite a lot, IMHO, for a record that I wouldn’t put on my turntable, but perhaps the new owner will like to frame it, or have it for investment purposes, figuring that these things are only going up in value, no matter what the condition. Trying not to pass judgment, because collecting is very personal and we all have our passions and idiosyncrasies.

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On the Menu: Classic Blue Notes and Prestiges

We’ll start today with a few from the Prestige label, opening with Zoot Sims Quartets, Prestige 7026. This is an original New York pressing that looks to be in about VG+ condition for the record and similar for the cover. It’s not a record that we’ve written about much. We don’t see it on eBay that often and it doesn’t typically command high collectible prices, compared to other original pressings from the era. This one has a start price of $200 and so far there are no bids, with the auction closing in two days. I happen to own a copy of this record, but haven’t listened to it in like 30 years. Maybe I’ll try it later. Zoot is always worth a listen, IMHO. Read more

Blue Notes and Beyond

I’m back, finally. I see in my absence, Mr. Lee did a good job of keeping the interest alive. I’ve actually removed a couple of posts that had to do with cases filed on eBay. Sorry, Mr. Lee, that’s not something we do here at Jazz Collector.

Let’s start with the tease on the Blue Note documentary. It is called Blue Note Records: Beyond the Blue Notes. I saw it at a special screening at the Tribeca Film Festival. Watching the movie and knowing that I would have to write about it here reminded me why, early in my journalism career, I decided that I didn’t want to be a critic. To be fair, there were some great things about the movie. Nice clips of Monk, the Lion and Wolff story, the artwork (of course) and some great commentary and stories from 91-year-old Lou Donaldson, who lights up the screen every time he appears. Would I recommend the documentary to you, loyal Jazz Collector readers? I don’t need to, do I? You’ll see it no matter what I say, as you should. Within the movie is the story of the music we love as it was recorded and packaged on one of the labels we treasure and collect. Read more

Shades of Tommy Flanagan Overseas

When I began collecting jazz vinyl as a serious (obsessive?) endeavor, sometime in the late 1970s or early 1980s, the record that was identified as the “rarest” or “most collectible” was Tommy Flanagan Overseas. There was no internet in those days and I had never even seen a copy of this record for years, and didn’t hold a copy in my hand until maybe 20 years later, when it was part of a collection that I did not buy. I never owned an original until the Bruce W. West collection back in 2013, so it was a long wait of more than 30 years for me. I’ve always kept an eye on this record on eBay because of its early mythological aura, at least as I experienced it. Over the years I’ve seen as this record has moved into the $3,000 price range on occasion, which is certainly quite a high price, but the aura of this record as the height of jazz collectibility has been eclipsed by other records, particularly Blue Notes, and most specifically Hank Mobley, Blue Note 1568. Yet Tommy Flanagan Overseas is still high up on the list of valuable and highly sought-after jazz collectibles. I mention all this as a prelude to this listing on eBay now: Tommy Flanagan Overseas, Prestige 7134. This auction for this copy

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