I know this is going to give some of you a heart attack: That sealed copy of Giant Steps of unknown provenance sold for $2,025.55. What happens with something like that? Does the buyer even open it? If he does, what if it’s just a standard red and green label? What happens? I think it’s amazing that this seller is able to get these prices for some of his offerings. But I do wonder if there’s an alternate reality going on that we’re not aware of, like whether there is one set of buyers that are completely rapt by his marketing wizardry and only bid on his stuff and are not bidding on any other records. Here are a couple of other auctions we were watching from him: Louis Armstrong at the Crescendo Volume 2, Decca 8169. This is a pretty routine record that you could probably find pretty regularly for $10 or $20 at a weekend record show. This one sold for $103.50. How about: Billie Holiday, Lady in Satin, Columbia 8048? This was a 6-eye stereo pressing. Nothing special, right? This one sold for $157.55. As I was copying the picture of Giant Steps, I took another look at the listing. Someone asked about the label and this was the seller’s reply:
Tag: Louis Armstrong
For Sale: Louis Armstrong Autograph
I just posted an interesting item on The Jazz Collector Store on eBay: A copy of the Louis Armstrong autobiography Satchmo, My Life In New Orleans, which is autographed by Louis Armstrong. It is signed in large print on the title page: “To Joel From Satchmo Louis Armstrong.” The Satchmo is underlined. I have a receipt stating that I paid $270 for this item nearly 10 years ago, but I just posted it for $200. I did a quick search on eBay and there are not that many Armstrong autographs available and none quite as strong as this one, since it is an inscribed autobiography. Since the item is in the store and not up on auction, it could go fast, so I wanted to make sure I gave a heads-up to all of you who read Jazz Collector in case you wanted to grab it. If you buy it and tell me you read about it at Jazz Collector, I’ll give you an additional $10 discount. Can’t beat that.
In Search of the Highest Prices
I was just tooling around eBay this morning and decided to do a quick search in the Jazz LP category sorted by “Highest Prices First.” I’d never thought to do a search this way and didn’t even realize it was an option. Here are some of the interesting items I found:
Here Comes Louis Smith, Blue Note 1584
Lee Morgan, Indeed, Blue Note 1538
Freddie Redd, Shades of Redd, Blue Note 4045. This is one of my favorite all-time LPs. I only have a Japanese pressing and have never owned the original. Will I bid on this? Perhaps. The price is $150 and the auction closes in nearly four days.
And here’s one you wouldn’t expect to see on a search of highest priced LPs: Louis Armstrong, Hello Dolly. This is from a seller with zero feedback. His asking price is $100. Think he’ll get it? If he does, I have a bridge in Brooklyn I’ll be auctioning on eBay next week.
Collecting Autographs
It’s always surprised me that jazz collectors seem to place only marginal value in autographed albums or other memorabilia. There are exceptions of course: A Charlie Parker signature on a contract or a Billie Holiday inscription on a book are extraordinarily rare collectibles that fetch a small fortune whenever they appear on eBay or on auction lists from dealers.
But my experience is that autographs don’t necessarily do much to enhance the value of a collectible. To test this, I recently did a search of completed auctions on eBay in the category of jazz using the key word “autographed.” The results confirmed my theory:
April is Jazz Month
