What is Happening to the Rare Jazz Vinyl Market?
I first started doing Jazz Collector as a newsletter/web site back in 2004 and moved over to the blog format in 2008. Back then, I used to pore through eBay every single day, looking at the complete jazz listings for every 24 hours so I could not only spot the big-ticket items, but also to identify potential bargains. I was really into it then, because I was selling records and, more often, buying records. At some point, however, my real work started accumulating, I bought two major collections to fill out my own collection, the prices on eBay soared into the stratosphere, and the idea of looking at 24 hours of eBay all day and every day became more of a nuisance than a pleasure. It did change the dynamics of Jazz Collector a bit, because I still wanted to write about the market and identify rare records, but I started doing searches based on price, as in the highest priced records.
And that’s what I’ve been doing for many years now. I’m sure most of you noticed, particularly long-time readers such as Rudolf. Which is a long way of getting to this point: As I’ve been doing these searches recently, I’ve been finding that the sellers are asking for higher prices consistently, and the buyers are becoming less interested. I just went on to eBay for the first time in a few weeks and most of the records I looked at had high asking prices and zero bidders. It feels like the market is changing right before our eyes. In any case, rather than focus on records that are not getting bids, let’s start with a couple that are: Read more