It may surprise many to find that the hobby of record collecting, long thought dead after the introduction of the compact disc, is still alive and well. Granted, many music fans have long replaced their records with CDs, but for many Baby Boomers and Generation X-ers, the hobby of buying and collecting record albums and singles continues to be a focal point in their lives.
Records offer the tactile sense of a substantial product, unlike the CD. The seven-inch, 45 RPM single often came with a picture sleeve that has no equivalent among compact discs. The nostalgia of records draws many back to their younger days. And records still sound great. A recent check of the Bay auction site showed 959,857 records for sale. That's just under one million records!
These records aren't selling at garage-sale prices, either. At any given time, there might be six thousand records by the Beatles for sale, some of which have sold for up to $40,000. Elvis isn't far behind; his first five singles, issued on the small Memphis-based, Sun label, routinely bring $2000 at auction in nice condition. Other artists, such as the Rolling Stones, Pink Floyd, Led Zeppelin, James Brown, or Madonna have issued records that not only command sky-high prices, but also draw a lot of bids.
The greatest interest in record collecting is in artists of the 1960's and 1970's, but newer bands, such as Nirvana, draw a lot of attention from younger collectors. Nivrana's first single, Love Buzz issued in 1988, sells for up to $2000 and there are several other bands, such as the Misfits, that have released numerous records that sell for more than $1000. What do collectors do with these records? Some play them, some frame them, some simply put them on the shelf. There are collectors who only buy records that they intend to play and others that simply want anything that was ever commercially released by the artist that interests them. There is no pigeonholing a collector; they come in all shapes and sizes. For them, finding a long-unavailable single that has eluded them for years is like winning the lottery.
For those who are interested, there are literally thousands of Websites devoted to artists, records, and record collecting. There are well-known magazines, like Goldmine , Discoveries, and in the UK, Record Collector. Anyone who thinks they might be interested in collecting records has more resources available to them than ever before. Twenty years ago, people thought that records would be long forgotten by now. They couldn't have been more wrong.
?Copyright 2005 by Retro Marketing. Charles Essmeier is the owner of Retro Marketing, a firm that operates several retail Websites, including AluminumChristmasTrees.net, a site devoted to vintage aluminum Christmas trees and accessories, and RarePinkFloyd.com, a site devoted to rare records, compact discs and memorabilia by the band Pink Floyd.