cutouts/deletions/overstocks = the desirables of the future

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is this still true?
a hiphop guy i work with just mentioned he was thinking of paying $50 aust for some sugarhill 12"s.
i paid 99c aust several years ago. jeez, they aint even that good.

do years of secondhand /cutout shopping (through economic neccesity) pay off in the long run?

gaz (gaz), Friday, 25 April 2003 09:38 (twenty-two years ago)

I have a copy of the EMF album that has the Mark David Chapman soundbite on it (removed soon after release). Any bidders?

Nordicskillz (Nordicskillz), Friday, 25 April 2003 09:45 (twenty-two years ago)

99c nordicskillz. you pay postage.

gaz (gaz), Friday, 25 April 2003 09:55 (twenty-two years ago)

I've got that Body Count cd that Chuck Heston helped drive out of print. Don't know if it is worth any cash, the music is pretty average kind of like Ice T making a Danzig record.

earlnash, Friday, 25 April 2003 12:22 (twenty-two years ago)

I used to buy Dennis Wilson's "Pacific Ocean Blue" for a few dollahs per to sell in a store I ran. Also, the 100 Flowers comp. that Rhino put out was remaindered rather quickly.

And, IIRC, my 2xLP vinyl copy of "Tusk" was purchased for $2.99 back in '82 or so, and it's firmly in my top-50 of all time.

Baked Bean Teeth (Baked Bean Teeth), Friday, 25 April 2003 13:09 (twenty-two years ago)

I won that Body Count CD. I held on to it for a day. I got $8 for it. I think I've seen it for $100, but I doubt it's still worth that.

electric sound of jim (electricsound), Saturday, 26 April 2003 00:50 (twenty-two years ago)

It all depends.

Some CD's are/will be worth lots of cash in the future. But, it's hard to see the future isn't it? Rareness fluctuates. Sometimes something is believed to be rare when it really isn't all that rare. Like the first batch of Body Count. But it still may be highly collectable item for reasons other than scarcity. There are millions of Beatles records, but people will still pay top dollar for them. One of the best examples of an item dropping like Enron stock is the Casino Royale OST in stereo. Pre-eBay, some audiophiles used to pay thousands of dollars for a sealed copy, but now it is rather common and pretty cheap on eBay.

I wish I knew more about collecting CD's. But I say collect what you like, burn it to a nice CD-R if you open it and keep it minty clean. First editions of anything have a niche somewhere.

It all boils down to selling it for more than you bought it for. That's not exactly a nugget of wisdom, but that's what it's all about.

For rare vinyl, the best market index is eBay. If people are paying high prices there in bidding wars, they will usually pay high prices anywhere for vinyl. But beware of Japanese collectors with very deep pockets. Corporations in Japan buy up old jazz records and vault them up just like they are Picassos.

The UK and Japan contain some of the best record collections anywhere, but don't expect them to be for sell. The U.S. is still ripe in some areas, but it is drying up.

Well-preserved records will go only go up in value. I'd venture to say the same for CDs too. They are artifacts after all.

Cub, Saturday, 26 April 2003 02:09 (twenty-two years ago)

The joke re that Casino Royale record is people weren't even buying it for the music!

Shaded Dog (Sean), Saturday, 26 April 2003 02:20 (twenty-two years ago)

I have it. Great cover art. Rather boring music. I found found a clean stereo copy for two bucks thinking I had struck gold! Nope.

Cub, Saturday, 26 April 2003 02:26 (twenty-two years ago)

the point i was trying to unravel: music which no one wants now...which you can get cheap = the cool shit of tomorrow?

gaz (gaz), Saturday, 26 April 2003 09:28 (twenty-two years ago)

I tried to ask the guy in a local secondhand store about whether the hologram version of Prince's "Diamonds And Pearls" would eventually become a collector's item. He didn't think so, regarding the fact that the hologram version was still sold in more copies than the current non-hologram edition.

Geir Hongro (GeirHong), Saturday, 26 April 2003 13:21 (twenty-two years ago)

music which no one wants now...which you can get cheap = the cool shit of tomorrow?

yes. the australian post-punk singles I would have paid a dollar for eight years ago regularly goes for more than $30 or $40 these days..

electric sound of jim (electricsound), Sunday, 27 April 2003 01:04 (twenty-two years ago)

electic sound of jim
sell me some slugfuckers :-)
´ll trade you some goodies!

Jens (brighter), Sunday, 27 April 2003 07:47 (twenty-two years ago)

yes. the australian post-punk singles I would have paid a dollar for eight years ago regularly goes for more than $30 or $40 these days..

did you buy them cos you liked the music or were interested or were part of the scene.
or are you collector scum?

gaz (gaz), Sunday, 27 April 2003 08:42 (twenty-two years ago)

I have the Slugfuckers and the first Severed Heads album, The Ear Bitten. It's awful, you can have it for free. Now, where is it? Damn!

colin s barrow (colin s barrow), Sunday, 27 April 2003 10:23 (twenty-two years ago)

did you buy them cos you liked the music or were interested or were part of the scene.
or are you collector scum?

yes to both, but the latter not so much these days. i wish i had some Slugfuckers to sell! just the other day a very nice chap named Phil sent me some Slugfuckers stuff (among other things) and it's great!

free Ear Bitten?!?!?!! i'll come pick it up!

electric sound of jim (electricsound), Sunday, 27 April 2003 11:16 (twenty-two years ago)

yes

most cut-outs by defn. are the end of the print run of that item -- there will always be demand for interesting stuff within it's niche, and since such stuff often starts out over-priced and with limited distribution it quickly finds it's way into the cut-out bin

just as some of the most interesting (maybe weird) books get remaindered because they will never sell within the 6 months publishers routinely give them

a sort of reverse law of economics -- the more distributed and "niche" the interest, the less immediate sales, and so the more short term risk that many retailers and wholesalers will wish to avoid, so the more they will exit that market early

so, i find thumbing through cut-outs to have a higher lucky dip strike rate and a lower cost to risk of unknown ratio -- and if you end up not liking the music, there may be someone out there who does won't have had the chance to buy it in the first place, so you might be able to recoup your "investment"

note:
-- many of the "collectible" cds on ebay are from professional cut-out trawlers
-- the original artists are the people who miss out, as the amount not paid to them is what allows the cut-out to be sold for the price it is sold at, whereas everybody else in the food chain will have most likely at least covered their costs
-- cut-outs are cheap also has to do with the cost of getting the cd to the ideal end-user forgone, the failure of the traditional retail system, so if you want the right people to get paid, buy from specialist direct mail order outfits like forcedexposure.com
-- most cut-outs will still be worthless both aesthetically and as investments, because however many interesting cds end up as cut-outs, there will still be more garbage, so caveat emptor

george gosset (gegoss), Sunday, 27 April 2003 15:52 (twenty-two years ago)

oh, and right now cut-outs are like a dutch auction -- with the record industry desperately trying to cut costs, you can wait and watch the prices drop more, but once the cut-outs have sold you've missed out

george gosset (gegoss), Sunday, 27 April 2003 16:01 (twenty-two years ago)


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