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echo: collectables
to: JOHN GIANNINI
from: MARTIN RIDGLEY
date: 1997-01-21 04:12:00
subject: Record collection

 =-> Quoting John Giannini to Scott Mcgowan, re: Records....
 JG> I have about 2000 albums mostly from the 60s and late 50's, mostly
 JG> rock, I am trying to sell.  Some of what I have is really rare, but
 JG> I do not want to peacemeal it out, I want a buyer for everything at
 JG> once.  Unfortunately, I haven't found anyone with the necessary
 JG> interest or financial capability to work with me on this.
 JG> Oh well, I'll keep trying...
   Just out of interest, how long have you been looking for a buyer?
 It's been my experience in dealing with other collectors, that you might
 have a hard time selling the entire collection in one deal - unless you
 can find a buyer who already knows where he can unload any stuff he
 doesn't want.  Most collector's will not want most of the collection
 because they will either already have a lot of that stuff, or they are
 focusing on specific areas of interest only and do not want the 
 extraneous stuff. 
   This is just an opinion, but I suspect that you should try to sell the
 most collectible items individually.  You will probably get close to 100%
 of book price or better that way.  Also, you will start to pare down the
 collection.  Then, if at some point you do manage to find a buyer for the
 lot, you can easily negotiate the price based on whatever the collection 
 consists of at that time.
 JG> Book price on the entire collection is about 50K-60K.  I would want
 JG> at least 40K for the entire collection.
   You're talking about 75-80% of book price.  I may be wrong, but I
 honestly believe that's an unrealistic expectation for the lot.  IMO,
 if you're lucky enough to find a buyer for the whole lot, they will want 
 to negotiate a better deal than that.  As I said, you could probably get
 close to 100% of book or better on smaller portions of the collection,
 but if someone's going to buy the whole package, I'm sure they'll want
 a better deal than that - probably something more along the lines of
 40-50% of book - or else it simply won't be worth their effort:
   1) Any serious record collector will already have some of what you
      are selling and/or will only be looking to acquire certain
      recordings.
   2) Few people will want to put out that kind of money in a lump sum
      and do all the work in unpacking, sorting, storing, and then
      re-selling it, UNLESS they feel they are getting a deal and have
      a good chance of making a portion of their money back.
   Of course, if you were to find someone who is just starting to seriously
 collect vinyl albums and doesn't have a substantial collection yet, you
 may be able to get close to what you're asking.  Assuming they've got the 
 cash to spare, they might be willing to make that kind of investment,
 knowing that they're going to keep most of it rather than try to turn 
 it around and sell part of it again.
   Admittedly these are my personal opinions though, and are based mainly
 on my own experiences as a collector.
 JG> Some of the collection consists of....
   
   Looking at your sample listing of some of your rarities, it seems that
 you've probably got a few things that I'd be interested in.  But I 
 certainly can't afford to buy the whole collection - not even at 50% of 
 book!  Anyway, my needs are quite specific and I don't really want to
 acquire a lot of extra vinyl that isn't within my sphere of interest.
   Nevertheless, I'm always interested in talking about records, so if
 you want to chat, send me a message in the general music echo, or if
 it's about Beatles records, in the Beatles echo, or via netmail.  I'd
 love to hear from you!   Best of luck, John!
    Cheers,
             Martin
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--- Blue Wave/386 v2.30 [NR]
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