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Wed Aug 8 2012 12:57:59

World's Longest Yard Sale 2: Finding Valuable Vinyl Records

By: Jeff Wilson

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We continue our series about this year's World's Longest Yard Sale on Highway 127 with Part Two: Finding Valuable Vinyl Records. (Yes, I said it: vinyl!). AuctionBytes Blog contributor and record specialist Jeff Wilson scoured the sales and dredged up a number of old beauties...and he shares his strategies for hunting the valuable ones, as well as how to group them when you sell. (You can read Part One of the AB Blog's World's Longest Yard Sale series here).

Finding rare records isn’t easy, but more people are interested in simply buying records they like, which is where record lots come into play. If a record's only going to fetch you three or four bucks on eBay, and you may not get a bid, why bother with it? But if you can group five different records by the same artist on the label, I’m thinking your everyday record buyer who doesn’t want to spend all day combing the Internet in order to bid on one 45 at a time may be interested — or at least that’s what I’m betting on with my upcoming record lot auctions.

Psychedelic and Progressive Rock LPs

I found some psychedelic and progressive rock LPs with colorful covers on Highway 127, these included. Generally I buy rock and roll albums by bands I’ve never heard of, which almost guarantees they’re rare. Clean copies of these records should be worth at least ten bucks.

Fraternity 45s

Fraternity is a Cincinnati label that, unless you live in the area, you don’t see nearly as much as you do the larger labels, and there’s a lot of good stuff on it. Although the Dale Wright rockabilly 45 on the lower right isn’t worth much on its own, I’m going to group some of his together and see what the interest is; I’ll let you know how that goes.

Old Country 45s

There is definitely an audience for old country 45s on obscure labels; I’ll probably throw this one in an old rare country lot and see what happens.

Picture Sleeve 45s

I definitely had good luck finding picture sleeves in good shape during the sale. Because picture sleeve 45s aren’t worth as much as people think they are, I’m going to group them together by artist and auction them off on eBay, and I’ll let you know the results.

Radio Program LPs

At a store in Owenton, KY I asked a woman to price a box with 20 of these sets of radio programs with what was the absolute lowest price she would accept for the box, because I was half-in and half-out on buying them. When she said 12 dollars, I said sure. Radio program LPs definitely have value, but eBay tends to take them down, and I’m guessing Amazon would treat them the same way. There are buyers out there, though; you just need to find them.

Garage 45s on Small Labels

When I dropped the needle on this I realized I had a garage rock 45 on small label. I recommend downloading a sound clip for these types of 45s, because often your lookers won’t have any idea what it sounds like otherwise, and their value won’t show up in a record guide; the value will be based on how much the lookers like the sound.

Old Book

Instinct might tell you that every pre-1900 book is valuable, but that’s often not the case. On a book like this, though, I’ll take a chance for a buck.

Have you been to the World's Longest Yard Sale? What was it like for you? Do you plan to go in the future? Post a comment here or in the
AuctionBytes Forums!

About the Author:

Jeff Wilson is a regular contributor to the audiophile magazine The Absolute Sound and has also appeared in Crawdaddy, The Cincinnati Magazine, Perfect Sound Forever, and City Beat. He has published fiction and poetry in various journals along with editing the lit-zine Evil Dog. At one point he was a grumpy guy bemoaning what looked to be the disappearance of vinyl, which made its sudden and unexpected revival all the more pleasing.




Comments (11) | Permalink

Readers Comments

World's Longest Yard Sale 2: Finding Valuable Vinyl Records   World's Longest Yard Sale 2: Finding Valuable Vinyl Records

by: pace306 This user has validated their user name.

Wed Aug 8 19:06:16 2012

20 of these sets of radio programs .... eBay tends to take them down ...

eBay has NO RIGHT in taking them down, and it is a violation and it is abuse of the DMCA law. These are considered ''Promo Cds'' and are %100 legal to sell/resell.

June 11, 2008   UMG v. Augusto

In an important victory for the first sale doctrine, a federal district court today ruled that selling ''promo CDs'' on eBay does not infringe copyright. The court threw out a lawsuit by Universal Music Group (UMG), which had argued that the ''promotional use only'' labels affixed to these CDs somehow conveyed eternal ownership on UMG, making it illegal to resell the CDs (or even throw them away).

You SHOULD post them for sale on eBay - stand your ground - dont give up your rights!

World's Longest Yard Sale 2: Finding Valuable Vinyl Records   World's Longest Yard Sale 2: Finding Valuable Vinyl Records

by: andrewjtitcombe This user has validated their user name.
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Thu Aug 9 00:47:19 2012

Fascinating stuff - no chance of vinyl finds like that in the UK sadly
I think pace306 is wrong about the copyright issue. These radio shows are not promos in the same sense.  It is more like copying a TV programme and trying to sell the DVD  I have been a specialist promo seller for 25 years in the UK and know about this ruling- it applies only to actual promotional items but it is useful for eBay to be reminded of it as I have had promo items removed from listings in the past

World's Longest Yard Sale 2: Finding Valuable Vinyl Records   World's Longest Yard Sale 2: Finding Valuable Vinyl Records

by: pace306 This user has validated their user name.

Thu Aug 9 07:23:12 2012

If you are selling the original records then you are %100 in compliance with current us trade law. Those records like the case I quoted above are promotional "not for resale" items. They ARE legal.

Just because eBay takes down the auction doesnt make them right morally, ethically, or legally.

eBay has a well deserved reputation for violating sellers rights in order to please its masters - the manufacturers (alot of them by sheer coincidence have anchor stores on eBay).

Getting legal advice from eBay about sellers rights is akin to getting human rights advice from Stalin or Hitler.  

World's Longest Yard Sale 2: Finding Valuable Vinyl Records   World's Longest Yard Sale 2: Finding Valuable Vinyl Records

This user has validated their user name. by: Anonymous Annie

Thu Aug 9 13:03:45 2012

Wow! I'm probably sitting on a goldmine of vinyl! (But you won't see me selling it on eBay.)

World's Longest Yard Sale 2: Finding Valuable Vinyl Records   World's Longest Yard Sale 2: Finding Valuable Vinyl Records

This user has validated their user name. by: Spartacus

Thu Aug 9 20:21:55 2012

You're better off listing those on Discogs.com or someplace else where there are no listing fees and somewhere other than eBay. Older, obscure vinyl from small, local labels does have collectors, however, it can take ages to sell.

Unfortunately, even with a $50 per month premium store on eBay, you're still paying .05 cents per month to list. If you have under 1000 items in your store, you're paying an additional .05 per month due to store fees.

.10 cents per month adds up if it takes a year or two to sell the record.

Plus eBay takes 13% FVF in media and 4% via Paypal.

If you ship for $2.99, the 5 ounce package will cost you $2.00 + mailer, ink, tape, paper, you break even ~before~ eBay eats another .38 on shipping FVF's.

Here's your breakdown on a $10 record that takes 1 year to find a buyer for...


- $1.20 (listing fees)
- $1.30 (FVF fees)
- $0.38 (FVF on shipping)
- $0.40 (Paypal fees)

= $3.28 in fees on a $10 item (or 38%)

Seriously?  The only way you can make money on eBay if you're stealing merchandise, it was gifted to you or you got it for pennies on the dollar... or you can deal with 1-2% profit margins and sell in bulk like everyone's favorite Chinese sellers.

oh and btw, sometimes those small label local records can bring hundreds of dollars, not $10, as a lot of collectors collect their hometown or state (I do) so always make sure you put the location (ie: Cincinnati Ohio) in the title.

Best of Luck



World's Longest Yard Sale 2: Finding Valuable Vinyl Records   World's Longest Yard Sale 2: Finding Valuable Vinyl Records

This user has validated their user name. by: juliawww
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Fri Aug 10 09:20:13 2012

Pace..that's interesting about the promo cd's and eBay taking them down. I'd like to dig into them further. It doesn't make sense to me. Has anyone tried to sell them on amazon?  

World's Longest Yard Sale 2: Finding Valuable Vinyl Records   World's Longest Yard Sale 2: Finding Valuable Vinyl Records

by: pjc This user has validated their user name.

Fri Aug 10 09:57:59 2012

Amazon prohibits promotional media

World's Longest Yard Sale 2: Finding Valuable Vinyl Records   World's Longest Yard Sale 2: Finding Valuable Vinyl Records

This user has validated their user name. by: Spartacus

Fri Aug 10 10:46:35 2012

Amazon sure does a good job of prohibiting promotional media.

Only 4,342 Results in the Music > Vinyl category

http://www.amazon.com/PRINCE-1999-promo/dp/B004GA5NRA/


http://www.amazon.com/Beatles-Rarities-Vinyl-Record-BUTCHER/dp/B001GFKIBE

http://www.amazon.com/Didnt-Almost-Have-Promo-Single/dp/B00117G5QE/

http://www.amazon.com/MARIAH-CAREY-ONLY-PROMO-DISCS/dp/B004G6QRJ2/

World's Longest Yard Sale 2: Finding Valuable Vinyl Records   World's Longest Yard Sale 2: Finding Valuable Vinyl Records

by: pace306 This user has validated their user name.

Fri Aug 10 11:27:15 2012

Julia :)

The situation for promo records or cds is different on Amazon vs eBay.

Amazon specifically wants a more narrow catalog. They try NOT to sell these types of objects - specifically becuase they are beholden to the movie/music companies they are direct with. Amazon moves a truck load of music and video - through physical sales, Kindle and downloading direct. Amazon doesnt want to rock the boat with Warner etc and jeprodize those sales. Its simple business - its thier sandbox - thier rules.

eBays issue is entirely DIFFERENT. eBay doesnt sell music and video (at least not yet - they wanted to do a partnership with B&N ... but it never worked out ...)(duh would you partner wtih eBay on anything?)(I wouldnt trust JD to get my breakfast order right, never mind anything else). For eBay its the VERO game. In order to prove they are squeaky clean (they arent in any fashion) they go overboard and ban anything they possibly can. eBay CS has told me MANY times (yeh - those idiots in eBays ''Mistrust & Unsafe Dept) ''we have NO intention of getting involved between sellers and manufactorers. It doesnt matter whether the item you are trying to sell is legal or not - if THEY say it isnt - then its not - and we wont help you , go sue them!). Hence all my posts about the corruptness of VERO - they by thier inaction(s) contribute to DMCA abuse. Coupled with the fact that ''magically'' the most agressive VERO complainers end up on front page deals of the day or have anchor stores!.

For Amazon its stricly business not illegality. For eBay its control of small to medium sellers - the ones Noah Hershman said are the garbage at eBays feet, the people eBay no longer has interest in.

Promo items are covered under the First Sale Doctrine and its been affirmed in court in the case I mentioned.

Getting legal advice from eBay about sellers rights to post items for sale is akin to getting human rights advice from Stalin or Hitler, or getting monetary advise from Obama.

World's Longest Yard Sale 2: Finding Valuable Vinyl Records   World's Longest Yard Sale 2: Finding Valuable Vinyl Records

by: WorldRecord This user has validated their user name.

Fri Aug 10 17:35:16 2012

My sense is that ebay takes down the following: radio programs on vinyl (probably the same with CDs) and bootleg records (again, probably CDs as well). Promotional copies of LPs that were sold in stores (often these have white labels) do not get taken down on ebay.  

World's Longest Yard Sale 2: Finding Valuable Vinyl Records   World's Longest Yard Sale 2: Finding Valuable Vinyl Records

by: pace306 This user has validated their user name.

Sun Aug 12 00:06:27 2012

''My sense is that ebay takes down the following: radio programs on vinyl''  ... but why ??????????

As long as they are original - they are covered under the law - and specifically protected by 1) Firsat Sale Doctrine 2)UMG v. Augusto.

Rule #1: never trust eBay on DMCA/Copyright/Trademark issues

Rule #2: See Rule #1



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