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Topic: NEW: Price Valuations

23rd Feb 2020, 9:32 PM
	Lee Wrecker If you can't dig me, you can't dig nothin' Member since Nov 2013 2271 Points	No comments on this thread for 18 days and still it's pinned to the top of the forum list. Is there a reason? Anyway, while I'm here I'll comment on the valuations addition to the site and state or re-state as it has been said before that the value of music in any format is subjective and dependent on how much someone is prepared to pay and what some else is willing to accept as a price. The net reinforces this view with a variety of sites listing the same article at wildly variable prices. Usually, Amazon and Ebay have ridiculously high valuations as the listings are posted by individuals that are in general uninformed and have unrealistic high expectations. Discogs is a better guide as it is a current real time marketplace and items can be assessed across a variety of sellers. Still it's not perfect and as a young person in the Brisbane punk scene that knew a lot of bands in the late 70's I have a lot of independent singles from the the time. Discogs lists many of these around the $2 000 to $5 000 mark. Well, they're certainly not worth that in this country and round my neck of the woods you'd be lucky to get $10 for some of these items. Another thing I've noticed is that when people value their own things they tend to value them highly or even transpose the value of an original or rare release to a very commonly available re-issue.The point is value like money does not exist without faith and a lot of the time people's faith in the value of their own things is misplaced. Edited by moderator on 25th Feb 2020, 5:42 AM