No picture 'cos I'm not into 45rpm :( Member since Jan 2013 3425 Points Moderator
In the mid 1960s a normal full price LP cost 32/6d (~£1.62) e.g Rolling Stones 1st, with 7" singles at 6/8d (~£0.33). Golden Guineas started about 7 years before this, and were followed by more even cheaper LPs. 12/6 seems about right.
They may have changed over time, of course. The label was active for three or four years.
I don't know the answer, but one of their direct rivals in the budget LP field was mfp - Music For Pleasure - and they helpfully incorporated the retail price into their artwork. They range from 12/6 to 14/6, with the same LP sometimes having more than one price.
So far as the Hallmark Top of the Pops LPs go, they tended to range from 13/11 to 14/6 in the late-1960s, and 77p after decimalisation.
Caddacack oh da ca-caddacack, shy shy skagellack Member since Jun 2010 4156 Points
TopPopper wrote:
They may have changed over time, of course. The label was active for three or four years.
I don't know the answer, but one of their direct rivals in the budget LP field was mfp - Music For Pleasure - and they helpfully incorporated the retail price into their artwork. They range from 12/6 to 14/6, with the same LP sometimes having more than one price.
So far as the Hallmark Top of the Pops LPs go, they tended to range from 13/11 to 14/6 in the late-1960s, and 77p after decimalisation.
It may just be my perception but, as GG was essentially a budget arm of Pye, they had access to more original material than, say, Hallmark. Although MFP was a subsidiary of EMI, they seemed to shy away from that...
mfp was not in origin, nor for quite a while, a subsidiary of emi/hmv/etc:
it was set up by paul hamlyn, he of hamlyn cookery books, hamlyn colour paperback guides, etc. and obtained uk rights to recordings from pretty much every- & anywhere it could, including a large range of cheap merkin classical & light orchestral recordings. only some, very limited access to recordings from emi's vaults was initially afforded - materiel in which emi's own label managers had ceased to have an interest.
iirc it was 50% owned by, and controlled by, paul hamlyn, later the hamlyn group, and 50% owned by, and partly distributed by emi/the gramophone (record) company/hmv ltd. - but mfp (including cfp) ran its own warehousing, distribution and accounts centre.
emi quite a lot later bought out the 50% they did not initially own.
I think technically accounting for 50% is a subsidary. though not a wholly-owned subsidary - and not as we colloqually use subsidary label in conversation here. With MFP licensing from a number of sources- and creating its own cover versions too and I think commissioning its own orchestral and light pops from EMI and other contracted artists sometimes under fake names but I always got the idea within the record shops and chain store outlets it was EMI taking the promotion lead and presumably it had more clout to the public and the retailer not exactly hiding the relationship with EMI.
There were actually three recognised price points in the late-1960s.
Albums priced less than regular albums, but sold at more than 15 shillings were considered 'budget albums' for the purposes of the budget album chart (yes, such a thing did exist). Anything below 15 shillings was disregarded, and ineligible for any chart.
Really, the albums from 15 shillings up to regular should have been called mid-price albums, because a genuine budget album chart was introduced by Record Retailer in 1970, which included all the cheapos previously excluded.
So, regular - mid-price - budget is a more realistic take on things.
In the case of Pye, I guess you would have Pye as the regular price, Golden Hour as the mid-price, and Marble Arch as the budget label.