Members can add a price value to any physical item. This can either be an auction/sale price, or their own opinion. The valuation page will show all the price values that have been added, and the average of them, converted to your local currency.
When you look at price value of an item, you can choose to use the average value, or look at the individual prices that have been added by members whose opinion you trust.
If you e.g. find a rare item for $1 then please don't add that as the value, add what you think is a current accurate valuation. Also don't add overpriced items you see in some stores; instead add the results of sold auctions which you consider to be representative, or add what you think is a correct current value.
We ask for the "year" when you add a valuation. The average is only calculated from the last 5 years of data, but it's useful to see older valuations to see how prices have changed.
IMAGE VALUATIONS
When you add a price value, you are valuing the "normal copy" of the item.
However the value of variations of the item might be much more (or less!). For instance demo records, alternative covers or mispressings.
In this case click the "Add Value To Image" link. You can then add a different price value to any image on the item.
I notice that the "Condition" only starts with Near Mint which implies 2nd Hand. Would it possible to get a "New" option added as there would be quite a few items that are brand new and sealed? Thanks
Thanks for raising this, we did think about this for a long time.
We want the valuations system to be as easy to use as possible, similar to the rest of the website. For rare items, a flawless MINT copy can command huge prices over normal VG/EX/M- copies. This means it's not possible to algorithmically calculate a price value from the added data. So we limited it to VG/EX/M-, which are the normal range of conditions you'd expect to see. If a flawless new MINT copy has a markedly different valuation to the M- copy then you can add that information as a valuation comment.
If you can't dig me, you can't dig nothin' Member since Nov 2013 2283 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.
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 there 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 peoples' faith in the value of there own things is misplaced.
Does the Discogs system have a better valuation structure because they also allow sales on site and can easily track what an item sells for and have sales figures from other sites such as Popsike and even eBay?.
"..all the cats, you know who they are.. " Member since Nov 2010 965 Points
Quad5point1 wrote:
Lee Wrecker wrote:
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 there 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 peoples' faith in the value of there own things is misplaced.
Does the Discogs system have a better valuation structure because they also allow sales on site and can easily track what an item sells for and have sales figures from other sites such as Popsike and even eBay?.
I think Lee Wrecker has put the point clearly about the subjective value of our cherished vinyl. After all the discussions on pricing, there is hopefully no disagreement here.
The point of Quad5point1 I believe is correct also. Discogs, whilst also relying on what folks are prepared to shell out, is also a better guide in GENERAL than ebay. What I wouldn't want to see however, is 45cat/worlds evolving into a sales site. For aficionados, having a site such as this, which is not sales driven, is refreshing.
Regarding multiple pricing, by averaging them does NOT justify any kind of true Value. Pick one, preferably the most recent. At least let an actual price paid represent it. Otherwise you're only guessing and it makes no sense to show it in the first place.
Maybe it is time to abandon the valuation section. It doesn't really add anything to the purpose of 45worlds and only seems to be an unnecessary distraction. Chalk it up to an experiment that didn't pay off.
Wales, where men are men and sheep are nervous Member since Jan 2011 15476 Points Moderator
Not sure we should ditch it yet - although I did see an L/P at a record fair going for £35 (Second hand), Valued at £25 (Mint) in Record Collector Price Guide. I saw it for sale in Cob Records in Portmadoc for under £20 (Second Hand) in January (£16 I think). I'not sure of the condition of the second hand items as I didn't really check. Perhaps we should persevere a bit longer. I'm not sure about valuations, but selling prices vary considerably on most items.
"..all the cats, you know who they are.. " Member since Nov 2010 965 Points
To be honest, I'm not too fussed about the supposed values. It was tried and didn't really work out; TheDroid is spot on: 'unnecessary distraction' captures it perfectly.
Turning rebellion into money since 1962 Member since Nov 2009 6570 Points Moderator
For everyone person voicing a view here that valuations must go I am sure that as many will say they should stay.
It's like many things on this site (45spaces; lists; tags; books world) that some view as "not of particular interest to me" therefore the stock answer should be just ignore them.
Regarding the valuations on this site, just like RC Price guide, Popsike and Discog "mean" values they are in effect only guides. I have in the past picked up many times £50+ RC valued records for less than a tenner being that during that particular week no-one was else was bidding on ebay.
On the other side of the coin I have sold the odd record for twice what the guides say it is worth.
At the end of the day if you want to sell that treasured record which someone has valued on here as £500 it is only worth what someone will pay for it on the day.
I personally don't like the way the rating system can be thrown by one member but "try" just to ignore it. The same should be applied to valuations feature, if not for you just ignore it.
I would concur with sladesounds on this issue. I have started to clear out the bulk of my collection on ebay and sold the RSD 2013 Pink Floyd's "See Emily Play" for £35 so I was able to add that price to the valuations section to give people an idea of what to expect if they sell theirs.
I used to have a good memory but now I can't re Member since May 2011 5113 Points Moderator
sladesounds wrote:
It's like many things on this site (45spaces; lists; tags; books world) that some view as "not of particular interest to me" therefore the stock answer should be just ignore them.
That's not quite true. It's not just that it doesn't interest me; it's that it risks to actively damage my ability to collect what interests me by paying a reasonable amount for any item. It risks also stagnating the market by causing sellers to believe that they MUST ask a certain amount of money for any item that has already achieved a certain amount through auction or sale. In short it risks to set in stone prices which are and always will have to be, flexible.
This problem has already been encountered by buyers and sellers alike as a result of the Record Collectors' Price Guide (which is now largely discredited), and whereas discogs provides a useful range of prices which adapt to circumstance, having a price on 45cat.com or 45worlds.com might give unreasonable expectations to sellers and stop buyers from otherwise making purchases.
"..all the cats, you know who they are.. " Member since Nov 2010 965 Points
Fokeman wrote:
sladesounds wrote:
It's like many things on this site (45spaces; lists; tags; books world) that some view as "not of particular interest to me" therefore the stock answer should be just ignore them.
That's not quite true. It's not just that it doesn't interest me; it's that it risks to actively damage my ability to collect what interests me by paying a reasonable amount for any item. It risks also stagnating the market by causing sellers to believe that they MUST ask a certain amount of money for any item that has already achieved a certain amount through auction or sale. In short it risks to set in stone prices which are and always will have to be, flexible.
This problem has already been encountered by buyers and sellers alike as a result of the Record Collectors' Price Guide (which is now largely discredited), and whereas discogs provides a useful range of prices which adapt to circumstance, having a price on 45cat.com or 45worlds.com might give unreasonable expectations to sellers and stop buyers from otherwise making purchases.
Yeah, as much as I enjoyed Record Collector, I remember loaning that first A5 very slim price guide to my local indie, when starting the second hand section (80s). It was so hard to make them accept the 'guide' bit; Jan & Dean Meet Batman on Liberty was never going to go for the stated price! Big differences between Vinyl Experience in Hanway Street and a little indie on the outskirts of Bournemouth.
All change with this internet lark, I know....