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How is valuation determined? As a collector, this means nothing to me.   


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  15th Feb 2021, 12:35 PM#1  REPORT  
Roland Lavallee

Member since Feb 2021
248 Points
I'm just curious how valuation is considered valid simply by auctions or what the last price paid on individual sale.

I have a large collection of LPs and 45s and have always used the Goldmine book.

Are there now or will there be standards for valuations on 45worlds?


  15th Feb 2021, 12:58 PM#2  REPORT  
Orbiting Cat

Member since Jan 2008
1181 Points
Administrator
We're trying a different approach to valuations. Rather than just showing completed sales prices, we're trying a combination of community-contributed opinions and sales data. You can look at the average value, or click and see the list of individual opinions.


  16th Feb 2021, 10:06 PM#3  REPORT  
Pridesale

Member since Mar 2013
805 Points
Im still not quite certain about the uplift / downshift of values across condition ranges when only one value is added for a declared condition. I suppose more values will balance things out. It gives one an indication as to what to expect to pay out to acquire certain items, (and know if you have a bargain if you get it cheaper (


  17th Feb 2021, 11:35 AM#4  REPORT  
carryonsidney ●

a happy disposition is an omnious sign....
Member since Feb 2010
1707 Points
Moderator
Pridesale its done here as Mint= 100%, EX=50%. VG=25%, G= 25% P=10%

Record Collector Mag is
Mint=100% EX=80% VG=50% G=30% F =15% P=8% Bad= 2.5%

I havent looked at a goldmine for years as its not really relevent to the UK but I seem to remember they have more subdivisions than RC ?

Personally what I see of friends trading rare RnB / Soul / ska records values between M + Ex are closer together more like the RC guide actually thinking about it values for very in demand Ska/ reggae and soul ignore the condition except in really bad shape!

Pridesale wrote:
Im still not quite certain about the uplift / downshift of values across condition ranges when only one value is added for a declared condition. I suppose more values will balance things out. It gives one an indication as to what to expect to pay out to acquire certain items, (and know if you have a bargain if you get it cheaper (



  19th Feb 2021, 1:03 PM#5  REPORT  
Roland Lavallee

Member since Feb 2021
248 Points
Orbiting Cat wrote:
We're trying a different approach to valuations. Rather than just showing completed sales prices, we're trying a combination of community-contributed opinions and sales data. You can look at the average value, or click and see the list of individual opinions.

As a collector, valuation is just an interesting footnote as I value the sheer pleasure of ownership.

Thank you for a reply with explanation that the valuation investigation is an ongoing process.


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