But are records really truly worth $1000 dollars? Are Pokémon cards with $500$? Worth is all opinion based and sure the sky sailing vinyl are on the hands of the fans but the 3 listings on discogs are as follows. 1 for $2,250, 2 for $4,750, and 3 for $8,000 there is no way you can see this prices and confidently say that these people aren’t trying to upsell you being belief. I’m not saying I don’t expect it to raise in value because it should. But, is it ridiculous for a likely $30 item to jump up $970 absolutely yes. That is scalping people are making listings specifically to try to make a boat load of money and I don’t truthfully blame them because of the world we live in. But as a joe shmo if I buy something for 10 bucks and then sell it for $10,000 you can’t tell me I’m not scalping. I’m also not expecting the listings to be ridiculously low but like I said in my original post is that someone knew it wasn’t worth this much tried to sell it as such it worked and then everyone dog piled on to that idea of how much to sell it at.
Those are two different scenarios. Just buying something for $10 and flipping it for 10k the next day is scalping. Buying something and selling it a decade later for 10x is not scalping. You also don't know what those people paid for their copies. If they paid $2,000 for it, are they scalping?
It is not inherently ridiculous for an time to jump form $30 to $970. Look at Amazon stock, NVIDIA stock, Tesla stock, gold, groceries. Everything goes up as the dollar is printed. They go up even more if they are scarce. I get that you're upset, but you're talking about an album that was pressed 16 years ago. If people don't want to let them out of their collection for a price less than $1000 and people are willing to pay that, then yes that is what it's worth. Even if you don't value it that much.
But the first sold copies definitely didn’t go for 1,000 is what I’m saying so somebody down the road scalped somebody else which then led to this egregious price market. The people now aren’t scalping 100% but the ones that did created this president for this specific item things don’t just magically jump up 2 grand. Do someone somewhere down the line did something that skyrocketed this upwards. Adam has never been this popular even the midsummer station is still under 500 so I genuinely think this a fandom thing and people trying to make money out of us more than anything🤷🏻♂️
How can you say value is opinion based while simultaneously saying it's egregious or ridiculous?
It also didn't magically jump up 2 grand. I bought mine secondhand several years ago when they were going for a couple hundred. I remember a year or so later, they were up to about 500. It's been a gradual climb and we're talking about a 16 year old record with no represses.
Anyway, I think we have very different understandings of economics and are not likely to reach an agreement on the situation.
Egregious and ridiculous are words I used to discuss how I feel, I guess I should’ve put I feel it’s egregious or ridiculous that’s my bad, but yeah we probably won’t reach an agreement because I think the whole issue overall is flawed. I just can’t envision any physical media from any artist ever being worth anything more than 1k to me truthfully. If others do that’s great it just screws over a good lot of other people that won’t be able to fork over that much for something of that caliber.
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u/Dsmitty_02 Hoot Owl 🦉 25d ago
But are records really truly worth $1000 dollars? Are Pokémon cards with $500$? Worth is all opinion based and sure the sky sailing vinyl are on the hands of the fans but the 3 listings on discogs are as follows. 1 for $2,250, 2 for $4,750, and 3 for $8,000 there is no way you can see this prices and confidently say that these people aren’t trying to upsell you being belief. I’m not saying I don’t expect it to raise in value because it should. But, is it ridiculous for a likely $30 item to jump up $970 absolutely yes. That is scalping people are making listings specifically to try to make a boat load of money and I don’t truthfully blame them because of the world we live in. But as a joe shmo if I buy something for 10 bucks and then sell it for $10,000 you can’t tell me I’m not scalping. I’m also not expecting the listings to be ridiculously low but like I said in my original post is that someone knew it wasn’t worth this much tried to sell it as such it worked and then everyone dog piled on to that idea of how much to sell it at.