Record Story Day is Saturday, April 22. On the scene for 11 years now, the annual event is aimed at promoting local, organically-owned record stores.
Record stores across the U.S. will be releasing exclusive vinyl - some represses, some new albums. The new records issued on Record Store Day will run from as low as $10 or $15, all the way up into the hundreds for the really limited pressings.
Record Store Day can get expensive really quick, especially when you see all those new Third Man releases. So here's a pro tip from an experienced crate digger: set a limit on your spending. Only walk into the store with a certain amount of cash.
...But In the event of total loss of will power and ultimate spending of more than allotted, justify the purchases with this consideration: vinyl is arguably at one of its most collectible times right now. That rare, only-500-printed release might just be your next new investment.
Some may scoff at an investment idea like that, but consider the collectors who own some of the planet's most expensive vinyls.
- Sex Pistols - God Save The Queen - released in 1977, the album is valued at around $10,578 even without a sleeve.
- The Beatles - Please Please Me - $8,323.
- The Beatles - Introducing... The Beatles - $7,573.
- Gioconda De Vito / Rafael Kubelik - Bach / Mozart: Violin Concertos - $6,149.
- Paul McCartney - Ram - $5,049.
- Don Drummond - Bellevue/No More - $4,686.
- Shide and Acorn - Under The Tree - $4,060.
- David Bowie - Station To Station - $3,996.
- Dr. Z - Three Parts To My Soul - $3,936.
- Bjarne Rostvold Trio - Jazz Journey - $3,772.
- Ernest Ansermet - The Royal Ballet - Gala Performances - $3,689.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.