Are Old Vinyl Records Valuable

Thinking of playing those old records.

Are old vinyl records valuable.

Many of the people we ve spoken to about records over the years have the impression that old records must be worth more than new ones. Brought back from the verge of extinction vinyl record sales are booming due to a renewed interest among younger generations. While the age can have an effect on a vinyl record s value it s one of the less important factors. Amidst the burgeoning vinyl boom nobleoak an australian life insurance company worked with ian shirley the editor of record collector magazine s rare record price guide to determine the 50.

Are old records valuable. And so we ve compiled a list of 28 fascinating famously expensive old records that are worth a combined 1 9 million and would make the crew from high fidelity drool. It s valued at 50 000. You might want to think again.

Next time you go crate diggin keep a keen eye out for any of these records. It s a 78 rpm record and is rare because it was one of the first records recorded electronically with microphones amplified by vacuum tubes and then cut to vinyl. As a general rule the rarer the record more valuable it is you may have some treasure buried in your garage.