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Record shops using Discogs as a valuation tool..


Echolalia

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Interested to hear what other people think about when they go into a record shop and if there is no price on the item, the person in the shop says "Give me a sec" then proceeds to check Discogs right in front of you then sells you the record to you at the lowest available price. It happened to me in Ipswich at a specialist dance place. I found a Psychic TV record without a price on it, the person working there let me have it for the price on Discogs. The thing is I probably would have paid more than asked but it ruined the mystery of the record with unbeknownst value. I spoke to him and he said that no record shop could survive without using all avenues, the entire shops stock is on Discogs as well for sale in the shop.

 

One person working there tried to sell me a Colin Dale compilation for £30 saying he could get £50 for it on Discogs. Great but the market there is slightly different from a record shop. Discogs may have inflated the price of second hand vinyl for most of us I feel as it becomes more commonplace as a valuation tool.

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Actually everyone does this nowadays. Charity shops are super overpriced because they know what they cost online. Good for them, bad for bargains.

 

Yeah that's interesting, it's happened with cassettes too now they are novelty, at least in some thrift stores. There's a chain called Half-Priced Books in the US and in Austin I've seen tapes of all sorts priced at 0.25-0.50 USD at one store and then $1+ at others in trendier neighborhoods.

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i sold my entire record collection based on discogs prices a few years ago to a record shop. it worked out for me. i used the discogs collection estimator.

 

the only things i held back on were a full analord set (minus binder) and some burial first pressings. i charged separately for them because i'd be insane not to.

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saw podcast recently where they talked about this but more in relation to videogames being sold locally using ebay prices, and they argued against it because when you sell something online you are putting it up for sale directly for someone who is specifically search for it, and you are more flexible in being able to charge what you want. when selling something locally or at a shop or whatever, you have to be more realistic about selling it for what it could be sold at to customers coming in and browsing. completely different and bloody weird that shops will use internet to gauge prices and inflate the market based on 'make believe' online market.

 

there's this comic book by theo ellsworth called sleeper car..

amazon listings ... http://www.amazon.com/Sleeper-Car-Theo-Ellsworth/dp/0979960967

10 Used from $104.60

7 New from $127.50

1 Collectible from $105.00

 

i thought those prices were crazy so i contacted both the author himself + the distributor via email. theo guy replied saying he had none left, distributor had a couple and i managed to buy a copy for ~$5. morale of the story?? online listing prices are made up entirely because people can charge what they want and its for a market where people can access the internet from anywhere in the world and the person looking for the particular item will find it. using that as reference for realistic gauging of the market is nonsense...

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If an item for sale in a retail shop has no price listed on it, then keep stepping.

 

seriously.

 

ive shopped from discogs plenty but theres no denying that the online market is made up of a. opportunist sellers selling things for made up prices directly to people who are willing to pay whatever it costs to get the item. and b. the one single person on the entire planet who is searching online for the particular item and willing to buy it for the inflated price.

discogs prices have no grounds in reality and certainly have no place in IRL record stores..

 

if people running record stores want their market to survive they need to steer well and truly clear of the prices discogs are suggesting or else they're essentially rendering their market meaningless and will in time damage their market even further and send more people away in favour of shopping online.

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Actually everyone does this nowadays. Charity shops are super overpriced because they know what they cost online. Good for them, bad for bargains.

 

Yeah, the charity shop thing is what immediately came to mind when I read the thread title.

You can still find some charity shops that don't bother though, not that I'm gonna tell you which :emotawesomepm9:

 

 

Actually everyone does this nowadays. Charity shops are super overpriced because they know what they cost online. Good for them, bad for bargains.

 

Yeah that's interesting, it's happened with cassettes too now they are novelty, at least in some thrift stores. There's a chain called Half-Priced Books in the US and in Austin I've seen tapes of all sorts priced at 0.25-0.50 USD at one store and then $1+ at others in trendier neighborhoods.

 

 

Funniest thing I saw concerning this was in Record & Tape exchange in Soho (rip).

Their counter was also a glass case with shelves containing fancy items/boxsets etc. At one point on on of the shelves someone had made a little display of cassettes with a hand written sign saying "apparently cassettes are making a comeback! (they're not)"

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Actually everyone does this nowadays. Charity shops are super overpriced because they know what they cost online. Good for them, bad for bargains.

 

 

charity shops tend to have a remit to maximise the return on the donations, and often have special relationships with local dealers and staff that have a certain amount of specialist knowledge. i've know of one or two shops clearly using eBay to value antiques for many many years - a big problem comes from the individual perspective on assessing condition and the price that relates to it, and shops then go for the high end of the recent sale values and a collector selling on eBay is very different to a domestic owner dumping what they've not have the highest regard for (so often not in the best shape, but also maybe unused), but of course there are many potential pitfalls for both ends. some shops also intentionally don't push hard on valuations of donations, and they prefer to see customers come back for the bargains - you can't spot everything, i suppose, so it's great to see some shops give back and help those with little to spend in that way.

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Full disclaimer: I work in a "charity shop" (though we (I) also buy material every day).

 

I don't honestly see the problem with using every tool at your disposal to appraise material. I buy and sell antiques and new material, dating from around 1880 all the way to things manufactured this month. I use online resources -- as well as my own sales history -- to gauge current market values for a huge variety of stuff. My question to those of you against this practice is: would you prefer to find overpriced material in charity shops? Or do you recognize that there is an actual, established value for nearly every second hand item out there?

 

All that said, I price things lower than people price them online, unless I know I have a better market for something than say, an etsy post does. Like I said, I buy all sorts of things as well, so knowing established and realistic market values is crucial to my job. I can't buy something fairly if I plan to sell it dirt cheap - it has a value.

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Full disclaimer: I work in a "charity shop" (though we (I) also buy material every day).

 

I don't honestly see the problem with using every tool at your disposal to appraise material. I buy and sell antiques and new material, dating from around 1880 all the way to things manufactured this month. I use online resources -- as well as my own sales history -- to gauge current market values for a huge variety of stuff. My question to those of you against this practice is: would you prefer to find overpriced material in charity shops? Or do you recognize that there is an actual, established value for nearly every second hand item out there?

 

All that said, I price things lower than people price them online, unless I know I have a better market for something than say, an etsy post does. Like I said, I buy all sorts of things as well, so knowing established and realistic market values is crucial to my job. I can't buy something fairly if I plan to sell it dirt cheap - it has a value.

 

i've worked in a charity shop in the past. i applied my experience with buying antiques, as well as watching TV and so on ... i would say that i do regularly see overpriced items in charity shops - my local oxfam uses the internet connection in the library across the road to check values in that manner, has done for many years, and the mismatch in conditions portrayed in photos versus seen in actual donations means there's a mismatch in the price also. as i've already said, such shops have a remit to get the best price, but they're potentially playing a part in pushing up perceived values due to mismatches like this. yes, there's established values for anything made, particularly in any noticeable quantity, but many of these things had to be cherished and born of the knowledge that required dedication rather than google in the years pre-internet. eBay essentially not just reflects values, but, as you can detail something and let it find a large audience and allow them to choose what they're willing to pay, you will also see values created as a result. many dealers once rued the internet for destroying businesses like small antique shops because it demystified and broadened availability as well as shifting prices, but many saw it as an opportunity to turn what perhaps once drew no attention as trash suddenly becoming someone else's treasure.

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if people running record stores want their market to survive they need to steer well and truly clear of the prices discogs are suggesting or else they're essentially rendering their market meaningless and will in time damage their market even further and send more people away in favour of shopping online.

 

 

yes, precisely this. It seems like a panicky method of competing with online shops.

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Full disclaimer: I work in a "charity shop" (though we (I) also buy material every day).

 

I don't honestly see the problem with using every tool at your disposal to appraise material. I buy and sell antiques and new material, dating from around 1880 all the way to things manufactured this month. I use online resources -- as well as my own sales history -- to gauge current market values for a huge variety of stuff. My question to those of you against this practice is: would you prefer to find overpriced material in charity shops? Or do you recognize that there is an actual, established value for nearly every second hand item out there?

 

All that said, I price things lower than people price them online, unless I know I have a better market for something than say, an etsy post does. Like I said, I buy all sorts of things as well, so knowing established and realistic market values is crucial to my job. I can't buy something fairly if I plan to sell it dirt cheap - it has a value.

i've worked in a charity shop in the past. i applied my experience with buying antiques, as well as watching TV and so on ... i would say that i do regularly see overpriced items in charity shops - my local oxfam uses the internet connection in the library across the road to check values in that manner, has done for many years, and the mismatch in conditions portrayed in photos versus seen in actual donations means there's a mismatch in the price also. as i've already said, such shops have a remit to get the best price, but they're potentially playing a part in pushing up perceived values due to mismatches like this. yes, there's established values for anything made, particularly in any noticeable quantity, but many of these things had to be cherished and born of the knowledge that required dedication rather than google in the years pre-internet. eBay essentially not just reflects values, but, as you can detail something and let it find a large audience and allow them to choose what they're willing to pay, you will also see values created as a result. many dealers once rued the internet for destroying businesses like small antique shops because it demystified and broadened availability as well as shifting prices, but many saw it as an opportunity to turn what perhaps once drew no attention as trash suddenly becoming someone else's treasure.

Yeah, good points. I try to be very mindful of condition when pricing ...as an example someone wanted to sell me a Roos cedar hope chest yesterday, and they wanted $150, noting that they sold on eBay for $500+. I pointed out that his needed refinishing, and that at most I would pay him $40, planning to sell it much cheaper than online list prices. He scoffed and walked away. So it goes both ways: my shop will sometimes mistakenly overprice material wrt its condition, and sometimes our suppliers do the same.

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I remember there was a shop in Exeter that didn't even look at sold listings ebay... They'd look at currently active buy-it-nows and quote the same as the most audacious fucking ebay chancer they could find. Can't remember if it was a charity shop or cash converter shop tho

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