Are you a huge music fan looking to start a valuable collection of vinyl records, CDs, and memorabilia? There are a few things you should know.
Our music listening habits have changed drastically in the last 10 or 20 years. Things have gone digital and they’re showing no signs of going back, so all of our physical music collectibles are going to become increasingly rare. If you’ve got some prized items that you’d like to build a collection with, you could have a nest egg on your hands.
In this post, we’re going to tell you how to start a valuable music collection. Read on and you’ll start to feel good about hanging on to your musical past.
Start With What You Love
Presumably, you’ve already got the building blocks of a great music collection, complete with your favorite vinyl records, rare CDs, and collector’s items. If you’re going to be passionate about this endeavor for years to come, then you need to collect the items that are going to bring you the most joy. Yes, you want to build value, but if you’re not selling anytime soon, then you want to enjoy your collection too.
There are rarities in every musical genre, so you shouldn’t have trouble finding pieces for your collection, regardless of the type of music you love. Look at lists of some of the most sought-after records and CDs and start with your favorites, then build out from there.
Vinyl Rules All
Of course, vinyl is still the king when it comes to physical music. It went out of style in the mid-to-late 80s, when 8-tracks and cassettes came out, then they were all but extinct in the CD era. In the early oughts, however, vinyl stormed back to the point that many new artists once again print vinyl alongside their digital releases.
There are some extremely rare records out there that you could beef up your collection with. A copy of Double Fantasy by John Lennon and Yoko Ono that was signed just before John was shot fetched $150,000, while an Aphex Twin test pressing went for $46,000. You don’t have to shell out thousands of dollars for a single item, but every good collection has its pièce de résistance.
CDs and Memorabilia
CDs can still hold weight, but as a much-maligned format, it’s rare to find any that’ll add any significant value to your collection. One example is the Slim Shady EP, by Eminem, of which only 500 were printed – if you find one, it’ll be worth over $10,000.
Aside from vinyl, memorabilia is your best bet when it comes to adding worth to your collection. The great thing about memorabilia si that pretty much any little knick-knack that somehow relates to an artist could be considered valuable memorabilia. If you want to do a serious shopping spree on signed memorabilia, view these products.
Have Fun With Your Music Collectibles
People can get obsessed with the value of their music collectibles, but the most important thing is that you’re having fun with them. If you’re looking for things that are nostalgic and near to your heart, then every find is going to bring you joy. When they accrue value over time, that’s a great bonus.
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