buying many crates out a storage unit question
tripledouble
7,636 Posts
price is already fixed. roughly $1.50 a record, but i gotta take it all
my question...if you were dropping several grand, would you pull everything out and take stock of everything or decide based on an initial cross section of 10-15%? there were definitely some nice titles but my mental calculations has it hovering conservatively around the break even point + lots of dollarbincommon. condition seemed fine but may vary
my question...if you were dropping several grand, would you pull everything out and take stock of everything or decide based on an initial cross section of 10-15%? there were definitely some nice titles but my mental calculations has it hovering conservatively around the break even point + lots of dollarbincommon. condition seemed fine but may vary
Comments
has the unit been hit up before? is it a collection or a random accumulation? what was the best record you came accross there so far?
I would look through as much as you possibly can, but it seems like you already checked it out quickly. My whole thing with buying collections is to make sure the few $$$ records in the collection pay for the initial cost, if not more. Dealing with the chud ($15 and below records let's say for the sake of argument) & middle range things should not factor into you making your money back in the deal at all. That's just bonus.
hasnt been hit up. somewhat both collection and random accumulation.
best things i saw were far from red hot, but pretty cool:
reggae crate i looked through was probably the most exciting.
1.50 a record is nothing nice if youve got 1000s of records in the mix and no clear avenue to get that money back quick.
I mean, I look at collections all the days that I wouldn't take for 1.50 each.
how do i tell if the studio ones are og? blurry pics? thinner card stock?
thanks for the thoughts good people
b/w
label art design
coxsone used old covers for late 80's pressings, so judging a book by it's cover ....
Since when is a $15 record CHUD?
If you are looking to break even on a collection like this where you are investing $1,500 - $3,000, records that take excessive time and energy to milk profits from = CHUD in this case most definitely.
My favorite too. That "Got to be cool" dub section kills me every time
As far as crates full of disco you haven't looked at yet... well, maybe there's some business in there.
But ultimately if it were me (and it often is) I would just make sure I had a plan. What's getting wholesaled, what's going on discogs or ebay, what's going to the personal collection (and does that make it harder to make your money back?), what can be dealt quickly, and hope it all adds up.
Personal anecdote: I recently looked at a 7000 piece collection that I could've gotten for about half what you're talking about, and I still passed. When the most valuable record is perhaps $50-60, and there's only a handful of those, and several thousand records only worth $1-3, and then some nice $15 meat-n-potatoes stock mixed in, think about how you're going to double or (ideally) triple your investment. If I were to put down $4k on something like that - less than $1/each - how am I realistically going to pull 12 racks out in any reasonable amount of time? And I have a retail store. So I'd think carefully about the big number, because sometimes people get caught up in the $/ea math and don't see the forest for the trees.
that's a nice score if they're clean. I just picked up a really crisp (like, fresh out the box-feeling) 1200 with a beautiful Marantz model 140
that was way better than any record I looked at in the same storage unit
Solid $10-$20 titles are the most hassle free records to sell in the world. Slap a tag on it and put it in front of someone. I'll buy the shit out of that stuff all day long. It beats some fucking $100 record that only sells on the internet to insecure dudes that need clips of 8 songs, and their hands held, and for you to tell them that they're beautiful. THAT is excessive time and energy as far as I'm concerned.
this^
+1
For the record I totally agree with you, Crinkles, but I'd personally rather be able to quickly take care of a collection by selling the better stuff on eBay and getting my money back within a couple weeks or so. Since I don't have a store or have access to a record swap every weekend I would prefer this approach for sure. I think most of the folks on here that have full time jobs other than gripping / flipping would agree.
my time and capabilities dont have me setting up at shows or mailing 200 $10 joints at the post office.
but i do agree with you crinky
i'ma spend an hour or two at the storage unit next week and see whats up
honored by thine info, soulstruts
Good luck!