>what exactly has a collecter done to deserve the $$$ they charge 
for "rare" records? 

you got it backwards. collectors are who buy the records, and thus who set the 
price -- auctions are great for this reason! a record is worth as much as 
somebody will pay for it. literally. that is the market value. if you are 
buying something flat-out with a pricetag on it, its worth it to you, that's 
the value, you cant complain. if its not worth it to you, dont buy it. you just 
dont want it bad enough, tough luck!

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