Reading all these comments looks like the replay of a lot of collector's panics over the years. I saw it with coins, back in the sixties, with a friend who was into them, and I probably know of other similar situations as well. The price level spirals up to the point that the only exchanges are from dealer to dealer. Dealers begin to get tired of getting the same item over and over, and somewhere, somebody stops buying. It is then, that the tower tumbles, and a lot of nspeculators lose a bundle on now-lowered value stuff.
One thing that comes to mind right now, is the hunger for radios with catalin cabinets. They've gone thousands of bucks for some models. As far as radios go, the chassis in them are 99.9999% cheap, and dinky. It's the pretty plastic cases that are the real issue. It isn't radio collectors that want them. It's those who want the pret-ty colorful cabinets, and of course, the capital gains that result from the exchange of them. On the surface, at least, there has never been any short supply of them. There are dealers in the big rado meets, who have 20 or 30 of them on their table. It's amusing that lots of sellers on the 'bay call a bakelite radio cabinet Catalin. I'm sure that many a buyer has been badly jostled by one of those shysters, but the buyer should research, and know what he / she is buying. Anyway, it's now beginning th look like the base in the catalin game is crumbling. There are signs that prices are possibly on the way down, and I'd be delighted to see it happen. The cabinets are pretty; the radios are garbage. One of the things that killed Vogue records in the first place was that they never had a hit. I also recall that they were priced at $1.05, while the major labels sold for $.75 I bought a couple of them, new back then, not for what was on them, but because they were pretty. Someone has already said that Vogue discs are desirable, not so much for their programmatic content, but their cuteness. Today, wise people are pulling in their horns, and hanging on to their mazuma. We are already in an economic slump, and it promises to get slumpier. I can imagine other scenarios like this in the days ahead. > [Original Message] > From: Mike Stitt <smstitt at gmail.com> > To: Antique Phonograph List <phono-l at oldcrank.org> > Date: 8/13/2008 2:13:30 PM > Subject: Re: [Phono-L] Vogue Picture Records values > > Vogues went high after Ed Curry's book. Before the book they were > cheap. I even found them at Goodwill. > The market is very soft across the board. High prices bring more to > market. eBay helped to do that. Collectors get all they need. I > suggest Vogues in the market exceeded interested or new collectors > entering into that market. Most casual collectors are content to have > a few as they define a genre. Few want a complete number run > (production run) at a $100 a pop. IMHO. The Queen for a Day a few > years back went for "stupid money." > I have many Vogues and have little interest in them at those prices. > Mike > > On Wed, Aug 13, 2008 at 10:37 AM, Albert <cenfin at comcast.net> wrote: > > for sure, I got bit by the bug and bought up as many as I could trying to > > complete the collection and I almost did, but have probably lost about half > > of my investment. I am missing the Transformer and Queen for a Day. I have > > to assume those are still worth a lot. Al > > ----- Original Message ----- > > From: <wilenzick at bellsouth.net> > > To: "Antique Phonograph List" <phono-l at oldcrank.org> > > Sent: Wednesday, August 13, 2008 10:20 AM > > Subject: Re: [Phono-L] Vogue Picture Records values > > > > > >> Thanks for your interesting comment on the Vogues. I agree with you on > >> the > >> reason for the drop in value of the Wurlitzer 1015, but I am not so sure > >> the > >> same argument applies to the Vogues. The 1015's were bought and sold as > >> entertainment devices, and the bars, etc. that bought them for 45s and CDs > >> could care less if they were original or reproduction machines. On the > >> other hand, vogues were generally not bought for their music content, but > >> rather as vintage collectibles. Prior to eBay, collectors considered them > >> to be "scarce" items, and most record collectors, I would think, would > >> have > >> little interest in the reproductions. Once eBay demonstrated to the hobby > >> that they were rather plentiful, the prices started to drop to the current > >> low values. I don't know how well the reproduction Vogues are doing these > >> days, but I don't see them advertised very much (although I don't look for > >> them). Whatever the reason for the price decline, Vogues don't look like > >> good investments these days :) > >> > >> Ray > >> > >> ----- Original Message ----- > >> From: "Albert" <cenfin at comcast.net> > >> To: "Antique Phonograph List" <phono-l at oldcrank.org> > >> Sent: Wednesday, August 13, 2008 12:01 PM > >> Subject: Re: [Phono-L] Vogue Picture Records values > >> > >> > >>> Ray, I think Ebay actually raised the value of vogues and there was a lot > >>> of > >>> activity for a long time on ebay. Many hit the market and it was not > >>> unusual > >>> to see them go for more than $100. But the prices started dropping > >>> quickly > >>> when a lot of reproduction Vogues hit the market. The repros looked > >>> pretty > >>> good and they were copies of some of the more desireable numbers. I > >>> compare > >>> that to the Wurlitzer 1015 where originals used to sell for $12,000. > >>> With > >>> the huge number of reproduction 1015s that played 45's and CD;s the value > >>> of > >>> originals dropped to $5000 to 6000. I may be wrong but I dont think it > >>> was > >>> Ebay so much as the proliferation of reproductions. Al Menashe > >>> ----- Original Message ----- > >>> From: <wilenzick at bellsouth.net> > >>> To: <phonolist at yahoogroups.com>; <Phono-L at oldcrank.org> > >>> Sent: Tuesday, August 12, 2008 4:55 PM > >>> Subject: [Phono-L] Vogue Picture Records values > >>> > >>> > >>>> Around 10 to 15 years ago, most Vogues (except the rare 8 or 9 ones) > >>>> sold > >>>> in the neighborhood of $100 or so. With the advent of eBay, their value > >>>> has dropped significantly. It seems that most go for $20-$30 or less > >>>> these days. Value guides were available at one time, but now are > >>>> worthless. Are there any Vogue collectors on the list that would have a > >>>> spreadsheet or other information on current values of these picture > >>>> records? Is there a factor, such as 1/4 or 1/3 that could be applied to > >>>> the old values that would approximate the current value? Thanks for any > >>>> information.. > >>>> > >>>> Ray Wilenzick > >>>> _______________________________________________ > >>>> Phono-L mailing list > >>>> http://phono-l.oldcrank.org > >>>> > >>>> > >>>> -- > >>>> Internal Virus Database is out-of-date. > >>>> Checked by AVG Free Edition. > >>>> Version: 7.5.476 / Virus Database: 269.11.19/955 - Release Date: > >>>> 8/15/2007 > >>>> 4:55 PM > >>>> > >>> > >>> _______________________________________________ > >>> Phono-L mailing list > >>> http://phono-l.oldcrank.org > >>> > >> > >> > >> _______________________________________________ > >> Phono-L mailing list > >> http://phono-l.oldcrank.org > > > > _______________________________________________ > > Phono-L mailing list > > http://phono-l.oldcrank.org > > > _______________________________________________ > Phono-L mailing list > http://phono-l.oldcrank.org
