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I agree. Especially because you need space to house it. DrG On 8/18/10 10:59 AM, Cary Ginell wrote: > Without having seen the entire collection and going on what similar "pawed-through stock" has gone for, I'd be surprised if anyone gave as much as $50,000 for it. I may be off-base, but in this economy, it wouldn't surprise me in the slightest if no offers at all are received. > > Cary Ginell > >> Date: Wed, 18 Aug 2010 20:41:34 +0200 >> From: [log in to unmask] >> Subject: Re: [ARSCLIST] music man murray record collection& Murray Gershenz, music collector extraordinaire, is parting with his entire music library. >> To: [log in to unmask] >> >> >> In the TV run they said his collection is worth 3-4 million. How much >> do you think it is actually worth? >> Shai >> >> On 8/18/2010 5:51 PM, Tom Fine wrote: >>> The big issue with huge "collections" of mostly used records owned by >>> these long-time stores is that 90+% of the gross weight is either >>> worthless or near-worthless. The smart few of these guys put that 90% >>> of gross weight at the curb and let the accumulators vaccuum it all >>> up. Then they carefully sell off the valuable 10%, either to long-time >>> collector/customers or via a wider marketplace like eBay. If a person >>> owns a record store that long and doesn't know in his heart of hearts >>> that 90% of the gross weight is worthless, he's first of all deluding >>> himself and second of all it's a miracle he's stayed in business long >>> enough to become an "institution." >>> >>> By its very nature, a used record store must be an accumulator. The >>> business model works if you continuously have a nice valuable 10% >>> moving at high prices and if your rent is cheap enough to use the >>> other 90% to attract accumulator traffic and to look like you have a >>> vast inventory of "treasures." >>> >>> Don't get me wrong, the 90% has some value to someone. Just not any of >>> it monetary. I always troll the dollar bins and free bins at used >>> record stores, mainly to find better-condition covers to records I >>> have where the vinyl is great but the cover is shot (and I probably >>> therefore got it for a huge discount). There was a decorating fad a >>> while back, popular enough to make it to the NYT style section, that >>> seriously crimped this MO. The kids were into buying up dollar-bin LPs >>> to frame the cover and hang them on the wall. Suddenly, competition >>> for my good-condition dollar covers and novelty covers! The fad seems >>> to have passed, based on recent success in the dollar bins. >>> >>> -- Tom Fine >>> >>> ----- Original Message ----- From: "Aaron Levinson" >>> <[log in to unmask]> >>> To:<[log in to unmask]> >>> Sent: Wednesday, August 18, 2010 11:05 AM >>> Subject: Re: [ARSCLIST] music man murray record collection& Murray >>> Gershenz, music collector extraordinaire, is parting with his entire >>> music library. >>> >>> >>>> There is a reason why it is such a massive collection in the first >>>> place-no one wants it for a patently ridiculous price! Does this all >>>> seem vaguely reminiscent to a guy with a warehouse in >>>> Pittsburgh?...Someone needs to tell these guys that we are in the >>>> greatest economic downturn since Black Friday and that whatever you >>>> thought you had and how much you (wildly) imagined it was worth, >>>> things ain't what they used to be. >>>> >>>> AA >>>> >>>> >>>> On 8/18/10 1:42 AM, Michael Biel wrote: >>>>> It is interesting that both these postings and the article and TV >>>>> piece all refer to the stock of a retail store as a "collection". >>>>> Over on the 78-L there have been comments from several who have been >>>>> customers and know this shop well that the prices he asked were too >>>>> high, and even the reduced price he is now asking for the whole >>>>> stock is still too high considering that it has been pawed thru by >>>>> thousands of collectors for 50 years. I suppose that if your prices >>>>> are too high, a store's "stock" becomes a "collection"! >>>>> >>>>> >>>>> On 8/16/2010 7:22 PM, Rod Smear wrote: >>>>>>> This came up in today's LA times article about a local gentleman >>>>>>> here who is looking to unload his masssive collection. Apparently >>>>>>> from edison cylinders to LP's. Don't know if anyone might be >>>>>>> interested or know someone or organization willing to buy >>>>>>> collection. Sorry i don't have a link. I guess google LA times >>>>>>> Music Man Murray records? Rod Smear >>>>>>> >>>>> Here's the link. >>>>> http://www.latimes.com/news/local/la-me-music-man-20100816,0,5301372.story >>>>> >>>>> >>>>>> From: Gerald Segall<[log in to unmask]> >>>>>> >>>>>> Murray Gershenz, (aka "Music Man Murray"), after having amassed a >>>>>> lifetime of rare and collectible 45s, 78s, vinyl LPs, and CDs, is >>>>>> sadly selling his entire collection's contents, for any prospective >>>>>> buyer interested in these hard-to-find musical treasures. As news >>>>>> anchor Glen Walker of KTLA News remarks, "...building a music >>>>>> library that attracted those who made the music." If only a public, >>>>>> college, or university library could acquire such a precious >>>>>> collection for the benefit of use by all music lovers, patrons, >>>>>> music students, music scholars, and historians. >>>>>> >>>>>> http://www.ktla.com/videobeta/?watchId=f773a6ed-bf4b-4b32-a437-0a5771774e91 >>>>>> >>>>> >>>> >>> >