We Buy Electronics

Trends come and go almost as fast as the season changes. Things that were cool before will soon be forgotten but will eventually find a new niche to thrive in. Recently, vinyl records seem to be gaining traction once more, and the sense of nostalgia on old records is starting to circulate again. In fact, for the past ten years, the sale of vinyl records has increased by around 28%! With that new resurgence and demand for old vinyl records, people wonder how they can sell their collections. Here are a few good tips you should consider before selling your records to a collector or your local pawn shop in Owensboro, KY.

1. Educate Yourself on Vinyl Records

Whether you’re planning to sell your own collection or someone asked you to sell them, you need to first learn about a few things to make sure you don’t get screwed over. Learning the ins and outs of the vinyl record world is crucial as it gives you an idea of what you’re selling and a little bit of history about it.

Without knowing what you’re selling, people can easily coax you into buying or selling records without considering their value first. For example, vinyl records have several different releases with different imprints on album covers. Depending on which version of the record you own, you can sell it for a few bucks or several hundred dollars.

2. Determine the Condition of the Record

Of course, any old or used item you're selling needs to be in good condition if you want to sell it. A vinyl that’s been unopened and is still in shrinkwrap will definitely be far more valuable than something that’s been used and abused through time. Likewise, items in sealed and mint condition will net you a reasonable price if you find the right buyers for them. The vinyl record industry has a list of condition codes you can learn and use when selling records:

• Sealed (S) - The album has never left its original packaging.
• Mint (M) - The plastic wrap may have been removed, but the album is still in perfect condition.
• Near Mint (NM) - The record is still in good condition, but it might have a slight scuff, which is fine as long it doesn’t impact play quality
• Excellent (E) - The record shows some signs of being played, but with minimal impact on sound quality
• Very Good Plus (VG+) - There is some minimal impact on sound quality, but it’s probably not noticeable to the average listener.

3. Rarity Matters

This goes back to your knowledge of vinyl records. When you know the history of your vinyl records, you’ll know if it’s a rare item or not and how much of a demand there was for such an item. The more rare an album is, the higher the price you can expect to get from it. A good example is the Beatles album called “The Beatles: Yesterday and Today.” This particular item is so rare that there seem to be only ten sealed stereo versions of it in existence. The album is currently valued at more or less $125,000 today. If you want to get the best deal possible for your item, It’s best to have your record appraised by a pawn shop in Madisonville, KY, or do your own research online.

Conclusion

Selling or pawning your vinyl records isn’t as easy as one might think. You need to do some extensive research if you want to make the most out of your collection. However, it’s not totally impossible, especially if you have help from a professional.

River City Pawn is your one-stop shop for pawning your valuable items or getting quick cash loans. We offer the best deals out there whether you want to buy, sell, or pawn any items of value. Expect customer service like no other from our staff members every time you visit our pawn shop in Henderson, Madisonville, Owensboro, Leitchfield, and Murray, KY. Contact us today to learn more about our services.