Source: Jazz Collector Database, analysis by LJC
Some records come up for auction much more frequently than their alleged scarcity would suggest, Mobley 1568 a case in point.
I am reminded of the TV comedy sketch Only Fools And Horses, when lovable rogue Del-boy returns from a day’s dodgy trading for his tea. His long-suffering wife serves up baked beans on toast. On alert, Del-boy demands:
“Baked beans? Where did you get these?”
“Oh I found a load of tins in the garage“, admits his good lady.
“You dummy! Those are not eating baked beans. They are buying and selling baked beans.
There are investors, traders, and dealers in high-end records, who understand the insatiable desire of a few souls who lust for something almost no-one else has got, something that people in their circle of acquaintances will recognise as insanely rare, writhing in envy.
The high-end collectable jazz universe is insanely small, maybe only a couple of hundred people in a world population of three trillion, much smaller than the high-end rock pop classical reggae single collector tribes. Curio examples of truly rare records : a test pressing of a Beatles recording that was never issued, only one copy in existence, owned by Paul McCartney, valued near £1m; the last autograph John Lennon gave on a record cover before being shot dead by Mark Chapman £ ?
A different example of things that are “collectable”. What makes this ticket worth $5,000? What is a piece of “cultural history” worth? At least you can play a record.