Madonna seconde après Les Beatles dans le TOP 10 des artistes les plus collectionnés.
By Jay Williams 9/06/2010
Get into the groove of selling and investing in sought-after rare vinyl
Old vinyl is making a mint as records by Elvis and the Rolling Stones sell for staggering sums.
Thanks to the recession, the collectible vinyl business has seen record sales as investors switch from rocky stocks and shares to rock legends such as The Beatles and Queen, and British music-lovers cash in.
Whether you like nosing around charity shops and car boot sales in search of rare gems, or you've got a carefully stored record collection that you think is worth a few quid, you could be quids in... Pals Rob Croydon and Julian Thomas, of www.991.com, sold a cool £1.5million of rare records last year - 15% up on 2008. "A mint copy of a scarce single by The Beatles from the early 60s can now be worth way more than its weight in gold," says Rob.
"We've seen an increase in sales of collectible stock all over the UK and abroad, especially the US and Japan."
Rob, 41, is a prime example of how to make money out of being a vinyl junkie. He made his first profit as a teenager, when he bought a 16-minute 12in remix of Relax by 80s pop stars Frankie Goes To Hollywood and sold it for £20. And he's never looked back.
He and Julian, 41, who have been friends since primary school, set up in business in 1986, when he was just 17, from their bedrooms. They went without holidays for six years and ploughed all the money they made from their day jobs in finance and property into the company.
They also spent years trudging around record fairs and second-hand shops building up their collection.
Now they employ more than 40 people at a huge HQ in Meopham, Kent, and have agents in the US and Japan, hunting rarities and selling to a growing clientele of private collectors.
Julian says: "Unlike stocks and shares, which have had a pretty unsettled time recently, the collectible vinyl market is stable."
One of Julian's biggest coups was when a punk fan rang up offering to sell a "holy grail" item - The Sex Pistols' God Save The Queen single, which was released on A&M Records in 1977 and immediately withdrawn from sale.
Worth up to £10,000 with its original promotional material, Julian bought it for an undisclosed sum. The seller then casually said: "Oh, if you're interested, I've got six more copies."
Needless to say, Julian snapped them up.
The company has tens of thousands of records, CDs, tapes, autographed items and other memorabilia (on the right are their current most valuable items).
If you have a collection for sale, or items for sale, contact 991.com for an idea of its value... it needs to be in great condition. If you think you have a particularly valuable piece of vinyl you could take it to London auctioneers Christie's, which holds regular rock and pop memorabila sales. The next is on June 24. Find out more at www.christies.com and search for "records".
TOP 10 COLLECTIBLE ARTISTS
1. The Beatles
3. Elton John
4. Rolling Stones
5. Elvis Presley
7. David Bowie
9. Olivia Newton John
10. Eric Clapton
TOP 10 NON COLLECTIBLE ARTISTS
1. Billy Joel
2. Robbie Williams
3. Dire Straits
4. Phil Collins
5. Fleetwood Mac
7. Lionel Richie
8. Boomtown Rats/Bob Geldof
9. The Eagles
10. Rod Stewart
TIPS FOR COLLECTORS
Go for stuff you like and take good care of it - both sleeves and vinyl.
Scratches are a definite no-no.
If you're hoping to sell for a profit, don't put your name on covers.
You can play the records but it's best to keep them in pristine condition.
You can't go wrong with the classics such as Elvis and the Stones.
Look for limited editions or extras such as artwork - not everything from collectible artists is collectible or worth money.