That's my point right there--sealed copies are outrageously expensive, and even the used copies (which are in far worse shape now than 10-15 years ago) have even been spotted with inflated prices. I don't see a value proposition there at all. 20 years ago I could have found perfectly good used copies for $3-$5. Nowadays they are in worse shape, at a higher cost, like $5 and up (unless they are stuffed into a dollar bin, and those are usually in terrible condition).Wow...this is crazy....I have replaced some of my old worn out original LP's with sealed original ones probably 10-15 yrs ago but most were only $20.00 at the most. The only ones I paid $80.00 to $100.00 was for an Offering Promo LP and Lovelines but that was quite a while ago.
So today, three of the new LPs are $16 or less. I bought the one I was interested in. To me it's a bargain, compared to the buy/discard cycle I would go through finding a clean playable used copy.
I think it's purely opportunism. Records are a hot item now, so these sellers think they can jack up the price and people will buy them. Thing is, those might be listing prices, but how long do they sit on those high prices before they sell, or they drop the price? I might even call it the eBay syndrome.I'm wondering if the price for sealed copies are due to many online record dealers (ebay) are just running out of supply that they have held since the 70's?
There was a record shop in the Minneapolis area that bought up hundreds of thousands of sealed LPs, from the stock of a long-defunct record store or distributor. That is one store I would go out of my way to visit. I'm sure they might price a few rarities higher than others but on the other hand, if you buy that many records, you also have to sell them to cover costs. If I find the article I need to link to it. Interesting read!