Celebratory news for audiophiles: Vinyl sales grew by double digits last year, moving nearly 10 million units in 2018.
Thank you and courtesy to Forbes – Click here for the full article and top 10
Our best-selling last holiday season was Bing Crosby – Merry Christmas
Vinyl in general along with turn tables are EPIC Christmas gifts. These gifts will either take you all the way back – or for younger people expand their horizons.
The Groove Record Shop as over 250,000 records and many are holiday!
Baby boomers either never stopped listening and are still collecting, or they may be handing them down.
Collection value depends. Tom Petty – is a great example. We sold every Petty Album in our record shop when he passed away. R.I.P., Tom – you defined music in an epic way as did the great Aretha Franklin – the minute an artist leaves this world, the prices, double, triple, and quadruple depending on the artist. Exceptions are artist like Elvis – so many albums were made, and reproduced when he died that the value hasn’t increased due to the supply. Another exception:
Rare Elvis: Elvis Country 1970’s. Green Vinyl #LSP4460
Elvis Christmas Record $20,000 on red vinyl #LOC1035
Below are a few artists that their albums aren’t always so easy to find. Hard rockers don’t like to part with their music!
Record sales last year record sales beat out cd sales. As CD and digital sales decline in the wake of streaming services, vinyl sales continue to rise. Record sales have seen a 250% growth since 2009. While CDs sit on shelves, vinyl supply is having a hard time keeping up with demand. It may not have seemed possible 10 years ago, but vinyl is back.
Why are record shops making a comeback? Annie Mikaelsen from The Groove Record Shop says, ‘it’s the sound. ‘Music on a CD is compressed which means you can miss instrumentals, and voice attributes. A Cd is more of a flat, one dimensional sound. Young people love the sound and the process of holding and seeing the liner notes along with the cover art. Even cleaning the album and putting it on the turntable is cool.’
According to Nielsen Music, Vinyl LP sales accounted for 14 percent of all physical album sales in 2017, The Beatles’ “Sgt. Pepper’s Lonely Hearts Club Band” top selling vinyl LP. Over 14 million dollars. Hellva comeback friends.