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Wondering If You’re Losing Money? You ARE by Throwing Away These 7 Things

July 22, 2022 · Personal Finance
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Vinyl Records

Events like the annual Record Store Day have hipsters and older people standing in line for special sales on limited release titles and sought-after vintage vinyl. But it’s a good indicator to be able to tell what your collection might be worth.

Some records aren’t worth more than 50 cents, while coveted first pressings can bring in thousands of dollars. And even if they’re not worth that much money, they can fetch a good chunk of change, like a 1957 Elvis Christmas album that was listed on Reverb for $149.

For David Bowie’s 1974 Diamond Dogs album, the worth lies in the bizarre story of the album artwork. The original idea illustrated Bowie with his bottom half replaced by a dog’s genitals.

This made his record label nervous, so the image was altered before the record could hit the shelves. As you would expect, a few copies of the original got loose, and in 2003, one sold for $3550.

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8 comments on “Wondering If You’re Losing Money? You ARE by Throwing Away These 7 Things”

  1. Paula says:
    February 12, 2023 at 5:29 pm

    What about guitars made in the 1960s?? I once sold my old Martin (purchased in 1965) in 1968 for $200 (what originally paid for it), but understand that if I had kept it, it might now be worth thousands!! Also, I own an old Gibson ukelele, probably from the 1930s, and understand that it could be worth a lot, if I chose to sell it (which I won’t)

    Reply
  2. sandra jones says:
    February 13, 2023 at 2:24 am

    Love to hear about other items that may have value.

    Reply
  3. Charles Litwin says:
    February 13, 2023 at 7:34 am

    It was very interesting I like to know how to sell the items

    Reply
  4. John Mount says:
    April 13, 2023 at 3:02 pm

    Loved your article Melaine, very entering and informative. Please do some more like it.

    Reply
  5. Sue Aronson says:
    April 15, 2023 at 8:19 am

    This is all vert interesting. But how do we know where to sell certain items?

    Reply
  6. Theresa says:
    April 15, 2023 at 6:06 pm

    Loved the article. It makes me more careful about throwing things in the trash. I have tons of 60″ & 70’s postcards including sets from a relative who traveled across country. I also have old old school books from collecting them over the years.They are from 1950’s back. Lesson plans and school books. Hard cover. Thanks for the warning about discarding old collectibles. I was going to throw them all away.

    Reply
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