More of the Music of Led Zeppelin
More on the Subject of Hot Stamper Pricing
One of our good customers had some questions about some Hot Stampers he purchased recently. We’ve added an addendum to the bottom of his letter because it turns out he traded in his $2000 copy for a $2500 copy.
This Zeppelin 2 hot stamper is killing me, Tom. I love it. It’s not perfect, but it’s significantly better than almost any other copies I’ve heard. Enough that I’d stop my quest with this one, I really believe.
But, I break out into a cold sweat whenever I think about the fact that I was willing to shell out $2000 for one record. I never saw this coming. But then, I play it, I love it, and I can’t think of letting it go. (I rationalize the expenditure by reminding myself of all the ~$2000 audio purchases that bring me less joy than this one record does – headphones, cartridges, preamps, etc.)
It’s not like I’m a surgeon or a dentist – I’ve got a limit, and I’m past it. I’m inclined to keep it, but would you please help me conceptualize this? I have some questions maybe you won’t mind answering:
Is this the most expensive record you’ve ever sold?
I don’t recall any record selling for more than that, so yes, probably.
I actually think this thing might hold some of its value. This record in this condition might sell for $700+ on ebay or discogs, even if people can’t actually listen to it. I wonder what this record in this good shape will be selling for in ten years.
This copy might sell for $2000 today! I have seen them go for more than that. The right guy will pay it because it is unlike 90+% of the copies that come up for sale, which are groove-damaged, noisy and scratched.
Have you got “super hot stampers” or other white hots of Zep II on-hand to list?
If so, will the prices be significantly less than the $2K I just paid?
I don’t want to end up feeling even more buyer’s remorse if I felt like something nearly as good was available for significantly less…
There will probably never be a time when the price of that record comes down, unless you are talking about a copy with serious condition issues.
The prices we pay preclude any lowering of prices for good copies. If anything we are going to have to charge more, and that goes for all the big titles. Harvest? Used to be 500-600. Now? 800-1200. This is the world we live in now, and if we can’t charge those prices, we won’t do the shootouts and we won’t have copies to sell of those titles.
Hope all this keeps you from breaking out in a cold sweat.
Best, TP
Additional comments added by Aaron after reading this posting
Hi Tom,
Now that it’s been nearly two years since I bought my first Zeppelin 2 white hot stamper, I can assure you that you were right in encouraging me to keep it. If you divide down its cost by how many times I’ve played it, and the satisfaction it gives me, it is fully worth it. And, I’ve probably still got ten more years of good hearing left in me, and I can’t imagine ever tiring of this record. Not just that, it is a truly special record, and I’ve successfully built an entire system around the goal of playing it back well.
It’s actually worse than the post’s title would suggest. I actually moved on from that first $2000 purchase (a [redacted] pressing) to a $2500 [redacted] pressing last December.
That one record is the gem of my whole collection, and I am so glad I own it. I have a couple other records whose sound impresses nearly as much, but for the combination of music and sound, this one takes the cake. So I believe I am still tied for the title of having purchased the most expensive record you’ve ever sold – a dubious distinction, for sure. That’s all good by me, your records are a fantastic value in my opinion.
I still can’t believe how much I spent on a single record. But, to put it in context, just today my local hi-fi shop sent out their fall sale spectacular flyer. I see that I could spend $2500 to buy a used McIntosh amp that would make all of my records sound bad. So, in my world, that Zep 2 purchase was money spectacularly well spent…
Aaron
Aaron,
Our world too!
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