Colli Real Estate

Stephen MH Braitman-putting a value on your collection of vinyl

The value of vinyl is very subjective and certainly discussed. There are many elements involved to determine how a specific record or an entire collection can be profitable. Do you use the fair market value, replacement value value or price guide discs? As I learned, everything depends on circumstances and how best to achieve these goals is to have your assessment of professional library. I used to talk with professional appraiser and historian of music by Stephen MH Braitman on elements involved in placing a value on a record collection.

But first, let me introduce you to Stephen. It was involved with records and music of the late 60's, Writing and Editing entertainment and various music publications. It has also been a dealer, buying and selling records, posters and objects associated with age. Its widely recognized experience in the market music makes your memories and assessment services important for estate planning, charitable giving, expert testimony and insurance coverage and claims. His references are many: the crossing of the American Society of Appraisers (ASA) Principles of Good Practice and Code Evaluation Ethics in 2004, succeeding courses on topics such as Rules for the Professional Practice Assessment (USPAP) of the valuation Personal Research methodology and analysis, and legal and business environment assessment. There is also a music analyst with Gracenote management of digital music company.

So what does this mean? Stephen MH Braitman is a qualified, appraiser Agreed. This unique service Why is it important? As I discuss details of her affair with Mr. Braitman, we explore some details that enter in a journal record collection as a collection of documents must be appreciated.

"This is a new service, a kind again, so to speak, "he said." The service is offered to those who have collections of May big or small, really have no idea of its value. Unfortunately, there is no legal requirement to qualify as an assessor, except in the housing market, but the IRS and the Foundation for assessment have shown the way by adopting standards recognized nationally and reputable appraisers in all areas of use. The IRS, for example, uses the concept of fair market value, namely, the agreed price paid by a willing buyer, willing an expert, a knowledgeable salesperson. One reasons that led to this trade is not only for my love of music and memories of music, but because he felt that industry must be certified appraisers to provide significant assistance in establishing values of collections for insurance, planning, inheritance donation tax credit, personal quarrels and investment. Labor Party has also called an expert witness of faith and safeguard established values in a collection. Here the image. "

When asked what exactly happens to an assessment Stephen said:

"There are many variables that must be recognized when placing a value on a collection. It also depends Objective evaluation. For example, the IRS uses the fair market value to determine the value of donated materials. However, the replacement value in case of insurance is higher because you'll pay a higher cost of collection to recover a portion, say, that may have been lost in a fire. Thus, the intent of the evaluation be taken into consideration. "

"We studying what sections are comparable on the market today. There are several aspects of research including the recent sale and relevant analysis trends, the professional consensus, shops, the sale price at auction, and the guide price for registration. The record price guides are a good starting point, but may not reflect the true value because of the aforementioned variables. "

"Our first task in an assessment overall is to examine the physical, if possible, and ascertain the state, publishing and other key aspects of recognition. Then, we conducted a thorough investigation to determine the marketability being objects. Our service ends with a paper certificate detailing the estimated retail value and the value of the current ramp, depending on the type of assessment. It also includes an indication of the quality General item or collection, including the state, pressing the issue or cultural or historical propriety. The document exceeds the requirements test the IRS and insurance companies. "

We discussed one of the most confusing and subjective on vinyl: the grading vinyl records. I asked Stephen what method is used.

"It's really a combination of several methods, including Goldmine standards that were created in his many publications, the 'Tonight' formula Good Rockin 'and my own formula. I want to go further and use a 100-point scale, and deduct points for each successful, not only in the case, but the cover (if a 45 laps), LP cover and jacket. I would like to see a uniform standard established in the near future, something that everyone in the industry can agree, "said Stephen.

There are also some ways to get your record collection or memories documented and assessed, with details of Stephen:

"We 've really offers two distinct services, vocational assessment and rapid assessment of your memories or record collection. This means you send us a list of items for which we provide a detailed document, with a market value range based on comparables. You can tell if you have something to $ 1.00, $ 10, $ 100 or more. This process is faster and less expensive than the formal evaluation and it is more useful to assess what a sale to a distributor can provide, "explains Stephen.

"Our service includes not only the evaluation documents and collections of albums, but posters, brochures, flyers, programs, CDs, promotional items, books, travel and music collection. (I not deal with musical instruments, which is a very different type of specialty). It is important to have your items or collections of assessment to measure the replacement value, will help the planning objectives of goods, items of tax and other factors. I have more information on my site, http://www.MusicAppraisals.com.

As we concluded our interview, we talk about our love for music, not only, but the format of the audio historic LPs. I asked Stephen about one of their assessments of the collection's most memorable record.

"I made an evaluation of a gentleman in Texas and had Record Collection marvelous and beautiful. But when he finds an old Robert Johnson 78's and has played in sound equipment, and as the music fills the room, you'd swear that Robert Johnson was playing for at this very moment. It was a wonderful and rewarding experience and I will never forget "Stephen recalled.

That assessment services, providing not only valuable and Stephen MH Braitman single disc, which also reached the file, evaluate and manage significant parts of the audio story, and begins to listen too. And it a reward that you can not put a value on.

Esteban Contact Information:

Website: http://www.MusicAppraisals.com

Blog: http://www.NeedleScreech.com

Email: braitman@mindspring.com

Monthly column, "The Picture Sleeve Archive" in the Goldmine Magazine

Phone: 925-679-3044

About the Author

Author Robert Benson writes about rock/pop music, vinyl record collecting and operates http://www.collectingvinylrecords.com, where you can pick up a copy of his ebook called “The Fascinating Hobby of Vinyl Record Collecting.”

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