Restocks/Represses

Matt M said:
Well, Mellon Collie at AS canceled. They don't have it. At least not for me.
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Hemotep said:
Didn't notice. Just says backordered now. But it didn't say that when I placed the order.
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Turbo said:
It went to backordered maybe an hour after I posted on here about it being in stock.
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I just checked the status of mine, says it’s in the warehouse being prepared for shipment. Must have got lucky 🤞
 
Hemotep said:
Me neither 😠
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A lot of people on Reddit saying theirs has been canceled as well. Do you have the timestamp on your order?

I waited nearly an hour after Turbo's post mentioning your names before I placed my order. I was hoping you all would see and get in first. Mine is still In Progress with a W supposedly meaning Warehouse.
 
Vinyl&Kicks86 said:
@Plaid Room / Colemine just curious if somebody walked into your shop and wanted to sell you a recent reissue sealed in NM condition that is sought after and goes for $200 on the aftermarket how much would your shop offer them cash?
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DrainedPatience said:
A lot of people on Reddit saying theirs has been canceled as well. Do you have the timestamp on your order?

I waited nearly an hour after Turbo's post mentioning your names before I placed my order. I was hoping you all would see and get in first. Mine is still In Progress with a W supposedly meaning Warehouse.
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1:39, so earlier than an hour. But it's all 👍 I'm glad you're getting one!
 
DrainedPatience said:
A lot of people on Reddit saying theirs has been canceled as well. Do you have the timestamp on your order?

I waited nearly an hour after Turbo's post mentioning your names before I placed my order. I was hoping you all would see and get in first. Mine is still In Progress with a W supposedly meaning Warehouse.
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Mine says the same, so I think we’re good
 
Vinyl&Kicks86 said:
@Plaid Room / Colemine just curious if somebody walked into your shop and wanted to sell you a recent reissue sealed in NM condition that is sought after and goes for $200 on the aftermarket how much would your shop offer them cash?
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I love this question, so forgive the long-winded response. I guess I'll preface this by saying that prices in the midwest are incredibly competitive and we have some seriously amazing shops in Cincinnati. So needless to say, if you're the store paying 10% of retail you won't be here for long.

I'll start by saying this is a bit of a loaded question. I can't necessarily give a broad answer to this, because it depends on the record. The reason I say that is because, if you walk into my store right now and try to sell me a copy of Stadium Arcadium by the Chili Peppers, you're going to be disappointed (Red Hot Chili Peppers - Stadium Arcadium). Sure, the cheapest copies are $100 and it's only going up from there until they get time to repress it again. But, I have a warehouse with around 225 copies remaining (had 1,000 in January) and I put them out in the store each week, all the time, for $44.99. They actually used to be a bit cheaper too, but I had to get my last batch from a middleman/one-stop. So, they go for $100 on discogs in this little blip of time . But in the real world, once manufacturing catches up, it's a $40-50 record. And also, you can walk in my store tomorrow at 12 p.m. and buy a brand new sealed copy for $44.99(I think I actually have a used copy in the bins for $35 right now, too!). My whole philosophy as a store is, I don't want you to buy this record today, and when the repress shows up in a week, you walk in and find it brand new in my bins for half or less of what I charged you last week. It's a seriously fine line, especially in today's world. Mellon Collie is an absolutely classic example of this. Nine Inch Nails the Fragile is another one. In the last 6 months, there's been multiple times where folks walked in and wanted me to pay more for an opened used copy of those records than I had them for sale for on my floor. I keep a lot of stock out of inventory for locals. I had copies of Mellon Collie until late January this year actually, still for sale at normal retail. Someone walked in and wanted $125 for an opened copy, and I showed them my sealed copy for (at that time) $99.99 on the floor. They're not wrong, and I'm not wrong, it's a weird gray area right now, right? I try my best not to follow the market that's moving on the monthly up and down cycles.

All that being said, if there's a limited reissue that's legitimately out of print, and this stuff is way easier when the record has been gone for 5+ years, I'll absolutely pay 50%, 60%, and even up to 65% cash depending on the record. The other thing to consider is that everyone's idea of retail value is different, right? Some folks consider the discogs median, some folks consider the discogs average, and some folks go with the highest. I tend to price based on a sort of in-house combination of all of those 3 and also use gripsweat and popsike for more rare items. I think I could talk forever on this subject, and if anyone has made it this far I'm sorry for typing so much. I think the best thing to do is actually show you some examples.

Don Carol - You Want No One But Me - We sold for $2499.99 a few months ago - the seller was paid $1,667.00 for this and we took on the risk of selling an incredibly rare G condition 45 that was cracked. Something that, discogs won't give you any info on regarding price, popsike will only show you 1 hit, and that's all you have to go on. We made $833 on the sale, minus $92 in Paypal fees, ~$55 on overnight mailing and insurance, minus the normal overhead of paying the mortgage + 26 employees. What we brought to the table for the seller was the ability to grade properly, provide sound clips for the customer, and also find the right sales channel for this. Stuff like this doesn't sell to an average collector. Which also means that the grading has to be on point, especially when the condition is this bad. In VG+ condition, this is easily a $6,000+ record. We have a strong email list we've built over the years and also pay dearly for the monthly fees on (I think $500+ per month at this point). But, that email list is what allowed that record to find the right customer. It's also what allowed us to make such a generous (or as my Dad would tell me, foolish!) offer.

Another good example would be a local customer who brought me around 300 records on Tuesday. It was a mix of older rock stuff, newer rock/metal stuff, and some random country thrown in. I told him what I tell a lot of folks in that situation. If you give me 1-2 days to sort through, you'll always get paid more. Yesterday morning, one of my buyers and I spent the time sorting through, cleaning, and pricing all 300 records. We put them in our system and figured out the retail value for the entire batch. Retail in our store was $6,400, which was actually a really impressive number considering the quantity. I will say, there was definitely some out there metal stuff. This wasn't all Metallica and Megadeth that was going to fly off the shelves. I offered the customer $3,500, cited my retail price that we calculated, and they were more than happy.

If you go on our site, you'll find some high dollar 45s. Some are sold, some are still in stock. I can guarantee we paid at least 50% for all of those, and in some cases, much more. In some cases, I totally fucked up and paid wayyy too much. Online Store <-- There's a link to expensive stuff on the site, either in stock or out of stock.

When it comes to lower dollar stuff, yes, we have to be more conservative. I pay 50% for most stuff below $30.

But, to answer your original question, if you bring me a $200 record that I agree with your retail on and we will price at $200, you'll likely get $100 or more. If you're a regular customer that shops with us it's very likely I'd offer something like $110 cash / $130 trade.

Sorry again for the novel.
 
Plaid Room / Colemine said:
I love this question, so forgive the long-winded response. I guess I'll preface this by saying that prices in the midwest are incredibly competitive and we have some seriously amazing shops in Cincinnati. So needless to say, if you're the store paying 10% of retail you won't be here for long.

I'll start by saying this is a bit of a loaded question. I can't necessarily give a broad answer to this, because it depends on the record. The reason I say that is because, if you walk into my store right now and try to sell me a copy of Stadium Arcadium by the Chili Peppers, you're going to be disappointed (Red Hot Chili Peppers - Stadium Arcadium). Sure, the cheapest copies are $100 and it's only going up from there until they get time to repress it again. But, I have a warehouse with around 225 copies remaining (had 1,000 in January) and I put them out in the store each week, all the time, for $44.99. They actually used to be a bit cheaper too, but I had to get my last batch from a middleman/one-stop. So, they go for $100 on discogs in this little blip of time . But in the real world, once manufacturing catches up, it's a $40-50 record. And also, you can walk in my store tomorrow at 12 p.m. and buy a brand new sealed copy for $44.99(I think I actually have a used copy in the bins for $35 right now, too!). My whole philosophy as a store is, I don't want you to buy this record today, and when the repress shows up in a week, you walk in and find it brand new in my bins for half or less of what I charged you last week. It's a seriously fine line, especially in today's world. Mellon Collie is an absolutely classic example of this. Nine Inch Nails the Fragile is another one. In the last 6 months, there's been multiple times where folks walked in and wanted me to pay more for an opened used copy of those records than I had them for sale for on my floor. I keep a lot of stock out of inventory for locals. I had copies of Mellon Collie until late January this year actually, still for sale at normal retail. Someone walked in and wanted $125 for an opened copy, and I showed them my sealed copy for (at that time) $99.99 on the floor. They're not wrong, and I'm not wrong, it's a weird gray area right now, right? I try my best not to follow the market that's moving on the monthly up and down cycles.

All that being said, if there's a limited reissue that's legitimately out of print, and this stuff is way easier when the record has been gone for 5+ years, I'll absolutely pay 50%, 60%, and even up to 65% cash depending on the record. The other thing to consider is that everyone's idea of retail value is different, right? Some folks consider the discogs median, some folks consider the discogs average, and some folks go with the highest. I tend to price based on a sort of in-house combination of all of those 3 and also use gripsweat and popsike for more rare items. I think I could talk forever on this subject, and if anyone has made it this far I'm sorry for typing so much. I think the best thing to do is actually show you some examples.

Don Carol - You Want No One But Me - We sold for $2499.99 a few months ago - the seller was paid $1,667.00 for this and we took on the risk of selling an incredibly rare G condition 45 that was cracked. Something that, discogs won't give you any info on regarding price, popsike will only show you 1 hit, and that's all you have to go on. We made $833 on the sale, minus $92 in Paypal fees, ~$55 on overnight mailing and insurance, minus the normal overhead of paying the mortgage + 26 employees. What we brought to the table for the seller was the ability to grade properly, provide sound clips for the customer, and also find the right sales channel for this. Stuff like this doesn't sell to an average collector. Which also means that the grading has to be on point, especially when the condition is this bad. In VG+ condition, this is easily a $6,000+ record. We have a strong email list we've built over the years and also pay dearly for the monthly fees on (I think $500+ per month at this point). But, that email list is what allowed that record to find the right customer. It's also what allowed us to make such a generous (or as my Dad would tell me, foolish!) offer.

Another good example would be a local customer who brought me around 300 records on Tuesday. It was a mix of older rock stuff, newer rock/metal stuff, and some random country thrown in. I told him what I tell a lot of folks in that situation. If you give me 1-2 days to sort through, you'll always get paid more. Yesterday morning, one of my buyers and I spent the time sorting through, cleaning, and pricing all 300 records. We put them in our system and figured out the retail value for the entire batch. Retail in our store was $6,400, which was actually a really impressive number considering the quantity. I will say, there was definitely some out there metal stuff. This wasn't all Metallica and Megadeth that was going to fly off the shelves. I offered the customer $3,500, cited my retail price that we calculated, and they were more than happy.

If you go on our site, you'll find some high dollar 45s. Some are sold, some are still in stock. I can guarantee we paid at least 50% for all of those, and in some cases, much more. In some cases, I totally fucked up and paid wayyy too much. Online Store <-- There's a link to expensive stuff on the site, either in stock or out of stock.

When it comes to lower dollar stuff, yes, we have to be more conservative. I pay 50% for most stuff below $30.

But, to answer your original question, if you bring me a $200 record that I agree with your retail on and we will price at $200, you'll likely get $100 or more. If you're a regular customer that shops with us it's very likely I'd offer something like $110 cash / $130 trade.

Sorry again for the novel.
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Man, I love seeing how the sausage gets made! Fantastic read.

I've screwed up a couple of times in the past year selling stuff to Amoebe SF and getting severely under paid for what I brought in. They always say look around the store and we'll call you when it's ready, I wish I was able to go through with them what they are buying at what price and why.
 
I think that's the fastest I've seen a lot of the Plaid Room restocks go. Luckily nothing I had to have was gone but so quick on the other titles.

(Or not…keep your eyes out folks!)
 
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www.plaidroomrecords.com

The Grateful Dead - Three from the Vault

Limited quadruple vinyl LP pressing housed in a gatefold Stoughton "tip-on" jacket. From The Vault releases are distinguished from the more abundant Dick's Picks series in that Dick's Picks are "direct from the soundboard" recordings, while the From The Vault series were professionally recorded...
www.plaidroomrecords.com www.plaidroomrecords.com

Good time to grab one of these if u need one. Also, a damaged option.
 
POGunter said:
www.plaidroomrecords.com

The Grateful Dead - Three from the Vault

Limited quadruple vinyl LP pressing housed in a gatefold Stoughton "tip-on" jacket. From The Vault releases are distinguished from the more abundant Dick's Picks series in that Dick's Picks are "direct from the soundboard" recordings, while the From The Vault series were professionally recorded...
www.plaidroomrecords.com www.plaidroomrecords.com

Good time to grab one of these if u need one. Also, a damaged option.
Click to expand...
Did these drop early? I thought they weren't out until June 3.
 
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