When it comes to selling your old records to make extra cash, don’t get your hopes up.
And know this: Condition matters most. Frank Sinatra matters least.
“At one time the shelf that held all the Sinatra albums was 70 feet wide,” said Doug Allen, Bananas Records’ owner. “We have way too much of that.”
What Bananas Records buys and sells the most are classic rock n’ roll, punk and jazz albums. And that’s for around $5 — if the album and the cover are in great condition.
“Records don’t compare to coins and stamps and books,” Allen said. ”There’s not really anything that’s worth $100,000 or more.”
Many records that sold in the millions are still popular with collectors and album buyers, but so many copies are still in circulation that they don’t sell for much.
On the other hand, records that only sold 20,000 copies — jazz