02-20-2008, 11:05 AM | #1 | ||
Coordinator
Join Date: Oct 2000
Location: Big Ten Country
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Buy The World's Greatest Music Collection
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02-20-2008, 11:09 AM | #2 |
Head Coach
Join Date: Dec 2001
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wtf
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"Don't you have homes?" -- Judge Smales |
02-20-2008, 11:16 AM | #3 |
Coordinator
Join Date: Jan 2001
Location: Keene, NH
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"Get $10 back on this item See Details."
I was going to hold off, but the chance to save .0003 % is just too good to pass up
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Mile High Hockey |
02-20-2008, 11:18 AM | #4 |
Dark Cloud
Join Date: Apr 2001
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Heard this on NPR last night. The guy did an ambitious thing, but no way anyone wants to buy that whole thing and keep it intact.
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FBCB / FPB3 Mods |
02-20-2008, 11:19 AM | #5 |
College Benchwarmer
Join Date: Nov 2003
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He has a 262 rating & no negative.
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The greatest dangers to liberty lurk in insidious encroachment by men of zeal, well-meaning but without understanding. United States Supreme Court Justice Louis D. Brandeis |
02-20-2008, 11:26 AM | #6 |
This guy has posted so much, his fingers are about to fall off.
Join Date: Nov 2000
Location: In Absentia
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I considered making an offer, but the shipping costs killed the deal.
By Regis Behe TRIBUNE-REVIEW Friday, January 18, 2008 For sale: 3 million record albums and 300,000 CDs; rare and out-of-print titles, all varieties of American music from classical to hip-hop. But it's much more than vinyl and jewel cases. "It's the history of music," says Paul Mawhinney, the owner or Record Rama Sound Archives in Pine. "It's my life's work." Mawhinney, 69, is reluctantly parting with a collection he started more than 40 years ago. Legally blind and fighting diabetes, he wants to spend more time with his five grandchildren. The collection is worth millions of dollars -- Mawhinney's personal estimate is at least $50 million -- but he has received only one solid offer. That bid of $28.5 million fell through. Other parties have shown interest, and Mawhinney says he continues to talk to a few interested parties. He has set of goal of selling the collection by March 1. "I've had a lot of people that wanted it, but they don't have the right kind of capital," he says. While Mawhinney's albums are a record collector's fantasy, they are beyond the financial reach of most vinyl enthusiasts. That's unfortunate, because there are a lot of desirable items, including: An unreleased, untitled Rolling Stones album of early singles. Originally recorded in mono, the songs were remastered in stereo for FM radio stations in the early 1970s. Mawhinney estimates the album is worth between $5,000 and $10,000. A rare original copy of Phil Spector's album "A Christmas Gift for You" that features Darlene Love, The Crystals and The Ronettes. 15 copies of the first edition of "Elvis' Christmas Album." Mawhinney says the original album, released in 1957, has a red gatefold cover and features Presley singing "Santa Claus Is Back in Town," "Blue Christmas" and 10 other seasonal songs. Estimated worth is $700. Scott Neuman, president of Recordweb Communications LLC in Lakehurst, N.J., and owner of the online site www.forevervinyl.com, says Mawhinney is spot on with his evaluation of the collection. He agrees the Stones album -- especially if it is unopened -- could be valued at $10,000. "A Christmas Gift for You," in mint condition, could fetch between $700 and $800, and the Presley release might be worth as much as $1,000, Neuman says. Without having inspected the collection, Neuman believes Mawhinney's estimate of its worth at $50 million "is pretty darn close," he says. "That sounds right." Optimally, Mawhinney would like the collection to go to a major library or museum, or someplace that will keep it intact. He tried to contact local and national politicians about his dilemma, but he has not received any feedback. "I can't seem to get any interest from the country in preserving this for history," he says. "I'm very concerned about that."
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M's pitcher Miguel Batista: "Now, I feel like I've had everything. I've talked pitching with Sandy Koufax, had Kenny G play for me. Maybe if I could have an interview with God, then I'd be served. I'd be complete." |
02-20-2008, 11:50 AM | #7 |
Coordinator
Join Date: Dec 2004
Location: San Diego via Sausalito via San Jose via San Diego
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Wait a minute, 3 million albums (records) and 300,000 CDs but only 6 million songs? Even if each album/CD had only 5 songs on it, that would be over 15 million songs.
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I'm no longer a Chargers fan, they are dead to me Coming this summer to a movie theater near you: The Adventures of Jedikooter: Part 4 |
02-20-2008, 11:53 AM | #8 |
General Manager
Join Date: Oct 2004
Location: New Mexico
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He can't seem to get any interest? That's baloney - he surely is getting tons of interest, just not at the price he wants.
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02-20-2008, 12:00 PM | #9 |
Banned
Join Date: Oct 2000
Location: Astoria, NY, USA
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perhaps he should've tried this a decade ago, you know, before the proliferation of illegal downloading and the age where if people want something they can get it for free.
he should've sold it for $28million when he had the chance. or, maybe contact that original prospective buyer and offer to sell him the collection for half the price. |
02-20-2008, 12:20 PM | #10 |
Pro Starter
Join Date: Jan 2001
Location: Burke, VA
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Wait - he passed up a $29M offer and now would take $3M *if* someone was willing to pay that much?
What a rube. |
02-20-2008, 12:22 PM | #11 | |
Head Coach
Join Date: Dec 2001
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Quote:
the 29 mil fell through, bro
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"Don't you have homes?" -- Judge Smales |
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