Some of the most expensive vinyl records ever sold have been unveiled – and some are worth more than the average UK house.
These include rare gems from The Beatles, Elvis Presley, and even Wu-Tang Clan.
But even more recent releases from bands like Pink Floyd and Fleetwood Mac can be worth hundreds of dollars, with albums from solo acts like David Bowie and Kate Bush also worth a small fortune.
About 4.3 million LPs were sold in the UK in 2019. Vinyl albums now account for one in eight albums purchased in this country both digitally and physically – so there may be something really valuable hidden in that old collection stored in the attic.
The money team from NetvoucherCodes.co.uk has researched and revealed that some records cost more than the UK average home price – including rare gems from The Beatles, Elvis Presley and even Wu-Tang Clan.
Collecting records is a popular hobby in the UK and can be very lucrative. Just a few months ago, one lucky English collector paid £ 100,000 for one of two well-known copies of Frankie Wilson’s “Do I Love You”.
The most expensive record ever sold is Wu-Tang Clan’s 2015 album “Once Upon a Time in Shaolin”. It was bought by Martin Shkreli, head of Turing Pharmaceuticals, and comes with a contract stating that the buyer may not attempt to sell or make money off the record for 100 years.
A spokesperson for NetVoucherCodes.co.uk said: “Music technology is more advanced than ever before, but many would agree that nothing sounds better than vinyl.
“Records will never be as popular as they were in the 50s and 60s, but among some music fans it has become something of a collector’s hobby. Originals can fetch a pretty penny at auction, and as with most collectibles, the rarer the better. “
Here are some of the most expensive vinyl releases in the world:
1. Wu-Tang Clan – “Once upon a time in Shaolin”: £ 1.5 million
The most expensive record ever sold is this 2015 Wu-Tang Clan album, of which this is the only copy ever produced. The record comes with a contract stating that the purchaser may not attempt to sell or monetize the record for 100 years, although the owner may release the album for free if he wishes.
2. The Beatles – “White Album”: £ 620,000
For years, Beatles drummer Ringo Starr was known as the owner of the very first copy of the band’s 1968 double album of the same name, as the records were printed with sequential serial numbers and Starr’s copy bears the number ‘0000001’.
3. Elvis Presley – “My Happiness”: £ 226,000
Jack White of White Stripes, The Dead Weather and The Raconteurs bought Presley’s very first recording, “My Happiness”, at an auction in January 2015.
He used it to create a limited edition facsimile, which he released through Third Man Records, complete with all the pops and scratches and even a plain brown paper bag cover.
4. The Quarrymen – “That’ll Be the Day” / “Despite All the Danger”: £ 200,000
Only one copy of this record has been made, which is currently owned by Sir Paul McCartney. Record Collector magazine listed a target price of £ 200,000 in 2012. McCartney received a number of “reissues” in 1981 estimated to be worth over £ 10,000.
5. The Beatles – “Sgt. Pepper’s Lonely Hearts Club Band ”: £ 227,000
Any original 1967 pressing of Sgt. Pepper will get a decent price at auction, but if one signature can dramatically increase the value of a record, imagine what four can do. In the case of this fully signed copy sold at auction in 2013, the auctioneers were stunned when it eventually fetched a whopping £ 227,000.
6. Frankie Wilson – “Do I Love You (Indeed I)”: £ 100,000
One of two known copies of this Northern soul classic raised over £ 100,000 earlier this year. An English collector bought the seven-inch vinyl in August. It was recorded in 1965 and was intended to be released on Motown’s Soul imprint before it was withdrawn.
7. The Beatles – “Til There Was You”: £ 77,500
Described as ‘the record that The Beatles launched’, a 10-inch acetate of an early demo featuring the songs “Til There Way You” and b-side “Hello Little Girl” was sold to an unnamed buyer in Warrington in March 2016. The test disc bears the handwriting of Beatles manager Brian Epstein and was recorded on Pressed at 363 Oxford Street in London.