Collectible vinyl business has seen record sales due to the recession

Old vinyl is making a mint as records by Elvis and the Rolling Stones sell for staggering sums.

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Old vinyl is making a mint as records by Elvis and the Rolling Stones sell for staggering sums.

Thanks to the recession, the collectible vinyl business has seen record sales as investors switch from rocky stocks and shares to rock legends such as The Beatles and Queen, and British music-lovers cash in.

Whether you like nosing around charity shops and car boot sales in search of rare gems, or you’ve got a carefully stored record collection that you think is worth a few quid, you could be quids in…

Pals Rob Croydon and Julian Thomas, of www.991.com , sold a cool £1.5million of rare records last year – 15% up on 2008. “A mint copy of a scarce single by The Beatles from the early 60s can now be worth way more than its weight in gold,” says Rob.

“We’ve seen an increase in sales of collectible stock all over the UK and abroad, especially the US and Japan.”

Rob, 41, is a prime example of how to make money out of being a vinyl junkie. He made his first profit as a teenager, when he bought a 16-minute 12in remix of Relax by 80s pop stars Frankie Goes To Hollywood and sold it for £20. And he’s never looked back.

He and Julian, 41, who have been friends since primary school, set up in business in 1986, when he was just 17, from their bedrooms. They went without holidays for six years and ploughed all the money they made from their day jobs in finance and property into the company.

Taken from the 991.com archives, read the article here originally published in The Mirror.co.uk

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