MAKE sure you dust off that old box of vinyl while clearing out your house as you may be sitting on a goldmine.
You could be unknowingly stashing away a vinyl worth up to £2,000 if your old and damaged record has one specific feature.
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Like any collectables, the value of vinyl records can vary hugely from as little as £1 up to thousands of pounds.
One TikToker, posting under the username ‘The better dog records’ explained what makes some vinyls special.
The vinyl specialist sells records on eBay and knows exactly what to look after.
Showing off one particular vinyl which is “the most expensive item in the shop”, the TikToker revealed the incredible artwork on the sleeve.
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The design is in fact from renowned underground artist Banksy.
The graffiti artist from Bristol, famed for his anonymity as well as his anti-authoritarian art, has seen his work sold for millions in the past.
Titled ‘Queen and C***ry, Don’t Stop me Now’, it is worth £1,999.99.
The vinyl expert also stressed that it was “always kept out of direct sunlight”, such is the rarity of the record.
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She added: “It is one of the last releases to feature a Banksy artwork.”
The record features a half glass mix as well as a full glass mix.
The vinyl revival is well underway, so it’s the perfect time to see if there’s money to be made from your old collection of LPs.
But spinning a decent profit from your records can take a little more effort.
There are many factors to think about, including when the record was made, how many were released, the condition and how many people might want to buy it.
The marketplace can be a bit of a minefield if you don’t have specialist knowledge, though.
If you do want to call in an expert, there are different routes to go down.
An auction house takes a cut after the item goes under the hammer, so he wants to achieve the best possible price for the items.
Once you’re ready to sell, you may find it pays to get some expert help.
But if you’re happy to go it alone, a huge number of records are sold on eBay.
Remember, the more obscure the band or the genre, then the more valuable the record is likely to be.
If you have a first edition of a band or artists’ first album then you could be be onto a winner.
A unique edition of Led Zeppelin’s self titled first album, for example, could be worth more than £1,000.
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Meanwhile, we revealed the most valuable and rare cassette tapes worth more than £3,700 revealed – do you have one?
Plus, an antiques expert told us how you could have £2,000 hidden in your attic.
