Yes however in order to be able to use it as a deduction you should make sure to donate it to a 501c 3 non profit organization and you can receive a receipt for it.
Got vinyl sell or donate to active vinyl enthusiast.
Get the most value out of your vinyl records by selling directly to collectors on discogs.
I donated over 400 vinyl record albums.
Don t expect a premium pay day as the second hand vinyl business does not make the store owners millionaires but it s a fast and easy way to dispose of your collection.
How to sell vinyl records online.
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Discogs holds information on nearly 6 million vinyl record releases.
How large are these hi fi albums.
The amount it s deductible suggests per album is either 7 or 10 will the irs really accept this amount.
There are numerous ways to sell vinyl records.
It s also a vibrant marketplace where collectors from around the world buy and sell records.
Vinyl for the people offers vinyl conversion service which converts your lp s to high resolution digital files for playback on your home or portable systems.
If you can find what more experienced sellers got for records identical to yours in terms of edition and quality then this will give you a good idea of what to set your asking price as.
Norah jones come away with me.
Verna gillis a record producer and talent manager for musicians owns a large collection of about 6 000 vinyl records 3 000 of which are jazz.
If you ve got say 50 or more lps they should be interested in taking your collection off of your hands.
Today there are over 1 7 million active listings on ebay under the search term lp s music aficionados also search record stores amazon newspapers and flea markets.
Discogs is committed to being open source which.
Vinyl records were created decades ago with the first developed around the time of 1890 according to 78rpm.
Early vinyl records spun at an rpm speed of 78 until 1949 when 45 and 33 rpm s were developed.
Try searching the historic selling data of sites like discogs or popsike.