Do you believe in old is gold? Well, I do. The older, the better, the stronger. In the case of cassette tapes, the idea of old is gold does not work fully. The cassette from the 80s and 90s had their own charisma. But they also used to fade away quickly, not all the tapes but few ones. Despite this, there are thousands of people who collect cassettes for many reasons. Some collect due to their hobby, nostalgia, quality of music, and much more. The reasons are diverse, and in this article, we will talk about, Are Cassette tapes worth anything?
Are Cassette tapes worth anything?
Frankly, on the whole, it is not. The majority of the old cassette tapes are not valuable or can be sold at the same price once purchased. The value of the tapes has a multitude of factors. But the first thing is, the cassette from the 80s and 90s is not produced anymore. That means you will rarely find the old cassettes in the market. But don’t worry; still, there are many old tapes that you can have your hands on. Due to the limited range of tapes out in the market, it becomes a bit collectible as they are scarce; most of the people don’t know them too. If you are a collector and you love to collect vintage tapes, then you will surely get these tapes asap, but if you are an ordinary person who has 7 or $8, then you will think twice to get one.
So if you have noticed, the people who are collectors collect these tapes in a very picky manner. They know the value and resale value of the tape as per the old brand and name of the 90s. I would recommend you, if you have any vintage cassettes at your place, then do check them because you might not be aware of the hidden treasure your grandparents had brought for you (in the form of tapes).
Can Music cassettes increase in value?
Honestly, it is hard to say that tapes may increase in value. Mostly other items increase in value as per the old value they got from. But when it comes to cassettes, things can go down worse. Ki would suggest you take your time and thoroughly analyze the tapes when you purchase them. Non-functioning tapes are of no use and no value too. Every collector wishes to get a tremendous rate of interest in return while they resale the cassettes.
Which music cassettes are the most expensive?
Let me tell you a few of the tapes that have crossed the expectations and are considered to be the most expensive tapes ever. Have a look below and get to know more about them:
- The Prince NPG tapes cost around $1700.
- Elton John Vol 1 Clamsheel 1990 tape cost around $500.
- Porcupine Tree Tarquin’s Seaweed Farm costs around $560.
- Mike Oldfield Platinum Cassette Tape Original costs around $600.
- The Rage against the machine costs more than $1300.
So if you have any of these cassettes, then you lucky my friend because they are sold at par. These cassettes and are sung by the popular band or singers of the 90s. Today, there are duplicates and edited tapes that are being sold. Just imagine the value of the original. The best part is there is no shortage of buyers when it comes to these cassettes as they are extremely collectible.
Should you invest in Cassettes tapes?
Investing in anything depends on various factors and needs of the person. Alike any collector, if the value of any item easily goes up, then investing in it is smart to work. The resale value of that particular product may reach really high. Thus, there is no particular or fixed way to buy a product or not. When it comes to music cassettes, the profit margin definitely decreases and comes down. It is like making a few extra bucks but not the only source of making them and earning a profit, primarily through investments.
If you have some international tapes and you are really keen to know the value, then you can check it online and get to know if you are earning profit or not. You might be in a shock mode seeing cassettes bought in thousands, but yes, some do value more. Every item has a cost; thus, I believe you should give it a shot and try with your cassettes if they value in thousands or not.
It is an excellent idea to resale the tapes if its value is above $100. You can be free form the old tapes and can think of getting something better or something that you always thought of. Online markets can tell you the exact value of the cassette tapes. Amazon, for me, is the most reliable. And also, Amazon has a various range of other cassettes that I may get interested in.
Bottom Line:
In the end, it is your decision whether you want to stick to your tapes or not. Old music cassette tapes are valuable, but not all of them will give you profit. Make sure you understand the rarity of the selected cassettes and think wisely if you want your resale the cassettes or not. If you have high valued cassettes, then you can sell them asap or later too. There might be situations wherein you must have an emotional attachment. So it’s your decision and your call.