Get into the groove of selling and investing in sought-after rare vinyl
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.
"We've seen an increase in sales of collectible stock all over the UK and abroad, especially the US and Japan."says Rob.
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.
Now they employ more than 40 people at a huge HQ in Meopham, Kent, and have agents in the US and Japan, hunting rarities and selling to a growing clientele of private collectors.
Julian says: "Unlike stocks and shares, which have had a pretty unsettled time recently, the collectible vinyl market is stable."
TOP 10 COLLECTIBLE ARTISTS
1. The Beatles
2. Madonna
3. Elton John
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