Think most vinyl collections hark back to the past? Think again; think Modern New, in fact. Recordings by Keane, Muse, Gorillaz and Christina Aguilera, if snapped up on vinyl, can be worth increasingly huge amounts of money. A definitive modern list is to be released later this week.
So, why the sudden interest? %VIRTUAL-SkimlinksPromo%
Crackle and (modern) pop
Tomorrow Record Collector magazine releases a list of what it considers to be modern rarities - Kate Bush's 2005 Aerial album is likely to make the list, as is Keane's Hope and Fears album, plus Blur's Blur 21 box set. The Actic Monkeys Five Minutes With (2005) also looks likely to make it.
"Few people realise," quotes Record Collector editor Ian McCann in the Mail, "that more recent vinyl albums can also be highly collectable."
Many fans remain desperate to obtain copies of albums by Radiohead, Arctic Monkeys and Keane he says "as they were only pressed in very limited numbers because most buyers wanted these albums on CD or as downloads."
Clearly it's about supply, limited original print runs - and demand. Compared to modern technology, you can't really sell an MP3 track or your shuffle collection.
Some may be regretting trading in, or throwing away, their old vinyl. Many audiophiles continue to think that vinyl offers better audio quality; that it's warmer, and less 'perfect'. Increasingly, some vinyl recordings are seen as investment-grade, on a par with some wine and art - though bear in mind it's subject to fashion, as well as supply and demand.
The definitive list will be released shortly by Record Collector Magazine. A list of current top vinyl values are listed below (subject to change). Vinyl recordings from the Spice Girls and Abba are also increasingly rising in value.
Bob Dylan - The 50th Anniversary Collection (4xCD-R, 2012) - £600
Led Zeppelin - Soundtrack from The Song Remains The Same (4xLP, 2008) - £500
Metallica - Death Magnetic (5x12-inch single, white vinyl, 2008) £500
The White Stripes - Get Behind Me Satan (LP, 2005) £150
Coldplay - Viva La Vida (Or Death And All His Friends) - (promo LP, 2008) £80
The 10 most expensive music videos of all time
Vinyl gets modern - and brings high returns
The video was directed by Mark Romanek, featuring the siblings escaping from earth and all its media stresses on a very white space ship. It cost an astonishing $7 million back in 1995. Nowadays that works out at roughly $10.5 million. The lighting alone was said to have cost $175,000, and the computer-generated spaceship was hardly a bargain either. The fact that the whole shoot took 11 days meant the costs escalated.
Madonna's 2002 video for her James Bond theme song was directed by Swedish outfit Traktor and cost $6.1 million at the time. That's $7.8 million in today's money. The Bond-style imprisonment, and subsequent fencing duel featuring Madonna fighting herself, meant that every shot of the film involved video effects.
Madonna chose to express herself through the medium of a $5 million video directed by David Fincher (who went on to direct Fight Club and The Panic Room). That works out as $9.3 million today. The video featured a host of controversial representations of power and gender - as well as a city full of skyscrapers - which was expensively produced. It was apparently inspired by the 1927 film Metropolis.
In 1995 Madonna blew $5 million on the video for Bedtime Story, directed by Mark Romanek, the king of expensive videos. That would be worth $7.5 million today. The enormous number of digital effects means that although shooting lasted six days, post-production dragged on for week after expensive week. The final result was one of her most experimental, and is kept by a number of art museums and galleries.
Michael Jackson's 1991 hit came with a John Landis video which cost $4 million to make, which is $6.7 million in today's money. For his cash he got appearances from Macaulay Culkin and Tyra Banks, and a whole heap of computer generated transformations. Turning a panther into Michael Jackson doesn't come cheap.
The Guns 'n' Roses video was directed by Andy Morahan in 1993 and cost $4 million. That works out at $6.4 million today. The huge cost has something to do with the fact that the video is ten minutes long, and attempts to tell the story of separation and divorce through epic scenes. These include the band boarding a transport aircraft, Axl Rose jumping off the deck of an oil tanker, and Slash rising from the bottom of the ocean.
The Puff Daddy track featuring Notorious B.I.G. and Busta Rymes featured a video by Marcus Nispel, which cost $2.7 million in 1993. That's $3.8 million today. It's another epic, at eight minutes long, and includes appearances from Dennis Hopper and Danny DeVito. The creation of the streets of 3002 AD, building a helicopter and blowing it up, the stunt men and pyrotechnics were all major costs.
MC Hammer's 1991 hit had a video by Rupert Wainwright, which cost $2.5 million at the time. That's $4 million in today's money. Hammer gained a reputation for knowing how to spend money, and this video is no exception. The appearances by everyone from James Brown to James Belushi,the special effects and the pyrotechnics all add up.
Mariah Carey (featuring Jay-Z) spent $2,5 million on a Brett Ratner video in 1999. That's $3.4 million today. It has been called a 'mini chic flick', and features Carey both as herself, and as the woman seeing her boyfriend in secret. The sets (including renting a cinema and a mansion), the cast, the appearance of Jerry O'Connell, and the animated sequence all added to the cost.
Busta Rhymes (featuring Janet Jackson) spent $2.4 million on a Hype Williams video in 1999 - which is worth $3.9 million today. A major cost has to be the computer morphing again, which sees the singers repeatedly morph into various forms. Busta's glass costume was also said to have cost $40,000.