it's heartbreaking to see that the world doesn't care or give a damn about saving it for future generations. that is depressing. but I am not gonna throw my life away because everyone out there is sleeping. i've already given my life to this collection. if nobody out there understands what i've done and what i have and what i've offered, then we have to give it up.
paul mawhinney has diabetes and is blind. he has over 1 million of LPs in his collection and he is asking 1.5mil lock stock and barrel. he has already closed his record shop record-rama early this year.

claimed paul : "eighty-three percent of the music that i have on those shelves you can't buy at any price, anywhere!"

apparently his collection is worth 50mil but paul is willing to let go at 3mil and yet there is no buyer. the truth is, paul has been trying to sell his collection for at least a decade. cd now offered him $28.5 million for the collection, before going bankrupt. That was in 1997.

In 2002, negotiations with the library of congress also fell through.

paul is heart broken. he couldn't believe that there is no music lover serious enough in buying.

we would like to know:
[1] what kind of titles does paul has? could they be so old that it is only good for historical and archival purposes? most importantly, do these titles attract the typical audiophile/vinylphile, who is the only buyer of LPs nowadays?
[2] does paul sell piece meal, instead of lock stock barrel. if so, what is the average price per piece?

we are not trying to be cynical, there must be reasons why those records are not moving.

having said that, if audiophiles don't like his titles because the recording is not good or they don't make it into the HP's list, then it is really a sad day for music.

3 comments:

kam said...

Those are very good and valid questions you put up MaggieLurva.

coco said...

I think he was just being greedy..

If he really love music he should donate it for free ,let everyone else enjoy them

Andrew Saw said...

What a shame. Hope he manages to find a buyer..