What’s Your Record Collection Worth? [PHIL-OSOPHY]

What goes around comes around, like Mighty John Marshall, "The Record Guy," of MoneyMusic.com. He will call into my show on Friday, March 5 at 8:45 a.m. to give you an on-the-spot appraisal of your 45s and LPs.

It's that simple and easy. Before you play them again, make sure you're not holding a semester of college tuition in your hands.

Aside from giving appraisals, Mighty John will give us his top 10 list for March, including Jimmy Buffett's Havana Day Dreaming which includes the song, "Please Take Your Drunken 15-year-old Girlfriend Home." It's on the ABC label from 1976, and if you do have it, you're probably holding onto $150.

We grew up playing those records, and no amount of money can replace the great memories of those times, but nowadays, there's a culture of collecting that comes with both new and old vinyl records.

Let me give you one more LP before I ask you to tune in. Do you own a copy of the 1961 RCA LP, The Tokens, "The Lion Sleeps Tonight" in stereo? You just made a quick $150.

The Record Guy is always fun to listen to, with lots of interesting stories about the rock 'n roll stars of those days.

Let me leave you with this gem: about two years ago a woman called in curious about the worth of a certain Beatles album. So John is asking her about this and that on the cover, and something about the label, and before long, he asked her what she thought the album was worth?

She paused and in a soft-tone answered, "Can I get around $900, or something like that?" She nearly dropped the phone when he burst out, "You're holding a very valuable collector's item that someone will easily offer you $25,000 or more for!"

We made her day, so tune in and maybe we can do the same for you.

Phil Paleologos is the host of The Phil Paleologos Show on 1420 WBSM New Bedford. He can be heard weekdays from 6 a.m. to 10 a.m. Contact him at phil@wbsm.com and follow him on Twitter @PhilPaleologos. The opinions expressed in this commentary are solely those of the author.