needlebid

What is needlebid

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The sources highlight two primary ways “wanted records” are handled in the UK market: through dedicated peer-to-peer marketplaces and through specialist dealers who maintain specific “always wanted” lists.

NeedleBid: A Marketplace for Wanted Records

NeedleBid is a platform specifically designed to facilitate transactions based on what buyers are actively seeking.

  • Buyer Role: Users can post records they want and wait for sellers to contact them with offers.
  • Seller Role: Dealers or individual sellers can browse the “Wanted Records” list and submit offers directly to potential buyers.
  • Current Status: The site is currently in a Private Beta testing phase, meaning transactions and offers are currently test data.

Dealer-Specific “Always Wanted” Lists

Professional dealers like eil.com (Esprit) and VIP Record Fairs actively seek specific types of vinyl to replenish their stock.

eil.com (London Buying Office)

The London office, managed by Stephen Franklin (Syd), maintains a detailed list of artists, labels, and genres they are constantly looking to purchase.

  • Condition Requirements: They primarily seek original vinyl LPs and 45s in Mint or at least Excellent condition.
  • Wanted Labels: Key labels of interest include Apple, Atlantic, Blue Horizon, Columbia, Decca, Harvest, Parlophone, and Vertigo, among many others.
  • Wanted Artists: There is a heavy focus on 60s and 70s legends such as The Beatles, David Bowie, Jimi Hendrix, Led Zeppelin, Pink Floyd, The Rolling Stones, and The Who.
  • 80s/90s and Beyond: They also want limited edition 12″s, picture discs, test pressings, and rare CD singles (both 3″ and 5″) from the 1980s and 1990s.
  • Memorabilia: Beyond records, they are looking for concert posters, tickets, tour programs, and original artwork.

VIP Record Fairs

VIP Record Fairs also has a dedicated “Vinyl Records Wanted” department that focuses on purchasing entire collections. They emphasize a “Fast, Fair, Hassle-free” process for those looking to sell large volumes of records at once.

Selling Strategies for “Wanted” Items

For collectors with desirable items, the sources suggest that selling directly to specialist dealers can be more efficient than listing items individually on general auction sites. Dealers like eil.com argue that selling to them avoids the “daunting and time-consuming task” of creating dozens of separate listings, dealing with buyer questions, and managing the risks of postage damage or fraud.

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