The rarity of the model, condition of the phonograph and the rarity of the finish affect the value of a Victor Victrola antique phonograph. The strength of the economy is also a factor in determining the selling price.
Between 1906 and 1929, Victor and Victrola phonographs were mass produced, and, therefore, many phonographs are still in circulation, especially the most popular models, such as the Consolette, VV-VI, VV-IV and VV-IX. As a result, these models hold less value, unless they are in mint condition. Rare models, such as the Victrola VV-107, may hold more value to serious collectors because the company only produced approximately 1,000 units of this model.
One of the most important factors affecting price is the condition of the phonograph, with mint original condition phonographs worth considerably more than a phonograph of average condition. If the Victrola comes in its original packaging, this may also increase the price.
Victrola phonographs commonly contained oak or mahogany finishes. Therefore, phonographs composed of these materials are typically less expensive than ones with exotic finishes, such as walnut, custom painted or hand-painted factory finishes, as the company only produced these in small quantities.
If the economy makes a downturn, this may result in cheaper prices and better deals on phonographs. Online auctions sites such as Ebay may also affect the price by providing greater accessibility to phonographs not previously seen, thus decreasing the asking price.