The value of a vinyl record hinges on the rarity of the record as well as its condition. Price estimates are available on online price guides such as MusicPriceGuide and in price guides at some record and book stores and libraries.
Most used records have little value, and those in mint condition fetch the highest prices. Factors such as the lack of a sleeve, the presence of scratches or marks on the record, and poor audio quality all depreciate the value of a record. The recording artist also has an impact on the record's value. For instance, a rare Beatles record is worth more than a record by an obscure artist of the same time period because there is a large market of Beatles fans.