Saturday, August 23, 2008

World's Largest Record Collection-Update

Pittsburgh-area record collector shuts down store


PITTSBURGH — A Pittsburgh-area record collector who hoped to sell his vintage vinyl for at least $1 a record has instead, bitterly, closed up shop.

Paul Mawhinney locked up his Record-Rama Sound Archives for good on Thursday, saying he's been squeezed out of business by the recording industry and big-box retailers who can sell compact discs for about two dollars less than his wholesale cost.

Mawhinney stopped buying CDs in 2002 and sold off his 300,000-disc collection in recent weeks. But efforts to sell more than a half-million albums, a million more 45 rpm singles, and thousands of tapes foundered. One buyer went bankrupt while another on eBay turned out to be bogus.

The 68-year-old started collecting records in 1951 when he bought a Frankie Laine single called "Jezebel."

Let's hope this masterpiece of music finds a permanent home very soon.

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