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Last Post Jul 3, 2009 7:15 PM by: kentworld
Replies: 33
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retired-navy
Posts: 54

Michael Jackson E.T. Shrink-Wrapped Album

Jun 27, 2009 11:11 AM
I am posting this inquiry on several Groups and Forums in an effort to determine the value of two significant pieces of rare Michael Jackson (R.I.P) memorabilia and where I might have one of them authenticated.

Back in 1982, Michael Jackson teamed with Steven Spielberg, Quincy Jones, and MCA Records to narrate an E.T. The Extra-Terrestrial Storybook Album - a double-sided full-length 33 LP with a 20-page booklet and 22-inch square poster included within.

Since Michael Jackson was signed with Epic Records at that time, and since the storybook album was recorded on MCA Records, the album was considered a breach of contract and was pulled shortly after its release.

I possess two of those albums. One of them is in very good condition with pristine book and poster - and the other was never opened and is still in its original shrink-wrap packaging. Four questions:

1. Does anyone know of an appraiser or other expert within the Washington DC/Virginia/Maryland area who would be able to authenticate that the shrink-wrapping is indeed original (1982)?

2. What might be the estimated value of each of these albums?

3. Where might I find collectors who would be interested in the shrink-wrapped album?

4. From a value standpoint, would it be more appropriate to wait for a period of time in order to possibly increase its value and demand?

My daughter was a big fan and we have had these two albums for 27 years. I hope that someone else might now appreciate owning them as part of their collection and remembrance.

Any input that you could provide would be greatly appreciated.

George

retired-navy

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frogger8888
Posts: 13,251
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Re: Michael Jackson E.T. Shrink-Wrapped Album

Jul 2, 2009 6:34 PM
It took you 30 days to think up that wonderful post???



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argentosilver
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Re: Michael Jackson E.T. Shrink-Wrapped Album

Jul 2, 2009 6:39 PM
?:|
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argentosilver
Posts: 1,920
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Re: Michael Jackson E.T. Shrink-Wrapped Album

Jul 2, 2009 6:45 PM
I'd hang on to it for another year, if possible; MJ stuff is going to have a spike right away, then fall off for a while before it comes back. It'll climb steadily after that, if it goes according to what has happened to other celebrity stuff.

I dunno... I think there's just so much of it that was made that it's going to saturate the market for a looooong time. It's hard to say on these things. I mean, maybe after 20 years or something like that...If I were George I think I'd sell the MJ stuff and buy some Gold.

All my favorite talk show hosts highly recommend it!
:-p
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antiquarianmadness
Posts: 7,884
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Re: Michael Jackson E.T. Shrink-Wrapped Album

Jul 2, 2009 7:12 PM
Actually, the death of MJ will stimulate the collectibles quadrant of the economy which will help the overall economy. Ad sales revenue is up this past week as more viewers turn on the tv/internet to read about his death and that is good for the economy too.

I felt true sorrow when Princess Diana passed, MJ, not so much. Except his music got the toes a tappin'.
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zippershark
Posts: 6,649
(19 of 33)

Re: Michael Jackson E.T. Shrink-Wrapped Album

Jul 2, 2009 7:16 PM
George: I wont get into the ethics of selling it or not selling it, as that is essentially out of the boundary of your query.

Whatever you DO, DO IT FAST. this won't last longer than a week to two weeks and it will be over. I doubt that it will return with any fervor at all. I have sold vinyl for 30 years and have seen this happen time and time again. Don't bother getting it "authenticated:", if there is a way to tell new shrink wrap from old, I am not privy to it. Most scammers who reseal LP's do it with the knowledge that the buyer is NOT going to break the seal and discount the value, so no worries there, especially since you know the truth!!!
What you MIGHT do to get a ball park price is check POPSIKE.COM, it is a vinyl pricing site used by most record dealers, and if they are current in their listings, you might get a feel for what they are worth, Again, I would suggest that you DO NOT WAIT, sell these now, if that is your desire. This time next month you will take a real hit if you wait to list them. Vinyl generally finds it level in here. Be sure and charge $26.50 for international shipping, and insure them, because they will, in all probability, sell in Europe or Japan. Wishing you the best possible outcome!!!
Best,
Zip

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antiquarianmadness
Posts: 7,884
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Re: Michael Jackson E.T. Shrink-Wrapped Album

Jul 2, 2009 7:45 PM
I had a sealed low number White Album and you would not believe the emails accusing me of resealing/wrapping, etc. I know it was right because I found it for a dollar in a grandparent's lp collection with similar sealed lps-some with original store bags. What sorta saved me was the store's lable ...but then one guy accused me of having one of the label machines and printing fake labels! It only brought about $300 because those guys are like a bunch of scared old ladies on kitchen chairs with a mouse scurrying about.

(I don't mean you Zip).
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argentosilver
Posts: 1,920
(21 of 33)

Re: Michael Jackson E.T. Shrink-Wrapped Album

Jul 2, 2009 8:00 PM
See, I would think that 'old' wrap might be detectable through various black light comparisons...or am I out in left field?
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kentworld
Posts: 8,082
(22 of 33)

Re: Michael Jackson E.T. Shrink-Wrapped Album

Jul 3, 2009 9:15 AM
Take Zip's advice -- he's the board expert in this field! Take the money and run, I wouldn't worry about ethics in this situation -- hardly anyone is, it seems. (The whole Jackson family seems out in left field to me, but JMHO...) :)Wendy
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timetospare4me
Posts: 885
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Re: Michael Jackson E.T. Shrink-Wrapped Album

Jul 3, 2009 9:47 AM
I second that Wendy, Listen to ZIP!!!
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retired-navy
Posts: 54
(24 of 33)

Re: Michael Jackson E.T. Shrink-Wrapped Album

Jul 3, 2009 11:16 AM
Thanks Zip - and to those who followed to verify your expertise.

I have reviewed popsike.com and I appreciate your pointing me to this site. This is far more revealing than some of the printed record guides that I have purchased recently - that don't seem to cover what I thought they would include.

I wonder if there are other similar sites that I could be looking at? I have a large number of old records that I haven't even checked out yet. From what little I've seen in Popsike, I might have a small fortune in some of these boxes, including early 1900 shellacs.

Thanks for your time and knowledge! You've kindled my interest in this area.

George

retired-navy

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postnlurk
Posts: 650
(25 of 33)

Re: Michael Jackson E.T. Shrink-Wrapped Album

Jul 3, 2009 12:45 PM
> $$$ is all you see.
> A person, regardless of who it is. is dead.

>
> Yes, you are correct: every minute of the hour, every hour of the day, every day of the week, every week of the month, every month of the year, every year this decade, every decade this century, every century this millenium and on and on, somewhere, a person is dead...many thousands of people die every day.
>
> Elvis is dead, too, as are many thousands of other celebrities whose memories are marketed in the form of memorabilia and other merchandise. To call for a moratorium on selling merchandise associated with any particular person is silly. There are many hundreds of websites, blogs, etc. dedicated to the purpose of mourning, moaning, pining, whining, whatever for the celebrity of choice. Meanwhile, eBay is a marketplace- that's its purpose. To confuse the purpose of the two venues is silly.
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postnlurk
Posts: 650
(26 of 33)

Re: Michael Jackson E.T. Shrink-Wrapped Album

Jul 3, 2009 12:49 PM
I was so upset that I didn't post my question correctly. Apologies for the repeat of another post but:

Elvis is dead?
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ryanb9951
Posts: 760
(27 of 33)

Re: Michael Jackson E.T. Shrink-Wrapped Album

Jul 3, 2009 1:26 PM
LOL....Postnlurk, I'm sorry you had to find out this way.......I hope you aren't one of those folks with "debilitating emotional links to celebrities"....

(Thanks OP, for one of my new favorite phrases-it's pretty perfect in my book.)
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zippershark
Posts: 6,649
(28 of 33)

Re: Michael Jackson E.T. Shrink-Wrapped Album

Jul 3, 2009 1:59 PM
Hi George!! Thanks for the kind words! I haven't used print price guides for years other than to identify pressings, etc. The price information is outdated at printing and the vinyl market swings wide, high, and fast.
Hey Madness! You are right on and the percentage of discovered repackagers have hit the "still sealed" market hard, Otherwise you would have done somewhat better on your Beatles LP.
Record pricing is a rather difficult thing and is based on vinyl and cover condition, pressing order (which is sometimes a journey through the arcane) and of course, desirability; supply and demand.
What was valuable two years ago maybe worthless today and pricey again two years from then. Bruce Springsteen material is an excellent example of how fickle the market can be in pricing an artists discography.
You might purchase of the Osborne price guides just for the dealer information and guide to grading record condition.
In terms of other resources,, with many single artists there are web pages, fan sites, etc., and that is also true of genres such as rockabilly, R & B, rock, etc. People who haunt these sites seem to have little else to do but research the most obscure facts about any artist or pressings and are usually more than willing to help a neophyte collector or dealer.
Good luck with your LPs and if I can be of further assistance, dont hesitate to ask!!
Best,
Zip

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retired-navy
Posts: 54
(29 of 33)

Re: Michael Jackson E.T. Shrink-Wrapped Album

Jul 3, 2009 4:38 PM
Good luck with your LPs and if I can be of further assistance, don't hesitate to ask!!
Best,
Zip


I certainly will, Zip, and thanks for being a breath of fresh air. See you down the line.

George

retired-navy

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