MusicGoldmine.com® is a premier online retailer of music memorabilia. It boasts the largest selection of pre-owned genuine RIAA record awards in the world along with a carefully curated selection of other record awards (in-house along with other territory awards such as BPI, CRIA, ARIA, etc.), artist-autographed items, posters, ephemera, vintage concert apparel, collectible vinyl, tapes and CDs, and more.
Music memorabilia is highly coveted by music fans and collectors and it has become a growing market with numerous niche opportunities like the one that MusicGoldmine.com has served since launching in 2019. According to Altan Insights, who released a report in 2023 analyzing market trends entitled “Music Memorabilia Guide to the Market”:
“Music memorabilia is a loudly sleeping giant. Backed by legions of fans devoted to their artists of choice, the music memorabilia category is capable of generating headline sales of museum-quality assets, and it does so frequently. Iconic artists serve as the soundtrack to our lives, establishing deep emotional bonds that foster nostalgia, and that nostalgia inspires collecting pursuits.”
Carving a clear niche by providing guides, articles and more to help collectors ensure they are buying genuine memorabilia, along with a carefully selected inventory that taps into the most prevalent collector interests, MusicGoldmine.com continues to see strong year-over-year growth. While consignment is an option for high value items, the business model typically sees the company purchasing its’ inventory outright and currently over 95% of inventory is company-owned. The company employs a multi-faceted marketing approach including web and social advertising, online retail, auctions and other sales channels and promotion.