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Collecting Awards

Going For Platinum

There are many record awards issued by different countries, but the most well known and most collectible is the record award given by the Recording Industry Associating of America (RIAA). Unfortunately there has been some controversy with award. Many claim that the sales award does not clearly indicate the true number of albums sold. Often record companies apply for these awards even before the designated 500,000 or 1,000,000 albums is sold. In addition, there is controversy of whether or not records sold through discount clubs such as BMG or Columbia House should be counted as sales. However, whatever your stance, the following page is designed to help you authenticate the existence of an award. The authentication section of this page can also be found on the RIAA website. The pictures were taken from the now defunked website of Merit Adventures, a dealer in music memorabilia.

Before we get to the authentication, we would like to address some questions that we had when we purchased two record awards by Radiohead.

 

Frequently asked questions:

  1. Who receives these awards?
  2. Are awards ever presented to a band as a whole?
  3. How many of each award (gold/platinum) are made?
  4. How much should I pay for an award?
  5. Can there be more than one design for the same award?
  6. What does gold mean?
  7. What does platinum mean?
  8. Who makes the award?
  9. How can I authenticate the existence of an award?
  10. I have an award that is damaged, can I fix it?
  11. What is an In-house award?

 

1.  Who receives these awards?

Record awards are given to members of the band, producer of the album, important label executives such as the head of the promotions department, and a few radio stations that help to promote the album. It is very rare to find an award that was actually presented to a person in the band.

2.  Are awards ever presented to a band as a whole?

Remember that it is very difficult to split an award five ways in a band like Radiohead which has five members. It is likely that if you find an award of this type that it is a counterfeit.

3.  How many of each award (gold/platinum) are made?

The number of awards that are made varies but the average is between 12 and 15.

4.  How much should I pay for an award?

We believe that this is a personal choice. To help you make your decision, keep in mind that it costs at least $80 for each certified award that is given out. The white matte awards are the most rare awards. If an award is a presentation award this may also affect the price. These are usually more extravagant/fancy compared to the normal awards. They may include a custom design, and may drift from the typical format. Presentation awards may be presented to a record company, and not necessarily one particular person. Presentation awards may include a custom silk-screened plexiglass cover as opposed to plain plexiglass.

5.  Can there be more than one design for the same award?

Yes. It is not uncommon for there to be more than one design for the same award. For more popular artists there may even be four different designs.

6.  What does gold mean?

Gold signifies that 500,000 copies of an album have been sold.

7.  What does platinum mean?

Platinum signifies that 1,000,000 copies of an album have been sold.

8.  Who makes the award?

There are a limited number of framers who make these awards. They are given a special license to produce these awards.

9.  How can I authenticate the existence of an award?

Earlier awards come with an engraved gold plate with RIAA certified logo. Later awards have a holographic plate which are easier to counterfeit. A common method of counterfeiting is to use the plates from less collectible awards and produce fake awards. Current awards have a holographic plate along with a serial number. Unfortunately the serial number can be wiped off easily. This can only be done if someone were to open the award and tamper with surface of the plate itself. Awards usually also have a sticker on the back telling who made the award.

10. I have an award that is damaged, can I fix it?

We recently purchased two awards. Upon arrival in the mail, the plaque on one of the awards was jarred loose. We called the company who originally made the awards and they were able to fix the award for free. The award is basically as new, the only difference being that the paper backing was redone and their is no longed the sticker of the manufacturer affixed to the back. As a result, we can still sell the award as M-. It is important not to tamper with the award, for instance by ripping off the paper backing even though it is already torn. Such defects are easily correctable. We suggest taking the award to the original manufacturer.

11. What is an In-house award?

In-house awards are awards presented by the record company, without the RIAA certification. By not getting an RIAA certification, the record company is able to save money on making the awards.

 

Authenticating awards:

style 1: 1964-1974"White Matte" (1964-1974) - The plaques were an off-white linen material displayed in an unpainted, finished wood frame. The dedication on the plate was engraved with an etched RIAA seal and a mini-cover of the LP was mounted separately from the plate.

 

"Floater" (1975-1981) - The award background was usually black matte enclosed in a wood frame painted either gold or white. The disc and plate appeared to "float" between the background and a layer of Plexiglas. The mini-cover of the LP was mounted separately from the presentation plate.

 

style 2: 1982-1984"Strip-Plate" (1982-1984) - The award background was dark. Unlike previous awards, the mini-cover of the LP was included on the presentation strip plate. These awards were also the first to contain either a gold-or-silver plated cassette, acknowledging the increasing contribution of cassette tapes toward sales. The cassettes were located either directly beneath the album disc or on the LP itself.

 

style 3: 1985-present"Hologram" (1985 to present) - An RIAA holographic seal incorporating the RIAA logo has appeared on all RIAA plaques since March 1985. The hologram is used to prevent unauthorized duplication of awards, and usually appears on the presentation plate along with the dedication and mini-album cover.

style 3 presentstyle 3 present

Two awards from the nineties. The one pictured on the left is an earlier design where as the one on the right was more common in the late nineties. There are also custom designs which became more prevalent in the nineties.

After the hologram style of awards was introduced, the traditional size and style restrictions for awards were relaxed, giving record companies more freedom in choosing a design for a particular award. Customized awards and impressive designs, which now include the CD configuration, are a collaborative effort on the part of the record label and the licensed plaque manufacturer. The collectible value of these awards depends on a number of factors including the artist, title, presenter, format and condition of each award. For more information on collecting Gold and Platinum awards, see "Goldmine's Price Guide to Collectible Record Albums," 3rd Edition.

Going For Platinum
There are many record awards issued by different countries, but the most well known and most collectible is the record award given by the Recording Industry Associating of America (RIAA).

Terms to Keep In Mind
Ever wondered what it meant when an online store or a person listed an item for sale as a CD5 UK promo CD-R-acetate with no inserts?

Part I: What You
Do Not Know May Hurt You

Grading music collectibles is very subjective. There are a wide variety of scales that people follow in order to grade their goods.

Buyer Beware
Some simple tips to prevent from getting burned on a bad online deal.

Condition Is Everything
Keeping your collectibles in prime condition is the key to retaining the value of your most prized music collectibles.

 

 

 


 

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