FAQ

Frequently Asked Questions

How the data works, what it means, and what its limits are.

Free vs Pro

What is free, and what requires Pro?

Free includes a full Discogs import, live market prices for your top 1,000 records, 7-day sparklines, top 3 movers, sales history on every record, and the full record detail page. Pro (€3.99/mo) adds prices for up to 10,000 records, P&L tracking vs purchase price, the full movers leaderboard, portfolio value chart, Stats page, For Sale page, sell candidates, sleeping giants, and CSV export. Dealer (€29/mo) is for record stores: unlimited records, mispricing reports, bulk reprice exports, and inventory tools.

Why is sales history free?

Sales history shows what buyers actually paid for a record. It's one of the most useful things in the app and we keep it free so every user has it from day one. Asking price and sale price are often very different, and that gap tells you more about a record's real value than any listing price.

What does P&L tracking unlock?

Add a purchase price to any record and Pro shows the profit or loss per card, your total unrealised gain/loss across the portfolio, and P&L sorting in the movers leaderboard. You see which records have gone up, which have stalled, and whether you bought at a good price.

What are Sell Candidates and Sleeping Giants?

Sell Candidates are records with a high market price relative to what you paid, rising demand, and shrinking supply. Sleeping Giants are records with a high want count but very few copies currently listed for sale. Both are Pro-only filters in the collection view.

What is the Stats page?

The Stats page (Pro) shows portfolio value over time, your biggest gainers and losers with full price history, and breakdowns by format, decade, country, artist, label, and price range.

What is For Sale intelligence?

The For Sale page (Pro) shows your active Discogs listings against the current market price, sorted by how far above or below market you are priced. Useful for spotting records you have underpriced or that are not moving because they are listed too high.

Can I cancel Pro at any time?

Yes. Tap the gold star Pro badge in the top right of your collection. That opens the Stripe billing portal where you can cancel in one click. You keep Pro access until the end of your current billing period. Questions: hugo@waxtracker.app.

I'm a serious collector. Is Pro worth it?

If you track 50 or more records and want to know what they're worth relative to what you paid, yes. Discogs shows you the current price but not your profit. At €3.99/mo it costs less than a used 7-inch.

Dealer Plan

What is the Dealer plan?

Dealer (€29/mo or €249/yr) includes everything in Pro, plus unlimited records with live pricing, a mispricing report showing stock priced below the current VG+ median sorted by upside, a bulk reprice CSV you can upload directly to Discogs, a stock aging report for listings that have been up 60 or more days, and an insurance export PDF with cover art totalled by format. Dealer accounts get a badge on their public WaxTracker profile.

I run a record store. Is WaxTracker useful for me?

Yes, specifically Dealer. Connect your Discogs seller inventory and WaxTracker prices every record in your stock daily. The mispricing report shows what you have listed below the current market median. The bulk reprice CSV updates Discogs in one upload. The stock aging report shows what has not sold in 60 or more days. It is not a POS system, but it makes it easy to see where your pricing is off.

Market Value & Pricing

What is "Market Value"?

Market Value is the median asking price for a VG+ copy of that record on the Discogs marketplace, updated daily. VG+ (Very Good Plus) is the Discogs standard for pricing and represents the most common tradeable condition for vinyl.

Why is Market Value based on listing prices, not actual sales?

Because listing prices are what you compete against as a seller. If 20 copies are listed at €30, that is the market you are entering. What buyers actually paid is shown separately in Sales History on each record's detail page.

Why does my record's Market Value look unrealistically high or low?

A single outlier listing can skew the median. One seller pricing a common record at €200 will pull the number up even if every other copy is listed at €25. This is a limitation of listing-based pricing. When this happens, check the Sales History, where actual completed sales give a more accurate number.

My record shows no Market Value. Why?

No copies of that pressing are currently listed for sale on Discogs, or the release has no marketplace data yet. This is common for rare pressings and regional releases. The value appears as soon as a copy is listed.

How often does Market Value update?

Daily. Our price fetcher runs continuously. Records in your collection are prioritised and refreshed every 24 hours.

What condition is Market Value based on?

Always VG+ (Very Good Plus), the Discogs standard for pricing. If your copy is in better or worse condition: NM copies typically sell for 20-40% more than VG+, and VG copies for 20-30% less.

Does Market Value account for where I am in the world?

Discogs pricing skews European. Most listed prices are in EUR and the marketplace is most active in Europe. If you buy or sell in the US, Canada, or Japan, prices may reflect the European market more than your local one. WaxTracker has a built-in currency converter covering EUR, GBP, USD, CAD, JPY, and more. Tap the currency selector next to the price mode toggle on the dashboard.

Sales History

What is Sales History?

Sales History shows completed transactions from the Discogs marketplace: the price paid, the condition of the copy, and the date. Unlike Market Value, which shows what sellers are asking, Sales History shows what buyers actually paid.

Why does Sales History sometimes look very different from Market Value?

Asking price and selling price are not the same thing. A record with a €50 median listing price might have a sales history showing copies consistently selling at €25-30. That gap tells you whether the listed price is realistic.

What is the "Sold 90d" price on the record detail page?

The median price of all completed sales for that record on Discogs in the last 90 days. If fewer than 5 sales exist in that window, it is shown but flagged as low-confidence.

How often does Sales History update?

Records you add are scraped the following day. Every Sunday, all records in your collection get a full refresh.

Why do some records have no Sales History?

Not all releases trade regularly on Discogs. Rare pressings, regional releases, or records that almost never change hands will have sparse or no transaction history. It usually means the record is either very scarce or not in demand.

Your Portfolio & P&L

How is my total portfolio value calculated?

It is the sum of the current Market Value (VG+ median listing price) for every record in your collection. Records with no market data on Discogs are excluded. This represents what your collection could fetch at current asking prices, not a guaranteed sale value.

How is P&L (profit/loss) calculated?

Market Value minus your purchase price. If you paid €15 and the record is currently listed at €40, your unrealised gain is €25 (+167%). You need to enter a purchase price on the record for P&L to show. We never estimate what you paid.

What does "unrealised" mean?

Unrealised means the gain or loss exists on paper. The record has changed in value but you have not sold it yet. Once you mark a record as sold and enter a sale price, P&L becomes realised.

What currency does WaxTracker use?

WaxTracker has a built-in currency converter covering EUR, GBP, USD, CAD, AUD, CHF, JPY, and Scandinavian crowns. Rates are pulled from the European Central Bank daily. The underlying Discogs data is in EUR, conversion is applied on display.

Data Sources

Where does WaxTracker get its pricing data?

Currently from Discogs, the world's largest vinyl marketplace with over 16 million releases. Market Value comes from the Discogs marketplace API. Sales History comes from completed transaction data on Discogs. We are looking at adding eBay completed sales as a second source, which would help for rare records where eBay is the main trading venue.

Why only Discogs and not eBay, Bandcamp, or record store prices?

Discogs has the most structured, release-specific pricing data for used vinyl. Listings are tied to exact pressings, not just album titles. eBay is the most relevant second source and is on our roadmap. Store prices from Juno, Dusty Groove, and similar sites reflect retail and new stock, which is not useful for valuing a used collection.

Is WaxTracker affiliated with Discogs?

No. WaxTracker is an independent tool that uses the public Discogs API. We are not affiliated with, endorsed by, or partnered with Discogs. "Discogs" is a trademark of Zink Media, LLC.

How accurate is the data?

As accurate as Discogs. WaxTracker does not adjust, estimate, or interpolate any prices. We display what Discogs reports. If a price looks wrong, it is usually an outlier listing skewing the median, or a mismatch between the pressing in your collection and the release ID on Discogs.

Can I trust WaxTracker prices for insurance or valuation purposes?

Yes. The Dealer plan includes an insurance export PDF: a date-stamped document with VG+ market value per record, cover art, and totals by format. Most home insurers accept this as a collection valuation. For Free and Pro users, WaxTracker prices work well as a reference point. Our data reflects the Discogs secondhand market at a point in time, not replacement cost or auction estimates.

WaxTracker - Your vinyl, tracked like a portfolio.