The problem is he can’t rid himself of it. For the last three years, the 89-year-old has been trying to sell the entire collection, more than 300,000 records, to one lucky bidder. Gershenz’s attorney said a conservative estimate places the value of the collection at $1.5 million; an average of $5 a record despite the amount of rare items he boasts, including original Edison cylinder recordings.
“Every month or so there is somebody who’s interested. But there’s never anybody who’s really interested,” Gershenz says from behind a desk piled with records he’s preparing to ship. “People are biting. But nobody seems to have the money, the place to put them, or knows what in the hell to do with over a quarter million records.”