1. Rarity: The rarity of a bootleg LP can significantly influence its value. If it is a limited-edition pressing with few copies in circulation, its rarity may increase its value.
2. Condition: The physical condition of the LP can affect its value. An LP in excellent condition with minimal wear or damage will be more valuable than a worn-out or damaged copy. Factors like the condition of the vinyl record itself, the album cover, and any inserts or additional materials included with the LP can all impact its value.
3. Popularity and demand: The popularity and demand for Elvis Presley memorabilia, particularly rare or unusual items, can also influence the value of a bootleg LP. If the recording features unique or previously unreleased gospel performances, its value may be higher due to its appeal to collectors and fans of Elvis Presley.
4. Authenticity and provenance: The authenticity and provenance of the bootleg LP can also affect its value. A bootleg LP with a clear history and verifiable sources may be more desirable to collectors and command a higher price.
5. Market conditions: The overall market conditions for Elvis Presley memorabilia can fluctuate over time. Factors such as changes in market trends, shifts in collector preferences, and the release of new Elvis Presley-related material can impact the demand and value of bootleg LPs.
Given the potential factors influencing the value of a bootleg LP of Elvis Presley singing gospel songs, it is difficult to provide a precise valuation without examining the specific LP and considering these factors. To determine the accurate value of such an LP, it is advisable to consult with reputable experts in the field of music memorabilia or collectibles to get a professional assessment.