There has been a good deal of discussion about the quality of vinyl vs. the quality of CDs.
With regards to the actual $ value of vinyl, it should be noted by the newer members that they have very little value when it comes to selling them or buying them in 2007. And the greater the size of the collection; the less each item is worth if they are just counted. This was explained to me (at length) by a record dealer who supplied me with so many of the "Promo" 45EPs, and 45 singles that were not yet released on CD in the early 1980s. (He made buying trips to Europe twice a year, and purchased the libraries of AM and FM record stations that were changing formats.)
So, don't confuse value with market price when shopping. Rare records are really "rare" today.
With the Frank Sinatra catelog, there are four mainstream labels:
Columbia. All of their catelog plus the V-Discs are, or have been re-issued by Charles Granada in forms superior to any of the 78s or early 10inch albums, so purchasing anything other than the LEGACY CD versions buys you only a conversation piece.
RCA VICTOR. Same Story.
Capitol. Controversy over the quality of certain pressings and digitally restored to vinyl or CD exists, but only among Sinatraphiles. Once again, the vinyl has little commercial value, despite its value to lovers of the "proper sound".
Reprise. Early Reprise albums had a gatefold cover, making them something of a rarity after the company abandoned the format, yet the vinyl on some albums suffered from sonic problems which were not solved until the digital era, again making the CDs a better buy (in the long run.)
The bottom line of course is the same as the Beta VS VHS war in video. Super Beta may have been better, but VHS was cheaper, and had many more films offered in that format. (now disc burning of DVDs has made both formats obsolete.)
I would conclude by saying that unless you already own a high-quality turntable, and have access to replacement cartridges and needles, that vinyl has considerably less $ value than CDs.
Don't overestimate the value of an LP collection, whether you are buying - or perhaps insuring your records. Dealers hold them in very low regard - something to be overpriced for suckers.
(I say all of this in spite of the fact that I have a large vinyl collection.)