The 78 rpm record had pretty much vanished by the end of the 50’s as the 45 became the preferable way to release and hear the music of the day. One of the biggest hits for Ricky Nelson was one of the last Billboard Top 100 hits to be released both as a 78 and a 45. “It’s Late” reached # 9 in 1959. The 45, released on Imperial Records, is worth up to $50.00 with picture sleeve. However, the 78 can sell for $500.00 today. Both versions are shown here.