I was browsing another forum yesterday when I came across this sorry tale...
http://www.lesliegerber.net/writing/art ... o-of-2006/
The relevant parts...
The call came from an institution in the American midwest. Some years ago they had accepted the gift of a huge record collection. One of their trustees had engineered this transaction and assured them that the collection would be a tremendous acquisition for their institution.
But it wasn’t. It was actually irrelevant to their purpose, and they had no place to put it and no manpower to catalog it or even sort through it.
By figuring out the volume of the collection and extrapolating from a few boxes, they came to the conclusion that the collection was about 197,000 records. And by now all they hoped to do was avoid paying the large amount of money it would cost them to send the records to the dump.
(I've snipped the part where the man confirms that this is mostly a classical LP collection, and figures out how to transport the collection of LPs to him so he can sell them)
Meanwhile, the original donor of the records had learned that they were being given away and became incensed. He got my phone number and called me. I spoke with him for quite a while, and he eventually calmed down. He told me he had bought many record collections to keep them from being discarded. I told him I was now doing pretty much the same thing, and he agreed.
At this point, I have had the records for two weeks. We have gone through several dozen boxes. Nearly all of them have been 78s. It’s a sad fact that, these days, most 78s are completely useless and unsaleable. I don’t know as much about 78s as someone who deals in them, but since I’m not totally ignorant–and since I was desperate for space–I have been sorting through them. After a few days of sorting, I had a pile of albums that seemed to be of some potential interest, so I called a 78 expert I know and read them off to him. He approved about half of them. Roughly speaking, this means that about 5% of the 78s are worth preserving. The rest are going into the landfill, at my expense. I am actually dumping the records out of their albums and boxing them separately. The cardboard albums are recyclable without my having to pay the transfer station to accept them. The shellac will cost me a lot of money just to get rid of.

It almost makes coasters, or even riffle practice, seem a decent end in comparison.
However, I heard a much happier tale over lunch the other day...
A local university had decided to get rid of its extensive classical 78rpm collection (thousands of discs, rather than hundreds of thousands!) and intended to dump them all. One of the members of the local CLPGS section got to hear about it. He only owned a small car, but a couple who had just joined the group owned a much larger vehicle, and offered to help move them. The discs went to their house, where they sit in a spare bedroom. They know that they are not worth anything, and are happy to give some away to anyone who is interested, but as one of them said "it just seemed so wrong that these records had been collected and cared for so carefully by someone, and then were just going to be dumped". They have really got the collecting bug, and were really quite excited by the machines and records they had. It was lovely to bump into some people in the real world who are so enthusiastic about the hobby.
(I did mention to my wife that I'd met a couple where both halves were interested in gramophones. "Go and live with them then" was her not entirely joking reply.

There probably are more classical 78s in the world than there will ever be people who want to listen to them, never mind own them and store them. I wonder though, if they keep doing to land fill, if we're not at risk of losing some of them forever a decade or so down the line - or being left with just scratched and worn copies of discs which once existed in abundance in mint condition.
My real passion on 78s is Jazz and Dance band music. I like a lot of classical music, but I’d rather listen to it live or on CD to maximise the enjoyment of the music itself. Even so, I keep quite a few classical 78 albums of music I quite like so that, maybe a couple of times a year, I can play some classical 78 sets in full to experience an evening of performances and recordings the way people did 80 years ago. It might not be the best way to experience that particular composition by Beethoven or Mozart for its own sake, but it's a unique experience overall. Performances that are as perfect as humanly possible in a series of five minute takes are quite a different experience from a digitally perfect CD which probably has an edit every 15 seconds to meet that level of perfection.
Cheers,
David.
P.S. When listening to classical album sets of a single work, I admit to often resorting to an auto changer where possible.
P.P.S. Even I cannot get worked up about the loss of late 1940s and later classical 78s that were just dubs from LPs or magnetic tape masters. In those cases, the 78s are just inferior copies and seem a little pointless even to me. I might just consider dumping those as an absolute last resort, but not yet.