I have (very, very rarely) paid that much for a new LP, but wouldn't normally. If it were a case of supporting a worthy endeavor and the musicians, I might go for it.
http://www.nytimes.com/2016/12/26/arts/music/newvelle-records-jazz-label-vinyl.html?_r=0
They'd have to release some music I want to listen to before I go for 60 bucks an LP. None of their releases makes to want to part with any $. Perhaps others feel differently.