Update on the Velvet Underground acetate – the bidding went up to $155k before the auction closed, but the winner claims a friend hacked his eBay account and he wasn’t settling up. So the collector in Oakland has relisted and the current price is a relative bargain at just a tick over $20k, this time with preapproval required.
The Velvet Underground is an important band for me.
Bloggsy points out that the ebay auction for the ultra-rare (as in one copy) VU acetate from 1966 is now up over $110k.
In 2002, the record was purchased at a street sale in New York, with two other records, for 75 cents.