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Velvet Underground LP going for $25,000

Posted: Sat Dec 02, 2006 5:16 am
by marky
Well I've already written an email to McC about this but I want other folks to see this too, as it really is the most exciting thing I've ever come across in record collecting. If you click on the link you can read the whole story but the gist of it is, this guy found a one-of-a-kind historical artifact in a record store for only 75 cents. This is an LP from 1966 containing early versions of songs that later appeared on the Velvet Underground's first album entitled "VU & Nico" (the one with the banana on the cover). This was an LP that Andy Warhol shopped around to record companies and was turned down. It is kindof like a demo LP, sortof like a demo cassette. There may have been only one copy ever. Virtually no one has heard these versions before. And now the guy is finally selling it and though there is no god, I am personally going to get down on my knees and beg the mercy of fate that these recordings will get properly cleaned up and released for all to enjoy. The idiot selling it has made no attempt to guarantee this, and for this he should be shot, I think.

Here's the link:

http://cgi.ebay.com/ws/eBayISAPI.dll?Vi ... 0054910309

Posted: Sat Dec 02, 2006 5:17 am
by marky
Actually you know what, that's a shorter link than the one I sent you, McC. Not sure why, but I wish I'd been able to provide you with a shorter link.

Posted: Sat Dec 02, 2006 5:19 am
by marky
And you see, people are wondering: is Lou Reed himself bidding on this? Is John Cale? Is Universal Records? Is a guy bidding who will only keep it in storage for another 40 years?

Add to this the fact that the auction ends on Dec. 8th so I doubt $25,000 is as high as it's going to go. But I can't wait to find out.

Posted: Sat Dec 02, 2006 12:26 pm
by marky
The record is now going for $35,996 or something. This is insane. I mean I can't stop laughing. Maybe you just have to be a VU fan, I don't know, but I've really got a perverse fascination with this. In fact, I think I have a fetish for just how high that number of dollars is going to get for this insanely rare and treasured piece of plastic and acetate or whatever the hell is in it. It just feels like digging up a goddamn anthropological find or something. That record has got to be the most valuable record in the world. Let's see how it compares with what Sex Pistols' God Save The Queen single goes for, for example. Now that is supposed to be very very collectible. I don't know how much that goes for now, though. I think it has to be on a specific label to be worth a lot, I can't remember.

Anyway, fuck yeah. A single record, $36,000. I love it.

Posted: Sat Dec 02, 2006 12:33 pm
by marky
Look, who wants to place bets on the price that buys it? I'm guessing $297,000.

Posted: Mon Dec 04, 2006 3:09 am
by marky
Right now it's going for $105,300.74

Posted: Sun Dec 10, 2006 4:03 am
by marky
End bid was $155,000 or so.

Posted: Mon Dec 11, 2006 3:18 am
by marky