An Oakland record store accepted a winning bid last weekend of more than $155,000 for an acetate copy of the unreleased first album by the Velvet Underground. What is even more amazing is that the record-setting auction price was paid for a discarded album bought by a collector for 75 cents in a yard sale.
Warren Hill of Montreal picked up the album with the hand-written label at a street sale in New York's Chelsea neighborhood. He paid 75 cents in May 2002. Hill later took the record to friend and fellow record collector Eric Isaacson of Portland, Ore., for the verification. Isaacson has written his account of the find in the current edition of the magazine for record collectors, Goldmine.
Read on http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2006/12/12/MNGE5MTPDU1.DTL
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment