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-   -   The infamous VU "garage sale acetate" for sale now (http://www.sonicyouth.com/gossip/showthread.php?t=8579)

atari 2600 12.08.2006 10:35 PM

Quote:

Originally Posted by towelie
A 1966 Velvet Underground acetate LP is a valuable collector's item and should be kept in the best condition as possible and the best way to do this is to wrap it in a towel.

I'm gonna get high now.


You're inspiring me to hum some Tina Turner:
You're simply the best/
better than all the rest

static-harmony 12.08.2006 10:36 PM

Hopefully is some corporate label so it can be released, And it doesn't end up in some makeshift museum in Las Vegas.

atari 2600 12.08.2006 10:42 PM

There is the chance too that the high bidder is an investor, and not necessarily a fan. That's certainly the way Warren Hill promoted this and it's going to pay a big dividend. He held on to it for years and got some free PR behind it before he took it to auction...during the holiday shopping season, no less.

If this is the case, then the buyer is obviously counting on reselling it years later for even more. I don't think this is a wise investment at all. I can't see it actually increasing any more in value for a long, long, long...long time. They'd be better off buying some fine art. But maybe higher-end fine art is out of the buyer's price range.

atari 2600 12.08.2006 10:59 PM

Aw hell...

we're in the red zone now...
34 mins 43 secs

US $155,501.00


This is the most anyone has ever paid for an LP (in this case, an acetate LP), to be more precise.

atari 2600 12.08.2006 11:11 PM


 

atari 2600 12.09.2006 12:03 AM

 

static-harmony 12.10.2006 04:54 AM

here is a news article in the Associated press

Velvet Underground Article

atari 2600 12.10.2006 11:09 AM

Thanks for that link, static-harmony.

Quote:

The recording turned out to be an in-studio acetate made during Velvet Underground's first recording over four days in April 1966 at New York's Scepter Studios. The record reportedly is only one of two in existence; the other is privately owned, with rumors circulating about the owner's identity. Columbia Records rejected the album.

Savage Clone 12.11.2006 03:33 PM

And the winning bid is...


....is....


...wait for it....


Fraudulent.

http://www.theglobeandmail.com/servl...rtainment/home

SynthethicalY 12.11.2006 03:41 PM

Funny.

noisemachine 12.11.2006 04:50 PM

Quote:

Originally Posted by Savage Clone
And the winning bid is...


....is....


...wait for it....


Fraudulent.

http://www.theglobeandmail.com/servl...rtainment/home


Wow...didn't totally see that one coming. :rolleyes:

Savage Clone 12.11.2006 04:51 PM

Yeah, it sure was a shocker all right.

scott v 12.11.2006 05:02 PM

i was skeptical that the seller could be selling a "fake", they are becoming very common on eBay as eBay has gone through the trouble by posting links warning about those skeptical sellers of certain products who ship from multiple locations around the globe, those scam artists from 3rd world countries are sometimes the culprits... though from this link:
http://www.theglobeandmail.com/servl...rtainment/home
this seller seems legit. and of course its unsuprisinging that the bidder is a "fake" because it happens all the time on eBay...

gmku 12.11.2006 05:03 PM

Ha! Too freaking funny!

Isn't there a better way to sell these things? eBay seems, I don't know, almost too public, if you know what I mean. Isn't there a way to get this into the hands of a serious collector, or better, serious archivist (one who will preserve it for the public's benefit, help release it for masses, etc.) than going through the ticky-tacky online bid process?

SynthethicalY 12.11.2006 05:35 PM

Quote:

Originally Posted by gmku
Ha! Too freaking funny!

Isn't there a better way to sell these things? eBay seems, I don't know, almost too public, if you know what I mean. Isn't there a way to get this into the hands of a serious collector, or better, serious archivist (one who will preserve it for the public's benefit, help release it for masses, etc.) than going through the ticky-tacky online bid process?


You know the regular auctions can do exactly what ebay does. Also with the internet or the phone you can bid as well.

gmku 12.11.2006 05:39 PM

Would be nice if the seller just knew somebody in the business who'd buy it and take care of it.

porkmarras 12.14.2006 07:33 AM

All of Lou's master tapes from his solo LPs may have been destroyed in a fire. Thankfully it appears that the original analog tapes for Disco Mystic and Original Wrapper are stored in the National Archives next to the Constitution, which prtoects them from a nuclear bomb.

Pookie 12.14.2006 07:43 AM

Quote:

Originally Posted by porkmarras
All of Lou's master tapes from his solo LPs may have been destroyed in a fire.


Arson? A music lover?

porkmarras 12.14.2006 07:47 AM

Who knows?Cale ha a lot to answer for.In the meantime,some eye candies:
 

porkmarras 12.14.2006 07:47 AM

 

 

 


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