Dec 11, 2006 • 1 min read

Velvet Underground acetate sells for lots of cash

An acetate of 'The Velvet Underground & Nico', bought at a Montreal flea market for seventy-five cents, has sold on eBay for $155,401.

That previously reported Velvet Underground album that was up for sale on eBay has sold for $155,401. The acetate copy of 'The Velvet Underground & Nico' was originally purchased at a Montreal flea market for seventy five cents, and is thought to be one of only two in existence.

Some guy called Eric Isaacson, who is a friend of the seller, or something, said: "We cued it up and were stunned the first song was not 'Sunday Morning' as on the 'Velvet Underground & Nico' Verve LP, but rather it was 'European Son' the song that is last on that LP, and it was a version neither of us had ever heard before! I immediately took the needle off the record, and realised that we had something special."

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