Velvet Underground rarity sells on eBay (closing bid of $155,401)?

Singapore
December 11, 2006 9:42pm CST
Something very interesting which I read this morning and I thought it might amuse you too. Maybe we should all start going to flea market? And then again, sometimes you can really get some good bargains in flea market so I guess, why not. Do you go to flea market or do auction? By Verena Dobnik Forty years after it was made, The Velvet Underground's first recording has become a financial hit — in cyberspace. Bought for 75 cents four years ago at a Manhattan flea market, the rare recording of music that ended up on the influential New York band's first album, "The Velvet Underground & Nico," sold on eBay for a closing bid of $155,401. The buyer is a mystery, only identified by the eBay screen name: "mechadaddy." Read the full post at: http://informationalnetwork.blogspot.com/2006/12/velvet-underground-rarity-sells-on.html
1 response
@lilaclady (28238)
• Australia
12 Dec 06
Oh wow thats amazing, I wish I could be so lucky.
• Singapore
12 Dec 06
75cents to 150K? What is the percentage of increase? : )