Ooh, the bid went up. Look at this guy's feedback! I'd be pretty anxious if I were the seller and my $155,401 bidder had a 68 feedback with two negatives and a neutral...
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Cool rock-history auction at eBay
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Originally posted by wackymotherAnyway, we still have a turntable, although my DH is the only one who uses it (I always hated putting the needle down). And there's actually a crowd of music people who feel that vinyl has a warmer sound, so there's still a market for high-end turntables.
Even the covers of these old records are worth money too today. It's amazing.
By the way, the auction has ended up for US $155,401.00.
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I still have my two DJ tables and mixer from when I was a DJ. I should go through my records to see if I can find something of value.Timeshareforums Shirts and Mugs on sale now! http://www.cafepress.com/ts4ms
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Originally posted by Tom52Never heard of um. Strange, since I grew up in the 60s listening to rock music. An aquaintence of mine in NYC owns the original acetate "Hey Joe" by Jimi Hendrix. Now that Jimi guy, I have heard of him!
Lou Reed was in the Velvet Underground, you have probably heard of him. They were a very "insiders NYC" band, produced by Andy Warhol.
This is the only auction I've watched lately where the final bid price went down rather than up in the end... I wonder if the winner is happy or freaked out at the fact that the higher bids got canceled?
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Here's the latest on the acetate, from CNN. I looked on eBay but couldn't find a new listing for it. I bet it will go for much, much less this time around.
NEW YORK (AP) -- The cyberspace saga of The Velvet Underground's 40-year-old first recording was to continue after fetching a false eBay bid of more than $155,000.
The vintage Velvet was to be auctioned online again starting Thursday afternoon. The original bid bit the dust earlier this month when a young man in California e-mailed the seller and confessed he doesn't have enough money to buy the rare recording.
"Seriously, I can barely afford gas for my car to get to work," reads part of the message the seller says he got via eBay.
The first auction ended December 8, with eBay showing a final bid of $155,401 for the recording of music that ended up on the influential New York band's first album, "The Velvet Underground & Nico." Warren Hill, a collector in Montreal who owns the acetate LP, says he bought it at a flea market in Manhattan's Chelsea neighborhood for 75 cents in 2002.
The $155,401 bid was confirmed Wednesday by eBay spokeswoman Catherine England. She told The Associated Press, however, that eBay has no way to verify whether the bid is legitimate because "the transaction is between the buyer and seller."
The bidder has seven days to close on a deal, which is legally binding. After that, the seller -- Saturn Records, of Oakland, California, representing Hill -- may report a false bidder.
"I'm not going to sue him," a weary-sounding Hill said Wednesday in a telephone interview from Montreal. "I just want to sell it."
Copyright 2006 The Associated Press.
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