Wire·markets·Publisher preview

He Paid 75 Cents for a Record at a Street Sale. It Was a One-of-a-Kind Velvet Underground Acetate

In September 2002, record collector Warren Hill picked up an unmarked acetate at a Chelsea, New York, sidewalk sale for 75 cents. The disc turned out to be a one-off 1966 Scepter Studios recording session tied to The Velvet Underground and frontman Lou Reed, and it later sold on eBay in December 2006 for $25,200.