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

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: 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. […] Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: A rare vinyl record sale is unrelated to cryptocurrency markets or digital assets.

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