(Source: WhatSellsBest.com) - Bidding ended at $12,700 for this extremely rare 'White Stripes' vinyl on eBay. All this was for a record nobody-wanted, initially.
Why it's Rare
The record, with "Lafayette Blues" and "Sugar Never Tasted So Good" was The White Stripes second single. But it's the story behind the record, that makes it extremely scarce.
Reportedly in 1998, only 15 copies of the 7 inch swirled red and white (pinkish) vinyl records were prepared with artwork hand-painted by Jack White of the White Stripes, and Dave Buick, owner of Italy Records (a small Detroit-based garage punk label, who signed The White Stripes earlier in '98). Then things got interesting.
The Record "They Didn't Want"
The hand-painted singles were then taken to a White Stripes show at a Detroit venue named the Gold Dollar, to be sold for $6 a piece. Apparently the records were a tough sell initially, even at the bargain price of $6.
In a 2004 interview with The Guardian's Observer Music Monthly, Jack White recalled the experience:
"I remember me and Ben were talking, Aw that's too much! No-one's gonna buy it at the Gold Dollar for six dollars. Hahaha! Then we went in to sell them and you can't pick! You had to buy the first one, and there was a ton of people standing around waiting for someone to buy the first one, because they didn't want the first one. They wanted the tenth one."
Apparently this was 'the one' nobody-wanted. According to the **sellers listing, it's labeled as #1 of the 15 copies pressed. Why nobody wanted it, is anyone's guess. Perhaps there was more favorable artwork on the others, or the buyers were shy that night. We can only be certain that we'll never know for sure.
The sellers listing also stated; "The record has been stored safely since it was made, and has never been played." The seller goes on to guarantee the pressing with a letter of authenticity signed by Jack White on Third Man letterhead.
Has Fetched As Much As $18,000
As time passed and The White Stripes popularity grew, this records value (for the most part) continued to climb. In 2004 one of the hand-painted copies sold for $2,700, then in 2010, another copy was sold at auction for $18,000.
While this record came-in $5,300 less than the previous top sale. Who could have guessed the one Nobody Wanted back in 1998, would have done so well?
Video: The White Stripes performing live at a Detroit Street Fair in 1998 (Source: Youtube)
Rare vintage vinyl has been hot this year on eBay. Thus far, we’ve seen a rare pressing of Sex Pistols fetch $19,672 and limited Beatles Demo collect $19,586.
Specific to The White Stripes/Lafayette Blues hand-painted copies. In 2004 one of the hand-painted copies sold for $2,700, then in 2010 it was reported that another was sold at auction for $18,000.
Auction Data & Statistics for the Hand-Painted White Stripes Record.
The auction received 23 bids from 15 bidders over the course of 7 days. The eBay view-counter recorded over 18,000 visitors to the listing. The auction was started on Monday, June 25, (2012) at 10:56am Pacific Standard Time, and ended Monday, July 2, at 10:56am.
Want to quote us? If you're willing to credit the article to WhatSellsBest.com, and install a live-link to the original article, or www.WhatSellsBest.com, you can feel free to quote up to 100 words.
While all other uses are prohibited without prior written permission (from whatsellsbest.com), we are friendly, and often willing accommodate mutually beneficial ideas and collaborations.
Feel free to contact us with any questions and/or comments. More info about WhatSellsBest.com is posted below.
*Price is based on foreign (currency) exchange rate at time of sale. ** eBay auction links generally expire within 90 days of auctions end
WhatSellsBest.com is a free website which monitors millions of auction items, to track the top selling (highest bid) items on eBay, and report top sold items from a variety of specialty auction houses worldwide.
Founded in late 2008, by James Massey, the site has quickly became a valued resource for collectors and treasure hunters interested in knowing which rare antiques and vintage collectibles were selling best on eBay, and in auctions worldwide.
Journalist and reporters from a wide-variety of media outlets, (CBS, AOL News, Inside Source, eBay Radio, Smart Money, and others) have also found WhatSellsBest.com to to be an informative and helpful website.