Last updated: Wednesday, December 13, 2006

AUCTIONED VELVET UNDERGROUND RECORD CAUGHT UP IN CONTROVERSY

LATEST: The early studio recording by THE VELVET UNDERGROUND which sold on eBay at the beginning of the week (beg11DEC06) has been caught up in controversy - the buyer may not exist.

The album, which was purchased at a New York flea market in 2002, sold on the auction website for $155,401 (GBP79,692). It is believed to be the definitive version of the band's debut LP.

But now it appears that the buyer, identified by the eBay screen name 'mechadaddy', isn't for real.

Reports claim the buyer was duped into purchasing the record by his friend, who logged onto his account and bid for him.

Source: WENN

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