Year: 1967
Record label: Verve Records
Worth Today: $25,200*
It might be difficult to imagine now, but there was a time when The Velvet Underground was just another obscure band trying to hit the big time. In 1967 they released their debut album, The Velvet Underground and Nico. It displeased the media so greatly that it was largely banned from being played on radio stations.
The content was reportedly “too controversial” for the media to play it. Magazines wouldn’t even advertise it. AllMusic’s Richie Unterberger stated that it was “too daring” for commercial radio to want a piece. The Velvet Underground & Nico also came about at a time when underground rock was just getting started.
Only 30,000 copies were sold, but those that were quick enough to grab one were smiling years later – and not because it was so good. Copies are known to go for up to $25,000. If you were into punk in the ‘60s then it may be time to revisit your collection.
