In September of 2002, a record collector from Montreal named Warren Hill was poking around a flea market in Manhattan's Chelsea neighborhood when he came upon a curious old record that was wrapped in foil and marked with a few confusing scribbles: There was a date, "4-25-66," and a band's name, "the Velvet Underground," along with some other notes. He bought the record for a mere $0.75, and even though he knew that he'd found a rare treasure, Hill had no idea of the magnitude of his score. As it turns out, Hill had found a rare acetate cut from a Scepter Studios recording session with producer Norman Dolph, containing nine alternate takes of songs that would later make up the majority of the Velvet Underground's 1967 debut album, The Velvet Underground & Nico.
In December of 2006 Hill's find sold on eBay for $25,200 (after a false bid of more than $155,000 didn't come through). But somewhere along the line all nine songs on the acetate made their way onto the Internet and have been floating around on CDRs and bookleg LPs ever since. This Black Friday, UMe is giving The Scepter Studios Acetate its first proper LP release, and it's on 180 gram vinyl; every scratch, scuff, pop, mangled groove, and scarred imperfection will sound perfect.