Before the days of the internet, Goldmine listed the original test press of the 1st Bob Dylan album. There were six extra tracks that never surfaced to this day. It went for over $600,000. I'd be surprised if the Velvet Underground approached that.
Is this the highest price ever paid for an LP?
Granted, it's a rare acetate, but it blew my mind:
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=300054910309&ssPageName=STRK:MEWA:IT&ih=020
.
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=300054910309&ssPageName=STRK:MEWA:IT&ih=020
.