A rare re-recording by Bob Dylan of his 1963 classic Blowin’ In The Wind was sold at auction for nearly PS1.5 million.
This is the first studio recording of Dylan's song since 1962. Christie's London sold the record on Thursday.
The bidding took just four minutes, which coincidentally was the same time as the song's running time.
Christie's initial estimate of PS600,000.00 was surpassed by the sale.
Name of the bidder is still unknown. According to the auction house, it was pleased with the "excellent result".
Dylan's Blowin' in the Wind new version was presented on an exclusive "Ionic Original" disc. This disc is a patent technology that promises higher quality audio than regular vinyl.
The disc is made from aluminium and then treated with a layer nitrocellulose. Finally, it is coated with a sapphire-quartz gradient. It can be played on any regular turntable.
It was created by Grammy-winning musician T Bone Burnett who also produced and played on Dylan's new album.
He said that he recorded the live recording earlier this week and that he believes it was done in one take, if i'm correct.
"It felt holy. Playing with Bob is always holy to me."
Dylan sings the lyrics with the wisdom he has accumulated over 81 years. This transforms an angry young man’s protest song into something more contemplative about humanity's inability learn from its mistakes.
He is supported by a small band that includes Greg Leisz on mandolin, Don Was on bass, and Greg Leisz on guitar.
The song will be heard by very few people as the disc was only sold as an individual physical item, so the buyer does not have any rights to distribute it.
Burnett stated that he considered the disc to be "an original, handmade original piece work."
"We are only making one because this is the way we want to show it to the world. It's an equivalent to an oil painting.
He said that future one-offs could be sold on the fine arts market to support artists whose incomes are being cut by falling CD sales and streaming.
"In time as we are able to grow this market, every musician can have access to it, and a new way to earn a living."
"Musicians have been victims to the age of mechanical reproduction." We are now going back to the future with unique art pieces.
The Dylan record was the last lot in Christie's Exceptional Sale, which mainly focused on royal furniture and art.
A 2400 BC Egyptian limestone statue was sold for PS6 Million, while a pair Napoleonic flintlock pistols went for PS976,000.
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