Because no one can put a price on a child's whisper, a puppy's smile, or “the holy grail” of lost blues recordings, collector John Teftleller has paid $37,100 for one of two remaining physical copies of “Alcohol And Jake Blues” by blues legend Tommy Johnson. It's the highest price ever paid for a 78rpm record. If Teftleller were a rapper this would be a good thing to reference.
Over the years Teftleller's collection of Paramount Recordings releases and blues 78s has grown to 75,000 records, so “Alcohol And Jake Blues” will probably find a few friends there. And if he doesn't already seem like one of those weirdos who scream about gold on daytime television, he issued the following statement, spit probably flying from his mouth, saying that you can trade your old Paramount Recordings vinyl, FOR CASH!!! “Find me the missing Willie Brown or J.D. Short on Paramount label and you will see me writing really big checks.” Cool!
Teftleller will soon exercise his sizeable bank account and misguided sense of charity with the record, remastering and re-releasing it to the public. Then it will be worthless.
Everyone can enjoy Tommy's song below, for a figure significantly less than $37,100: free. Unless YouTube plays an ad beforehand, then it'll cost a few seconds of your time. Which is definitely worth less than $37,100.