Jack White Purchased Elvis Presley's First Recording for $300,000

FUSE TV - Jack White Purchased Elvis Presley's First Recording for $300,000

Earlier this year, a mystery man won an auction for Elvis Presley's first vinyl recording, a 1953 10-inch single comprised of "the 1930s ballads 'My Happiness' and 'That's When Your Heartaches Begin,'" according to Billboard. The estimated $100,000 value shot up to $300,000 by the auction's January 2015 conclusion.

Now we've learned, via an interview with the magazine, that Jack White—the sadder, grumpier Elvis of our times, one might say—was in fact the winner. It wasn't just for his no-doubt humongous vinyl collection, though. (Billboard's new cover is a picture of the former White Stripes frontman melting a record with a Zippo, headlined "VINYL'S ON FIRE!") Instead, he'll be releasing it, through his Third Man Records label, on Record Store Day, which falls on Saturday, April 18 this year.

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