...I agree with pete on most points..based on other rare 45's , the few known to exist..that are considered northern soul classics, (truly great dancers) maybe even 8k is high. I'm not up to speed on the recent big ticket items..but Frank Beverly/Rouser,Magnetics,Twans?,Dennis Edwards..what are they worth? The price has undoubtably been raised by all the hype/mystery/stolen?/Motown etc..and not least by a guy who was prepared to put his hand in his pocket to achieve a lifetime dream(KB) given that he (apparently) had had a windfall.Its worth what somebody is prepared to pay is an empty statement..same applies to any art form.Warhols Marilyn, which was shot through by a jealous fan, reached a staggering price because of the drama/hype/news etc that surrounded it, it wasn't his best Marilyn or even best Warhol but was guided by collector interest.If you asked most northern fans what would they buy with a say, 10k gift i bet many would buy the less expensive but equally rare or nearly as rare items..I certainly would.I also agree there are better sounding northern records..also most art form collecting is a type of snobbery, many who own rare pieces don't appreciate their worth,its a show off thing! I think KB knew what he wanted, could afford it..and has enjoyed it enormously, simple as that.I remember John Manship was a minor player on the collecting scene until he forked out a then incredible amount for Levines copy of James Fountain, eveyone was talking about it, Dave Withers made the point..
JM had a record he'd badly wanted..his name was on everybodys lips..the latest buzzword.As to the 'real' value as in a general consenus amongst knowlegable dealers/collectors think 8k is a reasonable estimate.I am interested in its final value, but only in passing.I'll never own or particularly want a FW..do i think its earned its reputation in northern folklore..'indeed I do!'