OK, it goes like this:
PARISIANS- Twinkle Little Star - DEMON HOT 1
TRADITIONS - Twinkle Little Star - ABET 9435
Different recordings - Parisians is almost certainly a White Group with Soul ambitions, Traditions is a Black Group and has slightly more in the way of funky tom-toms and general 'Soul feeling', but overall, the two records have a very similar treatment and could easily be confused with each other if not heard side by side. Difficult to work out which is the original, as the Parisians flip is a semi-instrumental reworking of the topside and the Traditions flip is a cover version, so you don't get any clues from the composer credits, but my vote goes to the Parisians being the original.
Seen the Parisians at around £400 a year or two ago, but considering it was £3 at the end of the '80s this would indicate that it's been a fastish riser in recent years, so I wouldn't be surprised if it was a shade above that today, though I wouldn't expect £1000 quite yet.
Traditions is about 500 times rarer in comparison, but very, very little known, probably because of its rarity, which really is extreme. Manship vol 1 listed Parisians at £200 and Traditions at £150, but this reflects collectors' awareness of the respective records rather than their relative rarity. I doubt it will remain like that for long, mind, as I've heard Butch playing the Traditions' version at the 100 Club recently, so expect awareness to grow.
Hope this helps clear up any foggy areas.
All the best,
Nick