Monk with Warhol Cover Sells for $843

We had expected this record to sell for more than $1,000, but it didn’t: Thelonious Monk, Prestige 7053. This was a promo copy with the Andy Warhol cover and the New York label. The record was in VG+ or VG++ condition and the cover was VG++. The price was $843. A few weeks ago a copy of this record in VG condition sold for more than $2,000. Perhaps, as we mentioned before, things are softening a bit. Is the economy starting to affect the market for high-end jazz collectibles?