Thursday, October 21, 2010 3:23am ET by  
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$18,000 for White Stripes single

A rare version of a single by The White Stripes has been sold for $18,000 (£11,400) at auction.

The single, 'Lafayette Blues', has been described by Jack White's imprint Third Man Records as the "Holy grail for White Stripes collectors."

The track was the band's second single and was released in 1998 via Italy Records. It originally sold for $6.00 (£3.80) at Detroit's Gold Dollar venue. The artwork was hand-painted by Jack White and label boss Dave Buick.

Only 15 hand-painted copies were ever made and the version recently sold was not even painted by White but by Buick.

Despite the recent sale of the rare single, an even rarer one still exists.

Watch the White Stripes performing 'Lafayette Blues' below: