The critical world also took little notice of the album. One of the few print reviews of the album in 1967 was a mostly positive review in the second issue of Vibrations, a small rock music magazine.[8] The review described the music as "a full-fledged attack on the ears and on the brain" and took note of the dark subject matter to be found in the majority of the song's lyrics.
It wasn't until decades later that the album received almost unanimous praise by numerous rock critics, many of whom made particular note of its influence in modern rock music. In April 2003, Spin put the album at the number one spot of their "Top Fifteen Most Influential Albums of All Time" list (though the list excluded albums by the Beatles, Bob Dylan, Elvis and The Rolling Stones).[10] Rolling Stone placed it at number 13 on their list of "The 500 Greatest Albums of All Time" in November 2003, calling it "the most prophetic rock album ever made."[1][11]
In 1997, Velvet Underground & Nico was named the 22nd greatest album of all time in a Music of the Millennium poll conducted in the United Kingdom by HMV Group, Channel 4, The Guardian and Classic FM. In his 1995 book, "The Alternative Music Almanac", Alan Cross placed the album in the #1 spot on the list of '10 Classic Alternative Albums'. In 2006, Q magazine readers voted it into 42nd place in the "2006 Q Magazine Readers' 100 Greatest Albums Ever" poll, while The Observer placed it at number 1 in a list of "50 Albums That Changed Music"[12] in the July of that year. Also in 2006, the album was chosen by TIME magazine as one of the 100 best albums of all time.[13]