A signed copy of the Beatles classic album Sgt. Pepper’s Lonely Hearts Club Band recently sold at auction for nearly $300,000.
The copy of the LP was sold by Heritage Auctions for a staggering $290,500. The album, which is said to be in “pristine” condition, sports the largest price tag for such an item in history. A signed copy of Meet the Beatles previously sold at auction for $150,000.
“With my being thoroughly immersed in Beatles collectibles for over 30 years, it takes something extraordinarily special to excite me, but I consider this to be one of the top two items of Beatles memorabilia I’ve ever seen – the other being a signed copy of ‘Meet The Beatles,'” said Beatles expert Perry Cox.
The Beatles are thought to have signed the copy of Sgt. Pepper’s Lonely Hearts Club Band back in June of 1967. Heritage described the item as one of the “most spectacular jewels” the auction had to offer.
An anonymous bidder reportedly won the auction on Saturday afternoon. Although the auction house originally believed the album would sell for around $30,000, Beatles collectors would ultimately drive the price up to around $300,000.
Heritage Auctions’ public relations director Noah Fleisher said the copy of Sgt. Pepper’s was obtained from a collector who purchased it back in 1984. The company said that bidding had quickly taken on a life of its own.
“It’s clear these are authentic; it’s incredibly, incredibly nice; and it’s clear the Beatles took a good amount of time when they signed this,” Fleisher explained.
Heritage previously sold a copy of Abbey Road signed by John Lennon last year. The album would eventually sell for for nearly $8,000.
An angry letter from Lennon to Paul McCartney was also recently put up for grabs. The correspondence is expected to sell for around $40,000.
What do you think about the signed copy of the Beatles’ Sgt. Pepper’s Lonely Hearts Club Band selling for almost $300,000? Would you pay that much for an album featuring signatures from all four band members?
[Images via Heritage Auctions]