October 4, 2012
By James Massey
(Source: WhatSellsBest.com) - An extremely rare Beatles record, accidentally discovered during a house move, has fetched *$17,348 (£10,850.00) on eBay.
Reportedly, the valuable treasure was nearly given away...
Here's a description of events, as described (by the seller) in the **eBay listing: "Please also be assured that I am not a dealer and that this item is one of those revolutionary finds that you make when scaling down and moving house. I do not know where this item came from and nearly took it down to the charity shop with the rest of my records. So a very lucky find indeed."
Why's It Rare?
The 7-inch demo, containing two-songs; 'Love Me Do' and 'P.S. I Love You' was pressed and distributed by Parlophone (UK) in 1962, as a promotional vinyl for DJ's and Journalist. It's been reported that only 250 copies are thought to exist.
Many consider the record to have been pivotal to launching the Beatles career.
Another item adding rarity, is a small detail that could escape the attention of a casual observer, if they weren't looking for it. The detail to look for, is in Paul McCartney's name, which was misspelled as 'McArtney' on both sides of the record.
Over the last year, this is the second copy we've seen on eBay, that's reached the $17,000 range. Another was sold in December, 2011.
Auction Data & Statistics
The Beatles Demo received 26 bids from 9 bidders over the course of 7 days. The opening bid on September 27th, was 99 cents (GBP). The final bid was *$17,438 (£10,850.00). The eBay view-counter recorded over 1,100 visitors to the listing. The auction was ended on a Wednesday, October 4, (2012) at 7:43am Pacific Standard Time.
For more information and close-up photos of the album see; **eBay auction listing; #271069575572 (auction links may expire after 90 days).
Related Beatles Items, Auctions, and Information:
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