Rare Beatles Record Fetches $290,500

Fierce bidding-war skyrockets price past all expectations and prior records

March 30, 2013
By James Massey

(Source: WhatSellsBest.com) - A fierce bidding-war skyrocketed the price of a rare Beatles Record to a record-breaking $290,500 (after buyer premium).

The record, The Beatles - Sgt. Pepper's Lonely Hearts Club Band (1967) was signed by all four band members, and said to be in extraordinary condition.

Perry Cox, a well-known Beatles memorabilia expert (and top-rated eBay seller), was quoted in the Heritage auction listing, saying; "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."

According to Heritage's auctioneer, the sale had set a new record (beating a previous price in the $190,000 range which happened through a private sale) when the price soared beyond its $30,000 estimate, and way-past another (similar) $31,000 sales attempt we tracked back in 2010.

Why's It Valuable?

Though it was their eighth studio album, many consider Sgt. Pepper's Lonely Hearts Club Band to be The Beatles best. Many also consider it to be one of the most influential rock albums of all time.

Combine that appreciation with The Beatles ongoing iconic status; the excellent autograph examples provided by all four members; the records pristine condition after nearly 50 years; and you have a very rare combination.

It's also a rare occasion. Because collectors know they may never get another opportunity like this again. That scenario can create a perfect-storm, with two or more bidders unwilling to give up easily. As apparently happened in this case.

For another example of how far Beatles collectors will go for rare items linked to Sgt. Pepper. One only needs to look back to 2008. That's when the iconic Drum Skin used on the album cover was sold at auction. It fetched over $1 million.

VIDEO: The Beatles Sgt. Pepper Story (Source: Classic Album Sundays)

Story Resources & Sources:

Related Beatles Items, Auctions, and Information:

Want to quote us? If you're willing to credit the article to WhatSellsBest.com, and install a live-link to the original article, or www.WhatSellsBest.com, you can feel free to quote up to 50 words.

While all other uses are prohibited without prior written permission (from whatsellsbest.com), we are friendly, and often willing accommodate mutually beneficial ideas and collaborations.

Feel free to contact us with any questions and/or comments. More info about WhatSellsBest.com is posted below.

*Price is based on foreign (currency) exchange rate at time of sale.
** eBay auction links generally expire within 90 days of auctions end

About WhatSellsBest.com

WhatSellsBest.com is a free website which monitors millions of auction items, to track the top selling (highest bid) items on eBay, and report top sold items from a variety of specialty auction houses worldwide.

Founded in late 2008, by James Massey, the site has quickly became a valued resource for collectors and treasure hunters interested in knowing which rare antiques and vintage collectibles were selling best at auction.

Journalist and reporters from a wide-variety of media outlets, (CBS, AOL News, Inside Source, eBay Radio, Smart Money, and others) have also found WhatSellsBest.com to to be an informative and helpful website.