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Rare version of Beatles album finally sells for £12,000 | Rare version of Beatles album finally sells for £12,000 |
(about 4 hours later) | |
A rare copy of a Beatles LP signed by all four band members has finally been sold - for the sum rejected at auction in Sussex a few weeks earlier. | A rare copy of a Beatles LP signed by all four band members has finally been sold - for the sum rejected at auction in Sussex a few weeks earlier. |
Chris Collins, from Eastbourne, and his sister, Liz Chambers, from Worthing, initially turned down a £12,000 bid for a copy of the album, Please Please Me. | Chris Collins, from Eastbourne, and his sister, Liz Chambers, from Worthing, initially turned down a £12,000 bid for a copy of the album, Please Please Me. |
They had hoped to get £15,000 for the LP, which was given to their late father during a drinking session. | They had hoped to get £15,000 for the LP, which was given to their late father during a drinking session. |
But the siblings have now accepted £12,000 from private buyers. | |
The album was signed by John Lennon, Paul McCartney, George Harrison and Ringo Starr after they used it as a drinks coaster during a card game in 1963. | The album was signed by John Lennon, Paul McCartney, George Harrison and Ringo Starr after they used it as a drinks coaster during a card game in 1963. |
Kept in drawer | Kept in drawer |
Mr Collins had played it repeatedly until an expert revealed that because of its provenance - and the fact that it had the rarer black-and-gold label - it was worth a substantial amount. | Mr Collins had played it repeatedly until an expert revealed that because of its provenance - and the fact that it had the rarer black-and-gold label - it was worth a substantial amount. |
The album went into Mr Collins's sock drawer until they finally put it up for sale, at Campbell's auction house in Worthing, just before Christmas. | The album went into Mr Collins's sock drawer until they finally put it up for sale, at Campbell's auction house in Worthing, just before Christmas. |
It was withdrawn from sale after failing to reach its £15,000 reserve price, but auctioneer Paul Campbell said: "The record has now sold for a hammer price of £12,000, to a private buyer." | |
He said the vendors had decided to cut their losses and accept £12,000 following renewed interest from a Dutch Beatles enthusiast living in Worthing and his father. | |
The auction house even slashed its commission to enable the sale to go through. | |
"The sale came just too soon for these buyers, but they came back immediately after the sale and said they would have it," Mr Campbell added. | |
Please Please Me was The Beatles' first album, released in March 1963. | Please Please Me was The Beatles' first album, released in March 1963. |
The earliest copies had black and gold labels and are more valuable than the subsequent versions, featuring black and yellow ones. | The earliest copies had black and gold labels and are more valuable than the subsequent versions, featuring black and yellow ones. |
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