By: AnnMarie Scaramuzzino
A rare, signed copy of the Beatles album Sgt. Pepper’s Lonely Hearts Club Band has exceeded expectations in a recent bidding war on the Heritage Auctions website.
As we previously reported, the record, which comes as a Mono UK Gatefold Cover edition and features autographs by all four band members, was originally set at a price of $30,000, but as of last week had already hit the $90,000 mark.
On Saturday (March 30) the album sold for a whopping $290,500 to an unnamed buyer; the most anyone has ever paid for a Beatles album according to Rolling Stone.
In other Beatles’ news, a letter from the late John Lennon to Paul McCartney will be put up for auction on May 30 and is expected to gain some serious traction from Beatles collectors.
ITV reports that the letter, which is believed to have been written in the 70s, has some seriously tense undertones as Lennon basically calls out his former bandmate. The two-page note is penned on John Lennon and Yoko Ono’s personal stationary, and addressed to McCartney and his late wife, Linda.
Auctioneers estimate that the letter could sell for up to almost $60,000.
How much would you pay for a piece of Beatles’ history? Tell us in the comments section below and head to head to ITV.com for more info!