The first recording contract ever signed by The Beatles is expected to fetch about $150,000 when it goes up for auction.
The first even signed recording contract by The Beatles is ready for auction in New York in September. The contract was from their Hamburg, Germany, era, and it is expected to reach the sum of $150,000, according to the company handling the sale.
The contract is written in German, signed in 1961 by Paul McCartney, John Lennon, George Harrison and Peter Best, their then-drummer. It is part of a 300 lot collection of the band’s memorabilia collected by the late German producer Uwe Blaschke. The contract is dubbed the most historically important band’s document to even appear at an auction by Dean Harmeyer, consignment director at Heritage Auctions.
The collection includes documents, photos and the band’s autographs related to the band’s time in Germany in the 1960s. After that, the band went on and ruled the world.
In 1961, the contract was signed for a record that did not bear the band’s name, The Beatles. It was for the traditional German children’s song ‘My Bonnie’, credited to tony Sheridan & The Beat Brothers, as the company felt the name ‘Beatles’ was not suitable for the German market at the time.
We have always wondered why the memorabilia is so important. And then I thought about having Bradley Cooper’s used handkerchief and I instantly knew I would gladly pay good money for it.