Home Uncategorized Beatles Contract Sells for Almost £50,000

Beatles Contract Sells for Almost £50,000

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A New York auction house has sold the first recording contract ever signed by the Beatles.

The 1961 paperwork fetched a whopping £48.000 ($75,000) at the event held by Heritage Auctions in New York. The contract was for a recording of a rock and roll version of “My Bonnie Lies Over the Ocean,” but was abbreviated to “My Bonnie,” and was released under the band name, Tony Sheridan And The Beat Brothers, and was only released in Germany.

"my Bonnie"
“my Bonnie”

A certain gentleman named, Brian Epstein heard the track and was so impressed that he went on to become the manager of the band who went on to become The Beatles. It was only a year after they recorded “My Bonnie” that the band released “Love Me Do”; which became their first hit single as The Beatles, and the rest, as they say, is history.

During the early 60s, The Beatles performed regularly at nightclubs in Hamburg, Germany, where the contract was signed. And when the band wasn’t performing as The Beatles they were the backing band for British singer Tony Sheridan at Hamburg’s Top Ten Club.

This amazing six-page contract was signed by, John Lennon, Paul McCartney, George Harrison and then drummer Pete Best, and was sold by the estate of Beatles collector Uwe Blaschke. Pete Best was later replaced by Ringo Starr.

Heritage Auctions consignment director Dean Harmeyer says: “Had they not spent this time in Hamburg, they may have not become the musical force that they did. Had they not recorded “My Bonnie” they may have never come to the attention of Brian Epstein.”

Check out the other off-the-wall Beatles memorabilia up for auction at Heritage Auctions.

Photos: Getty

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