Although the Beatles had
already stirred considerable interest within days of releasing their first
Parlophone single “Love Me Do”/“P.S. I Love You,” it was their first appearance
on the Ed Sullivan Show on Sunday, February 9, 1964 that elevated that interest
to fanatical proportions—rightfully deemed, “Beatlemania.” (An estimated 73
million Americans tuned in to see what all the fuss was about.) And once this
mania began to spread, anything and everything “Beatles” became like holy
relics to be collected and coveted. Following their stay at the Whittier Hotel
in Michigan in September of 1964, for example, the sheets the four slept on
(and their untold guests) were cut into 164,000 1″ squares that, though
originally selling for $1 each, have reportedly brought hundreds of dollars per
square. And since that time, virtually anything the Beatles touched–or in many
cases, simply bears their names—have drawn enormous fees from fans and
professional collectors of the memorabilia market.
For example, in April
of 2013 a signed copy of the Beatles’ 1967 LP Sgt. Pepper’s Lonely Hearts Club
Band sold for $290,500 at a Texas auction. In 2011, a Lennon fan (reportedly a
dentist) paid $31,200 for John’s extracted, rotted tooth; in 2009 a pair of
John’s trademark round “grannie” glasses sold for $97,000; and in 2009 a
watercolor John painted at age 11 sold for $123,000! In 2011 an anonymous
bidder paid $154,000 for one of the hand-scrawled “Bed Peace” posters from John
and Yoko’s famous “Bed-In for Peace.” And extraordinary as these fees may seem,
they were mere “drops in the proverbial bucket” compared to some other Beatles
sales.
In 2004 a loyal fan–a fellow musician–paid $567,000 for the 1964
Gibson SG George used during the Revolver recording session. (This guitar
commonly sold for about $300 in the early 60′s.) In 2008, the highly-stylized
bass drum head featured prominently on the cover of the Sgt. Pepper’s Lonely
Hearts Club Band LP sold for $1.07 million, and the following year, John’s
handwritten lyrics for “All You Need is Love” drew a cool $1 million at
auction. Also in 2009, pop singer George Michael paid $2.1 million for the
Steinway Model Z upright piano John composed “Imagine” on, and back in 1985 a
Canadian businessman gladly paid $2.23 million for John’s famous psychedelic
1965 Rolls Royce Phantom V–about $5 million in 2014 dollars!
While there
are many avenues by which Beatles memorabilia are traded and sold today (open
marketplaces, private sales, fanzine publications, major auction houses,
procurement and consignment dealers), some rather significant items can even be
found on eBay on any given day. From records to blow-up dolls, bubble-gum cards
to posters, eBay has accommodated the sale of numerous rare and hard-to-find
items like an unopened copy of their (in)famous 1966 “Butcher”cover album
(which sold for $26,099), a copy of the 1963 Twist and Shout 7″ EP with cover
signed by all four Beatles (which brought $20,700), a copy of the Parlophone
LP, Please Please Me (which sold for $15,902), and a copy of the 1964 LP
Introducing The Beatles (which sold for $10,100). With most Beatles items
igniting a bidding war drawing dozens of interested parties, it’s become common
for Beatles memorabilia to bring more than their expected appraisal value (per
“memorabilia price guides”), with an unauthorized 1964 French EP Les Beatles
fetching $9,999 in 2010, a concert program from the Beatles’ third British tour
signed by all four Beatles drawing $7,351 in 2010, a rare Beatles US “Rehearsal
Ticket” selling for $7,278 in 2011, and a vintage Beatles NEMS record player
dated September 1964 fetching $6,100 in 2010.
Although the selling and
acquisition of Beatles memorabilia is largely subject to the same general
parameters as other collectables (oddities and antiques)–scarcity, demand, and
condition—a fundamental fact is that any item is worth nothing more than what one
individual is willing to pay for it. But as has been proven time and again,
Beatles memorabilia is in a category all its own—with comparatively incidental
items fetching as much as recognized works of art. And as, perhaps, the most
commercialized and merchandised “brand” in popular culture, there is no way of
predicting which Beatles items will come into demand or how much a given
individual would be willing to pay to possess them.
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