The Beatles’ First Contract Up For Auction

The Beatles’ First Contract Up For Auction

 

The Beatles signed their first contract with their late manager Brian Epstein on January 24th, 1962, 14 months before their debut album “Please Please Me” was released. Now, one lucky fan has the chance to get their hands on the contract – that is, if you’ve got the cash.

The document is being auctioned off by Sotheby’s from July 1st to July 9th, expected to go for as much as $380,000. It was signed in original drummer Pete Best’s living room by Best, Paul McCartney, John Lennon, and George Harrison – they agreed to pay Epstein a fee of 10-percent, or 15-percent if their earnings reached more than $150 per week.

Epstein was warned that the group would “let him down,” but knew their potential once he saw them play at Liverpool’s Cavern Club. He’s credited with instilling a “sense of professionalism” in the young rockers to compliment their energy on stage.

  • Check out the listing HERE.
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