First recording contract of The Beatles up for auction

Written in German and signed in 1961, it is expected to fetch $150,000.

NEW YORK: The first recording contract ever signed by The Beatles — during their early days in Hamburg, Germany — is expected to fetch about $150,000 when it goes up for auction in New York next month, the company handing the sale said on Tuesday.

The contract, written in German and signed in 1961 by Paul McCartney, John Lennon, George Harrison and then-drummer Peter Best, is part of a 300 — lot collection of Beatles memorabilia assembled by the late German record producer Uwe Blaschke.

Dean Harmeyer, consignment director at Heritage Auctions, called the contract “perhaps the most historically important Beatles document to ever appear at auction.”

The Blaschke collection includes photos, documents and autographs related to the time the band from Liverpool, England spent in Germany in the early 1960s before going on to conquer the world.

The 1961 contract was for a record that didn’t even bear the name of The Beatles. It was for an up-tempo version of the traditional German children’s song My Bonnie and was credited to Tony Sheridan & The Beat Brothers because the record company felt the name “Beatles” was unsuitable for the German market, according to the auction house.

“Without this contract, which directly led to their involvement with [manager] Brian Epstein, the Beatles may have never been able achieve their later success as a recording group. And at the time it was a momentous career milestone — they’d finally secured an actual recording deal, something they had only dreamed of before My Bonnie,” Harmeyer said in a statement.

Other items for sale include an autographed copy of the group’s first hit single Love Me Do, which is expected to fetch $10,000, and a snapshot of  a 17-year-old Harrison modelling his first leather jacket, taken in 1960 in Hamburg, with an estimated sale price of $3,000.

The Beatles split up in 1970. Lennon was shot dead in New York in 1980 and Harrison died of cancer in 2001. The Heritage Auctions event will be held in New York on September 19 after a traveling exhibition of some items to Beverly Hills and Dallas. 

Published in The Express Tribune, August 20^th, 2015.

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