The Beatles’ original management contract with Brian Epstein was sold at Sotheby’s London today for £275,000. Signed by the band on 24 January 1962 the old piece of paper marked the beginning of the transformation of The Beatles into a band that would conquer the world.
Manager Brian Epstein’s signature is conspicuously absent from this contract. He chose not to sign it, meaning that, whilst this contract bound Epstein to the Beatles, it did not bind The Beatles to Epstein. He explained: “It was because even though I knew I would keep the contract in every clause, I had not 100 per cent faith in myself to help the Beatles adequately. In other words, I wanted to free the Beatles of their obligations if I felt they would be better off.”
A a collection of material relating to The Fab Four’s legendary performances in Hamburg sold for a combined £66,625. The city had become instrumental in the development of the British rock and roll scene by chance, thanks to a Liverpool club owner who ended up exporting English rock and roll bands to German bars. The Beatles had been going there since 1960, and performed at the Star-Club, the city’s leading rock venue managed by Horst Fascher. Two performance contracts for The Beatles at The Star-Club sold for £35,000 and £18,750 respectively. A collection of photographs and further materials relating to the Star Club sold for £11,875, many multiples of the estimate of £2,000-3,000.
