Signed Copy of 'Sgt. Pepper's Lonely Hearts Club Band' will go to Auction -
A signed edition of The Beatles
'Sgt. Pepper's Lonely Hearts Club Band'
has created a 'frenzy' for Texas-based Heritage Auctions as
Beatles fans and collectors vie for the rare signed record.
Advance bids for the Fab-Four's concept record, which was first released in June 1967, have rocketed past the estimated price by tens of thousands of dollars according to the Associated Press.
The seminal art-rock project was The Beatles eighth studio effort and a worldwide critical and commercial success, spending a total of 27 weeks at the top of the UK Album Chart and 15 weeks at number one on the US Billboard 200.
Gary Shrum, the auction company's consignment director, said that the bidding war has "taken on a life of its own" as the item's went from an opening cost of $15,000 to well past $110,000. Heritage Auctions expected the album to sell for about $30,000.
George Harrison, John Lennon, Paul McCartney and Ringo Starr each autographed the album across the top of its inside gatefold.
The Beatles 'Sgt. Pepper's Lonely Hearts Club Band'