The Beatles memorabilia worth millions could be at risk of losing value as it emerges the band would FORGE each other’s autographs
The Beatles memorabilia reportedly valued at ‘millions of pounds’ might see its prices slashed after it was revealed that the band members used to fake each other’s signatures, according to The Sun.
Jools Holland has a record from the Fab Four, and he revealed it was covered in autographs from the stars which were, in fact, all written by guitarist George Harrison.
The musical legend and TV presenter, 63, said on the Jools and Jim’s Joyride podcast: ‘George Harrison gave me a Beatles record all signed entirely by him.
Wow: The Beatles memorabillia reportedly valued at ‘millions of pounds’ might see its prices slashed after it was revealed that the band members used to fake each other’s signatures
‘He said that when they started, they’d have to sign thousands of autographs for the Beatlemania fans so they’d all practice and know how to do each other’s.’
In 2020, a Sgt Pepper’s Lonely Hearts Club Band album dating back to 1967 was signed by the late George, Sir Paul McCartney, the late John Lennon and Ringo Starr. It reportedly sold for more than £129,000.
A sealed lock from one of the The Beatles’ head was previously available on eBay for the price of £29,000.
The seller claimed the strand is genuinely from one the Fab Four – and was cut off after a tour in the 60s.
Big bucks: A Sgt Pepper’s Lonely Hearts Club Band album dating back to 1967 was reportedly sold for more than £129,000 in 2020 (pictured Sir Paul McCartney)
In 2019, the band brought in an eye-watering £50 million – equivalent to a million pounds for each year that the band has not been releasing music.
According to the Mirror, company accounts filed to Apple Records Limited for the year until January show that the band made £50,244,899 over a year.
That figure amounts to the equivalent of £137,657 made by the company per day, which was set up in 1968 by the band to run its business interests.
The company – which doesn’t even own the Beatles back catalogue of songs – then reportedly paid £6.1million each to Sir Paul, 78, Ringo, 80, John Lennon’s widow Yoko Ono and George Harrison’s widow Olivia.
Got you: Jools Holland has a record from the Fab Four, and he revealed it was covered in autographs from the stars which were, in fact, all written by guitarist George Harrison
John was murdered in 1980 while George died from lung cancer in 2001.
This figure was made up of £1,417,000 in dividends and £4,719,500 in ‘connection with the provision of promotional services and name and likeness rights’.
The Beatles are the best-selling recording artists of all time, selling an incredible 1.6 billion singles in the US alone.
Lead song writers Paul and John have each written a total of 32 and 26 number one hits respectively.
Representatives for Paul, Ringo and Yoko 88, were approached by MailOnline for comment.
Apple Corps – which had a long dispute over its name with Apple computers – also made a pre-tax profit of £8,606,191 for the year January.
Luscious locks: A sealed lock from one of the The Beatles’ head was previously available on eBay for the price of £29,000 as the seller claimed the strand is genuine