The Beatles’ first contract with manager Brian Epstein is expected to sell for about £300,000 at auction.
Paul McCartney, John Lennon, George Harrison and their first drummer Pete Best signed the document on 24 January 1962, before achieving worldwide fame.
“[Epstein] stopped them eating on stage,” Gabriel Heaton, a specialist at the Sotheby’s auction house, said.
“He made sure they played the songs properly and coherently, and he got them bowing at the end of a set.”
The document, said to have been signed by the band in the front room of Best’s mother’s house, was the first of two contracts drawn up between Epstein and The Beatles.
It gave Epstein responsibility for finding the band work, and managing their schedule and publicity.
He was also to oversee “all matters concerning clothes, make-up and the presentation and construction of the artists’ acts and also on all music to be performed”.
Mr Heaton said: “He was just blown away by the passion, the energy, the charisma, the raw sexuality on stage.
“They had the stage energy but he instilled a sense of professionalism in them.”
The band’s previous manager, Allan Williams, had warned Epstein “they’ll let you down”.
Brian Epstein
- The Liverpool-born manager was in charge of the record section of his family’s shop, North End Music Stores, when he first saw The Beatles at the city’s Cavern Club
- After signing the band, he changed their image from leather jackets and jeans to suit and ties
- Epstein managed other Merseyside acts, including Cilla Black, and Gerry and The Pacemakers
- He died in 1967, aged 32, following a drug overdose – the inquest ruled it as an accidental death
However, Epstein did not sign the contract himself, saying “even though I knew I would keep the contract in every clause, I had not 100% faith in myself to help The Beatles adequately”.
“I wanted to free The Beatles of their obligations if I felt they would be better off,” he said.
The contract outlines that Epstein’s fee would be 10%, rising to 15% if their earnings should exceed £120 a week – McCartney had negotiated the maximum limit down from 20%.
Following Best’s departure from the band, another contract was signed on 1 October 1962 with Ringo Starr as drummer – and Epstein’s cut at a higher percentage.
The original contract, from the collection of Epstein’s publisher Ernest Hecht, is being auctioned for the first time next month.
Explore eil.com… the world’s best online store for rare, collectable and out of print Vinyl Records, CDs & Music memorabilia since 1987.
EIL.COM Favourite Music Update Rare CDs, CD Singles, Rare Records, Vinyl Records, Albums and Music
- The Beatles - Abbey Road - 2nd - EX - UK - vinyl LP - £125.00, $155.00, €148.75 (New Item) (arrived 30-Jan-2025 16:06)on January 30, 2025 at 4:48 pm
THE BEATLES Abbey Road (1969 UK second press 16-track stereo LP on Apple with 'The End Her Majesty' print on the label, housed in a fully laminated picture sleeve with aligned apple on the back & no 'Her Majesty' print on the sleeve. The sleeve is Excellent with little shelf wear & just minor ageing to the laminate. The vinyl is clean & in Excellent condition with a few light paper hairlines not affecting play PCS7088) #Top 500 Greatest Albums Of All Time
- The Beatles - Sgt. Pepper's - 2 Box - EMI - laminated - EX - UK - vinyl LP - £25.00, $31.00, €29.75 (New Item) (arrived 28-Jan-2025 18:00)on January 30, 2025 at 4:48 pm
THE BEATLES Sgt. Pepper's Lonely Hearts Club Band (1980 UK issue of the 1967 13-track stereo LP on the two boxed EMI logo label with 'EMI Records' perimeter text, fully laminated gatefold picture sleeve with cut-out sheet. The sleeve shows minor edge wear, whilst the vinyl is Excellent with just the odd light sign of play PCS7027)
- The Beatles - A Collection Of Beatles Oldies - 2 Box - Gram - UK - vinyl LP - £35.00, $43.40, €41.65 (Back In Stock) (arrived 27-Jan-2025 18:00)on January 30, 2025 at 4:48 pm
THE BEATLES A Collection Of Beatles Oldies (1970 UK issue of the 1966 16-track stereo vinyl LP on the two EMI box logo label with 'Gramophone Co' perimeter text, front laminated picture sleeve. The sleeve shows light wear and the vinyl remainsin excellent condition PCS7016)
- The Beatles - Please Please Me - 2 Box - EMI - EX - UK - vinyl LP - £25.00, $31.00, €29.75 (New Item) (arrived 28-Jan-2025 09:23)on January 30, 2025 at 4:48 pm
THE BEATLES Please Please Me (Circa 1978 UK issue of the debut 1963 14-track stereo LP, on the two EMI boxed logo label with 'EMI Records Ltd' perimeter text, front laminated picture sleeve. The sleeve is Excellent with some minor edge wear and discolouring to the unlaminated reverse, whilst the vinyl is clean & in Excellent condition with the odd faint hairline not affecting play PCS3042)
- The Beatles - Sgt. Pepper's - 2 Box - EMI - laminated - EX - UK - vinyl LP - £25.00, $31.00, €29.75 (New Item) (arrived 28-Jan-2025 09:29)on January 30, 2025 at 4:48 pm
THE BEATLES Sgt. Pepper's Lonely Hearts Club Band (1980 UK issue of the 1967 13-track stereo LP on the two boxed EMI logo label with 'EMI Records' perimeter text, fully laminated gatefold picture sleeve with cut-out sheet. The sleeve shows minor edge wear, whilst the vinyl is Excellent with just the odd light sign of play PCS7027)
Be the first to comment