Sgt. Pepper Record With Beatles' Signatures Sells for $290,500

Over the weekend, a copy of Sgt. Pepper's Lonely Hearts Club Band autographed by all 4 of the Beatles sold for $290,500 at auction.

Before the auction, the estimated value was $30,000 but that didn't stop collectors from bidding the price up to $120,000 during the pre-auction bid period.

The Hollywood Reporter says that "The Fab Four are believed to have signed the cover near the June 1967 release of Sgt. Pepper's. The previous record for a signed Beatles album cover was the $150,000 paid for a copy of Meet the Beatles."

Unfortunately, this was a private auction so the money won't be going to any type of charity or social organization associated with The Beatles unless the seller decides to do that after the fact.

Source: THR and ABC Local News