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Why waste your time hunting for post-Thanksgiving deals when you can spend your entire life savings on one impractical item? Say, for example, an unreleased Beatles' demo tape valued at £30,000? That's the estimated going price for this rare piece of memorabilia soon to be auctioned off in London.
The tape, which was famously (and, in retrospect, stupidly) rejected by Decca Records in 1962, features 10 tracks, performed in an "American style," according to Ted Owen of the auction house Fame Bureau. He told The Telegraph, "They are copying the American style, the style of artists like Buddy Holly and Chuck Berry. Those were the days of Rock and Roll and everybody who was trying to make a name for themselves were trying to replicate that style."
Poor Decca. Besides refusing to sign the future "greatest band of all time," then A&R executive, Dick Rowe, also told the group they had "no future in showbusiness." At least he got The Rolling Stones. The Beatles, however, landed a contract with EMI shortly after, and the rest is history.
The audition tape will be auctioned at the Fame Bureau in London's Mayfair on Nov. 27.
Tracks include:
'Money (That's What I Want)'
'Like Dreamers Do'
'Take Good Care of My Baby'
'Three Cool Cats'
'Love of the Loved'
'Memphis'
'Crying Waiting Hoping'
[NME]
