An audition tape made by the Beatles’ at their audition session for Decca Records on Jan. 1, 1962 will be auctioned Nov. 27, the Fame Bureau, UK auctioneer, announced Friday.
The legend band group were told by a Decca Records “they had no future in showbusiness” as guitar groups were “on the way out” following the audition, The Telegraph reports.
The decision of the studio was proved to be one of the worst made in music history. Within months John, Paul, George and original drummer Pete Best had signed with EMI and soon became the greatest band of all time.
The Beatles’ manager Brian Epstein reportedly held on to the audition tape he had paid to make, and later gave it to an executive associated with EMI.
Epstein sold it in 2002 to a buyer of music memorabilia, who is now selling it at auction with a pre-sale estimate of £30,000.
The mono master safety copy, features the songs “Like Dreamers Do,” “Money,” “Take Good Care of My Baby,” “Sure to Fall,” “Three Cool Cats,” “Love of The Loved,” “Memphis,” “Crying Waiting Hoping,” “Till There Was You” and “Searchin’.”
“We’ve been told it’s a safety master,” Ted Owen of the Fame Bureau told reporters. “It came out of Capitol Records in Los Angeles.”
“It is totally unique and the sound quality is crystal clear,” he added, revealing that the tape went to a Capitol Records executive after the Beatles signed with EMI.
“He sold it to the current owner who was one of the top buyers for Hard Rock Cafe but it was for his own personal collection.”
Owen also said that the tape includes covers from mainly American artists and in some songs they sound American.
“They are copying the American style, the style of artists like Buddy Holly and Chuck Berry,” he said. “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.”
“They were hoping that by doing that they would get a record deal. But they were turned down, which is pretty ironic when you look at what happened after.”
He continued, saying: “The great thing for me is the quality,” which he described as “pristine.” The value of the lot is estimated at between £18,000/20,000 ($28,600 to $31,770 USD).
Bill Heckle, the co-owner of The Cavern Club in Liverpool, said: “This was always a big, big deal for Beatles fans.
“It was a great album. It was the one that failed the audition but it is such a historical document.”
The highly expected auction is scheduled at 5 p.m. GMT Nov 27 at the London Playboy Club. The list of Beatles items includes an RIAA gold record award for “The Beatles Anthology 3” and unreleased cover proofs for the Beatles’ “Yesterday and Today” album, including a proof of the Butcher cover picture, Examiner informs.