As Ultimate Classic Rock reports, a copy of the 1974 contract that brought The Beatles to an end — in the legal sense, that is — is currently up for auction. And, based on auction house GottaHaveRockandRoll.com’s estimate, it could sell for up to half a million dollars.
While the current bid is below the set mark, the auction is set to end on June 30, 2023.
The letter is a typewritten document with six signatures from the four Beatles. (George Harrison and John Lennon signed it twice apiece, in their capacity as it relates to Apple Corps Limited.) As the auction house explains, the signatures were gathered over the course of December 1974, with Lennon signing it last — and doing so while on vacation in Florida.
Confirming the “dissolution of the partnership,” the authenticated letter granted Lennon, Harrison, Paul Mc Cartney, and Ringo Starr the freedom to pursue their solo careers solely and individually, while requiring unanimous approval for all matters regarding the Beatles’ finances.
CULTURE (counter, pop, and otherwise) and the people who shape it.