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Yesterday I started a thread in the Town Square category which was just meant to deal with the general issue of liability with respect to letters of authenticity. I used an example from tomorrow's Heritage auction - a signed "Meet The Beatles" (MTB) album.
Having dug a bit deeper, I realise that this album has been auctioned a couple of times recently and has been discussed on AML as well. I think it is definitely worth looking at it again.
Here is the item link:
http://entertainment.ha.com/itm/entertainment-and-music/beatles-sig...
As you can see, the album has a 1995 Frank Caiazzo letter of authenticity and is offered with an estimate of "$15k and up".
This album was sold by the doctor's family for around $63k in May 2011 and re-sold at RR Auctions for about $120k in March 2014. RR stated that the album was accompanied by full letters of authenticity from PSA/DNA, Roger Epperson/REAL, and Tracks. No mention of Frank's 1995 - why?.
The album was discussed on AML when the 2011 sale took place ("Unknown Band-Signed "Meet the Beatles" Album Surfaces in Antiques Auction, Sells for $63,250", posted 6 June 2011). The images in that thread look a whole lot dirtier than the Heritage images - presumably it has been to the restorers for a wash and brush-up.
Here is the AML link:
http://live.autographmagazine.com/profiles/blogs/unknown-bandsigned...
Quite why the album is being offered yet again with an estimate of "$15k up" and with no mention of the letters of authenticity included in RR's item description is anyone's guess. It may be my eyes, but the image in Frank's 1995 letter also appears to be the "cleaned up" version. Very strange!
Dr. Gordon apparently had two MTB Albums signed. One was inscribed to him and the other (the album being sold tomorrow) was not. In the 2011 AML discussion people found it odd that the uninscribed album had only surfaced several years after the inscribed one had been sold. With the new Heritage information that the uninscribed one had been authenticated by Frank in 1995 this now seems even odder. It may be that the family had it authenticated in 1995 but why if it was not being sold at the time? They knew where it came from.
As a side issue, also discussed in 2011, it also seems odd that the doctor didn't get the second MTB inscribed to his son and why George wouldn't have mentioned the doctor's treatment, as he did on another example signed for the doctor.
By the way. the inscribed Dr. Gordon album appears to have sold at Case Antiques for around $75k later in 2011 (after the June AML post). After that it appears to have disappeared into a collection. I would far rather have had that one as there is an actual link to the provenance story.
Phew! Sorry if all that was a bit confusing. I have no vested interest or grudges against any particular auction house or authenticator by the way.
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I saw the Louise Harrison one in person a few years ago when it was on display as part of the Rock and Roll Hall of Fame's short-lived New York Annex—essentially a rock memorabilia treasure-trove museum in Greenwich Village. It was a beautiful piece in great shape, as I recall.
So this was signed after the guys week in new your Louise mtb album, signed on a train. it has a promotional red stamp on it.
You can see the age in the album en in lennon is smudged out and scruffy corners.
Yes! It may not be the nicest from the standpoint of condition, but it's incredibly important for being the first, the Beatles apparently never having previously even seen a copy of their American LP before signing this one (and it's a Stereo copy).
Go to 22:14 of the video linked below:
http://www.pbs.org/wgbh/roadshow/video/1301.html
What beautiful, enormous signatures, and what great anecdotes from the time of signing.
I just took a look at the auction. I think the album sold for $38,000...
Final price: $47,500, all in (including the buyer's fee). I imagine the purchaser is very happy. This would have sold for substantially more a couple of years ago. Genuine fully-signed U.S. LPs are much scarcer than signed UK issues. Prices for many major collectibles have come down noticably in the past year or so, including U.S. coins. Probably a reflection of the overall economy.
With the Heritage *third doctor Gordon album" going for considerably less than the other two did in 2011 (x2) and 2014 (re-sale of a 2011 album), I suspect others may have shared my concerns about the provenance of the piece.
Maybe this ties-in nicely with our recent discussion on the importance of provenance:
http://live.autographmagazine.com/forum/topics/how-much-does-great-...
In this case the autographs themselves looked bang-on and the condition looked lovely but the provenance didn't seem to stack-up 100%.
Obviously it may just be that the apperance of a third doctor Gordon album made the doctor-related albums less appealing as a whole - after all the supply increased 50% with its appearance.
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