Beatle’s Memorabilia Sells for Millions

Joseph Kanner, owner of Quantum Management in Elmsford, New York, oversees the operations of the property management company. In addition to his professional responsibilities, Joseph Kanner is an avid golfer and collects a variety of rock and roll memorabilia. In recent years, high value items related to rock and roll have been selling at auction.

As rock collectibles pop up on the auction market, very wealthy collectors snap them up as investments with a distinctive nostalgic flair. Jim Irsay, owner of the Indianapolis Colts and a Beatles fanatic, has joined others in assembling an impressive collection of iconic items related to his favorite band. Recently, he added Ringo Starr’s 1963 three-piece Ludwig drum kit to his collection of Beatles memorabilia.

The drum kit appeared with the band on the Ed Sullivan Show in 1964 during their nationally televised debut. The kit, which cost Irsay $2.25 million, features the Fab Four’s distinctive logo and joins Irsay’s collection of guitars once owned by Paul McCartney, John Lennon, Ringo Starr, and George Harrison. Irsay views the collection as a symbolic reunion of the Beatles through their instruments.

Also featured at the auction at Julien’s in Los Angeles was John Lennon’s 1962 J-160E Gibson acoustic guitar, an instrument that was used to write the band’s first hits including She Loves You, Can’t Buy Me Love, and I Want to Hold Your Hand. The guitar sold for $2.41 million to an anonymous buyer.

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