Tape Of The Beatles Toronto Press Conference Fails To Sell At Auction
Posted June 13, 2010 4:09 pm.
This article is more than 5 years old.
A 14-minute tape recording of a 1966 Beatles news conference in Toronto did not find a buyer on Sunday.
The two reels up for auction feature John Lennon responding to questions about his statement that the Beatles were more popular than Jesus.
The auction house, Los Angeles Bonham and Butterfields, estimated the artifact would fetch between $20,000 to $25,000.
Jannelle Grigsby, from the auction house, says while there was interest in the room, and the auctioneer was taking bids, the tapes did not find a buyer.
Grigsby says the auction process works with a reserve, which is a confidential number that the client and the auction house agree upon, and if the item does not meet the reserve, the item does not sell.
Grigsby says she had no immediate information on how high the bidding reached, or what will now happen to the recordings.
Another audiotape of the recording will be auctioned off in Dallas and online in October.
