Ringo Starr drum kit fetches $2.2 million at auction

6 Dec 2015 | Author: | No comments yet »

Ringo Starr’s Personal ‘White Album’ Just Sold for Record Amount.

An auction of items owned by Ringo Starr and Barbara Bach has fetched some phenomenal prices for pop culture items, including a breath-taking $1.75 million for Starr’s original drum set, the one used in such hits as “Can’t Buy Me Love” and “I Want to Hold Your Hand”.is the drummer of the phenomenal Beatles band of the 1960s and his drums have just sold for $1.75 million at auction, according to Fox News on Saturday. According to the Guinness Book of Records, the most expensive drum set ever sold at auction before was Keith Moon’s Premier drum kit used between 1968 and 1970 with The Who.

Rolling Stone reports that the purchaser was Jim Irsay, the owner of the Indianapolis Colts who has been buying up all sorts of classic rock memorabilia. In recent years, he bought the guitars used by John Lennon on “Paperback Writer” and the Fender Stratocaster Bob Dylan played at the 1965 Newport Folk Festival. According to Julien’s Live, the house that conducted the auction, Starr used the kit from May 1963 through Feb. 4, 1964, a few days before their arrival in America. It had been purchased at Drum City, Ltd. in London by Starr and Beatles manager Brian Epstein, who then asked store owner Ivor Arbiter to create the logo that appeared on the bass drum head.

The White Album copies were numbered in sequence, so the new owner of this album will have no doubt that this was Ringo’s album, which is the first printing produced of the album. At $1 million, though things were off and running – with Irsay ultimately claiming the prize at a significant premium over $500,000 the auction house had estimated the drumset would go for. Both items, along with a numerous others from Starr including a guitar given to him by Lennon in 1968, went up for auction via Julien Auction’s website.

According to its website, “the objectives of the Lotus Foundation are to fund, support, participate in and promote charitable projects aimed at advancing social welfare in diverse areas including, but not limited to substance abuse, cerebral palsy, brain tumours, cancer, battered women and their children, homelessness, animals in need.” In relation to the Beatles, he also owns a guitar that were owned and used by Paul McCartney who still tours as a solo artist 50-some years after the group made their splash on the music scene. One of the few items in this auction that didn’t need the benefit of having Ringo Starr as the previous owner to sell was the 1971 18-karat yellow gold “Moonphase” Patek Philippe wristwatch. The estimated price on that watch was $80,000, but it sold for an astronomical $179,000, which was more than double what the experts thought it would fetch.

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