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The Beatles poster sells for 5,000

The Beatles poster sells for $275,000

A poster of the Beatles concert at Shea Stadium in New York in August 1966 sold for $275,000 at auction on Saturday. Heritage Auctions announced Monday that this was a record for a prom poster. She added that it was not necessary to restore the 56-year-old label due to its very good condition.

It had not previously been in the possession of a collector, but had owned for decades who had no idea the value of the label until it was sold. It sold for $220,000 plus a $55,000 sales premium to the auction house.

The Beatles first played at New York baseball stadium in 1965 at the height of their career, but according to newspaper reports at the time, they were unable to sell the following year. The New York Times reported at the time that there was room for an additional 10,000 fans on August 23, 1966.

Six days later, the band played their last regular concert in San Francisco. By the mid-1960s, the Beatles switched to more experimental music that rarely played in large stadiums—and members of the band were slamming the background noise of screaming fans.

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