Thursday January 1, 1970

Beatles, Nirvana Memorabilia Raises Thousands At Auction
In New York

By Jason Gregory

An auction of memorabilia belonging to the likes of The Beatles and Nirvana has raised thousands of dollars in New York.

A souvenir poster of The Beatles 'Sgt Pepper...' album was the most popular item, raising $52,500.

One of the late Kurt Cobain's bass guitars raised $43,750, while handwritten lyrics by Bob Dylan fetched $25,000.

More than 300 pieces of music memorabilia went under the hammer at Christie's, raising a total of $650,000.

But only around 70% of all items sold, as the auction industry continues to feel the effects of the tough economic climate.

Copyright:Gigwise