The Fab Four are believed to have signed the cover near the June 1967 release of Sgt. Pepper's. The previous record for a signed Beatles album cover was the $150,000 paid for a copy of Meet the Beatles.
Ahead of the auction, Beatles expert Perry Cox said of the piece: "With my being thoroughly immersed in Beatles collectibles for over 30 years, it takes something extraordinarily special to excite me, but I consider this to be one of the top two items of Beatles memorabilia I've ever seen - the other being a signed copy of Meet The Beatles."
The album is a U.K. Parlophone copy with a high gloss cover and gatefold.
by Aaron Couch