The Beatles first-ever recording contract for the rock version of "My Bonnie Lies Over The Ocean" was estimated to go for $150,000 at Heritage Auctions, but fell short of that price mark going for more than $90,000 according to the Associated Press.
The six-page contract obviously had a huge impact on the band and the very history of rock music, but at the time, the band was only paid $80 for the song. "My Bonnie" was only released in Germany but the song found its way to the band's future manager Brian Epstein, effectively launching their legendary careers.
At the time, Ringo Starr wasn't even a part of the band yet, with drummer Pete Best signing the document alongside Paul McCartney, John Lennon and George Harrison.
The contract sold Saturday by German Beatles collector and historian Uwe Blaschke, who died in 2010, went for $93,750, according to the Associated Press.
Music critics Jim DeRogatis and Greg Kot pointed out on their weekly Sound Opinion's podcast, that this isn't exactly The Beatles' finest work going up for auction. It seems a little over the top to be bidding so much money on a few pieces of paper that were only valued at $80 back in 1961 when the contract was made. Not everything The Beatles did was incredible and infallible, like some might lead you to believe.
There are plenty of other cooler pieces of Beatles' history you could bid for at these auctions. According to Rolling Stone, in recent months, fans have purchased items including Lennon's "Love Me Do" guitar and "Paperback Writer" guitar, The Beatles Help! Jackets, a rare recording of a Beatle's show in a Hamburg strip club and McCartney's childhood home.
Listen to the song the unidentified buyer paid more then $90K for just to hang the contract papers up on his wall.
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