Signed Beatles album sells for $290,500

DALLAS, March 31 (UPI) -- A mint condition, signed mono copy of the Beatles' "Sgt. Pepper's Lonely Hearts Club Band" album sold for $290,500 at a Dallas auction house, officials said.

The album, signed by all four members of The Beatles, had been listed at $30,000 before the sale by Heritage Auctions.

The selling price shattered the previous record for an autographed Beatles album -- $150,000 in a private sale for a copy of "Meet the Beatles," The Dallas Morning News reported.

Two bidders -- one on the phone, another on the Internet -- battled it out for the album.

One of the two bidders -- identified only as from the U.S. Midwest -- ended up winning, The Hollywood Reporter said.