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$290,500 album: Beatles record goes for big bucks at auction

$290,500 album was a rare copy of The Beatles' 'Sgt. Pepper's Lonely Hearts Club Band' sold at a Dallas auction. The $290,500 album was signed by all four members of the Beatles. 

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This undated image provided by Heritage Auctions shows what is described as a 'pristine' copy of The Beatles’ 'Sgt. Pepper’s Lonely Hearts Club Band' album autographed by all four members of the band. The album sold for $290,500 over the weekend.

Heritage Auctions/AP/File

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A copy of The Beatles' "Sgt. Pepper's Lonely Hearts Club Band" album signed by all four band members has sold at auction for $290,500.

Dallas-based Heritage Auctions says a Midwest collector bidding online purchased the autographed album Saturday. Names of the seller and the buyer have not been made public.

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The Beatles signed the album on the gatefold above pictures of their heads. Heritage originally estimated the 1967 album would sell for around $30,000. Pre-auction bids topped $120,000.

The album was the centerpiece of an auction featuring a variety of music and entertainment memorabilia.