CapitolRecords

Unused Beatles Album Art Goes Up For Auction

The painting shown above, a 1968 watercolor by American artist Jim Dine, has an interesting story. The work was originally commissioned by Capitol Records for a Beatles album which was never made because the Beatles left Capitol and formed the Apple Records label. The graphite and watercolor on vellum lot of five works depict individual toothbrushes labeled for each member of the band The pieces, which are expected to bring $25,000-35,000, have been in the private collection of former president of Capital Records, Sal Iannucci, and his wife Aileen.

These unique pieces are part of the Bonhams & Butterfields fall auction of Modern, Contemporary and Latin American Art on November 17, 2009 in Los Angeles. The over 200-lot sale will include pieces by Alexander Calder, Paul Cézanne, Pedro Coronel, Emil Filla, George Grosz, Armand Guillaumin, Henri Lebasque, Fernand Léger, Maximilien Luce, Diego Rivera, Frank Stella, Maurice Utrillo, Andy Warhol and Francisco Zúñiga, as well as a selection of contemporary Asian art. The auction catalogue's cover lot, Study for a Blue Nude, 2000 by Tom Wesselmann is expected to bring $50,000-70,000.

Gallery: Four Beatles, Four Toothbrushes

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Tags: apple records, AppleRecords, art, beatles, capitol records, CapitolRecords, george harrison, GeorgeHarrison, jim dine, JimDine, john lennon, JohnLennon, music memorabilia, MusicMemorabilia, paul mccartney, PaulMccartney, ringo starr, RingoStarr

Will the Capitol Records Building Go Condo?

by Deidre Woollard (RSS feed) —

Filed under: Estates

Brilliant idea or sacrilege? Los Angeles is buzzing this morning about the potential proposal to turn the iconic Capitol Records building into luxury condos. According to the LA Times, many people, including Mayor Antonio Villaraigosa, think the building is too historic to become condos and should remain in the music biz. The building, which is said to be the world's first cylindrical office tower is meant to resemble a needle and a stack of records. A spokeswoman from EMI has said that while they aren't seriously shopping the building around, they are listening to proposals from potential buyers. Curbed LA references an LA Business Journal article that says EMI could make $35 to $50 million on the sale. City officials are working with EMI in the hopes of keeping the building in the music business. I know the building is a landmark but the real estate hound in me can't help but think that it would make amazing condos.

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Tags: california real estate, capitol records, CapitolRecords, los angeles