Beatles LP sold for £12,000

Updated at 7:30 am on 1 January 2013

A rare copy of a Beatles LP signed by all four band members has been sold for £12,000.

Chris Collins, from Eastbourne, and his sister, Liz Chambers, from Worthing, had hoped to get £15,000 for the LP, Please Please Me, which was given to their late father during a drinking session.

But hey have now accepted £12,000 from private buyers.

The BBC reports the album was signed by John Lennon, Paul McCartney, George Harrison and Ringo Starr after they used it as a drinks coaster during a card game in 1963.

Please Please Me was The Beatles' first album, released in March 1963.

The earliest copies had black and gold labels and are more valuable than subsequent versions, featuring black and yellow ones.

Next story in World: Elephants killed by train