An early disc created by three of the original Beatles has become England's most expensive record of all time worth at $180,000 (GBP100,000) - even though it only cost 90 pence ($1.60) to make in 1958.

Sir Paul McCartney owns the first pressing of his pre-Beatles group THE QUARRY MEN's version of THAT'LL BE THE DAY recorded with John Lennon and GEORGE HARRISON and other bandmates COLIN HANTON and JOHN DUFF LOWE.

However, McCartney is unlikely to sell the recording.

Magazine RECORD COLLECTOR's editor JACK KANE says, "The main factor in the price is not, as you might think, scarcity, it is actually desirability.

"We base the prices on information from dealers, collectors and experts who have their ears to the ground, but eBAY has confused things.

"You can sell exactly the same thing a few days apart and there can be a variation of price of up to 500 per cent."

01/11/2004 10:47