How much Beatles history can you get for £1 million?

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Cavern Club

There was outrage in Liverpool today, after reports at the weekend claimed that the famous Cavern Club - where the Beatles made their name in the early 1960s - was up for sale for £1 million as part of the sale of a nearby shopping centre. The club issued a strong statement that the reports had been 'misleading' and that the club was not for sale as part of the deal.

So if you have £1 million kicking around and you can't buy the Cavern Club, how much Beatles memorabilia could you get your hands on?

No club

The club is out of the question, after it issued a statement saying: "The Cavern Club would like to clarify the misleading features that have recently appeared in The Times and New Musical Express (NME); The operational business of the Cavern Club is not up for sale by Auction."

You could try for the auction lot as it is. The Cavern Walks Shopping Centre on the doorstep is a snip at £1 million. Admittedly it's not the same club that the Beatles played in during the 1960s - but then again the Cavern can't lay claim to that either.

The original building was demolished in 1973 as part of a grand scheme for a new railway system. However, the scheme fell through and the new club was built on almost exactly the same site in the 1980s - using many of the bricks reclaimed from the original Cavern.

Alternatives

If that doesn't float your boat, there are alternatives. Sadly £1 million wouldn't stretch to the only former Beatles home that is currently on the market. John Lennon's home in Surrey - where he lived between 1964 and 1968 - is on the market for £13,750,000.

If you can push the budget a bit you could get the most expensive piece of Beatles memorabilia ever sold - John Lennon's psychedelic Rolls Royce Phantom V, which sold for just under £1.5 million in 1985.

If that's too rich for your blood, there's always the Steinway Model Z piano that John Lennon wrote Imagine on. That was bought for £1.3 million by George Michael in 2009 - and he donated it to the Beatles Museum.

If you're going to be a stickler about staying below £1 million, there's the third most expensive piece of Beatles merchandise - the painted drum skin which was on the cover of Sgt Pepper's Lonely Hearts Club Band which sold for just under £700,000 in 2008, or John Lennon's handwritten lyrics for 'All You Need Is Love" which fetched £620,000 at auction in 2009.

Of course, they may not prove quite so useful as your very own Beatles-themed shopping centre - but in the current climate, who knows whether they would prove a better investment.