'Holy Grail' Beatles record sold for £77,500 at auction Published duration 22 March 2016

image copyright Omega Auctions image caption The 78 RPM record was the first Beatles disc to be cut and bears the writing of their manager Brian Epstein

An extremely rare Beatles record found languishing in a loft has sold for £77,500 at auction.

The 10-inch acetate of Till There Was You and Hello Little Girl from 1962 has been described as "a Holy Grail item".

It was the first Beatles disc to be cut before the band broke into the national charts and bears the writing of their manager Brian Epstein.

Omega Auctions said it was "nicely surprised" by the price paid by a Manchester man for the item.

The disc lay forgotten in the home of Les Maguire - the keyboardist in fellow Liverpool act, Gerry and the Pacemakers.

image copyright PA image caption The record was kept in the loft of the home of Les Maguire (far left) for more than 50 years

The 78 RPM record - mislabelled by Epstein as 'Til There Was You and described as being the work of "Paul McCartney & The Beatles" - was made at the HMV store in Oxford Street, London.

Hello Little Girl, on the other side, was again mislabelled as Hullo Little Girl and was described as being by "John Lennon & The Beatles".

In a bid to secure the band a recording contract, it was presented to future Beatles producer George Martin - who died earlier in March - at the EMI record label.

Maguire, 74, of Formby, Merseyside, was given the disc by Epstein in 1963, after it had been returned to him by Martin.

image copyright PA image caption The Beatles went on to record 17 UK number one singles

The record was sold at the Warrington auction, having been locked away in Maguire's loft - where it was kept wrapped in paper for more than 50 years.

He earlier described the record as "a special piece", adding: "It's no good to me so I've given it to my granddaughter, who is hoping to buy a house after passing her accountancy exams."