The famous Beatles logo -- a wonder of understatement also known as ‘the Drop-T’ design -- was based on a sketch made by instrument retailer Ivor Arbiter in 1963.

The store owner quickly drew the design after negotiating with Beatles manager Brian Epstein, who was looking for a drum kit for Ringo Starr back in 1963. Arbiter wanted the name of the drum company placed on the bass head, and Epstein agreed -- IF the Beatles' name was also featured. And what was Arbiter paid for creating a logo that will outlive us all? Five pounds!