Beatles memorabilia disappoints sellers

A John Lennon schoolbook containing an illustration of a walrus has been sold at auction for £126,500 (€182,800).

Featuring the 12-year-old Lennon's drawing of Lewis Carroll's poem The Walrus And The Carpenter, the book had been expected to reach up to £150,000 (€216,700). The poem inspired him to write The Beatles' 1967 song I Am The Walrus.

The book of the late Beatle's early thoughts, drawings and poems was sold to a private collector in an auction of pop memorabilia in London.

A ship's log book written by the singer during a stormy trip to Bermuda in 1980 fetched £12,000 (€17,300), half its highest valuation. A letter from Paul McCartney to his bandmates failed to reach its £50,000 (€72,200) reserve price.