FAB 4 COLLECTIBLES : The Capitol 1968 "Subsidiary" 45 Singles & LP Albums

"SUBSIDIARY" SWIRL 45 SINGLES

IN 1968, AS PART OF A CORPORATE RESTRUCTURING OF CAPITOL AND EMI, CAPITOL RECORDS, INC. BECAME A WHOLLY OWNED SUBSIDIARY OF A NEW ENTITY KNOWN AS CAPITOL INDUSTRIES, INC. THE DECISION WAS MADE TO IDENTIFY THE NEW ARRANGEMENT ON SUBSEQUENT CAPITOL RELEASES. THIS REQUIRED THE REPRINTING OF 45 SINGLES AND LP ALBUM LABELS TO REFLECT THE NEW OWNERSHIP.

FOR SINGLE RELEASES, THE PERIMETER PRINT WAS CHANGED TO
"MFD. BY CAPITOL RECORDS, INC, A SUBSIDIARY OF CAPITOL INDUSTRIES, INC. U.S.A."

THE PERIMETER PRINT WAS NOT THE ONLY CHANGE TO TAKE PLACE IN 1968. THAT SUMMER, CAPITOL RETOOLED ITS 45 PRESSING MACHINES TO PRODUCE "NON-SLIP" DISCS. THE NEW SINGLES, WHICH MADE THEIR DEBUT ON AUGUST 1, HAD A RING OF 360 NOTCHES AROUND THE LABEL. THE PURPOSE OF THE NOTCHES WAS TO HAVE THE RECORD INTERLOCK TO OTHER RECORDS WHEN STACKED. BECAUSE THE NOTCHES WERE RAISED, THEY COULD ALSO GRIP THE SMOOTH SURFACE ON RECORDS THAT DID NOT HAVE THE SERRATIONS. THE LABELS FOR THE NEW DISCS WERE REDUCED FROM 3 5/8" TO 3 5/16" TO ACCOMMODATE THE NOTCHED RING.

ALTHOUGH THE SUBSIDIARY SWIRLS ARE NOT FIRST ISSUES, THEY ARE MUCH RARER THAN THE FIRST ISSUES BECAUSE THEY WERE PRESSED FOR LESS THAN ONE YEAR - AND ARE HIGHLY COLLECTIBLE !!

ITEM #	TITLE RECORD CAT.# RELEASE DATE COMMENTS	GRADE	PRICE
S966	Can't Buy Me Love b/w You Can't Do That Capitol 5150, 8/1/68, OSC, East Coast Scranton Pressing, Keystone Labels *STORE STOCK ! MINT ! UNPLAYED !*	M Unplayed	$400 *SOLD*
S918	Can't Buy Me Love b/w You Can't Do That Capitol 5150, 8/1/68, OSC, East Coast Scranton Pressing, Thin Print *STORE STOCK ! MINT ! UNPLAYED !*	M Unplayed	$400 *SOLD*
S829	A Hard Day's Night b/w I Should Have Known Better Capitol 5222, 8/1/68, OSC, East Coast Scranton Pressing, Keystone Labels *STORE STOCK ! MINT ! UNPLAYED !*	M Unplayed	$400 *SOLD*
S919	A Hard Day's Night b/w I Should Have Known Better Capitol 5222, 8/1/68, OSC, West Coast Los Angeles Pressing *STORE STOCK ! MINT ! UNPLAYED !*	M Unplayed	$400 *SOLD*
S967	I'll Cry Instead b/w I'm Happy Just To Dance With You Capitol 5234, 8/1/68, OSC, East Coast Scranton Pressing, Keystone Labels *STORE STOCK ! MINT ! UNPLAYED !*	M Unplayed	$400 *SOLD*
S719	And I Love Her b/w If I Fell Capitol 5235, 8/1/68, OSC, West Coast Los Angeles (small font) Pressing This example is UNPLAYED, STORE STOCK ! Labels are stunning. Very small and light glue residue from removed sticker is on A-Side. Does not detract from beauty !!	M -	$375 *SOLD*
S855	And I Love Her b/w If I Fell Capitol 5235, 8/1/68, OSC, East Coast Scranton Pressing The Scranton pressing has "THE BEATLES" loosely spaced and "Maclen Music" on the top line to the right of the center hole. It also has the 7-204 release date code below the master number.	NM	$375 *SOLD*
S180	Matchbox b/w Slow Down Capitol 5255, 8/1/68, OSC, West Coast Los Angeles Pressing *STORE STOCK ! MINT ! UNPLAYED !*	M Unplayed	$400 *SOLD*
S920	I Feel Fine b/w She's A Woman Capitol 5327, 8/1/68, OSC, West Coast Los Angeles Pressing *STORE STOCK ! MINT ! UNPLAYED !*	M Unplayed	$400 *SOLD*
S858	HELP! b/w I'm Down Capitol 5476, 8/1/68, OSC, East Coast Scranton Pressing With Rarer "BLACK" Perimeter Print Towards the end of the Subsidiary Swirl run, Capitol switched to black perimeter print. The Keystone black perimeter print labels have the same font and typesetting as the Keystone white perimeter labels. The "HELP!" Subsidiary black print label is one of only seven that had the black print. *STORE STOCK ! MINT ! UNPLAYED !*	M Unplayed	$450 *SOLD*
S913	Yesterday b/w Act Naturally Capitol 5498, 8/1/68, OSC, East Coast Scranton Pressing, Keystone Labels *STORE STOCK ! MINT ! UNPLAYED !*	M Unplayed	$400
S968	Yesterday b/w Act Naturally Capitol 5498, 8/1/68, OSC, East Coast Scranton Pressing, Keystone Labels *STORE STOCK ! MINT ! UNPLAYED !*	M Unplayed	$400 *SOLD*
S515	Yesterday b/w Act Naturally Capitol 5498, 8/1/68, OSC, West Coast Los Angeles Pressing	VG +	$125 *SOLD*
S795	We Can Work It Out b/w Day Tripper Capitol 5555, 8/1/68, OSC, East Coast Scranton Pressing, Keystone Labels *STORE STOCK ! MINT ! UNPLAYED !*	M Unplayed	$400 *SOLD*
S162	We Can Work It Out b/w Day Tripper Capitol 5555, 8/1/68, OSC, West Coast Los Angeles (small font) Pressing *STORE STOCK ! MINT ! UNPLAYED !*	M Unplayed	$400 *SOLD*
S939	We Can Work It Out b/w Day Tripper Capitol 5555, 8/1/68, OSC, Jacksonville Jacksonville (small font) Pressing *STORE STOCK ! MINT ! UNPLAYED !*	M Unplayed	$400 *SOLD*
S969	Nowhere Man b/w What Goes On Capitol 5587, 8/1/68, OSC, East Coast Scranton Pressing WITH RARE UN-DOCUMENTED (SMALL THICK) FONTS !! "Lennon - McCartney - STARKEY" Credits on B-Side *STORE STOCK ! MINT ! UNPLAYED !*	M Unplayed	$450 *SOLD*
S482	Nowhere Man b/w What Goes On Capitol 5587, 8/1/68, OSC, West Coast Los Angeles (Bert-Co) Pressing "Lennon - McCartney - STARKEY" Credits on B-Side *STORE STOCK ! MINT ! UNPLAYED !*	M Unplayed	$400 *SOLD*
S980	Paperback Writer b/w Rain Capitol 5651, 8/1/68, OSC, East Coast Scranton Pressing, Keystone Labels *With Rarer "BLACK" Perimeter Print* Towards the end of the Subsidiary Swirl run, Capitol switched to black perimeter print. The Keystone black perimeter print labels have the same font and typesetting as the Keystone white perimeter labels. The "Paperback Writer" Subsidiary black print label is one of only seven that had the black print.	NM -	$375
S921	Paperback Writer b/w Rain Capitol 5651, 8/1/68, OSC, East Coast Scranton Pressing, Keystone Labels *STORE STOCK ! MINT ! UNPLAYED !*	M Unplayed	$400 *SOLD*
S922	Yellow Submarine b/w Eleanor Rigby Capitol 5715, 8/1/68, OSC, East Coast Scranton Pressing, Keystone Labels *STORE STOCK ! MINT ! UNPLAYED !*	M Unplayed	$400 *SOLD*
S551	Yellow Submarine b/w Eleanor Rigby Capitol 5715, 8/1/68, OSC, West Coast Los Angeles Pressing	NM	$300 *SOLD*
S981	Lady Madonna b/w The Inner Light Capitol 2138, 8/1/68, OSC, West Coast Los Angeles Pressing *STORE STOCK ! MINT ! UNPLAYED !*	M Unplayed	$400 *SOLD*
ITEM #	ULTRA-RARE RED & WHITE STARLINE SINGLE	GRADE	PRICE
S386	We Can Work It Out / Day Tripper Capitol 5555, May 1969 Red & White Circle Starline Label Jacksonville pressing ALTHOUGH NOT AN ORIGINAL ISSUE, THIS MEGA-RARE LABEL VARIATION MERITS INCLUSION ON OUR CAPITOL RECORDS PICTURE SLEEVES & 45 SINGLES WEBPAGE DUE TO ITS SCARCENESS AND VERY HIGH VALUE. THIS MEGA-RARE ISSUE (CAP 5555.55, SPIZER), IS THE ONLY BEATLES 45 PRESSED WITH THIS LABEL AND IS ONE OF THE RAREST AND MOST VALUABLE OF THE CAPITOL BEATLES SINGLES. (ACTUAL SCANS) IN MID 1969, CAPITOL'S JACKSONVILLE, ILLINOIS FACTORY MISTAKENLY PRESSED A VERY LIMITED RUN OF THIS SINGLE WITH THIS RED AND WHITE CIRCLE STARLINE LABEL. THE VINYL ON THIS RARITY GRADES A RESPECTABLE VG +, WITH HIGH SHEEN GLOSS AND DISPLAYS SURFACE SCRATCH WEAR ON THE "WE CAN WORK IT OUT" SIDE, MOST OF WHICH IS IN THE DEAD WAX RUN-OUT. THE "DAY TRIPPER" SIDE HAS THE SAME AMOUNT OF PLAY WEAR, WITH TWO NOTICEABLE THIN SURFACE LINE MARKS, BUT NONE IN THE DEAD WAX. THE LABELS GRADE A VIBRANT NEAR MINT MINUS. ACCOMPANIED BY ITS ORIGINAL STARLINE SUPER OLDIES TITLE SLEEVE !	VG +	$2,250
S121	We Can Work It Out / Day Tripper Capitol 5555, May 1969 Red & White Circle Starline Label Jacksonville pressing THIS MEGA-RARE ISSUE (CAP 5555.55, SPIZER), IS THE ONLY BEATLES 45 PRESSED WITH THIS LABEL AND IS ONE OF THE RAREST AND MOST VALUABLE OF THE CAPITOL BEATLES SINGLES. *(ACTUAL SCANS)* IN MID 1969, CAPITOL'S JACKSONVILLE, ILLINOIS FACTORY MISTAKENLY PRESSED A VERY LIMITED RUN OF THIS SINGLE WITH THIS RED AND WHITE CIRCLE STARLINE LABEL. IT IS IN AMAZING MINT MINUS UNPLAYED CONDITION & SHINES LIKE A JEWEL. THE LABELS GRADE A VIBRANT MINT MINUS AS WELL. ACCOMPANIED BY ITS ORIGINAL STARLINE SUPER OLDIES TITLE SLEEVE !	M - Unplayed	$6,500 SOLD 4/13/09

"SUBSIDIARY" LP ALBUMS

The "Subsidiary" Rainbow Label made its debut in the fall of 1968,
when Capitol Records became a wholly owned subsidiary of
Capitol Industries, Inc. The perimeter print on the company's labels was
modified to reflect the new ownership structure.

On the album's labels, Capitol added :
"A SUBSIDIARY OF CAPITOL INDUSTRIES, INC."
FOLLOWING "MFD. BY CAPITOL RECORDS INC.".

The Subsidiary Rainbow Label was used for less than year,
before being replaced in the summer of 1969 by the new solid
lime-green colored label. Beatles albums with the "Subsidiary"
Rainbow labels are much less common than the first issue LPs without
the subsidiary language, AND These Limited Releases are
quickly gaining favor in the Collectors' World !

LP ALBUM COVERS & RECORDS ARE SOLD TOGETHER.
GRADING LISTING IS FOR COVER/RECORD.

ITEM#	TITLE RECORD CAT.# RELEASE DATE COMMENTS	GRADE	PRICE
LP341	Meet The Beatles, Capitol ST-2047 Stereo, Jacksonville 1968 Pressing, Black rainbow label "with Subsidiary", With Gold Record Award symbol on front cover. *SHRINK-WRAP !!*	NM / NM -	$375
LP397	Meet The Beatles, Capitol ST-2047 Stereo, Jacksonville 1968 Pressing, Black rainbow label "with Subsidiary", With Gold Record Award symbol on front cover.	NM / NM	$350
LP878	The Beatles' Second Album, Capitol ST-2080 Stereo, Jacksonville pressing. 1968 Pressing, Black rainbow label "with Subsidiary". Record is MINT UNPLAYED !!	NM - / M	$275
LP398	Something New, Capitol ST-2108 Stereo, West Coast 1968 Pressing, Black rainbow label "with Subsidiary". *SHRINK-WRAP !!*	NM / NM	$350
LP940	The Beatles’ Story, Capitol STBO-2222 Stereo, East Coast *SHRINK-WRAP ! GATEFOLD REMAINS CLOSED !!* 1968 Pressing, Black rainbow label, "with Subsidiary", *2ND VERSION* (OF COURSE) : Record 1:Sides 1 & 4 / Record 2 : Sides 2 & 3 OTHER THAN "MAGICAL MYSTERY TOUR" THIS IS A MOST DIFFICULT 1968 "SUBSIDIARY" LP ISSUE TO FIND. SINCE THE FIRST ISSUES DID NOT SELL VERY WELL IN 1964, CAPITOL PRESSED VERY LIMITED NUMBERS OF THE 1968 SUBSIDIARY RELEASE !!	M - M - / M - Unplayed	$675 SOLD 7/17/09
LP280	Beatles’ 65, Capitol ST-2228 Stereo, West Coast pressing. 1968 Pressing, Black rainbow label "with Subsidiary" Cover is STELLAR ! Vinyl appears to be UNPLAYED !!	NM / M -	$225
LP401	The Early Beatles, Capitol ST-2309 Stereo, 1968 Pressing, Black rainbow label "with Subsidiary". SHRINK-WRAP !! West Coast pressing.	NM / NM	$225
LP596	Beatles VI, Capitol ST-2358 Stereo, West Coast. 1968 Pressing, Black rainbow label "with Subsidiary". Titles on back cover printed in correct order. Record is Stellar and appears UNPLAYED !!!	NM - / M	$200
LP453	Beatles VI, Capitol ST-2358 Stereo, West Coast. 1968 Pressing, Black rainbow label "with Subsidiary". Titles on back cover printed in correct order. Record is Stellar and appears UNPLAYED !!!	NM / M	$225
LP402	Help ! , Capitol SMAS-2386 Stereo, East Coast 1968 Pressing, Black rainbow label "with Subsidiary". With composer credits on "The Bitter End".	NM / NM	$325
LP403	Rubber Soul, Capitol ST-2442 Stereo, *East Coast pressing with West Coast Labels !!* With "Stereo" banner in the photo portion of LP cover. 1968 Pressing, Black rainbow label "with Subsidiary".	NM / NM	$200
LP352	Yesterday And Today, Capitol ST-2553 Stereo, Jacksonville 1968 Pressing, Black rainbow label "with Subsidiary". With RIAA Gold Record Award symbol on front cover. Cover is STELLAR ! Vinyl appears to be UNPLAYED !!	M / M-	$325
LP404	Yesterday And Today, Capitol ST-2553 Stereo, East Coast 1968 Pressing, Black rainbow label "with Subsidiary". With RIAA Gold Record Award symbol on front cover.	NM / NM	$300
LP405	Revolver, Capitol ST-2576 Stereo, West Coast pressing. 1968 Pressing, Black rainbow label "with Subsidiary". SHRINK-WRAP !!	NM / NM	$275
LP435	Sgt. Pepper’s Lonely Hearts Club Band, Capitol SMAS-2635 Stereo, Jacksonville SHRINK-WRAP! Gatefold remains closed !! 1968 Pressing, Black rainbow label "with Subsidiary". With insert. CORRECTED title on label of “With A Little Help From My Friends". Record is UNPLAYED !	M - / M	$450
LP406	Sgt. Pepper’s Lonely Hearts Club Band, Capitol SMAS-2635 Stereo, West Coast 1968 Pressing, Black rainbow label "with Subsidiary". With insert. CORRECTED title on label of “With A Little Help From My Friends".	NM / NM	$400
LP892	Magical Mystery Tour Capitol SMAL-2835 Stereo, West Coast, with complete booklet intact. RARER COVER with hand written font "No You're Not" and "ASCAP" credit revision. 1968 Pressing, Black rainbow label "with Subsidiary". *THIS IS DEFINITELY* THE MOST DIFFICULT 1968 "SUBSIDIARY" LP ISSUE TO FIND ! REASON IS THAT THE ORIGINAL LABELS WERE MADE IN ENOUGH NUMBERS, THAT THE "SUBSIDIARY" REISSUE LABELS WERE NOT MADE AT ALL IN THE SAME QUANTITY AS THE EARLIER TITLES WERE !	VG ++ / M Unplayed	$475 SOLD 7/17/09
LP999	Revolver Capitol ST-2576 Stereo, Winchester pressing. ULTRA-RARE 1971 Pressing, RED LABEL WITH CIRCLE LOGO with "Subsidiary". IN The SUMMER OF 1969, CAPITOL SWITCHED TO A LIME-GREEN LABEL FEATURING ITS NEW CIRCLE LOGO AT THE TOP. THE OUTER "C" IS PURPLE AND THE CIRCLE REPRESENTING THE RECORD IS BLACK. THIS LIME-BACKROUND CIRCLE LOGO WAS USED FOR CAPITOL BEATLES ALBUMS UNTIL LATE SPRING, 1971. DURING THE SPRING OF 1971, CAPITOL SWITCHED TO A RED-BACKROUND CIRCLE LOGO LABEL. SHORTLY THEREAFTER, CAPITOL BEGAN PRESSING ALL OF ITS BEATLES RECORDS WITH APPLE LABELS. HOWEVER, A VERY SMALL, LIMITED NUMBER OF BEATLES ALBUMS WERE PRESSED WITH THE RED LABELS BEFORE THE CONVERSION TO APPLE LABELS TOOK PLACE. YESTERDAY AND TODAY AND REVOLVER ARE THE ONLY CONFIRMED AMERICAN-PRESSED BEATLES ALBUMS WITH THE RED-BACKROUND CIRCLE LOGO LABEL !! OFFERED HERE IS A MOST STUNNING EXAMPLE OF THE REVOLVER RED LABEL RARITY, IN UNPLAYED, "AS NEW" CONDITION, WITH ONLY ONLY 2 LIGHT "WHISPS" OF INNER SLEEVE PULLS EVIDENT ON SIDE 2. (ACTUAL IMAGES) THIS IS THE WINCHESTER, VIRGINIA PRESSING (CAP2576.sr35w, SPIZER) AS DOCUMENTED IN BRUCE SPIZER'S BOOK THE BEATLES SWAN SONG, PAGE 227-229. THE ORIGINAL 1971 ACCOMPANYING COVER IS A BRILLIANT NEAR MINT WITH ONLY A "HINT" OF MELLOWING ALONG THE MOUTH OPENING OF THE FRONT COVER. NO RINGWEAR, AND BACK COVER IS GORGEOUS.	NM / M - Unplayed	$1775