Today marks an interesting punk anniversary, as 30 years ago to this day the Sex Pistols were dropped from A&M Records. On March 10th of 1977 the band, who had been previously dropped from EMI two months prior, signed to A&M for £150,000 in a high profile press ceremony outside of Buckingham Palace. Following a reportedly unruly party at the label’s offices, as well as pressure from the label’s employees, artists and distributors, the label severed their contract a mere 6 days later. That week of time brought about a limited pressing of God Save The Queen and left the band with £75,000 in their pockets.

By June the band has arrived at their ultimate home of Virgin Records, selling 150,000 copies of “God Save the Queen” in just one day. Despite a BBC Radio One ban and several chains refusing to stock it the single reached number 2 on the charts.

The A&M pressing has since become one of the most valuable and sought-after records ever pressed in the UK. In 2006 a copy sold for £13,000.
Source Today marks an interesting punk anniversary, as 30 years ago to this day the Sex Pistols were dropped from A&M Records. On March 10th of 1977 the band, who had been previously dropped from EMI two months prior, signed to A&M for £150,000 in a high profile press ceremony outside of Buckingham Palace. Following a reportedly unruly party at the label’s offices, as well as pressure from the label’s employees, artists and distributors, the label severed their contract a mere 6 days later. That week of time brought about a limited pressing of God Save The Queen and left the band with £75,000 in their pockets.

By June the band has arrived at their ultimate home of Virgin Records, selling 150,000 copies of “God Save the Queen” in just one day. Despite a BBC Radio One ban and several chains refusing to stock it the single reached number 2 on the charts.

The A&M pressing has since become one of the most valuable and sought-after records ever pressed in the UK. In 2006 a copy sold for £13,000.
Source