John Lennon’s Guitar Auctioned for millions

1401x788-GettyImages-86203094An acoustic guitar that John Lennon used to record and compose “Love Me Do,” ”I Want to Hold Your Hand” and other hit tunes sold for $2.4 million at an auction.

Julien’s Auctions said the Gibson J-160E guitar was sold Saturday to an undisclosed buyer.

The auction house said the guitar was one of just two of its sort flown from America to England in 1962 for Lennon and George Harrison. Lennon utilized the guitar for around a year prior swapping it with Harrison; it later disappeared amid a Christmas show in 1963.

The guitar’s whereabouts was unknown for more than 50 years until a California man realised a year ago that a guitar in his ownership may have historical value.

John McCaw of San Diego, who purchased the guitar in the late 1960s for $275, stumbled on an old magazine story about Harrison, which featured a photo of the instrument which bore similar markings as his guitar.

An expert was able match the guitar’s serial number, wood grain and markings to the one Lennon used in the early 1960s, Julien’s Auction said in a news release.

The drum head that the Beatles used in their landmark performance on “The Ed Sullivan Show” was auctioned Saturday for $2.1 million, the auction house said.

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