An acoustic guitar once owned by John Lennon, the legendary musician and member of The Beatles, has sold at auction for nearly $3 million.
The 1964 Framus 12-string Hootenanny guitar, which was considered lost for 50 years, went under the hammer at Julien’s Auctions in New York City on May 29.
The guitar, which was used by Lennon during recording sessions for the Beatles’ albums “Help!” and “Rubber Soul,” was also used by his bandmate George Harrison and can be seen in the 1965 movie “Help!”.
“We are absolutely thrilled and honored to have set a new world record with the sale of John Lennon’s lost Hootenanny guitar.
This guitar is not only a piece of music history but a symbol of John Lennon’s enduring legacy,” said Julien’s Auctions CEO David Goodman.
“Today’s unprecedented sale is a testament to the timeless appeal and reverence of The Beatles’ music and John Lennon,” added Goodman.
According to the auction house, Lennon gifted the guitar to Scottish musician Gordon Waller in late 1965. Waller later gave the guitar to his manager, who stored it in an attic in the UK countryside, where it remained untouched for 50 years.
“It’s such an important part of Lennon’s career and Beatles history. I knew it would go over $1m. I had no idea it would go over $2m,” said auctioneer Darren Julien.
The guitar received a final bid of $2,857,500, exceeding its estimated value of $600,000 to $800,000. It is now the fifth most expensive guitar ever sold.
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