John Lennon’s guitar sells for $2.4M at auction

November 9th, 2015 by Staff


John Lennon’s stolen acoustic guitar was sold for top dollar on Saturday at a California auction fetching over $2.4 million while a Beatles drum head went for more than $2 million – marking two of the priciest rock n’ roll items sold to date.
Lennon’s 1962 J-160E Gibson guitar – which was used by the rock-star to record classics such as “P.S. I Love You” and “Love Me Do” – was snatched up by an anonymous bidder for a price much higher than was initially estimated by Beverly Hills auctioneer Darren Julien.

“I knew it would go over $1 million; I had no idea it would go over $2 million,” he said.

The esteemed instrument only belonged to Lennon for one year before it was swiped at a 1963 Christmas concert and then sold to fledgling musician John McCaw – who was unaware of the guitar’s origins until he brought it to be evaluated by experts, according to Reuters.

“It’s such an important part of Lennon’s career and Beatles history,” Julien added, saying the Gibson was finally identified by matching its serial number and wood grain, among other things.

Fab four expert Andy Babiuk also commented on the importance of the instrument.

“I can tell you, there has never been another guitar like this offered up for auction,” he is quoted saying on Julien’s website.

Half of the proceeds from selling the guitar will be donated to the charity organization Spirit Foundation which was founded by Lennon himself and his widow Yoko Ono.

The next big seller at Julien’s Auctions Live was the Beatles drum head which was used by the band during their definitive performance on “The Ed Sullivan Show” in 1964 – and sold for $2.1 million.

Meanwhile, Kurt Cobain’s grungy green sweater – famously worn by the rocker 21 years ago during his MTV Unplugged performance – was nabbed for $140,800 or two times higher than the estimated price.

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