Auction house Julien's Auctions said John Lennon played the guitar on The Beatles' 1965 album Help! The guitar, which was found in the attic by the current owner during a move, is expected to exceed its pre-sale estimate of $600,000-$800,000.
The founders of US-based Julien's Auctions confirmed they went to the UK to verify the guitar and found the guitar's case, made by Maton (Australia), in the bin.
Martin Nolan, CEO and co-founder of Julien's Auctions, said the guitar came to the auction house through British musician Gordon Waller, a member of the early 1960s pop duo Peter and Gordon. According to Mr. Nolan, Gordon was given the guitar by John Lennon, who then gave it to his manager, where it has remained all these years.
The guitar will be auctioned on May 29 at the Hard Rock Cafe in New York and on the website of Julien's Auctions.
Musical instruments belonging to members of The Beatles have always sold for high prices at auctions. In 2015, a guitar stolen from John Lennon in the early 1960s sold for $2.4 million at an auction in California.
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