Guitar belonging to The Beatles star sold in an auction for more than a million

The guitar that one day cost 60 pounds was sold for 1,2 million US dollars

A guitar bought by George Harrison for around £58 sold at auction for more than £1 million or £1.27 million. The guitar was auctioned off for $27.6 million.

"The Beatles star bought the Futurama electric guitar in 1959 as a 16-year-old electrician's apprentice, paid for in 44 installments when his mother signed a hire purchase agreement at Frank Hessy's music shop in Liverpool.

On Wednesday, the guitar was sold at Julien's auction in Nashville, Tennessee, for €1.27 million. The auction was held at Julien's auction house for USD 27.27 million, double the original bid. "Martin Nolan, executive director of Julien's auction house, said it was a world record for a Harrison guitar.

He called the sale of Harrison's Futurama guitar, "one of the most important instruments in the history of rock 'n' roll, and one that shaped the sound of The Beatles", "historic".

"We are very excited to add this Harrison guitar to the million-dollar club at Julien's, which already includes guitars by John Lennon, Eric Clapton, and Kurt Cobain," said Nolan.

The same auction already made big sales of celebrity belongings

The auction house sold Lennon's Hootenanny acoustic guitar for USD 3 million earlier this year and sold another Lennon acoustic guitar for USD 2.4 million.

The guitar was sold by a collector who bought it in 2019, but it was a close second when it was offered in a competition for Beatles fans in 1964 in Beats Instrumental magazine.

It was won by A.J. Thompson, who lived in Saltdean, near Brighton, East Sussex, but Nolan said he took it when he was offered money instead of a guitar.

He probably got about £100, he said, because that was about the value of the guitar at the time, probably had a nice evening with friends and family, invited them to dinner and a drink, and then went on with his life, but probably regretted it later.

Based on ELTA reports