Monday, 9 November 2015

John Lennon's "She Loves You" guitar fetches $2.41 million

John Lennon and the Gibson J-160E guitar that sold for $2.41 million on November 7, 2015 ...

After being lost for more than 50 years, John Lennon's Gibson J-160E guitar sold for $2.41 million on Saturday November 7, 2015 at Julien's Auctions in Beverly Hills, California, becoming the second most valuable guitar ever sold. It's the guitar Lennon used alongside Paul McCartney in writing and recording She Loves You, I Want to Hold Your Hand, Please, Please, Me and All My Loving. As the most expensive performance-played guitar, it displaces the Fender Stratocaster with which Bob Dylan delivered his famous "electric" performance at the 1965 Newport Folk Festival which sold for $965,000 in December, 2013. At the same auction, a set of fellow-Beatle Ringo Starr's drums fetched $2.1 million to become the most valuable drum kit ever sold, and between the two lots, many auction records were broken. Rare guitars are fast gaining legitimacy as triple platinum investments.

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