Guitar bought by teen George Harrison for £58 set to sell for £750,000
manchestereveningnews.co.ukA guitar bought by George Harrison for about £58 is expected to fetch more than 1 million US dollars (£753,000) at auction. The Futurama electric guitar was bought by The Beatles star when he was a 16-year-old apprentice electrician in 1959 and was paid for in 44 instalments after his mother signed a hire purchase agreement at Frank Hessy’s music shop in Liverpool.
Next month, it will go under the hammer in Nashville, Tennessee, in the US, at Julien’s Auctions’ Played, Worn & Torn sale.
Unveiling the instrument at The Beatles Story museum in Liverpool, where it will be on display until October 17, Martin Nolan, executive director of Julien’s Auctions, said: “We know he played this guitar in over 324 shows at the Cavern and numerous times in Hamburg in Germany in 1960 and 1961.” The guitar was originally priced at 55 guineas, which would have been about £58 but was £74 with the hire purchase agreement, Mr Nolan said.
He said: “We’re estimating, conservatively, 600,000 to 800,000 US dollars but I think it should sell for more than a million.” READ MORE: Beatles contract set to fetch eye-watering amount at auction The auction house sold John Lennon’s Hootenanny acoustic guitar for 3 million dollars (£2.3 million) earlier this year and has previously sold an acoustic guitar of Lennon’s for 2.4 million dollars (£1.8 million).
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