John Lennon’s Guitar Sells for $2.4 Million
Baby, you’re a rich man. When amateur musician John McCaw paid $275 for the Gibson J-160E in the late 1960s he had no idea of its history. Lennon’s acoustic guitar, which had been used to record Beatles hits like “Love Me Do,” had been missing since 1963. Its whereabouts remained unknown for decades until McCaw realized what he had. Now an anonymous buyer has snapped up the six-string for one of the highest-ever rock memorabilia auction prices, and half the cash goes to Lennon’s Spirit Foundation.