An acoustic guitar that John Lennon used to record and write "Love Me Do," ''I Want to Hold Your Hand" and other hit songs sold for $2.4 million at auction.

Julien's Auctions said the Gibson J-160E guitar was sold Saturday to an undisclosed buyer.

The auction house said the guitar was one of only two of its type flown from America to England in 1962 forLennon and George Harrison. Lennon used the guitar for about a year before swapping it with Harrison; it later went missing during a Christmas concert in 1963.

The guitar's whereabouts was unknown for more than 50 years until a California man discovered last year that a guitar in his possession may have historical value. Read more...

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