John Lennon’s Guitar From ‘Help!’ Is Sold for $2.9 Million at Auction

A recently discovered guitar that John Lennon used to record multiple Beatles songs in the 1960s before it went missing for 50 years has sold at auction for $2.9 million, becoming one of the most valuable pieces of memorabilia from the band.

The 12-string acoustic guitar, called the Hootenanny, was believed to be lost after Mr. Lennon and his bandmate George Harrison used it to record the 1965 Beatles albums “Rubber Soul” and “Help!” and the soundtrack to the band’s film of the same name, said Julien’s Auctions, the Los Angeles-based auction house that handled the sale on Wednesday.

Later that year, Mr. Lennon gifted the 1964 guitar, made by the German instrument manufacturer Framus, to Gordon Waller, a member of the British pop duo Peter & Gordon. Mr. Waller passed it on to one of his road managers, who took the guitar to his home in the rural British countryside and tossed it in the attic, the auction house said.

More than 50 years later, a man in Britain discovered the guitar in his parents’ attic as they were moving out of the house, Darren Julien, a co-founder of Julien Auctions, said in a video. After they found it — along with its original guitar case — they alerted the auction house in March, Mr. Julien said.

“The son told us that he had always heard his dad talk about this guitar, but he’d believed that it was lost,” said Martin Nolan, another co-founder of Julien’s Auctions, in the video.

The auction house consulted with Andy Babiuk, a Beatles expert who has authenticated the band’s memorabilia in the past, to verify the guitar. After comparing the instrument’s wood grain and the wear patterns to those in archival images, Mr. Babiuk determined that the guitar was the one played by Mr. Lennon, the auction house said.