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Beatles guitar auction could reach $600K

A guitar owned by George Harrison is heading to auction along with other Beatles and rock memorabilia.

The 1962 Rickenbacker 425 is estimated to bring in up to $600,000.

AP

The Julien's Auctions sale is May 17 at the Hard Rock Cafe in Manhattan.

Harrison bought the guitar in 1963 at Fenton's Music store in Mount Vernon, Illinois, where he was visiting his sister. He had the guitar refinished from a Fireglo red to black to match John Lennon's Rickenbacker.

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The auction also has a "Beatles '65" album signed by the Fab Four. It could bring up to $300,000. The auction house says any albums signed after Beatlemania began in 1964 are extremely rare.

Other highlights include Jimi Hendrix's Sears Silvertone electric guitar. Its presale estimate is up to $100,000.

—By The Associated Press