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| John Lennon's guitar sells for $408,000 | John Lennon's guitar sells for $408,000 |
| (34 minutes later) | |
| A guitar played by John Lennon and George Harrison of The Beatles has sold for $408,000 (£269,000) at auction. | A guitar played by John Lennon and George Harrison of The Beatles has sold for $408,000 (£269,000) at auction. |
| The custom-made instrument, built in 1966 by the VOX company, was bought by an unidentified US buyer in New York. | The custom-made instrument, built in 1966 by the VOX company, was bought by an unidentified US buyer in New York. |
| Harrison practised I Am The Walrus on the guitar in 1967 while Lennon used it in a video for Hello, Goodbye later that year. | Harrison practised I Am The Walrus on the guitar in 1967 while Lennon used it in a video for Hello, Goodbye later that year. |
| Julien's Auctions said the guitar had exceeded its estimated value of $200,000-$300,000 (£132,000-£198,000). | Julien's Auctions said the guitar had exceeded its estimated value of $200,000-$300,000 (£132,000-£198,000). |
| After playing the guitar, Lennon gave it as a 25th birthday present to Alexis "Magic Alex" Mardas, a member of The Beatles' inner circle in the 1960s. | After playing the guitar, Lennon gave it as a 25th birthday present to Alexis "Magic Alex" Mardas, a member of The Beatles' inner circle in the 1960s. |
| A plaque on the back reads: "To Magic Alex/ Alexi thank you/ for been [sic] a friend/ 2-5-1967 John." | A plaque on the back reads: "To Magic Alex/ Alexi thank you/ for been [sic] a friend/ 2-5-1967 John." |
| The date on the plaque is believed to refer to his birthday, but Lennon gave the gift to him later in the year. Mardas sold the instrument in 2004. |