A guitar which originally belonged to The Beatles' late star John Lennon but later went missing fetched a fortune at Julien's Auctions. The 1962 Gibson J-160E acoustic guitar went under the hammer for a cool $2.4 million, AceShowbiz reports.

Lennon and bandmate George Harrison bought a pair of identical guitars in Liverpool back in 1962. Lennon used it to record "I Want to Hold Your Hand", "Love Me Do", "P.S. I Love You", and other early hits from the Fab Four.

The instrument went missing following the band's concert in London in 1963. Its whereabouts was unknown for more than 50 years until a man stumbled into an old magazine story about Harrison's guitar collection and noticed similarities between one of the star's instruments and a guitar that he owned. According to the auction house, an expert confirmed the man's guitar was indeed Lennon's missing one based on the serial number and markings.

Another music memorabilia sold at the auction was the drum head used by the Beatles during their historic performance on "The Ed Sullivan Show". It was purchased for $2.05 million. Lennon's prescription glasses and Elvis Presley's gold leaf grand piano were auctioned as well.