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George Harrison guitar to be sold for big bucks

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The electric guitar that George Harrison played during a series of Beatles shows in the summer of 1963 will be sold at auction in September—and it's expected to sell to the tune of $500,000.

The 1963 Maton Mastersound MS-500 was loaned to Harrison, then 20, while his cherished Gretsch Country Gentleman was being repaired in May 1963. But he liked the Australian-made guitar so much that he hung onto it for a few months and played it at several performances throughout England, including the Beatles' final gig at the Cavern Club in their native Liverpool on August 3, 1963.

After Harrison returned the borrowed ax to the repair shop, a local guitarist picked it up in exchange for his Fender Stratocaster. His widow auctioned off the Maton in 2002; it later resurfaced at a 2015 auction in New York, where it sold for $485,000.

Harrison's first electric guitar, a Hoffner Club 40, sold for $430,000 in May at an auction in New York, well above the pre-auction estimate of $300,000.

The upcoming auction on September 12-13 will be staged by Gardiner Houlgate, a British firm that specializes in guitar auctions.

Other items up for grabs include the Gibson acoustic guitar that Maurice Gibb of the Bee Gees used while writing the 1975 hit "Jive Talkin'," a Martin electric owned by Steve Howe of Yes, and a Pink Floyd amplifier.

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