A custom-made electric guitar played by John Lennon and George Harrison of the Beatles sold at a New York auction Saturday for $408,000. auctioneers said. The instrument had been displayed in Ireland, the U.K. and New York prior to Saturday's sale.

The VOX Prototype was sold to an unidentified US buyer at the “Music Icons” event organized by Beverly Hills, Calif.-based Julien’s Auctions and held at the Hard Rock Cafe in Manhattan. The Vox guitar was a prototype that Vox built for Lennon in 1966. Harrison played the instrument, according to a statement from Julien’s Auctions. was played by Lennon while recording a video for "Hello, Goodbye." Harrison used it to practice "I Am The Walrus" during the making of The Magical Mystery Tour project &

Julien’s said previously it expected the guitar to fetch between $200,000 and $300,000.