Rare Beatles Guitar Goes On The Auction Block

BEVERLY HILLS, Calif. (March 26, 2013)--A guitar that Beatles George Harrison and John Lennon both played is up for auction.

Harrison played it while practicing "I Am The Walrus" during "Magical Mystery Tour," and Lennon played it while recording a video session for "Hello, Goodbye."

Julien's Auctions estimates it will sell for between $200,000 and $300,000.

The auction also includes a cape that Elvis had designed for his "Aloha From Hawaii" TV concert that was so heavy it dragged Elvis to the floor, so he didn't use it.

It’s estimated to sell for $120,000.

Six David Cassidy jumpsuits, a bright pink hand-painted Bette Midler costume and an autographed pillow Michael Jackson threw out of a Paris hotel window are also for sale.

The auction is May 18 in New York.

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