A six-cord electric guitar that Beatles John Lennon and George Harrison played went under the hammer for $408,000, Julien’s Auctions said Sunday.

The customized VOX guitar was the centerpiece of the annual Music Icons auction held Saturday at the New York Hard Rock Cafe by the Beverly Hills, California-based auctioneers.

Julien’s Auctions had valued the guitar ahead of the auction at between $200,000 and $300,000.

The guitar, which had been at several exhibitions prior to auction, was a gift from John Lennon to “Magic Alex” Mardas, an engineer at Apple Records and a friend of the band in 1967, Julien’s said.

Harrison used the guitar while practicing the song “I am the Walrus.” Lennon played it during a video session for “Hello, Goodbye.”

Some 450 other items were also auctioned at the event, including the pants that Elvis Presley wore in the “Jailhouse Rock” movie, a jumpsuit worn by 70s pop star David Cassidy and objects from David Bowie, Michael Jackson and the Grateful Dead.