A guitar bought by George Harrison for £58 (S$100) has sold for over £1 million (S$1.7 million) at auction. The late Beatles star's mother paid for the Resonet Futurama instrument in 1959 when he was a 16-year-old apprentice electrician,

The Futurama guitar bought by a teenage George Harrison for Stg58 ($A112) has sold for more than Stg1 million ($A1.9 million) at auction.

Julien’s Auctions originally priced the guitar between $600,000 to $800,000, meaning it sold for nearly double the lower end of its estimate. The $1.27 million price tag makes it the most expensive Harrison-owned guitar ever sold at auction.

George Harrison's 1958 Resonet Futurama solid body electric guitar has sold at auction for over $1 million, making it the most expensive George Harrison guitar ever sold at auction.

A guitar bought by the late George Harrison for £58 and used in the early days of The Beatles has sold for over £1 million at auction.

George Harrison's early Futurama guitar set a world record for most expensive Harrison guitar ever sold at auction.

The oddball electric – which was used during the Beatles’ early years, and saw action in over 300 historic shows – becomes the most expensive electric guitar formerly owned by a Beatle to sell at auct