On the 30th November, 2006 a Maton MS-500 Mastersound electric guitar played by the late Beatle, George Harrison featured at Air Studios in London, Cooper Owen's Music Legends Auction. The estimated value for the guitar was between £100,000 - £120,000 (approximately $189,000 - $227,000 USD).

The MS-500 has a natural finish, tobacco sunburst, two volume and two tone controls, three-way selector switch and Bigsby tremolo.

According to the auction lot description, George Harrison borrowed the guitar in the summer of 1963 from Barretts Music Shop in Manchester, U.K., while the shop repaired his Gretsch Country Gentlemen.

George has been photographed playing this guitar whilst on an Australian tour during this period.

It is believed that Harrison used the Maton between May and August of 1963. George was photographed playing this guitar whilst on an Australian tour during this period. Roy Barber, guitarist with Dave Berry's band, The Cruisers, traded his Stratocaster for the MS500 from Barretts and owned the guitar until 2000.

View the Channel 4 UK news report video here