The $1.27 million price tag makes it the most expensive Harrison-owned guitar ever sold at auction.
The Quiet Beatle purchased the Futurama in 1959 from a music store in Liverpool.
The Harrison estate and Dark Horse Recordsrecently releasedthe 50th anniversary edition of his fourthsolo albumLiving in a Material World.
The Beatles in Hamburg in 1961.(L to R) Pete Best, George Harrison, John LennonExpress Newspapers/AP