DALLAS — Played at The Concert for Bangladesh, Bob Dylan’s 1963 Martin D-28 acoustic guitar—played for more than a decade and through his entire set at George Harrison’s 1971 Concert for Bangladesh—sold for $396,500 November 11 at Heritage Auctions’ entertainment and music memorabilia auction. This was only the second known Dylan guitar to come to auction, and the winning bidder has requested to remain anonymous.

 “It was one of his favorite instruments,” said Larry Cragg, the seller and Dylan’s longtime guitar technician who nicknamed the guitar “Bob” in honor of its famous owner. “It’s been a pleasure owning this incredible piece of music history, but the time is right for it to find a new owner who will appreciate it as much as Bob and I did.”

The winning bidder will receive not only the guitar in its original case, but also the original 1977 purchase receipt stating, “Bought from Bob Dylan, Martin D-28 #196405 and case for $500.00.”

Since purchasing the guitar from Dylan, Cragg stored the guitar, with its strings loosened, in a humidity-controlled environment. Dylan was the last musician to have played the guitar since 1977.

Dylan owned and played the guitar for at least a decade spanning the late 1960s through the late 1970s.

The price includes the buyer’s premium. For further information, www.ha.com or 877-437-4824.