The Gibson Black Dove acoustic guitar Elvis Presley played in his 1975 Aloha from Hawaii broadcast has sold at auction.

It realised $334,000 at Julien's Auctions in LA on May 21.

Elvis Presley played the guitar in his 1973 Aloha from Hawaii concert

That makes it the second most valuable piece of Elvis memorabilia ever sold, following the auction of his gold piano for $600,000 last year.

Elvis' Hawaii concert was broadcast live from Honolulu and was a spectacular return to form, following years in the doldrums.

An estimated 1.5bn people watched the show live on television, while the album went on to be his final number 1.

Elvis' father, Vernon Presley, commissioned the guitar as a gift for his son in 1969. Black was chosen to celebrate Elvis' recent attainment of a black belt in karate and a Kenpo karate sticker is attached to the body.

The fretboard bears Elvis' name in flowing script.

Elvis played the guitar at a number of concerts from 1971 through to 1975. He showcased his extraordinary generosity by giving it to audience member Mike Harris mid-show in 1975.

A shaken Harris was given a police escort out of the building to ensure that the guitar remained in his hands.

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The sale also featured John Lennon's handwritten lyrics to Being for the Benefit of Mr Kite, which sold for $354,000.

That means the lot has grown in value by 21.6% per annum since it last sold for £140,500 ($239,412) in 2014.

We have this John Lennon signed customs declaration for sale.

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