The 1957 Gibson Les Paul owned and played by The Allman Brothers Band’s Duane Allman on the Derek and the Dominos classic rock hit “Layla” has sold for an impressive $1.25 million during a recent auction.

Related: Watch Butch Trucks, Jaimoe, & More Reflect On Duane Allman For His Birthday

According to reports, Allman’s 1957 Gibson Les Paul Goldtop “Layla” guitar, which had been on display at the Allman Brothers Band Museum at the Big House in Macon, Georgia, sold for the very high amount during an online auction which closed late last month on July 27th. The sale via auction took place about a week after Allman’s Gibson SG played on the band’s beloved At Fillmore East live album sold for an equally impressive $591,000, making it one of the 20 most valuable guitars ever sold.

The 1957 Goldtop was Duane’s main guitar during the first two years of the Allman Brothers Band, and was used to play on recordings included on the famous rock band’s first two studio albums. Most notably, it was the guitar used by Duane to play on the famous outro solo of Eric Clapton and Derek and the Dominos’ 1970 anthem, “Layla”. In more recent years, the guitar has been used by notable players including ZZ Top’s Billy Gibbons, Metallica’s Kirk Hammett, Blackberry Smoke’s Charlie Starr, Vince Gill, and Derek Trucks, to name a few.

The sale of the guitar may not match the financial record set by the auction of Jerry Garcia‘s “Wolf” guitar. It does, however, set another standard for the value in classic rock nostalgia as more guitarists from that era including Pink Floyd’s David Gilmour and Graham Nash have begun to sell off their old gear for one reason or another.

[H/T GottaHaveRockAndRoll]