Jerry Garcia’s iconic Travis Bean TB500 electric guitar was sold for a whopping $238,700 at an auction over the weekend. The axe—which was used during the Terrapin Station recording sessions and was played by Garcia at numerous concerts—was expected to pick up somewhere between $150,000 and $200,000 at Julien’s Auctions’ Icons and Idols: Rock n Roll sale, but exceeded expectations.

Hollywood.com reports that a number of other items were sold at the auction, including Jimi Hendrix’s embroidered vest ($53,125), Elvis Presley’s blue suede shoes ($76,800) and his 1970 Cadillac Fleetwood limo ($96,000), as well as a red lamé jacket that Michael Jackson wore during his Victory Tour ($83,200). Interestingly, Paul McCartney’s 1964 custom Hofner bass was sold for much less than Garcia’s guitar, garnering a top bid of $201,800.