A 1982 Kramer owned and stage-played by the late, great Eddie Van Halen is heading to auction, with the red-black-and-white custom-build expected to become the world’s next seven-figure electric guitar.

The 1982 Kramer axe graced the hands of not one but two legendary musicians, making it a true piece of rock ‘n’ roll history. It was extensively played by Van Halen on his rock band’s tours in 1982 and ‘83, appearing onstage at concerts in Philadelphia, Venezuela, Brazil, and Argentina. It has, of course, been photomatched to multiple performances.

Van Halen's guitar will lead Sotheby's upcoming "Rock & Pop" auction on Oct. 24 during the company's Grails Week (Oct. 21-28). The sale will also include memorabilia from Bob Dylan, the Rolling Stones, the Beatles and more. The auction house estimates the guitar will fetch between $2 million and $3 million.