Guitars owned by top guitarist like Bob Dylan, Eric Clapton, or Jimi Hendrix would sell way above the book value.
You will not find these original guitars at a pawn store or anywhere not secure. They are very valuable guitars.
The most expensive guitar sold is a custom made Fender “Reach Out To Asia” Statocaster. A total of 19 top rock guitar players endorsed this guitar by signing on its body. The guitar was auctioned to raise funds for the victims of the 2004 Tsunami disaster. The guitar fetched a staggering amount of 2.7 Million Dollars!
Here are the other four guitars which were auctioned and yielded way above the book value:
Jimi Hendrix owned 1968 Fender Stratocaster. This is also one of the most expensive guitars sold. The world remembers Jimi Hendrix for playing The Star Spangled Banner on his Fender Strat at Wood Stock in 1969. In 1998, Paul Allen, the co-founder of Microsoft Corporation bought the guitar for 2 Million Dollars!
The legendary Bob Marley rarely played his Washburn 22 Series Hawk guitar. For some reason, he gave it to his music tech, Gary Carlsen. Now the guitar is considered as national asset by the Jamaican Government. The guitar is estimated at a value around 1.7 million dollars!
In 2004, Eric Clapton auctioned his Fender “Blackie” Statocaster which he retired playing in 1985. He decided to auction the guitar to raise money for his non profitable organisation that helps people recover from drug addiction. He raise around $959,000.
Bob Dylan auctioned his 1964 Fender Statocaster. This is the first guitar he used when he decided to switch from an acoustic to electric guitar. Fans were disappointed and angry by this move of abandoning folk music but it is registered that Bob Dylan had definitely defined a new sound. In 2013 he auctioned the same guitar and donated the money to a charitable organization. The amount raised was $965,000.
One good thing is that these the guitars were sold to raise money for charity organizations or to keep the legacy. None of these guitars were auctioned to profit the musicians themselves but were auctioned for a cause.
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