Cobain ‘Unplugged’ guitar sells for record US$6 million at auction

LOS ANGELES: The guitar that grunge rock icon Kurt Cobain played during his legendary 1993 MTV Unplugged performance sold Saturday (Jun 20) for a record $6 million, the auction house said.

The retro acoustic-electric 1959 Martin D-18E that Cobain strummed for Nirvana's career-defining performance in New York – just five months before his suicide at age 27 – sold after a bidding war to Peter Freedman, founder of RODE Microphones, Julien's Auctions said.

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At US$6.01 million after fees and commission, the instrument was the most expensive guitar ever sold at auction, among other records.

The starting estimate was US$1 million.

Freedman said he plans to display the guitar in a worldwide tour, with proceeds going to benefit performing arts.

"When I heard that this iconic guitar was up for auction I immediately knew it was a once-in-a-lifetime opportunity to secure it and use it as a vehicle to spotlight the struggles that those in the performing arts are facing and have always faced," the Australian was quoted as saying by Julien's Auctions.

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The guitar was sold with its case, which Cobain had decorated with a flyer from punk rock band Poison Idea's 1990 album Feel the Darkness.

Until now, the most expensive guitar in history was a Fender Stratocaster, dubbed "Black Strat", used by Pink Floyd guitarist David Gilmour.

It had been sold by the musician for neaRead More – Source