Rare Guitar Auction in NYC Likely to Bring in Millions

If you ever wanted to own a piece of musical history, here’s your chance.
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If you ever wanted to own a piece of musical history, here’s your chance. Hundreds of rare guitars – Martins, Gibsons, Fenders and more - are being auctioned off in New York on Saturday. There are centuries old acoustics, and eclectic electric guitars. ‘We do have electric guitars played by some of the most famous rock and roll artists who ever lived. Stevie Ray Vaughan, Eddie Van Halen. We have a guitar owned by Ringo Starr but played by John Lennon,’ said Arlan Ettinger, President of Guernsey’s, the auction house handling the bidding. Estimates for each guitar vary widely, depending on who owned it, who played it, and how rare it is. For example, a Gibson Super 400CES, one of only two 7-string Super 400’s ever made, has an estimate of $60,000 to $70,000. Tony Mottola played the guitar with Frank Sinatra and with the Doc Severinsen Orchestra on the Tonight Show. The top end of the Marilyn Guitar estimate is one million dollars.