Bob Dylan's legendary electric guitar heads to auction

The folk icon played the guitar during his (in)famous 1965 Newport Folk Festival set.

Rolling Stone reports that the sunburst Fender Stratocaster that Dylan played — to the outrage of folk purists — at the 1965 festival gig is headed to the auction block, following a legal dispute concerning ownership of the guitar.

The guitar has been in the possession of New Jersey resident Dawn Peterson’s family since 1965, when Dylan allegedly left it in a plane piloted by her father. Last year, Peterson appeared on PBS program History Detectives with the guitar, eventually reaching a confidential settlement with Dylan that will allow her to sell it.

Peterson is investigating how she will sell the guitar and a set of handwritten Dylan lyrics that were found in the guitar’s case. She says that while History Detectives estimated it’s worth at $500,000, she believes it’s worth more than that. “I doubt we’ll sell it with any sort of reserve,” she says. “The lyrics also estimated to be worth at least $50,000.”

It has been quite a year for musical auctions: John Coltrane’s sax hit eBay, Joey Ramone’s record collection was sold online, and a treasure trove of Beach Boys memorabilia sold for £7m.



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