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  • Posts Tagged ‘PETER FREEDMAN’

    KURT COBAIN’S ACOUSTIC GUITAR MAKES $6 MILLION

    Sunday, June 21st, 2020

    The acoustic-electric guitar played by Kurt Cobain during Nirvana’s acclaimed MTV Unplugged performance sold for $6,010,000 million at Julien’s Music Icons sale this weekend. The sale set five new world records for World’s Most Expensive Guitar, World’s Most Expensive Acoustic Guitar, World’s Most Expensive Martin Guitar, World’s Most Expensive Piece of Memorabilia and World’s Most Expensive Nirvana Memorabilia. This makes it one of the rarest and most valuable acoustic guitars in the world. The buyer was Peter Freedman, Founder of RĂ˜DE Microphones, who attended the live auction in Beverly Hills and successfully won the guitar in a bidding war among collectors and bidders all across the globe. Conscious that the global arts industry has been shattered by Covid-19 Mr. Freedman plans to display the guitar in a worldwide tour of exhibitions to be held in distinguished galleries and art spaces, with all proceeds (including the guitar) going to the performing arts.

    Over 800 items were sold at the Music Icons event with highlights including: Prince’s recently discovered lost “blue angel” Cloud 2 guitar that sold for $563,000; Elvis Presley’s stage worn ivory macrame belt with accented reflective stones sold for $298,000, nearly thirty times its original estimate of $10,000; Madonna’s ivory satin halter gown worn in her iconic 1990 “Vogue” music video sold for $179,200, almost nine times its original estimate of $20,000; John Lennon’s 1963 handwritten and annotated lyrics to “I’m In Love” sold for $102,400.

    (See posts on antiquesandartireland.com for May 18 and May 11, 2020)

    Peter Freedman with Kurt Cobain’s Martin Guitar.