The Ovation Fan Club
The Ovation Fan Club
Forum Search | Statistics | User Listing Forums | Calendars | Albums | Language
Your are viewing as a Guest. ( logon | register )
NEW in 2026 Searches both the Ovation FanClub and Ovation Tribute websites

Random quote: "One good thing about music, when it hits you, you feel no pain." - Bob Marley



Jump to page : 1
Now viewing page 1 [25 messages per page]
This Might be a record!

View previous thread :: View next thread
   Forums Archive -> The Vault: 2004-2005Message format
 
KKeller
Posted 2004-06-26 12:43 PM (#184226)
Subject: This Might be a record!


Joined:
December 2001
Posts: 57

Location: Jersey near NYC
The results for the 2004 Crossroads Auction are in. This was the auction that someone paid almost a million bucks for Eric Clapton's 'Blackie' strat. There was a '75 Preacher 12-string in the auction that belonged to Roger Waters that sold for....get this... $31,070!!!

Complete results are at:
http://www.stratcollector.com/corner/archives/000255.html

Don't forget to add the 19.6% Buyer's premium...


Kim
Top of the page Bottom of the page
CharlieB
Posted 2004-06-26 1:40 PM (#184227 - in reply to #184226)
Subject: Re: This Might be a record!


Joined:
January 2004
Posts: 648

Location: Florida
Eric Clapton's prized Stratocaster,
"Blackie", brought $959,500 in the Christie's Eric Clapton Crossroads Guitar
Auction, becoming the most expensive guitar ever to have been sold at auction.
Stevie Ray Vaughan's Stratocaster, "Lenny" received the second highest price
ever paid for a Fender Stratocaster at auction, fetching $623,500. A new world
record was also set for the sale of a Gibson guitar - Clapton's 1964 red Gibson
ES-335 brought $847,500.

Guitar Center, Inc., was the buyer of Blackie,
Lenny, and Clapton's 1964 red Gibson ES-335.

Christie's representatives
describe the event:

In a thundering two-hour sale, carried by waves of
fierce bidding and outbursts of devotional excitement, many Eric Clapton fans
saw their dreams come true. In the fully packed James Christie salesroom at
Rockefeller Center, bidders from all over the world competed passionately to
acquire guitars from Eric Clapton’s collection or instruments donated by his
musician friends such as Jimmie Vaughan and Pete Townshend. The sale was 100%
sold and totaled $7,438,624, easily eclipsing the $5 million result achieved
for the first Eric Clapton sale organized by Christie’s in 1999. The top lot of
the evening was ‘Blackie,’ the black and white composite Fender Stratocaster
that served as Clapton’s sole stage and studio guitar from 1970 till 1985.
‘Blackie’ was sold for $959,500, becoming the most expensive guitar ever to
have been sold at auction. Proceeds of the sale will benefit Crossroads Centre
in Antigua, an addiction treatment center established by Eric Clapton in 1998.
Upon hearing the results of tonight’s sale, Eric Clapton, who is currently
touring the country, commented: “I am thrilled at the result which is going to
be of enormous help to us in achieving our long term aims at the Centre. On
behalf of myself, but above all on behalf of all the future clients who will
benefit from the enhanced facilities at the Centre, and those who will receive
free or assisted treatment as a result of this sale, I want to say a big ‘thank
you’ to all of those who have come along today and played a part in making this
for me and everyone connected with the Centre, a very memorable occasion.”
Tim Sinnott, Executive Officer of Crossroads Centre, who was present during the
sale and its five-day viewing, said afterwards: ”Mr. Clapton’s generosity to
Crossroads Centre Antigua is an overwhelming gift to people in need of recovery
resources. The funds from the Guitar Auction at Christie’s will help Crossroads
in many different areas, including the completion of the 16-bed half-way house,
The Bevon House, and the continuation of Crossroads international financial
assistance programs. The impact of this auction will enable Crossroads Centre
to sail into the future to fulfill the mission and vision of its founder and
chairman: to provide affordable, accessible and quality addiction
rehabilitation treatment.”

One of the most significant guitars to come up
for sale was undoubtedly ‘Blackie,’ the composite Fender Stratocaster, circa
1956/1957, which in Eric Clapton’s own words “has become part of me.” Clapton
has tremendous affection for this guitar, and had an intense working
relationship with Blackie throughout the 1970s and early 1980s. Offered with a
$100,000-150,000 estimate, ‘Blackie’ sold for $959,500, breaking a world
auction record for any guitar. The first copy of the ‘Eric Clapton Signature
Stratocaster,’ modeled after ‘Blackie’ and extensively used by Clapton from
1990 onwards was bought for $231,500 against an estimate of $8,000-12,000.

A credible rival to ‘Blackie’ in stellar ranking was Clapton’s 1964 cherry-red
Gibson ES-335. This famous Gibson is the second electric guitar Eric Clapton
ever bought, and the one he is most sentimental about. Clapton used this guitar
throughout his remarkable career, from his time with the Yardbirds until today.
The Gibson was offered with its case, which has the word ‘Cream’ and the
initials ‘EC G ES’ stenciled in white paint on the exterior and also carries a
label inscribed by Lee Dickson “Auction(Sadly!).” The intense bidding war sent
shocks of excitement through the room and when the hammer finally came down the
price had soared to $847,500 against a $60,000-80,000 estimate. It is a world
auction record for any Gibson guitar.

The instrument that changed the role
of the acoustic guitar in rock music forever was the 1939, 000-42 Martin
Clapton played on the ‘Unplugged’ album. Against a $60,000-80,000 estimate, it
sold for $791,500, a world auction record for any Martin guitar.

‘Crash 3,’
Clapton’s newest graffiti Fender Stratocaster has a unique story. Used by
Clapton since the start of the 2004 concert tour, the guitar was scheduled to
come to Christie’s after the Dallas Crossroads Festival in early June. However,
Clapton liked it so much that he decided to continue playing it for as long as
he could. ‘Crash 3’ finally arrived at Rockefeller Center this morning, fresh
from Clapton’s hands and was knocked down tonight for $321,100. Decorated by
the famous street-artist Crash, the Graffiti Stratocaster has become Clapton’s
first choice working guitar. This is the first of Clapton’s collection of
graffiti guitars to appear on the market.

Other spectacular prices were
achieved for ‘Ivan,’ the 12-string guitar Clapton co-designed with Tony
Zemaitis in 1969 ($253,900); a custom, gold-leaf decorated Fender Stratocaster,
numbered EC-1, commemorating the 50th anniversary of the model ($455,500); and
‘The Rainbow Rod,’ a Fender Stratocaster, circa 1996, with an iridescent
finish, created by Roy Brizio, the famed Californian hot rod builder
($220,300).

From the group of guitars donated by musician friends to support
the Crossroads Centre, the spectacular ‘Lenny,’ the Fender Stratocaster Stevie
Ray Vaughan played from the 1970s onward until his tragic death in 1990, was an
absolute highlight. The guitar was donated by Stevie Ray Vaughan’s brother,
Jimmie, from the estate of SRV. It is the only personal guitar from SRV to have
been released from the Estate into the public domain and it sold tonight for
$623,500, the second highest price for a Fender Stratocaster.
Top of the page Bottom of the page
Paul Blanchard
Posted 2004-06-26 6:33 PM (#184228 - in reply to #184226)
Subject: Re: This Might be a record!



Joined:
February 2002
Posts: 1817

Location: Minden, Nebraska
No writer mentioned if that is a record price payed for an Ovation guitar..... I suspect you are right, Kim.
Top of the page Bottom of the page
Paul Templeman
Posted 2004-06-27 4:47 AM (#184229 - in reply to #184226)
Subject: Re: This Might be a record!


Joined:
February 2002
Posts: 5750

Location: Scotland
Actually I thought the Strat might have made a little more but I was WAY off on the Preacher. That price is truly ridiculous. I wonder what McCartneys Custom Legends would fetch.
Top of the page Bottom of the page
alpep
Posted 2004-06-27 5:34 AM (#184230 - in reply to #184226)
Subject: Re: This Might be a record!


Joined:
December 2001
Posts: 10583

Location: NJ
too bad Roger Waters can't get the money and get some therapy.
Top of the page Bottom of the page
Beal
Posted 2004-06-27 7:54 AM (#184231 - in reply to #184226)
Subject: Re: This Might be a record!



Joined:
January 2002
Posts: 14127

Location: 6 String Ranch
It is interesting to see these events. Let's keep in mind that these are no longer instruments but have passed over into being either investment vehicles or pieces of art. (same thing I guess)
Interesting that GC was the buyer of them. Wonder what their shareholders think of those kinds of expenditures? On the other hand they will use the instruments for promotions (undoubtedly) so it's better than being stuck away in a safe closet.

With these prices being so high one has to wonder what this will do to the price of any other 50's maple neck strat or 335/345/355? Perhaps not much since they are pretty high anyway and these are "special" pieces. We will see in time........
Top of the page Bottom of the page
CharlieB
Posted 2004-06-27 8:02 AM (#184232 - in reply to #184226)
Subject: Re: This Might be a record!


Joined:
January 2004
Posts: 648

Location: Florida
Its amazing what the "touch of the master's hand" can do to the value of a beat up guitar.

There's an account from eyewitnesses that said "Blackie" was over $500,000 in a minute, over $850k in another two minutes, bidding ended in less than five. This pretty much shows that the amount the bidders were willing to pay was not governed by the percieved value of the guitar, but by the amount they had to spend.

I lost the bet with my wife - but not by much. I told her it would easily fetch a million. I really thought it would. I'm sure if rumors of its future sale arise (as they always seem to on such items) it will easily go for twice its current value. I just hope the folks who bought it preserve it well, as opposed to using it to recoup their investment. (cant think of a way right now... but ya know... its possible I suppose, and been done with other items).
Top of the page Bottom of the page
Old Applause Owner
Posted 2004-06-27 9:17 AM (#184233 - in reply to #184226)
Subject: Re: This Might be a record!


Joined:
July 2003
Posts: 1922

Location: Canton (Detroit), MI
Last night my wife and I discussed what Guitar Center is going to do with these guitars---"promotions" is what came up. My wife thought they might donate them to the Rock and Roll Hall of Fame. I said they won't donate them---they'll LOAN them providing the Hall lets them have a huge promotional display!!!!

What is most likely, though, is a traveling promotional display from store to store. Gonna need a LOT of security, though. And can you IMAGINE the insurance premiums on these against theft???? But if one or more of them is scheduled to show up at my local GC, I'll be there!!! Guaranteed floor traffic!!!!

Roger

1976 Applause AA14-4 6-String
1978 Ovation 1617-4 Legend 6-string
1981 Ovation 1118-1 Glen Campbell 12-string
2001 Adamas 1598-MERB Melissa Etheridge 12-String
2003 Ovation 1777-NAT Legend 6-string
2004 Ovation GCS771-C Balladeer 6-string
Top of the page Bottom of the page
Beal
Posted 2004-06-27 11:03 AM (#184234 - in reply to #184226)
Subject: Re: This Might be a record!



Joined:
January 2002
Posts: 14127

Location: 6 String Ranch
The premiums may not be that big. If someone stole it where are they ever going to sell it? It would have to stay in the closet and whoever wanted it bad enough to steal it would probably not be able to NOT tell someone "Lookie here what I got !!!"
Top of the page Bottom of the page
Jump to page : 1
Now viewing page 1 [25 messages per page]
Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

This message board and website is not sponsored or affiliated with Ovation® Guitars in any way.
Registered to: The Ovation Fanclub™ Copyright (c) 2001
free counters
(Delete all cookies set by this site)