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This Might be a record!
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| Forums Archive -> The Vault: 2004-2005 | Message format | |
| KKeller |
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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 | ||
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| CharlieB |
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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. | ||
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| Paul Blanchard |
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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. | ||
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| Paul Templeman |
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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. | ||
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| alpep |
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Joined: December 2001 Posts: 10583 Location: NJ | too bad Roger Waters can't get the money and get some therapy. | ||
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| Beal |
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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........ | ||
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| CharlieB |
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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). | ||
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| Old Applause Owner |
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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 | ||
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| Beal |
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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 !!!" | ||
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This Might be a record!