BEVERLY HILLS: The iconic blue guitar Kurt Cobain rocked out with in Nirvana’s seminal 90s "Smells Like Teen Spirit" music video is expected to fetch up to $800,000 when it goes up for auction next month.
With "Smells Like Teen Spirit" racking up more than 1.4 billion views on YouTube, the 1969 blue Fender is arguably one of the most famous in rock, said Martin Nolan, executive director of Julien’s Auctions.
"This is one of the most iconic guitars ever to come to the auction block, this is the blue Mustang Fender guitar, one of Kurt Cobain's favorite guitars of all time," said Nolan, standing beside a display of Kurt Cobain memorabilia at Julien’s Auction’s Beverly Hills showroom.
"The guitar comes with its original case and, also, the guitar strap, so that's ... really important to collectors when they come to the auction to know the originality," said Nolan, who noted that the guitar has stayed with the family since Cobain's death in 1994.
The Cobain guitar is the star lot in the auction house’s Music Icons auction, taking place in New York and online from May 20-22.
Nolan said the auction house has conservatively estimated a price range for the guitar of $600,000 to $800,000 but noted "that's a very conservative auction estimate."
The auction house said a portion of the proceeds would go to a mental health charity.
The auction also features other items, including an original Kurt Cobain artwork of Michael Jackson, that is expected to fetch up to $40,000 (USD) and one of his cars, a 1965 Dodge Dart, expected to fetch between $400,000 to $600,000.
Reuters
Tue Apr 12 2022
Memorabilia including iconic clothing and musical instruments of the late Kurt Cobain of the legendary grunge band Nirvana, on display at the "Nirvana: Taking Punk to the Masses" exhibition of the EMP in Seattle. - REUTERS
ISIS Malaysia's perspective of Budget 2025
An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Budget 2025: Record increase in STR, SARA aid initiatives
The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
What policies to expect from Indonesia's new President Prabowo
Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS
The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Israel sends more troops into north Gaza, deepens raid
Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Indonesia ramps up security ahead of Prabowo's inauguration
Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods
Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM
Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
NFOF will be operational in November 2024 with funding of RM1 bil
PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Minimum wage to increase to RM1,700 effective Feb 1, 2025
The Progressive Wage Policy would be fully enforced next year with an allocation of RM200 million, benefiting 50,000 workers.
Bursa Malaysia ends higher on Budget 2025 optimism
The benchmark index, which opened 1.85 points higher at 1,643.29, moved between 1,641.71 and 1,649.31 throughout the trading session.
Five important aspects relating to people’s lives in Budget 2025 - PM
The focus is on driving the MADANI Economy, speeding reforms, cutting red tape, raising wages, and tackling the cost of living.
Economic outlook: Govt plans to leverage, expand existing city transit system
The expansion aims to provide a more efficient and reliable public transportation network, reduce congestion, and improve accessibility.
Economic outlook: Budget 2025 to lay foundation for a digital-driven economy
The report said Budget 2025 will entail efforts to position Kuala Lumpur as a top 20 global startup hub by 2030 through the KL20 initiative.
Economic outlook: Corruption and lack of accountability hinder economic progress
Special Cabinet Committee on National governance is established to curb corruption, law reforms to modernise outdate regulations, MoF said.
National Wages Consultative Council will be strengthened
The govt will also incentivise hiring women returning from career breaks, offer job matching and improve care services facilities.
Economic outlook: Ensuring 11 years of compulsory education for all children
Budget 2025 will continue prioritising upskilling and retraining initiatives to equip workers with the latest skill sets necessary.
Consolidated public sector projected to record lower surplus of RM41.7 bil 2024
The MoF said the consolidated general government revenue is estimated to increase slightly to RM384.7 billion in 2024.
PM announces substantial Budget 2025 hastening Malaysia to become Asian economic powerhouse
Datuk Seri Anwar Ibrahim said it would create jobs and also tackle financial leakages to enhance public spending efficiency.