Eddie Van Halen's iconic red-patterned Kramer guitar expected to fetch up to $3M

TopicsAll ForumsGeneralVan Halen NewsEddie Van Halen's iconic red-patterned Kramer guitar expected to fetch up to $3M

This topic has 2 voices, contains 2 replies, and was last updated by  ron 427 days ago.

April 8, 2023 at 2:55 pm Quote #66379

ron
(11569)

https://www.dailymail.co.uk/tvshowbiz/article-11951569/Eddie-Van-Halens-red-Kramer-guitar-expected-sell-3MILLION-Sothebys-auction.html

Dozens of important pieces in the history of rock & roll and pop music are up for sale if the price is right.

World-famous Sotheby’s is currently staging an auction that features items from some of the biggest and most influential music artists of all time.

There’s everything from a Jimmi Hendrix feather boa, an autograph manuscript by Bob Dylan, Prince’s three-piece purple suit from the Purple Rain era, and an autographed Hofner bass from Paul McCartney.

But it is Eddie Van Halen’s iconic red-patterned Kramer guitar from the ‘Hot For Teacher’ music video that’s expected to be the most valuable.

The selection of artists represented in the auction also includes the likes of Led Zeppelin, Rolling Stones, The Clash, Queen, Van Halen, David Bowie, Sex Pistols, Bob Marley And The Wailers, Grateful Dead, Janis Joplin, The Who, AC/DC and the Eagles.

In all there are 131 items and memorabilia, spanning decades and musical genres, that are listed on the Sotheby’s website that are up for sale until April 18.

https://www.sothebys.com/en/buy/auction/2023/rock-roll/eddie-van-halen-hot-for-teacher-guitar


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April 18, 2023 at 2:28 pm Quote #66387

Dutchie
(1776)

Someone on FB just posted that the HFT guitar went for $3,900,000, which if true would make it the 4 highest selling guitar of all time…


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April 18, 2023 at 2:54 pm Quote #66388

ron
(11569)

The current Buyer’s Premium rate for all auctions except Wine & Spirits is 26% of the Hammer Price for a Hammer Price up to and including $1,000,000, 20% of any amount of the Hammer Price in excess of $1,000,000 up to and including $4,500,000, and 13.9% of any amount of the Hammer Price in excess of $4,500,000.
The current Overhead Premium rate is 1% of the Hammer Price.

So add 21% on top! (plus any applicable taxes and shipping)


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