Those are just estimated values (basically opening bids) and are always set very low to anticipated actual selling prices,....(are done that way on purpose).
For example sold last May 2004 in open auction:
Clapton's "Blackie"
Estimated: $100,000-150,000
Actual: $959,500
SRV's "Lenny"
Estimated: $15,000 - $20,000
Actual: $623,500
If those kind of multiples hold up, you do the math on what those Hendrix guitars are going to bring, and this market is still extremely strong for the sellers this year.
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For example sold last May 2004 in open auction:
Clapton's "Blackie"
Estimated: $100,000-150,000
Actual: $959,500
SRV's "Lenny"
Estimated: $15,000 - $20,000
Actual: $623,500
If those kind of multiples hold up, you do the math on what those Hendrix guitars are going to bring, and this market is still extremely strong for the sellers this year.
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Originally posted by Hardrock69
Well, here are some links to an auction occurring in London on the 16th:
There are 3 Stratocasters owned by Hendrix up for auction, expected to fetch from 60,000 to 150,000 pounds UK.
There are 33 pages of stuff up for auction, including a bunch of autographed items, etc.
Also a bass owned by Noel Redding (and a bunch of other Noel Redding stuff).
Well, here are some links to an auction occurring in London on the 16th:
There are 3 Stratocasters owned by Hendrix up for auction, expected to fetch from 60,000 to 150,000 pounds UK.
There are 33 pages of stuff up for auction, including a bunch of autographed items, etc.
Also a bass owned by Noel Redding (and a bunch of other Noel Redding stuff).
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