August 13, 2022

After shelling out a cool $4.5 million in an public sale, Indianapolis Colts proprietor Jim Irsay is now the proud proprietor of the guitar performed by Kurt Cobain within the music video for Nirvana’s “Smells Like Teen Spirit.”

Regardless of showing in certainly one of rock music’s most iconic movies, Irsay’s bid far exceeded expectations for the guitar, a left-handed 1969 Fender Mustang in Competitors Lake Placid Blue end, which Julien’s Auctions estimated to promote for round $600,000 to $800,000. In fact, Forbes estimates Irsay’s web price to be round $3.5 billion, which places the acquisition into perspective.

Exterior of his soccer profession, Irsay collects rock music, American historical past, and popular culture memorabilia as a part of The Jim Irsay Assortment, which, whereas at present displaying objects in cities like Nashville, Washington, D.C., Austin, and Los Angeles, hopes to deal with its choice in a everlasting museum. In keeping with Irsay, the Cobain household donated a portion of the guitar’s proceeds to Kicking the Stigma, the billionaire’s psychological well being initiative.

The “Smells Like Teen Spirit” guitar is the most recent of Cobain’s objects to be bought in recent times. The identical public sale marketed the late musician’s 1965 Dodge Dart, a portray he did of Michael Jackson, and a skateboard that includes hand-drawn imagery from Iron Maiden’s Killers album. Earlier than that, the 1959 Martin D-18E acoustic-electric guitar Cobain performed throughout Nirvana’s taping of MTV Unplugged bought for a record-breaking $6 million.

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