Other Nirvana items in the auction included a signed “Nevermind” poster, which sold for $56,250 the camera, negatives and signed prints from Nirvana’s 1992 Spin magazine photoshoot, which sold for $35,200 and a handful of Nirvana all-access passes, which sold for $512 each. Titled “Music Icons,” this was Julien’s Auctions’ first live in-person event since December due to the coronavirus pandemic. Included with the guitar is its original case adorned with a flyer for Poison Idea’s 1990 album “Feel the Darkness,” a half-used package of Martin guitar strings, three picks and a suede bag containing a silver spoon, fork and knife.

The victorious bidder was Peter Freedman, founder of Rode Microphones, who was present at the event. On Saturday, it received three additional bids, one of which was the winning $6.01 million. The October 25th and 26th auction also features handwritten lyrics by artists like Bob Dylan, Bruce Springsteen, Aretha Franklin and Eric Clapton, including a working draft of “Layla.”Įarlier this year, a sweater worn by Cobain during his final Nirvana photoshoot sold for $75,000 at auction.Leading up to the auction, the guitar had already received four $1 million bids, according to the Julien’s Auctions website. The pre-auction estimate for the left-handed Fender Mustang guitar in turquoise with red mottled pickguard is between $300,000 to $500,000. Julien’s Live’s Icons and Idols auction will also feature one of the custom-built guitars Cobain used during Nirvana’s In Utero tour accompanied by a letter from Courtney Love that notes that the instrument was among Cobain’s favorites. “He said it was an investment and that he would come back in some point in time when the time is right,” Julien said. It’s unknown who anonymously purchased the cardigan at auction in 2015, but Julien admitted it was a businessman that was a fan of Cobain’s despite the fandom, the 2015 buyer always intended on re-auctioning the sweater. Like the 2015 auction, the sweater comes with a handwritten letter of provenance from Jackie Farry, Frances Bean Cobain’s nanny and a close friend of Courtney Love, who gifted Farry with the sweater following Cobain’s death in April 1994. It’s a way to diversify their portfolios.” People are investing more and more in pop culture, especially rock & roll. We anticipate that it will sell for more than double. Now, because we’ve been getting record prices for Kurt Cobain, people are starting to sell it. The person that bought the sweater in 2015 bought it as an investment. “It’s not just a collector’s market - it’s an investor’s market. “Rock & roll memorabilia has become an investment,” Julien said. The sweater will return to the Julien’s block once again on October 25th with a pre-auction minimum bid set for $200,000 according to the Julien’s listing, that minimum bid has already been matched, with Cobain’s cardigan expected to reach bids of upwards of $300,000. In November 2015, Cobain’s Manhattan brand sweater - “a blend of acrylic, mohair and Lycra with five-button closure (one button absent), with two exterior pockets, a burn hole and discoloration near left pocket and discoloration on right pocket” - sold for $137,500 through Julien’s Auctions, far exceeding the sweater’s pre-auction estimate of $60,000. The auction house now has it stashed in similar tissue and a plastic case.

The current owner, a businessman who prefers to remains anonymous, kept the piece stored in acid-free tissue in a safe. There’s even cigarettes burns that you can see on the sweater.” “It’s very important that we don’t wash it,” Darren Julien of Julien’s Auctions told Rolling Stone. And, before you ask, yes, it has never been washed. For the second time in four years, the iconic green cardigan worn by Kurt Cobain during Nirvana‘s MTV Unplugged performance will head to the auction block.

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