A Fabled Clapton Guitar Fetches $1.27 Million at Auction
'The Fool' is going to the Jim Isray Collection, founded by the owner and CEO of the Indianapolis Colts
An Eric Clapton guitar used to record two of his earliest and most celebrated albums with the rock group Cream sold for $1.27 million at auction last week.
The auction made the guitar, a Gibson SG known as "The Fool" for its ornate psychedelic painting of a jester covering its surface, the 10th most expensive guitar ever auctioned, according to Guitar World. The top two most expensive guitars auctioned both belonged to Kurt Cobain and went for more than $6 million and $4.55 million respectively.
The artwork for the guitar was created by members of The Fool, an art collective which also designed costumes for The Beatles. Clapton's instrument was valued between $1 million and $2 million by Julien's Auctions, the house that handled the deal, and received 21 bids.
A collector's entity overseen by Indianapolis Colts owner Jim Isray won the guitar. The Jim Isray Collection, along with the auction house, plans to donate some of auction proceeds to Kicking the Stigma, a mental health initiative started by the Colts and the Isray family.
Clapton used the guitar to record Disraeli Gears, Wheels of Fire and Goodbye with rock group Cream, according to The Met, which showcased the guitar in an exhibit of instruments from rock-n-roll history in 2019.
In 1967, Clapton said: “I am playing more smoothly now. I’m developing what I call my ‘woman tone.’ It’s a sweet sound, something like the solo on ‘I Feel Free.’ It is more like the human voice than the guitar. You wouldn’t think it was a guitar for the first few passages. It calls for the correct use of distortion.” His ‘woman tone’ evolved on The Fool, Julien’s Auction added.
Clapton’s guitar was part of Julien’s Auctions “Played, Worn & Torn: Rock ‘N’ Roll Iconic Guitars and Memorabilia" sale which also included a Johnny Cash guitar which went for $63,500, a signed Elvis Presley yearbook which was auctioned for $6,500 and Janis Joplin’s ring which went for $76,200.
- Two of Kurt Cobain’s Guitars Approach $1M Bids at Auction
- Guitar Gifted by Eddie Van Halen to Musician With ALS Sells at Auction for $110,000
- Princess Diana’s Blouse Could Fetch $100,000 at Auction Next Month
- Rare Donair Sandwich Costume Fetches Nearly $12,000 in Canadian Auction
- Babe Ruth Rookie Card Up for Auction, Could Fetch More Than $10 Million
- Titanic’s First-Class Dinner Menu Could Fetch a Fortune at Auction
- Student Loan Servicers That Sent Late Bills to 758,000 Borrowers Get Slapped by the FedsBusiness
- Peloton Stock Surges on TikTok DealBusiness
- Boeing Wants FAA to Clear Smallest 737 Max Jet Despite Overheating ProblemBusiness
- Delta Is the Most On-Time US Airline for Third Year in a Row, Travel-Data Firm SaysBusiness
- Chinese Shadow Bank Files for Bankruptcy as Real Estate Crisis Racks NationBusiness
- The Life and Rise of Chip Wilson, Lululemon’s Controversial Billionaire FounderBusiness
- Where the Jobs Are: These Are the Sectors Doing the Most HiringBusiness
- Furious Customer Confronts Hapless McDonald’s Cashier Over Blue and White McChicken Wrapper, Claims It Shows Support for IsraelNews
- Exxon Mobil Joins Chevron in Blaming California for Billions in Asset ImpairmentsBusiness
- How to Claim Part of Verizon’s Proposed $100 Million SettlementBusiness
- What Did People Who Forgot a Present Do on Christmas Day? Pulled Out Their PhoneBusiness
- Tesla Recalls 1.6 Million EVs in China Over Autopilot Crash RisksBusiness
