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Richards, Harrison Guitars to Be Auctioned

December 17, 2004

NEW YORK (AP) _ A Gibson guitar once owned by Beatle George Harrison and a guitar played by Keith Richards of the Rolling Stones were among the highlights of a rock ‘n’ roll auction.

Christie’s was offering more than 400 items of rock ‘n’ roll and entertainment memorabilia at Friday’s auction, which was expected to bring in about $3 million.

``Some articles are being offered for sale by collectors, and others by the celebrities themselves or their families,″ said Darren Julien of Julien’s, a Hollywood, Calif.-based entertainment auction house, a co-sponsor of the auction.

He said 90 percent of the items were fresh to the market. The sellers’ identities were being kept confidential at their request.

Other items included Elvis Presley’s Army trench coat, an album cover signed by Bob Dylan and Britney Spears’ grade school book report.

Harrison’s rare SG Standard guitar was worth $200,000,″ Julien said. Its value increases, he said, because it was owned by Harrison and once played by Beatle John Lennon. Its pre-sale estimate was $600,000.

Richards’ guitar, a 1959 Gibson, was valued at about $400,000. The pre-sale estimate for Presley’s trench coat was $15,000.

The Britney Spears book report was expected to sell for under $1,000. The handwritten report includes a teacher’s annotation: ``proof read, messy.″

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