The most expensive Clapton guitar ever sold at auction

  • Eric Clapton’s iconic 1960s Gibson guitar, ‘The Fool,’ sold for $1.27 million
  • The guitar is the most expensive Clapton guitar ever sold at auction
  • A portion of the auction proceeds will go towards mental health awareness
  • Other notable items sold at the auction include guitars owned by Eddie Van Halen and Janis Joplin
  • Heritage Auctions has announced the Eric Clapton Crossroads 25th Anniversary Signature Auction

Eric Clapton’s iconic 1960s guitar named ‘The Fool’ was sold for a record-breaking $1.27 million at auction. This makes it the most expensive Clapton guitar ever sold and the first to reach seven figures. The guitar, known for its psychedelic finish and association with the Summer of Love, was purchased by the Jim Irsay Collection in Indianapolis. A portion of the proceeds will go towards mental health awareness. The auction also featured other notable items, including guitars owned by Eddie Van Halen and Janis Joplin. In addition, Heritage Auctions has announced the Eric Clapton Crossroads 25th Anniversary Signature Auction, with all proceeds going to the Crossroads Centre Antigua, a treatment center founded by Clapton. Collectors can bid on unique guitars and rock ‘n’ roll treasures in support of a good cause.

Factuality Level: 7
Factuality Justification: The article provides factual information about the auction of Eric Clapton’s guitar and the price it was sold for. It also mentions other notable results from the auction. However, there is some unnecessary background information and details about the mental health awareness initiative and the Crossroads Centre Antigua that are tangential to the main topic.
Noise Level: 3
Noise Justification: The article provides information about the sale of Eric Clapton’s guitar and other notable results from the auction. However, it lacks depth and analysis, and focuses more on the auction itself rather than the broader implications or significance of the sale. It also includes unnecessary details about the auction process and the proceeds going towards mental health awareness, which are not directly relevant to the main topic.
Financial Relevance: Yes
Financial Markets Impacted: The auction of Eric Clapton’s iconic guitar may impact the market for rare and collectible guitars, as well as the memorabilia market.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article discusses the sale of a valuable guitar at auction, which has financial implications for the market. However, there is no mention of any extreme events.
Public Companies: Julien’s Auctions (), Hard Rock Cafe (), Indianapolis Colts (), Heritage Auctions ()
Private Companies: Jim Irsay Collection
Key People: Eric Clapton (Guitarist), Kurt Cobain (), Larry Hall (Chairman of the Jim Irsay Collection), Janis Joplin (), Eddie Van Halen (), John Mayer (), Carlos Santana (), Todd Krause (Luthier), John “Crash” Matos (Graffiti artist), Aaron Piscopo (Director of vintage guitars and musical instruments at Heritage Auctions)

Reported publicly: www.marketwatch.com