Legendary Guitar Estimated at £700,000 to £1 Million

  • Rory Gallagher’s 1961 Fender Stratocaster to be auctioned in October
  • Guitar has a price estimate of £700,000 to £1 million
  • Part of Rory Gallagher’s collection of guitars, amps, and accessories at Bonhams in London
  • Guitar was with him from the start of his career until his passing in 1995
  • Fender has sold replicas of Gallager’s Strat as part of their artist signature series since 2004
  • Auction features 150 items, including three other guitars on preview in New York and Los Angeles

Rory Gallagher’s iconic 1961 Fender Stratocaster, a key part of his career, will be auctioned off along with other guitars and accessories from the late blues rocker’s collection at Bonhams in London. The guitar is estimated to sell for £700,000 to £1 million ($909,084 to $1.3 million. Fender introduced the Stratocaster in 1954 and has since sold replicas of Gallagher’s model as part of their artist signature series. The most expensive electric guitar ever sold was Kurt Cobain’s ‘Smells Like Teen Spirit’ Fender Mustang for $4.68 million, while the priciest guitar overall was Cobain’s Martin D-18E acoustic at $6 million.

Factuality Level: 7
Factuality Justification: The article provides accurate information about Rory Gallagher’s 1961 Fender Stratocaster, its history, and the upcoming auction of his collection. It also includes relevant details about Fender Stratocaster’s background and other guitars sold at auctions. However, it could be more concise and avoids any personal opinions or bias.
Noise Level: 4
Noise Justification: The article focuses on the auction of a famous guitar owned by Rory Gallagher and provides some historical context about Fender Stratocaster guitars, but it lacks in-depth analysis or exploration of broader trends or consequences. It also does not offer much actionable insights or new knowledge beyond the information about the upcoming auction.
Public Companies: Fender (N/A)
Private Companies: Bonhams
Key People: Claire Tole-Moir (Head of Bonhams’ popular culture department), Dónal Gallagher (Rory Gallagher’s brother and former manager)

Financial Relevance: No
Financial Markets Impacted: No
Financial Rating Justification: The article discusses the auction of a famous guitar owned by Rory Gallagher, which may impact collectors and fans but does not have any direct financial market or company implications.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no extreme event mentioned in the article.

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