![]() ![]() 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’s said. The guitar was previously displayed at the Rock and Roll Hall of Fame and falls at an estimated value between $300,000 USD and $500,000 USD. In an accompanying letter from Love, she notes that this instrument was one of her late husband’s favorites. Built in 1993, the custom guitar is constructed with a turquoise body and red mottled pickguard, and was used by the frontman during the band’s In Utero tour. According to the Julien’s listing, the piece’s pre-auction minimum bid of $200,000 USD has already been matched and is expected to reach bids up to $300,000 USD.Īside from the cardigan, Cobain’s left-handed Fender Mustang will also be up for a two-day auction. ![]() The clothing also comes with a handwritten letter of provenance from Jackie Farry, the nanny of Frances Bean Cobain and close friend of Courtney Love, who gave Farry the sweater after the musician’s death. Crafted with a blend of acrylic, mohair and Lycra, the still-unwashed sweater arrives with a five-button (one absent) closure, two exterior pockets, a burn hole and discoloration near the left pocket and discoloration on the right pocket. The legendary frontman’s olive green cardigan is being auctioned off for the second time around, following its first purchase of $137,500 USD in November 2015. The cardigan worn by Kurt Cobain during Nirvana’s MTV Unplugged performance and one of his custom Fender guitars are hitting Julien’s Live’s Icons and Idols auction this October 2019. ![]()
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