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View Full Version : The Cash Estate Auction Wildly Exceeds Estimates


egarrard
09-15-2004, 06:26 AM
http://news.bbc.co.uk/1/hi/entertainment/music/3657790.stm
Items belonging to the late Johnny Cash fetched $1.24m (£692,000) on the first day at auction in New York on Tuesday.
Collectors paid up to 15 times the expected prices for the late country music star's possessions.
http://newsimg.bbc.co.uk/media/images/40071000/jpg/_40071958_guit203.jpg
A custom-made abalone-inlaid acoustic guitar - expected to reach $20,000 (£11,650) - sold for $131,200 (£73,200).

Sharon Graves, of Nebraska, who bought the guitar, already had an extensive collection of Cash memorabilia thanks to her late husband Terry, a lifelong fan.

Cash died in September 2003 after complications from diabetes
She said: "It'll be the centrepiece of the collection. I bought it in his [Terry's] memory."

The guitar was made in the 1960s by Billy Grammer and labelled "Custom Made For Johnny Cash".

Other items: http://search.sothebys.com/

The auction continues today and tomorrow in New York. For more information, go to sothebys.com. Below is a sampling of some of items:

Yesterday

• An acoustic guitar made for Cash in the 1960s by Billy Grammer and labeled ''Custom Made For Johnny Cash.'' Estimated at $10,000-$20,000. Sold for a final bid of $118,000, which is $131,200 with commission.

• Autographed Johnny Cash 1959 concert poster. Estimated at $1,500-$2,500. Highest bid: $21,000.

Today

• June Carter Cash's book, Among My Klediments, inscribed to Johnny Cash: ''This story and this life of mine would never have been complete without you — I love you always, June.'' Estimated at $600-$800.

• Johnny Cash's Gibson banjo, autographed by Earl Scruggs and used during many of Scruggs' concert dates and recording sessions. The banjo was a gift from Scruggs. Estimated at $2,000-$3,000.

Tomorrow:

• Johnny Cash's 2002 Ford F-150 pickup truck, with 15,000 miles on it. Estimated at $20,000-$30,000.

• Johnny Cash's Martin D-42JC signature model black guitar. Estimated at $8,000-$12,000.
~Source (http://tennessean.com/entertainment/news/archives/04/09/57692150.shtml)