Current location: News | Memorabilia | 2012 News Archive

'Pawn Kings' buy rare Les Paul guitar for $90,000 - then sell it for $110,000

Les Paul helped invent rock music as we know it - here's his ex-wife's Gibson SG Les Paul guitar



Guitars are among the best alternative investments in the collectibles markets. The more legendary the guitar, the better. And it doesn't get any more legendary than the guitar innovator Les Paul.

Born Lester William Polsfuss in Wisconsinin, 1915, Les Paul is credited with many music recording innovations and was a pioneer of the solid bodied rock guitar, which made the sound of rock and roll possible.

Les Paul's guitars are very coveted, especially those with provenance linked to the man himself. Like this example purchased on the History Channel's TV series Pawn Stars. The vintage 1961 Gibson SG Les Paul Custom guitar used to belong to Les Paul's ex-wife, Mary Ford.

The guitar was first bought for $90,000 from Mary Ford's nephew, as shown on Pawn Stars. It was then put up for auction on eBay and sold for $110,000.

les-paul-guitar410.jpg
The ex-Mary Ford Gibson SG Les Paul Custom, as it appeared on eBay

The sale included personal items belonging to Les Paul. Most surprising of these was an old letter manuscript stating "Les is told Not to sign a contract with Gibson." To this day, Gibson is this the main manufacturer of Paul's guitars.

Had Les followed the advice in this letter, the fortunes of both he and Gibson... and rock 'n' roll in general... could have been very different.

Click here to see our music memorabilia for sale



Recent and related articles

  Johnny Ramone Mosrite guitar from his final tour could win $120,00 at auction | 25 January 2012

  Rare autographed Metallica guitar could auction at '$10,000' for charity | 24 January 2012

  Elvis Presley memorabilia: why the King is still very much alive | 19 January 2012


Your collecting

View our stock items for sale  |  How to start a collection


Guides and analysis

Investing in Guitars and Rock Memorabilia  |  10 reasons to invest in collectibles  |  Market information & demographics


www.paulfrasercollectibles.com

Images: WhatSellsBest

By
Last updated: 9 February 2012