Kurt Cobain's Blockbuster card soars past estimate

Kurt Cobain's Blockbuster Video card is one of the wackier lots at Julien's Auctions' music memorabilia sale next month.

Bidding on the card has already surpassed $1,000 and made a mockery of its $600 valuation, with 19 days left of the November 4-ending auction.

Kurt Cobain Blockbuster card

Nirvana memorabilia is soaring in popularity due to nostalgic 30-somethings

It was issued to the Nirvana star at Blockbuster's 1508 North Orange Grove store in LA.  

The auction will feature 22 lots of Nirvana-related memorabilia.

The most valuable is likely to be the 1992 MTV Music Video Award the band received for its video to Smells Like Teen Spirit. It has a $70,000 high estimate.

Cobain is thought to have employed the trophy as a doorstop in the downstairs bathroom at his house in Seattle.

Bidding stands at $32,500.

Also up for grabs are several letters and sketches by Cobain. while one of the most poignant pieces is an unused April 8, 1994 ticket for a Nirvana concert in Dublin, Ireland – the same day Cobain was found dead. It has a $400 estimate, with bids already at $200.

Nirvana collectibles are a boom area. The teenagers who grew up listening to Nirvana in the early 90s are now nostalgic, wage-earning adults. That translates to strong demand, and strong prices for the band's history – particularly those items connected with front man Cobain.

'Pharma Bro' Martin Shkreli paid more than $26,000 for Cobain's credit card in 2015. Cobain's Mosrite Gospel Mark IV guitar auctioned for $131,000 in 2006.

See our music memorabilia for sale here.

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