Bob Dylan: Will Bob Dylan’s Guitar Fetch $1 Million at Auction?

Monday, July 23, 2012

ONE of Bob Dylan‘s guitars could be sold for $1 million!

A New Jersey woman who has discovered she might own the electric guitar Dylan plugged in and played at the 1965 Newport Folk Festival is considering selling the instrument.

Dylan’s aides insist Dawn Peterson‘s find can’t be one the folk rock legend left behind after his Newport show, where he first went electric, because the singer/songwriter still owns the axe — but experts working with History Detectives have said otherwise, and they insist the guitar could fetch a huge sum at auction if Peterson decides to sell it.

Peterson insists she had no idea the instrument her father, a private pilot for Dylan’s manager Albert Grossman, found onboard his plane was perhaps Dylan’s until the history experts alerted her to the fact she might have a treasure in her home.

“My father saw there were three guitars left on the plane. He contacted the company a few times about picking the guitars up, but nobody ever got back to him,” she said.

But Dylan’s lawyer, Orin Snyder, tells Rolling Stone magazine there’s no way the instrument can be his client’s most famous guitar, even though it came in a case containing the singer/songwriter’s scribbles and has been verified as the guitar the star strummed at Newport by History Detectives experts.

“Bob has possession of the electric guitar he played at the Newport Folk Festival,” he said.

“He did own several other Stratocaster guitars that were stolen from him around that time, as were some handwritten lyrics.”