Bob Dylan’s electric guitar: a good investment?
Ali Zayeri, rock memorabilia collector, says that he thinks Bob Dylan’s electric guitar could fetch up to half a million (U.S. dollars) at Friday’s auction and that its value will continue to increase over time.
Dylan’s Newport performance—like Elvis Presley’s above-the-hips appearance on ”The Ed Sullivan Show,” or the Beatles’ arrival in America, or Woodstock—is regarded as one of the milestone moments in rock history.
By going electric, Dylan helped lead a movement that gave rock ‘n’ roll lyrics the density and ambiguity of literature.
Exactly what happened at the festival on July 25, 1965, has become enshrouded in legend, and to this day, the debate persists over whether those who booed were angry over Dylan’s electric turn or were upset over the sound quality or the brief set.
Backed by a band that included Mike Bloomfield on guitar and Al Kooper on organ, Dylan played such songs as ”Maggie’s Farm” and ”Like a Rolling Stone.” He returned for an acoustic encore with ”It’s All Over Now, Baby Blue.”
Legend has it that Pete Seeger, one of the elder statesmen of the folk movement, was so angry that he tried to pull the plug on the electric performance or threatened to cut the cable with an ax.
But years later, Seeger said he had nothing against Dylan going electric—he was upset over the distortion-filled sound system.
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Christie’s also was offering five lots of hand- and typewritten lyric fragments found inside the guitar case—early versions of some of Dylan’s songs. They had a pre-sale estimate ranging from $ 3,000 to $ 30,000. But only one of them sold; it went for $ 20,000 and contained draft lyrics for ”I Wanna Be Your Lover.”
—By the Associated Press