Eric Clapton 3rd Crossroads Guitar Auction – March 9, 2011

Sky News Report

Bonhams – Sale 19226 – The Eric Clapton sale of Guitars and Amps in aid of the Crossroads Centre
New York and California, Los Angeles, 9 Mar 2011

Bloomberg: Clapton Auction’s Early Prices Soar Above Estimates at Bonhams

In a packed room at the Manhattan auction house, a 1920s mandolin-banjo with a presale estimate of $300 to $500 sold for $3,200. A gold sales award for the album “Me and Mr. Johnson,” estimated at $600 to $900, fetched $32,000.

A 2008 Martin acoustic guitar on which Clapton played the song “Motherless Child” sold for $58,000, well over its presale estimate of $3,000 to $5,000. All sale prices are before buyer’s commission.

Clapton’s Guitars and Amps Sell at Auction for High Price Tags

Wednesday afternoon, a selection of amps, guitars and other memorabilia from rock star Eric Clapton’s personal collection were auctioned off at Bonhams in Manhattan to a room chock-full of fans of the English rock icon. Guitars and amps, which had starting prices that ranged from $300 to $30,000, sold for more than the auction house expected.

“The estimates were a little bit on the conservative side in much of the lots and they’ve obviously made several times what the estimates expected,” said Stephanie Connell of Bonhams. “Some of the prices have come as a really great surprise.”

The most surprising sale early on was a 1979 three-quarter size acoustic guitar made by Danny Ferrington, which went for an astounding $42,700, 100 times more than the expected price tag, according to the London-based firm Wallace & Hodgson who organized the auction with Bonhams.

Auctioneer Jon Baddeley prefaced the sale of the ’79 axe with these words from Ferrington: “Eric loved this guitar. He said he liked the look of carrying it around and getting off and on an airplane with it.”

Many of the guitars up for auction are only two to three years old, like the 2005 custom-built black Fender Stratocaster that Clapton played during his Cream-reunion concerts. This was the first time Clapton offered up his vintage amplifier collection for sale, which included a mid-1960s Supro S6698 ‘Sportsman,’ the same model used by Jimmy Page on the Led Zeppelin II album. The amp sold for $28,060.

Matt Umanov, who owns Matt Umanov’s Guitars, a guitar shop in Greenwich Village, says people pay top dollar for guitars at auction because they want to own a piece of a star like Clapton. “Allegedly and ostensibly, each one has some of his DNA on it,” Umanov said. “People are dying to own that.”

This is the third time that Clapton has auctioned off part of his musical collection to the public. Proceeds of the sale aimed to support the Crossroads Center, a drug and alcohol center founded by Clapton in Antigua.

Lot No: 138
A 2008 Fender Stratocaster Eric Clapton Signature Model,
Serial No. CZ512926,
in Daphne Blue finish, maple neck with skunk-stripe routing, with Todd Krause Fender Custom Shop transfer, twenty-two fret fingerboard with dot inlays, three Vintage Noiseless pickups, three rotary controls, selector switch, tremolo/bridge tailblock and white pickguard; and a black Fender hardshell contour case with black plush lining with handwritten label inscribed Fender Daphne Blue CZ512926
Sold for $51,240 inclusive of Buyer’s Premium