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Bob Dylan's Famous Newport Folk Festival Electric Guitar Headed for Auction in December

Christie's Images Ltd. 2013The Fender Stratocaster guitar that Bob Dylan played when he "went electric" at the 1965 Newport Folk Festival is going to be auctioned off on December 6 by Christie's in New York.

As you can imagine, the winning bidder will have to fork over a lot of money to acquire the guitar.  It's expected to fetch between $300,000 and $500,000.

Rolling Stone reported over the summer that the woman who currently possesses the guitar, Dawn Peterson, wanted to sell the instrument after a legal settlement was reached with Dylan.  The guitar was left on a private plane piloted by Peterson's late father, Vic Quinto.  It's been in her family's possession ever since.

A 2012 episode of the PBS series History Detectives focusing on the guitar featured researchers who concluded that the instrument was the same Stratocaster that Dylan had used at the 1965 Newport Folk Festival.

Besides the guitar, which will come in its original case and a leather strap, a selection of hand-written and typed lyric sheets that were found with the instrument also will be up for bid in separate lots with estimates for those ranging from $3,000 to $30,000.  Among the documents are ones featuring words to songs from Dylan's Blonde on Blonde sessions, including of "Absolutely Sweet Marie."  One sheet also boasts lyrics to an unreleased and untitled song that begins with the line "You owe me your loving."

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