A guitar formerly owned by Nirvana frontman Kurt Cobain that was featured in the music video for the band’s hit song “Smells Like Teen Spirit” sold for $4.5 million on Sunday, after billionaire Indianapolis Colts owner Jim Irsay made the winning bid.
The 1969 left-handed Fender Mustang guitar—with the brand’s Competition Lake Placid blue finish with matching headstock—far surpassed expectations, after being estimated by Julien’s Auctions to sell for between $600,000 and $800,000.
Cobain played the guitar in Nirvana’s wildly popular 1991 video for “Smells Like Teen Spirit,” which shows a high school pep rally that develops into a chaotic mosh pit, helping drive the band’s album nevermind to go gold within weeks of the video’s release.
Irsay—whose net worth is $3.5 billion according to Forbes‘ estimates—said the guitar is the latest addition to his vast collection of memorabilia related to rock music, American history and pop culture.
Credit: www.forbes.com /