There are photos of Jimi Hendrix playing a variety of electric guitars throughout his too-short career but, like Clapton, he is most closely associated with the Fender Stratocaster, favoring right-handed models he would play upside down (like in the photo above).
Unlike Clapton or Garcia, Jimi was also known for smashing his guitars or setting them on fire on stage and no one guitar survived long enough to have the same lengthy associations as “Blackie” or “Tiger.” Perhaps the most important of Jimi’s Strats to survive intact is the white model he played at the Woodstock festival in 1969. The last public sale of this guitar was for $325,000 to an Italian collector. It was resold privately to Microsoft billionaire Paul Allen and is now displayed in his Seattle rock museum.
As I write this there is a similar white Fender Stratocaster leaning against the couch across from my desk, but, even if it were the same year as Jimi's, even if it were one digit in a serial number apart, it would remain a thoroughly impotent object. I doubt that I'll ever have the chance to hold Paul Allen's guitar in my hands, but I suspect one of two things would happen. Either I would be shocked by the power of the object - an effect like teleportation, suddenly standing on stage on Sunday morning in August 1969, playing the National Anthem - or, more likely, I would be shocked by the failure of the object to deliver on that imagined promise. I secretly suspect it would feel small and cold in my hands, even though I want to believe otherwise.
#4 "Old Black"
"Old Black" is the nickname given to Neil Young's 1953 Gibson Les Paul, originally a gold top that was painted black decades ago and whose distinctive squeal is, in part, due to a Gibson Firebird pick-up set in the treble position. On the collector's market a damaged and worn, repainted 1953 gold top missing its original pickups would likely have a value well under $10,000. Should this guitar ever be sold however, a price well in excess of $1 million would result from that combination of Young's artistic gravitas and the prominent role this one guitar has played for over twenty years of records and tours.
#5 "Jimmy Page's 1958 and 1959 Sunburst Les Pauls"
The most sought and valuable solid body electric guitar in the world is the Les Paul Standard model produced from 1958 to 1960.** These guitars all have a book-matched carved maple top finished in a "sunburst" (the color is darker around the edges and gets lighter as it nears the center) finish. Some maple is highly figured and produces an almost 3-D illusion of "flames" or of tiger stripes in the wood. On the collector market a price difference in six figures can result between two otherwise identical guitars if one has a highly figured top.
On their early tours and on the first Led Zeppelin album, Jimmy Page played the Fender Telecaster guitar that he'd played in The Yardbirds. But by the time of the second record this had been replaced by a 1958 Les Paul. Some time later Page was given a second Les Paul, a 1959 model, by guitarist Joe Walsh. These two guitars would be his primary instruments during his time in Led Zeppelin. The value of the Page and Zeppelin connection is added to the starting price of somewhere between a quarter and a half million dollars each guitar would have if it were owned by you or me. Who knows what a well-heeled Zeppelin fan might be willing to pay to play a classic Page riff on one of these guitars? No doubt it will be something that one of Jimmy's heirs will get to find out.
Pictured at the beginning of this post if Page playing his Gibson SG twelve/six string double neck guitar, both fitted with two humbuckers. The guitar Jimmy played on stage every time Led Zeppelin played "Stairway to Heaven." The link to that particular song could quite possibly push this guitar into seven figure territory as well.
#6 "Duane Allman's 1958 Dark Burst Les Paul"
The Allman Brothers Band had a fuller sound than most bands of their era, something they achieved by having two drummers and two lead guitarists. The twin guitar leads of Dickie Betts and Duane Allman provide the band its identity, especially live. Duane Allman is credited with introducing a style of single-note electric slide guitar playing, and the tone he achieved with that was due, in part, to the fat humbucker pick-up sound of his two vintage Les Pauls.
Initially Allman played a late 50s "Cherry Sunburst" model, one with a bright red color around the edges that turned to a yellow gold in the center. But in early 1971 he bought a second Les Paul, a 1958 Les Paul, with an exaggerated tiger stripe sunburst pattern and a dark brown tobacco sunburst finish sometimes referred to as a "dark burst" by collectors. The guitar had been owned by singer Christopher Cross, and was found for Duane by Billy Gibbons of Z Z Top. This was the guitar on the At Fillmore East and Eat A Peach albums. The guitar is currently on display at the Rock and Roll Hall Of Fame.
#7 "Pearly Gates"
Billy Gibbons' 1959 Les Paul ,"Pearly Gates," is the source of the Rev's heavenly sound. As a young musician weaned on blues and rock in southern Texas, Billy Gibbons' life was forever altered when he heard the sound of Eric Clapton's Les Paul and Marshall combination on the John Mayall and the Bluesbreakers album. Like a crusader in search of Holy Jerusalem, Gibbons set out eagerly on a quest for his first Les Paul. After stumbling across a few choice finds in the course of his search, including an original '58 Flying V, Gibbons finally found the guitar of his dreams several years later. Nicknamed "Pearly Gates" this '59 Les Pau fell in to Gibbons' hands through a series of strange circumstances and coincidences.
"In the early days of ZZ Top, we acquired an old thirties model Packard automobile," explains Gibbons. "That automobile served us well. It was huge, flashy and lowered, but not intentionally - it was just, plain old. Not long after we got the Packard, one of our girl friends decided to head to California to try out for a part in a movie. We gave her the Packard as a way to get there. Not only did she arrive, but she got the part. We named the automobile "Pearly Gates" because we thought it must have had divine connections."
According to Gibbons, the girlfriend sold the car to a collector and sent the money back to the band. Her timing couldn't have been better. "The very day that the money arrived a guy called me up wanting to sell an old guitar," says Gibbons. "It was a '59 Sunburst Les Paul. I bought the guitar and called the girlfriend to thank her for being so kind. She said, 'it looks like the car went for a good cause. Since the money that put the guitar in our lap came from selling the Packard, we'll lay claim to the name Pearly Gates. Now you can go make divine music.' Try as I may I haven't been able to find another guitar that sounds as heavenly."
Gibbons has played this brilliant burst on every ZZ Top album since their first, and its thick, sweet tones have confounded a bevy of guitar builders who have tried in vain to imitate its voice. The '59 Gibson Les Paul may be the one of the most desirable electric guitars, but Billy Gibbons 59 may be the most coveted Burst of all. [taken from Guitar World May 1997]
In the case of Gibbons we have a guitarist who lacks the top shelf heavy weight status of Clapton, Page or Hendrix, but who may have a guitar that alone has a value pushing $750,000.
#8 "The Mother of All Bursts..."
The photo is of Dan Erlewine in 1966 playing the 1959 Cherry Sunburst Les Paul that he sold to Michael Bloomfield. George Gruhn, the foremost authority on vintage instruments in the United States credits Bloomfield with single-handedly starting the market for collectable solid-body electric guitars. In the Paul Butterfield Blues Band Bloomfield played a Fender Telecaster and that guitar began to rise in popularity. Later he switched to an early 1950s gold top Les Paul and that guitar, which had been very unpopular with rock players, suddenly became sought and prices rose. When Bloomfield left the Butterfield Band to start The Electric Flag he acquired his '59 sunburst and I believe all of the sunbursts pictured above were originally bought by those players because of Bloomfield's influence.
Mike Bloomfield was, along with Jimi Hendrix, the finest blues-based rock guitarist of his generation. The guitar above can be heard in a perfect setting on "Albert's Shuffle" from the Mike Bloomfield/Al Kooper/Steve Stills Supersession album (and pictured on the cover) and can be seen in action with The Electric Flag at Monterey Pop here (though you may find yourself screaming at the screen "Show me the guitar! The guitar!!! before it can be seen clearly at the very end).
Bloomfield's guitar is owned privately by a collector and little is really known about how it was acquired. It would be very interesting to see what might happen if it were ever auctioned. I hope that Michael's guitar would be seen for the historically important instrument that it is.
#9 "Van Halen's Frankenstein"
Sometime in the late 1970s Eddie Van Halen got an idea for a guitar that sounded like a Gibson but played like a Fender. For $50 he bought a body from a pile of Charvel "seconds" and bought a neck for $80. He stuck a humbucking pickup in the bridge position and painted the body white with black stripes. Sometime later he took that body and repainted it red with black and white stripes (creating confusion among his fans that Eddie had two guitars when he really just had the one). Like many of the other guitars pictured above ("Blackie" "Lenny" "Old Black") Van Halen's "Frankenstein" has been reissued in a limited run of guitars that copy every part, every scratch and every cigarette burn (and sell for $25,000). The only guitar in this list that is from the next generation of guitarists, I'm sure Eddie's original guitar would sell in the mid-five figures; how much higher beyond that would be very interesting to watch.
#10 "Sir Paul's 1964 Höfner Beatle Bass"
The least expensive instrument on this list is also, hands-down, the most valuable; I should run that by Alanis Morissette and find out if it's ironic.
You might think that any list of the most valuable rock-era guitars would have a significant number of Beatles instruments on it, but it won't. Why that's not true gets back to the equation that adds up to the values of the instruments above. Both George Harrison and John Lennon played various guitars throughout their career with The Beatles, but if you think about that amazing body of work, there really are no specific guitars that dominate, or are even associated with particular songs.
The last live Beatles performance was the "Rooftop Concert" featured at the end of their film, Let It Be. During the Let It Be sessions and on the roof Harrison plays a Fender Telecaster custom-made with a solid rosewood body. From a collector's perspective one could argued that this guitar stands out in particular from all the guitars associated with George and John. The guitar was first offered for sale in a London auction in 1999 but failed to meet the $300,000 reserve price. The guitar was finally sold in September 2003 during an Odyssey Auction, live online on eBay, $370,000 (the total topped $434,750 when the 17.5% buyers premium was included), but that is still roughly less than half the value of all the guitars described above.
While George and John were fine guitarists, The Beatles were never known as a "guitar band" and whatever magic we suspect might live on in Beatle objects, those objects do not appear to be guitars.
With one very notable exception.
Unable to afford a Fender electric bass guitar, Paul McCartney selected a German-made Höfner "violin" bass, a left-handed 1961 model. As a left-handed guitarist he was initially attracted to the symmetry of the body design. In 1964 he received a new model (the 1961 bass was later stolen during the Let It Be recordings) and that 1964 Höfner electric bass guitar (with the set list for the Ed Sullivan Show still scotch-taped to the side) is the one instrument unquestionably infused with some major Beatles' mojo. When I think of the single most valuable and historically important instrument of the rock era, it is this one that always tops that list. I can't imagine the bass will ever come up for sale, there's no reason to believe it would ever leave the McCartney family, so it's actual value will never really be known which is probably more appropriate than anything else because that renders it priceless.
There are some other guitars that are possible additions to this list. Bruce Springsteen's Fender Telecaster/Esquire pictured on the cover of his Born To Run album comes to mind, as do the vintage Telecasters played by Keith Richards. These offer the same odd sense of rendering one's past somehow physical, material, capable of being tuched, held in your hands. There is something of that in every kind of collecting I suspect.
* In 2006 a Stratocaster signed by numerous celebrities including Eric Clapton was sold for over $2 and a half million dollars in a charity auction that raised funds for tsunami relief. That guitar represents a generous donation to a worthy cause but the instrument itself is of little value. It is akin to receiving a $15 DVD for pledging $250 to your public television station.
** The most valuable electric guitar would be the 1958 Gibson "Moderne" should one actually be found to exist. Designed by Gibson in a series of three "futuristic" guitars - the Flying V, Explorer and Moderne - most experts do not believe the guitar was ever actually produced, others believe it's possible that a small number of prototypes were built and are still out there, somewhere. Drawings for the guitar were found, and it is those that were used for the "reissue" built by Gibson in 1983. The original Moderne, should it exist, is the Maltese Falcon of electric guitars.