Bob Dylan's 'Concert for Bangladesh' guitar sold for $400k!

Nearly $400,000 was the price paid by an auction bidder for a guitar that Bob Dylan played at two famed music events in the 1970s, reprots Star Tribune.

The legendary Dylan reportedly played the 1963 Martin D-28 acoustic guitar at George Harrison’s Concert for Bangladesh in 1971 and also during his star-studded Rolling Thunder Revue tour in 1975-76.

An anonymous buyer landed the instrument for $396,500 during the Dallas-based Heritage Auctions offering on Saturday, much higher than the $300,000 anticipated by the auction house, according to Star Tribune.

It said the guitar and its case were sold by Larry Cragg, who was Dylan’s guitar repairman. The original 1977 purchase receipt came with the guitar and shows that Cragg paid Dylan $500 for the instrument, the report added.

Cragg was quoted by the Associate Press as saying that Dylan’s guitar is so famous that “it’s kind of past being a guitar now. It’s the kind of thing that you’d think that people would put in a glass case or in a museum somewhere.”