Kurt Cobain's Smells Like Teen Spirit 1969 Competition Fender Mustang guitar sells for $4.5 million at auction
The 1969 Competition Lake Placid Blue Mustang that Kurt Cobain used in Nirvana's iconic Smells Like Teen Spirit video has sold for $4. 5 million at auction. Making it the most valuable electric guitar, and second most valuable guitar overall, ever sold at auction after Cobain's 1959 Martin D-18E used during Nirvana's MTV Unplugged performance reached $6 million in 2020. The Julien's Auctions Music Icons sale at the Hard Rock Cafe in New York had started with a bid of $150,000 and six bids later had hit the $2 million mark.