Reuters is reporting that Jimi Hendrix's 1966 Red Fender Mustang guitar fetched $400,000 at an auction Saturday (April 21) to benefit musicians who lost everything in Hurricane Katrina.The auction at New York's Hard Rock Cafe by Julien's Auctions raised $2,436,900, including a 20 percent buyer's fee, for Music Rising, a charity set up by U2 guitarist The Edge and other musicians after the 2005 Gulf Coast hurricane. It marked the first time such a wide selection of U2 memorabilia was available to collectors, organizers said. Read more at www.reuters.com.
To comment on a BLABBERMOUTH.NET story or review, you must be logged in to an active personal account on Facebook. Once you're logged in, you will be able to comment. User comments or postings do not reflect the viewpoint of BLABBERMOUTH.NET and BLABBERMOUTH.NET does not endorse, or guarantee the accuracy of, any user comment. BLABBERMOUTH.NET reserves the right to delete postings that may be considered offensive, illegal or inappropriate and to block users that violate the site's Terms Of Service. To report any abusive, obscene, defamatory, racist, homophobic or threatening comments, or anything that may violate any applicable laws, please send an e-mail to blabbermouthinbox(@)gmail.com with pertinent details.