Neal Schon guitar collection brings in over $ 4.2 million at auction

Several guitars got six figures

Last weekend at Heritage Auctions, more than 90 instruments from the historic guitar collection of Journey founder Neal Schon sold for over $ 4.2 million. These include a 1959 Gibson Les Paul Standard Sunburst for $ 350,000, while another of the arena rock gods favorite six-string Ferraris made $ 300,000. These two guitars are now the most expensive vintage instruments sold in Heritage Auctions history, with seven of Schon’s guitars making the top 20 in the auction house’s Hall of Fame.

Nearly 500 bidders from around the world, by phone, online and onsite at Heritage’s global headquarters, participated in the auction. Among them was an NFL owner who added one of Schon’s most famous instruments to his own world-famous collection. Schon’s black Gibson Les Paul from 1977, played on the 1981 charts, certified diamond Escape, was acquired at auction by the Jim Irsay Collection.

Journey’s founder and songwriter used Les Paul on “Don’t Stop Believin,” one of the most played, covered, downloaded and streamed songs in history, long before its inclusion in the Sopranos finale. in June 2007. Irsay’s Latest Rock The “and-roll” acquisition was made just two weeks after the owner and CEO of the Indianapolis Colts purchased Elton’s longtime touring Steinway from Heritage Auctions. John.

Irsay says he wanted to include Schon’s Pauls in his acclaimed collection of historical and culturally significant artifacts gathered over several decades. Items in this collection include President Abraham Lincoln’s cane, a 1953 Jackie Robinson bat (the year the Colts were founded) and instruments used by Bob Dylan, The Beatles, Prince, Jim Morrison and David Gilmour of Pink Floyd.

“Rock music is a uniquely American art form, and the instruments and artefacts that have created its rich history must be protected and preserved,” says Irsay, who regularly visits his artefacts and hopes to one day open a museum in which to display them. . “I look forward to sharing this piece and others in the collection in the hope that they can educate and inspire others to do great and meaningful things. “

Ten of Schon’s guitars, including the Escape Les Paul, sold six figures, including a 1959 Gibson ES-335 Natural Semi-Hollow Body that sold for $ 137,500, a Gibson Les Paul Goldtop Solid Body 1957 which made $ 131,250 and a 1958 Gibson Les Paul Standard Goldtop Solid Body which grossed $ 125,000.

“The vintage market remains strong,” says Aaron Piscopo, director of vintage guitars and musical instruments at Heritage Auctions. “Neal has covered just about every aspect of the electric guitar collection, and the condition of these rare instruments is nothing short of extraordinary. The variety of finishes, vintages and details within his collection was breathtaking. As a result, we had many new bidders, as this collection has caught the attention of some of the world’s most prestigious collectors. I’m sure they’re grateful that Neal made them available, and working with him and his collection has been an honor and a pleasure.

Heritage Auctions is the largest art and collectibles auction house founded in the United States, and the largest collectors’ auctioneer in the world. Heritage has offices in New York, Dallas, Beverly Hills, San Francisco, Chicago, Palm Beach, London, Paris, Geneva, Amsterdam and Hong Kong.

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