Les Paul Black Beauty Sold

As mentioned in previous posts here and here, there was quite a range of opinion on how much this guitar would sell at auction. And looking at the news feeds above, even the media can’t seem to decide. Somewhere between $250,000 and $350,000USD. Much less than the forecast of $2 million.

Jim Irsay bought the guitar. Irsay is the owner and CEO of the Indianapolis Colts. He has a guitar curator, Christopher McKinney, to manage his collection of roughly 175 guitars. That collection also includes Jerry Garcia’s Tiger. Irsay paid $957,000 for that guitar.

Jim Irsay’s net worth is about $1.75 billion. He also holds guitars that were previously owned by George Harrison and Elvis Presley.