Bob Dylan’s historic 1963 Martin acoustic guitar debuts at Heritage Auctions Nov. 11, 2017

Bob Dylan’s Owned and Stage-Played 1963 Martin D-28 Acoustic Guitar — played for more than a decade and during his entire set at George Harrison’s 1971 Concert for Bangladesh — sold for $396,500 at Heritage Auctions’ Entertainment and Music memorabilia auction in Dallas on Nov. 11, 2017.

The musical legend played the instrument through the late ’60s and into the early ’70s. It was his preferred instrument at Harrison’s historic 1971 event in Bangladesh during a musical set that also included legends like Harrison, Eric Clapton, Leon Russell and Ringo Starr and in Dylan’s Rolling Thunder Review tour from October 1975 through May 1976.

“The historic significance of this guitar makes it anything but surprising that it realized such a strong result,” Heritage Auctions Entertainment & Music Memorabilia Director Garry Shrum said. “The fact that it was owned and played by such an iconic musician and played on the same stage with a ‘Who’s Who’ of musicians makes this a must-have instrument for any serious music collector, and it showed in the final result.”

“It was one of his favorite instruments,” said Larry Cragg, the seller and Dylan’s longtime guitar technician who nicknamed the guitar “Bob” in honor of its famous owner. “It’s been a pleasure owning this incredible piece of music history, but the time is right for it to find a new owner who will appreciate it as much as Bob and I did.”

Since purchasing the guitar directly from Dylan, Cragg stored the guitar, with its strings loosened, in a humidity-controlled environment. To this day, Dylan was the last musician to have played the guitar since 1977.

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