Johnny Cash auction brings top dollar

Sept. 15, 2004 at 5:20 PM   |   0 comments

NEW YORK, Sept. 15 (UPI) -- Collectors are paying as much as 10 times the estimated value of scores of items belonging to the late Johnny Cash at Sotheby's auctions in New York.

Sotheby's Auction Gallery on the upper East Side is running a series of six sales, which began Tuesday and continue through Thursday, auctioning guitars, song lyrics, guns and other items owned by the legendary entertainert, the New York Daily News reported Wednesday.

Nearly every item auctioned Tuesday brought more than its estimated value, primarily because of Cash's popularity.

A signed yellow poster from a 1959 concert was estimated to sell for $1,500-$2,500, but brought $21,000, and a Gene Autry Melody Ranch guitar, estimated to bring $600-$800, fetched $6,500.

An abalone-inlaid acoustic guitar made during the 1960s for the musician sold for $131,200 to Sharon Graves, a Cash collector from Grand Island, Neb.

Cash passed away last September, just a few months after his wife, June Carter Cash, died.

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