Jimi Hendrix's Rare 1960s Electric Guitar Headed to Auction With $50K Minimum Bid

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A rare electric guitar once owned by Jimi Hendrix is headed to auction next month with a boffo opening bid of $50,000. According to TMZ, Hendrix allegedly played on the early 1960s Japanese Sunburst electric guitar after returning home from the U.S. Army in 1962 and moving to Clarksville, Tennessee. Jimi played the famed "Chitlin Circuit" there alongside the likes of Tina Turner and Sam Cooke. Hendrix reportedly left the axe behind at a friend's New York City apartment when he moved to London in 1966. Jimi's brother Leon has said about that period of Hendrix's life, "That was the last time that Jimi sounded happy. I remember Jimi calling me from New York saying he so broke he can't even pay attention. He pawned his guitar and his friends got him one." Kruse GWS Auctions will be selling off the instrument on August 8 alongside a treasure trove of showbiz memorabilia, including a pair of custom purple boots worn by Prince, a pair of Elvis Presley's sunglasses, Tom Hanks' Cast Away costumes, and Muhammad Ali's "World Champion" robe.