A sunburst Fender Stratocaster electric guitar once owned by American singer-songwriter Bob Dylan has sold for a record-breaking $1.06 million.
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| Bob Dylan performs with his Fender electric guitar at the 1965 Newport Folk Festival in Rhode Island. |
The 1964 Fender Stratocaster was sold at an auction in New York for twice its estimated value.
The price for the guitar smashed its pre-sale estimate of between $330,000 and $550,000, according to Christie's auction house.
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| Fender Stratocaster guitar |
The identity of the buyer has not been revealed.
The guitar was used by Dylan, 72, at the Newport Folk Festival in Rhode Island on July 25, 1965.
His three-song electric set at the festival saw the then 24-year-old evolve from folk-protest singer into an enigmatic rock legend.
The set was described by Rolling Stone magazine as one of the most notable events in music history.--Source: ABC/AFP