“I just said, ‘Sell all the assets…’ not really thinking that this instrument would accrue so much in value”: Facing mounting debts, Nick Beggs sold off the bass he used on Kajagoogoo’s Too Shy – 40 years later his fans helped him buy it back

Nick Beggs performs with Howard Jones at The O2 Arena on March 24, 2024 in London, England.

Steven Wilson bassist Nick Beggs has been reunited with his long-lost bass guitar, 40 years after he was forced to sell it, and it's come at a high price.

Beggs, a prolific player in the prog scene, began his music career with British synth-pop outfit Kajagoogoo. Early single Too Shy dominated the airwaves in 1983, but what looked like a rosy future for the band soon grew darker.