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Guitar World
Guitar World
Entertainment
Jackson Maxwell

The Jim Irsay Collection sale live: David Gilmour's Black Strat sells for record-shattering $14.5 million in the biggest guitar auction in history

David Gilmour performs onstage with Pink Floyd in Hyde Park, London on July 2, 2005.

During his lifetime, the late Indianapolis Colts owner and CEO Jim Irsay used his considerable wealth to amass the most valuable private guitar collection in the world.

Three of the 10 most expensive guitars ever sold at auction – including Kurt Cobain’s Smells Like Teen Spirit Mustang and David Gilmour’s Black Fender Stratocaster, numbers 2 and 3 on that respective list – belonged to Irsay, and the value of his whole collection has been estimated at a billion dollars.

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