Harry Styles-Signed Guitar Sells for $19,200 Right Before the Grammy Awards
2 min
A Harry Styles-signed electric guitar sold for US$19,200 on Sunday in Los Angeles, hours before his surprise album of the year win at the Grammy Awards.
The 2022 black Fender Player Series Stratocaster electric guitar was inscribed by Styles with the words “Always love” beside a doodle of heart in a gold marker. Styles’ album Harry’s House defeated Beyoncé’s Renaissance and eight other nominees to win the album of the year at music’s most prestigious awards show on Sunday night.
The guitar was valued between US$2,000 and US$4,000, prior to the auction.
The instrument was among 50 items owned or signed by the music’s biggest stars that were auctioned by Julien’s Auctions over the weekend to raise funds for MusiCares, which supports the health and welfare of members of the music community.
The auction house, which was expecting to raise between US$200,000 and US$400,000 from this sale, said the sale realised more than US$500,000. Many items sold multiple times their pre-sale estimates.
“This year’s edition was one of our best and most successful auctions to date,” according to Martin Nolan, executive director of Julien’s Auctions.
The top-selling lot was a pair of white Nike Air Max sneakers owned, worn, and signed by Eminem, which sold for US$40,625, which was 20 times its presale estimate. The sneakers were sold to Margaritavillain, an anonymous rapper who’s often compared to Banksy of the contemporary art world. His fans raised money through a GoFundMe page to help him successfully bid and win the shoes, according to Julien’s.
An ensemble worn by J-Hope of South Korean boy band BTS, including a black utility-style jumpsuit, a buckle belt, a black cotton T-shirt, and a black ribbed bunny ear beanie, attracted 22 bids and sold for US$21,875, more than 10 times its original estimate of US$2,000.
Additionally, a 2020 Epiphone DR-100EB acoustic guitar signed by Taylor Swift fetched US$25,000, five times its original estimate. The guitar features custom graphics from Swift’s Grammy-nominated album evenmore.
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Australian shares fell on Thursday as Wall Street weakness, rising oil and persistent rate concerns weighed on most of the market. The S&P/ASX 200 declined 0.72 per cent to 8,702. The All Ordinaries lost 0.66 per cent to finish at 8,897. Mining stocks were hit particularly hard, while real estate also dragged on the index. …
Continue reading “ASX falls 0.7 per cent as miners and property stocks retreat”
2 minAustralian shares fell on Thursday as Wall Street weakness, rising oil and persistent rate concerns weighed on most of the market.
The S&P/ASX 200 declined 0.72 per cent to 8,702. The All Ordinaries lost 0.66 per cent to finish at 8,897. Mining stocks were hit particularly hard, while real estate also dragged on the index.
Energy was the notable exception, gaining more than one per cent as Brent crude traded above US$103 a barrel. Oil had moved higher amid uncertainty surrounding potential US diesel-export restrictions and broader geopolitical supply risks. The move supported energy producers but renewed concern about inflation inputs across transport and the wider economy.
Gold shares were weak even as spot bullion remained historically elevated. The All Ordinaries Gold index fell about 2.25 per cent, showing that equity performance can diverge from the commodity because of valuation, currency, operating and company-specific factors.
Zip was a prominent loser, falling 11.38 per cent after the company reported short sales after the previous close. Nine Entertainment also weakened after UBS analysts warned of near-term revenue challenges associated with its advertising-supported subscription tier.
Premier Investments led larger winners despite caution about the retail environment. Breville, in which Premier owns a significant stake, also appeared among leading movers. In the broader ASX 300 screen, Myer gained 11.43 per cent and MAAS Group rose 7.93 per cent, while Lotus Resources fell 10.53 per cent. These percentage moves should be checked against company announcements and trading liquidity before attributing causes.
The Australian dollar was broadly flat at US70.38 cents. Spot gold was around US$4,280 an ounce, Brent crude approximately US$103.08 a barrel and iron ore near US$96.90 a tonne late in the session.
The rate outlook remains the central domestic catalyst. Labour-market weakness has not eliminated the possibility of an RBA increase next week, leaving banks, listed property and other rate-sensitive sectors exposed to changing expectations.
Market dashboard
S&P/ASX 200: 8,702, down 0.72 per cent.
All Ordinaries: 8,897, down 0.66 per cent.
Best sector: Energy, up more than one per cent.
Weakest areas: Real estate and materials were the major drags; confirm final sector percentages before publication.
Material winner: Premier Investments led the large-company gainers. Confirm its final closing move from the ASX before publication.
Material loser: Zip, down 11.38 per cent.
ASX 300 percentage leader: Myer, up 11.43 per cent.
ASX 300 percentage laggard: Zip, down 11.38 per cent.
AUD/USD: Approximately US$0.7038, broadly flat.
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