Posted on by Walter Bryant

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There’s been a trend of expensive guitars making headlines lately. From the Gibson “Black Beauty” purchased by Indianapolis Colts owner Jim Irsay, to the $2 million diamond encrusted Gibson SG put together by Coronet and Gibson Guitars. Now, a 1964 Fender Stratocaster once owned by the legendary Jimi Hendrix, is projected to sell for a hefty $750,000. The guitar was in the possession of Jimi’s brother, Leon. However, due to health concerns, Leon has decided to let the guitar go. Now the probable $750k selling price will get you the original case that Hendrix toured with at the time of his hits Hey Joe, Purple Haze, and The Wind Cries Mary. That price tag seems even heavier when you consider the fact that Mr. Hendrix only paid $370 for it back in the day. Factor in inflation and the legacy of one of the most influential guitarists of all time, and that figure begins to make a little sense. Either way, we’re going to sit back and see if Jim Irsay snags this one too, we won’t be surprised if he does.