Rumor has it that the Epiphone acoustic guitar Jimi Hendrix used in his version of "All Along the Watchtower" will be sold to the public next month. According to NME, Hendrix originally purchased the guitar second-hand for around $24. Its auction price is now set at $190,981 -- which might be low-balling it a bit, considering that Hendrix's 1965 Fender Stratocaster, the one he lit on fire in London in 1967, sold in 2008 for nearly half a million dollars.
We'll see how the competition will drive that price up. NME says the auction will take place at Bonhams of London starting December 15. Start saving those pennies.