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How much will the burnt Jimi Hendrix guitar auction for on Sept 4th?

Settled as Auctions for $500,001 to 750,000

Guitar sold for much less than expected.

http://www.bloomberg.com/apps/news?pid=20601088&sid=aSGpZEuNVbW4&refer=muse

Background:

LONDON (Reuters) - One of Jimi Hendrix's favorite guitars, set alight on a London stage more than 40 years ago and thought to have been lost forever, is to be auctioned later this year.
The guitar, a 1965 Fender Stratocaster, was famously doused with lighter fuel and set alight by the rock legend during a one-off performance at London's Finsbury Astoria in March 1967.
The guitar is among a range of rock memorabilia to be auctioned by the Fame Bureau in London on September 4th. It has an estimate of 500,000 pounds ($999,000).

http://news.yahoo.com/s/nm/20080716/people_nm/hendrix_guitar_dc_1


Due to the auction being pounds at time of sale on ebay the admin will convert via the conversion rate lifted from Google which get's their conversion rate from CitiBank
 
Forecast history, %
   Zoom in

Settled

Auctions for less than $500,000
1%
Auctions for $500,001 to 750,000
4%
Auctions for $750,001 to 1,000,000
11%
Auctions for $1,000,001 to 1,250,000
25%
Auctions for $1,250,001 to 1,500,000
28%
Auctions for 1,500,001 or more
16%
Anything other than the above
17%
Activity: H$10,248
Settled as Auctions for $500,001 to 750,000 on Fri 5th Sep 5am PDT
All questions are settled by Hubdub according to settlement info provided by the question creator.

Settlement details: As reported by a major mainstream news source.

Suspend date: Thu 4th Sep 12:59am PDT

Settlement date: Fri 5th Sep 5am PDT

Prediction cut-off: Predictions on this question after Thu 4th Sep 12:59am PDT have been voided because they were made after the question could be settled

Initial likelihoods: Auctions for less than $500,000: 5%, Auctions for $500,001 to 750,000: 10%, Auctions for $750,001 to 1,000,000: 20%, Auctions for $1,000,001 to 1,250,000: 25%, Auctions for $1,250,001 to 1,500,000: 20%, Auctions for 1,500,001 or more: 15%, Anything other than the above: 5%

Action history:

Created Wed 16th Jul 7:10pm PDT by mrperfkt[Admin]
Suspended Thu 4th Sep 12:59am PDT : Suspend date reached
All questions are settled by Hubdub according to settlement info provided by the question creator.

Settlement details: As reported by a major mainstream news source.... read all

 

Predictions (66)

66 predictions

5 weeks ago
thegodfather predicted Anything other than the above (H$500 at 12%)
5 weeks ago
techrecruiter2010 predicted Auctions for $750,001 to 1,000,000 (H$100 at 11%)
5 weeks ago
deelilley predicted Auctions for $1,250,001 to 1,500,000 (H$50 at 31%)
5 weeks ago
deelilley predicted Auctions for 1,500,001 or more (H$100 at 17%)
5 weeks ago
goat predicted Auctions for $750,001 to 1,000,000 (H$20 at 10%)
more

Comments (2)

The category editor has clarified the settlement details today for this question:

"The Auction company uses a buyers commission fee which will be counted on top of the sold price"
posted 5 weeks ago
Dang I missed this one! Great question.
posted 5 weeks ago

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