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Jimi Hendrix's Burned Monterey Guitar Sells For $400,000

The infamous Fender Stratocaster that Jimi Hendrix set on fire at the Monterey International Pop Festival in 1967 was sold for $400,000 at an auction in London.

The guitar was sold by James Wright, a manager at Hendrix's label. In an interview with The Metro, Wright said that Hendrix set the guitar on fire to  one up Pete Townsehend of The Who. [NMEComplex]

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