JIMI HENDRIX Guitar Sold For $117,000

A Jimi Hendrix guitar sold for hundreds of thousands of pounds at an auction of rock memorabilia in London, according to News.com.au.

A spokeswoman for promoter Magnum Communications said that a Fender Stratocaster guitar owned by Jimi Hendrix went for £60,000 (approximately $117,000).

It was one of 160 lots sold at the It's More Than Rock 'n' Roll auction at the Sound venue in London's Leicester Square, fetching a total of £860,000.

The spokeswoman said a percentage of the profits would go to the Cancer Research U.K. charity.

About 150 people attended the auction, including members of bands THE CLASH and THIN LIZZY.

Others placed bids over the telephone or online.

"There were a few private investors over the phone from the United States, but most of these items stayed in the hands of people from the industry," the spokeswoman said.

Read more at www.news.com.au.

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