FIRST AIRED: November 8, 2017

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>> Before his glory days, Bruce Springsteen played this bass guitar. Now it's one of the many items up for grabs from Guernsey's Auction House in New York, along with a line up of other rare guitars, tapes, and records belonging to more rock and roll greats. I'm at a warehouse in New York City where what looks an unassuming collection of bags actually holds guitars belonging to some of the greatest musicians of all time.
Madonna, Tom Petty and Jimi Hendrix all played these guitars which will go under the hammer on December 2nd. This black Les Paul, the first guitar Madonna played live on stage estimated to go for 100,000 to $200,000 dollars and for this decal covered guitar played by Jimi Hendrix at a jam session in 1968.
The auction house is estimating, it'll go for 350 to $450,000.>> These items are amongst the hardest to come by, and let's face it, there are things out there, both in the world of music, in the world of sports, and in the world of all collectibles that aren't what they're supposed to be.
So we have to do a pretty thorough job to vet or confirm the facts and fortunately, we have a picture of Jimi playing that, that we doubted the consigner was a wonderful person giving the money away, but it makes it all the better with a photograph of Jimi.
>> Also on the auction block will be this Fender Stratocaster signed by Tom Petty and the Heartbreakers while jazz buffs will thrill at saxophones and handwritten music from jazz great Gerry Mulligan's collection. A recent auction by Guernsey's of Jerry Garcia's wolf guitar pulled in $1.9 million in May.
Guernsey is hoping for more success when the more than 120 guitars and other instruments are auctioned off in New York's Bohemian Hall next month