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The Epiphone Les Paul that Noel Gallagher used to track Oasis’ 1994 debut album, Definitely Maybe, has been sold at auction for £132,000 (approximately $173,500), making it one of the most expensive cheap electric guitars of all time.
Well, maybe not cheap, but the Epiphone equivalent of the classic Gibson single-cut electric guitar was certainly affordable at the time, and a similar model would set you back some 500 bucks today on the used market.
It’s some way short of the $4.5 million that über collector Jim Irsay paid for Kurt Cobain’s “Smells Like Teen Spirit” Fender Mustang – a similarly affordable ‘student guitar’ upon its release – but it is nonetheless a six-figure Epiphone Les Paul, and that is quite something.
Maybe it’s down to Oasis reunion fever – heck, at that price, only Tickemaster could afford it. Definitely it’s down to cultural significance, and the cachet that comes with owning a guitar that was on Gallagher’s regular rotation as the Manchester band blew up and scored a home run for Alan McGee’s Creation Records.
The auction, hosted by Sotheby’s, also witnessed the sale of another Gallagher Epiphone. His hollowbodied EA-250, as pictured on the cover of the band’s debut single, Supersonic, went for £48,000 (approximately $63,077).
This is more in line with what you might expect from an artist-owned vintage instrument dated to the early to mid ‘70s. You don’t see so many of these around.
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Neither are there many electric guitars previously owned by Gallagher and Johnny Marr floating around on the market, so it was little surprise that the Oasis man’s Gibson Flying V fetched £36,000 (approximately $47,291).
What is more surprising is that Gallagher and Marr owned it in the first place; they’re not the first guitarists we would associate with the Flying V. This 1980 example is more Michael Schenker than Shakermaker.
All three Gallagher-owned guitars smashed their estimated value. In other Oasis news, frontman Liam Gallagher has said that the band has already recorded a new album. Was he being serious? Time will tell.
In the meantime, anyone who wants a Gallagher guitar but does not have Sotheby’s money can always get themselves his Epiphone Riviera, which is a superlative signature guitar reproduction of his original.