$ 334,000 for a dirty vest, cigarette holes included. This is the price sold on Saturday, October 26th, the legendary olive green wool vest by Kurt Cobain. A garment worn when the band Nirvana recorded his concert “Unplugged” in 1993. Available for $ 50,000, this equivalent of the Shroud for fans of the grunge hero sold much more expensive than expected, says the site actu.fr.
“Kurt created the grunge look, he never wore stage clothes,” said Darren Julien, CEO of Julien's Auctions. “This vest is the pinnacle of all the clothes he has ever worn”. This is the second time that the cardigan is put on sale. It was purchased 137,500 dollars in November 2015, already through Julien's Auctions, by Garrett Kletjian, owner of the Forty7 Motorsport racing team. The vest has never been washed and belongs to the Manhattan brand, since disappeared.
New fine arts market
The “Unplugged” performance, recorded by Nirvana for the MTV channel in 1993, is all the more memorable as it was performed less than six months before the singer's suicide, at the age of 27, and that the record was only sold after his death. A sign that rock is getting older, Kurt Cobain's relics are also increasingly sought after by investors, who have flocked to the 700 items offered by “Icons & Idols: Rock'N'Roll”, the organized sale in New York. The left-handed Fender Mustang guitar used by Kurt Cobain during the “In Utero” tour sold for $ 340,000.
⋙ © All Rights Reserved: Kurt Cobain's music stays “out of time”
“Rock'n'roll is the new fine art market,” says Darren Julien. “Generation Y starts to collect, and they do not collect Monet or Picasso”. The financiers of Wall Street are in his opinion the main buyers in this new genre, and “even the investment funds start to buy objects related to rock to diversify the wallet of their customers”.