Slash guitar sets $307K record at Propstore music auction

By AI, Created 11:18 AM UTC, May 20, 2026, /AGP/ – Propstore says its London music memorabilia auction brought in $2.4 million, led by a Slash Gibson Les Paul that sold for a record $307,692. The sale also set new highs for George Michael memorabilia and highlighted continued collector demand for Queen, Lennon, Bowie and other music artifacts.

Why it matters: - The auction underscores strong demand for one-of-a-kind music memorabilia tied to major artists. - The Slash guitar became the most expensive Slash guitar ever sold at auction. - Propstore said the sale total of $2.4 million shows broad collector appetite across multiple artists and eras.

What happened: - Propstore held its London Music Memorabilia Live Auction on Thursday, April 30, 2026. - The auction included 327 rare instruments, handwritten lyrics, stage-used pieces and personal artifacts. - Slash’s photo-matched, tour stage-used and autographed Gibson Les Paul ’59 Custom Shop guitar sold for $307,692 including buyer’s premium. - George Michael’s photo-matched “Faith” music video and tour custom La Rocka leather jacket sold for $232,848 including buyer’s premium. - Peter Hince’s Queen collection brought in $462,000 including buyer’s premium. - Freddie Mercury’s Gold Shure 565 SD Microphone Award sold for $199,584 including buyer’s premium.

The details: - The Slash guitar sale set a new world record for Slash memorabilia, according to Propstore. - The George Michael jacket set a new auction record for a George Michael costume piece. - The George Michael jacket became the second-highest priced piece of George Michael memorabilia ever sold at auction. - The Peter Hince collection’s microphone award was the first of Freddie Mercury’s microphones with direct provenance to reach market. - John Lennon and Yoko Ono’s autograph and annotated Double Fantasy promotional poster sold for $99,792 including buyer’s premium. - Propstore is donating the full $18,018 buyer’s premium from the Ed Sheeran lot to the Ed Sheeran Foundation. - Ed Sheeran’s screen-matched and autographed jacket and worn ensemble pieces from the “Shape of You” video sold for $87,318 including buyer’s premium. - David Gilmour-autographed setlist from the A Momentary Lapse of Reason tour sold for $58,212 including buyer’s premium. - George Harrison handwritten “While My Guitar Gently Weeps” sheet music and an autographed Live in Japan book-proof page sold for $49,896 including buyer’s premium. - Michael Jackson’s 1987 Pepsi commercial fedora sold for $45,738 including buyer’s premium. - David Bowie’s Aladdin Sane concept cover vintage proof print sold for $45,738 including buyer’s premium. - Noel Gallagher’s Les Paul Custom 20th Anniversary guitar sold for $45,738 including buyer’s premium.

Between the lines: - The result suggests collectors continue to pay up for items with strong provenance, screen matching or direct artist connection. - Queen-related material remained especially strong, with the Peter Hince collection delivering one of the auction’s biggest totals. - High prices across many artists point to a market that is not just focused on one headline lot.

What’s next: - Propstore’s music memorabilia sales are likely to keep leaning on high-provenance items and artist-linked pieces. - The company continues to offer live and online auctions across entertainment and music collectibles. - Images from the auction are available through Propstore’s shared link.

The bottom line: - Slash’s guitar was the auction’s clear headline, but the broader sale showed deep demand across music history’s biggest names.