- by Jason Gregory
- Wednesday, June 24, 2009
- Photo by: WENN.com
- filed in: Pop
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An auction of memorabilia belonging to the likes of The Beatles and Nirvana has raised thousands of dollars in New York.
A souvenir poster of The Beatles 'Sgt Pepper...' album was the most popular item, raising $52,500.
One of the late Kurt Cobain's bass guitars raised $43,750, while handwritten lyrics by Bob Dylan fetched $25,000.
More than 300 pieces of music memorabilia went under the hammer at Christie's, raising a total of $650,000.
But only around 70% of all items sold, as the auction industry continues to feel the effects of the tough economic climate.


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