A vintage fender guitar owned by legendary Nigerian musician, King Sunny Adé, was on Sunday auctioned at N52.1 million in Lagos.

The guitar which was auctiond by Dr. Jogun Onabanjo, Certified Auctioneer and Chief Executive of Onabanjo and Onabanjo & Co, is known to have been designed by Nigerian artist Victor Ehikamenor.

The glittering artistic piece was revealed at the King Sunny Ade‘s  70th birthday concert tagged Sunny on Sunday, which had an audience comprising of Nigeria’s richest and top celebrities.


king Sunny Ade
The starting bid of nine million Naira was followed by a very competitive bid by the well-heeled audience consisting of influential businessmen such as Alhaji Aliko Dangote and Mr. Femi Otedola, and more closing at N52.1 million.

While the bid was in progress, the asking price for the guitar doubled to N17m under two minutes before exceeding the N50m benchmark in 15 minutes.

The winner of the auction is yet to be revealed.

The concert held at the Temple Balmoral Marquee, Federal Palace Hotel, Victoria Island, Lagos.


http://www.vanguardngr.com/2016/12/king-sunny-ades-guitar-auctioned-n52m/

This kind thing cannot work for 9ja na.... No one will even pay 100K for it... Abi the guitar na ATM?

Wa u say!!! 52 mila.... ahaan why na
Sunny abi sani? no b for Mushin u buy d guitar

Iranu!!

That's an asset.


What's the value of the phone that some of you use to write nonsense here?

vizkiz:


I will buy that same guitar for less than 300k in a standard instrumental gadget store.
What was the investment you saw in this? You don chop?

We are talking about King Sunny Ade Guitar.. The man that won the auction with use it for art and get his money back

Proverbs 26:4

vizkiz:


I will buy that same guitar for less than 300k in a standard instrumental gadget store.
What was the investment you saw in this? You don chop?