May 3, 2002, Newsletter Issue #18: Hendrix Jacket Sold

Tip of the Week

September 2000. A psychedelic jacket that belonged to the late rock music legend Jimi Hendrix has sold for £35,000 ($49,200) at an auction in London. The jacket was expected to fetch only around £20,000 at the sale of rock memorabilia, held a day after fans marked the 30th anniversary of the guitarist“s death at the age of 27. It was bought at Sotheby“s auction house by the theme restaurant chain Hard Rock Cafe for its new outlet in Manchester, in the north west of England.

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