When the guitar Kurt Cobain played in Nirvana's "Smells Like Teen Spirit" music video went up for auction, its estimated value was between $600,000-$800,000. But the final price far exceeded those estimates. Indianapolis Colts owner Jim Irsay ended up buying the left-handed Fender Mustang for a whopping $4,500,000. "I am thrilled to preserve and protect … Kurt Cobain's 'Smells Like Teen Spirit' Guitar Sells For $4.5 Million at Auction
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