Updated on
Summary
Rock legend Jimi Hendrix's first recording contract worth $1 and romantic audio and video tapes sent by Madonna to her old bodyguard have went on sale in an online auction in NewYork. Other artists and prominent figures featured among the more than 450 items offered in the rock 'n' roll and pop art auction on www.gottahaverockandroll.com include John Lennon, Elvis Presley, Bob Dylan, Bruce Springsteen, the Rolling Stones and Eminem. The auction will run through August 5. Hendrix's earliest known contract for $1 dated October 15, 1965, could fetch up to $250,000, auctioneers said. It was signed by Hendrix and music producers PPX Enterprises of New York for Hendrix to play and sing exclusively for three years. The contract -- on which Hendrix's first name is spelled Jimmy -- also granted him 1 percent of the retail sales from his recordings.
