News Formal

Buying a Share of a Collectible Guitar? In This Market, You May Get Shredded.

  • 📰 WSJ
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Heard on the Street: Guitar companies like Gibson are selling shares in rare instruments, giving rock enthusiasts a way to combine business and pleasure

This month, American guitar maker Gibson said it would use Rally, a site specializing in collectibles, to issue shares in prototype instruments designed in collaboration with famous

players. Ownership of an EDS-1275 doubleneck model approved by Slash, of the band Guns N’ Roses, was chopped into 13,000 parts and sold for $5 apiece to 562 investors in just two hours.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Should put the proof of ownership on a block chain, with a cool nifty of the instrument limited to number of shares issued in the guitar.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Avance Investment Management co-founder on growing Latino buying powerCNBC's 'SQuawk Box' discusses the new American economy and growing Latino buying power with David Perez, Avance Investment Management co-founder and partner. SquawkCNBC nice
Source: CNBC - 🏆 12. / 72 Read more »