Noel Gallagher’s owned and autographed Takamine acoustic guitar, played during Oasis’s 1996 MTV Unplugged performance, has sold for £226,800 ($299,376) and set a world record for the highest price achieved at auction for an Oasis acoustic guitar.
Propstore announced the result from the first day of its Music Live Auction, held in London yesterday, Thursday 1 October 2026. Across Day 1, rare instruments, handwritten lyrics, stage-used pieces and personal memorabilia achieved a combined £2.5 million ($3.2 million), including buyer’s premium. Day 2 continues today, Friday 2 October.
The day’s highest-selling lot was a notebook containing Freddie Mercury’s handwritten working lyrics and notes from the recording sessions for his debut solo album, Mr. Bad Guy. It sold for £277,200 ($365,904).
The notebook formed part of The Reinhold Mack Collection, an archive of handwritten lyrics, recording memorabilia and personal gifts documenting the producer’s close friendship and creative partnership with Mercury. The collection’s running total stands at £742,738 ($980,415) including buyer’s premium, with 43 lots sold on Day 1. A further 41 lots from the collection go under the hammer today.
Another standout was Michael Jackson’s photo-matched black-and-gold military-style jacket, worn at multiple public appearances during the Dangerous and HIStory eras. It matched the Oasis guitar at £226,800 ($299,376). Offered as part of The Omer Bhatti Collection, the jacket came directly from the Norwegian rapper and dancer, to whom Jackson gifted it.
The sale is the same Propstore Music Live Auction previewed last month, when more than 800 lots carried a combined estimate of around £3 million. Guitar highlights then included Noel Gallagher’s stage-played Nash Telemaster from his High Flying Birds’ 2016 summer tour, estimated at £40,000 to £80,000. Day 1’s record result instead came from the Takamine FP460SC tied to the 1996 MTV Unplugged set.
Mark Hochman, Propstore’s Music Specialist, said setting a world record with Noel Gallagher’s MTV Unplugged guitar was “a fantastic result for Propstore and a testament to the lasting connection fans have with Oasis.” He called Mercury’s notebook “an extraordinary glimpse into his songwriting,” and said the results showed how much collectors value pieces with a personal connection to the artists and their music.
Other notable Day 1 sales, all including buyer’s premium, were:
- John Lennon’s tinted prescription “Lost Weekend” glasses, £126,000 ($166,320)
- Musicland Studios’ Yamaha C3 grand piano, played by Freddie Mercury, Queen, The Rolling Stones, Elton John, Deep Purple and many other recording artists, £81,900 ($108,108), from The Reinhold Mack Collection
- Freddie Mercury’s screen-and-photo-matched stage-worn black wrap-around embellished top and flared trousers from the Sheer Heart Attack Tour, £75,600 ($99,792)
- Michael Jackson’s photo-matched Sailors varsity jacket, from The Omer Bhatti Collection, £56,700 ($74,844)
- Roland Orzabal’s photo-matched Fender Walnut USA Stratocaster, used to compose “Everybody Wants to Rule the World” and perform live in 1985, £53,550 ($70,686)
- A framed Pan Am menu from The Beatles’ first flight to the USA in 1964, autographed by John Lennon, Paul McCartney, George Harrison and Ringo Starr, £50,400 ($66,528)
- A custom Fender Stratocaster with The Dark Side of the Moon artwork, autographed by David Gilmour, Roger Waters, Richard Wright and Nick Mason, £34,650 ($45,738)
Music fans can flip the cassette for Day 2, with more memorabilia from Michael Jackson, Oasis, Queen and many more going under the hammer in Propstore’s online-only sale. It starts today at 3:00 PM BST (7:00 AM PST). Registration is open at propstoreauction.com.
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