Noel Gallagher MTV Unplugged guitar sets auction record at Propstore sale

Propstore said Day 1 of its Music Live Auction in London brought in $3.2 million, led by a Noel Gallagher Oasis acoustic guitar that set a world record for the category. Freddie Mercury’s handwritten notebook was the top-selling lot as Day 2 opened Friday with more music memorabilia on offer.

Why it matters: - Rare music memorabilia continued to command top dollar, with items tied directly to iconic performances, recordings and artists drawing the strongest bids. - The results show collector demand for one-of-a-kind artifacts with clear artist provenance and stage history.

What happened: - Propstore said Day 1 of its Music Live Auction in London, held Thursday, Oct. 1, 2026, produced $3.2 million in sales including buyer’s premium. - Noel Gallagher’s owned and autographed Takamine FP460SC acoustic guitar, played during Oasis’s 1996 MTV Unplugged performance, sold for $299,376. - The Gallagher guitar set a world record for the highest auction price for an Oasis acoustic guitar. - Freddie Mercury’s notebook of handwritten working lyrics and notes from the Mr. Bad Guy recording sessions sold for $365,904, the highest-selling lot of the day. - Day 2 of the auction continued Friday, Oct. 2, 2026, in an online-only sale.

The details: - The Mercury notebook came from The Reinhold Mack Collection, an archive of handwritten lyrics, recording memorabilia and personal gifts linked to producer Reinhold Mack’s friendship and creative partnership with Mercury. - The Reinhold Mack Collection reached $980,415 in running total sales including buyer’s premium after 43 lots sold on Day 1. - Another 41 lots from the collection were scheduled to go under the hammer on Day 2. - Michael Jackson’s photo-matched black-and-gold military-style jacket sold for $299,376. - The jacket was offered through The Omer Bhatti Collection and came directly from Norwegian rapper and dancer Omer Bhatti, to whom Jackson gifted it. - John Lennon’s tinted prescription “Lost Weekend” glasses sold for $166,320. - Musicland Studios’ Yamaha C3 grand piano sold for $108,108. - Freddie Mercury’s screen- and photo-matched stage-worn black wrap-around embellished top and flared trousers sold for $99,792. - Michael Jackson’s photo-matched sailors varsity jacket sold for $74,844. - Roland Orzabal’s photo-matched Fender Walnut USA Stratocaster, used to compose “Everybody Wants to Rule the World” and performed live in 1985, sold for $70,686. - A framed Pan Am menu autographed by John Lennon, Paul McCartney, George Harrison and Ringo Starr sold for $66,528. - A custom Fender Stratocaster featuring The Dark Side of the Moon artwork and signed by David Gilmour, Roger Waters, Richard Wright and Nick Mason sold for $45,738.

Between the lines: - Propstore Music Specialist Mark Hochman said the Gallagher guitar result reflects fans’ lasting connection to Oasis. - Hochman said Mercury’s notebook offered an unusual look at the songwriter’s process. - The strongest lots shared a common trait: direct ties to defining moments in an artist’s career, not just celebrity ownership.

What’s next: - Propstore said more memorabilia from Michael Jackson, Oasis, Queen and other artists was set to be sold on Day 2 starting at 3:00 p.m. BST / 7:00 a.m. PST. - Bidding registration was available through Propstore’s auction page. - Images were available through the auction photo link.

The bottom line: - Propstore’s first auction day showed that music history with strong provenance still sells at premium prices, especially when the item is tied to a landmark performance or recording.