Cobain 'Unplugged' guitar sells for record $6 million at auction.

The guitar that grunge rock icon Kurt Cobain played during his legendary 1993 MTV Unplugged performance sold Saturday for a record $6 million, the auction house said.

The retro acoustic-electric 1959 Martin D-18E that Cobain strummed for Nirvana's career-defining performance in New York just five months before his suicide at age 27 sold after a bidding war to Peter Freedman, founder of RODE Microphones, Julien's Auctions said. At $6.01 million after fees and commission, the instrument was the most expensive guitar ever sold at auction, among other records. The starting estimate was $1 million. Freedman said he plans to display the guitar in a worldwide tour, with proceeds going to benefit performing arts. 'When I heard that this iconic guitar was up for auction I immediately knew it was a once-in-a-lifetime opportunity to secure it and use it as a vehicle to spotlight the struggles that those in the performing arts are facing and have always faced,' the Australian was quoted as saying by Julien's Auctions.

The guitar was sold with...

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