Bob Dylan's electric guitar from 1965 Newport Folk Festival up for sale

NEW YORK - The Fender Stratocaster that Bob Dylan played at the 1965 Newport Folk Festival when he famously went electric could bring as much as a half- million dollars when it goes up for auction.

The festival was a defining moment that marked Dylan's move from acoustic folk to electric rock `n' roll.

It's been in the possession of a New Jersey family for nearly 50 years. Dylan left it on a private plane piloted by the owner's late father.

Christie's is selling it Friday for a presale estimate of $300,000 to $500,000.

Five lots of hand- and typewritten lyric fragments found inside the guitar case also are being sold. They have a presale estimate ranging from $3,000 to $30,000.

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