The rock memorabilia market is exploding. It’s no longer unusual for the most serious collectors to shell out well over $100,000 for top items — especially instruments, handwritten lyric manuscripts and clothing. “These collectors were rock fans in the Sixties and Seventies, and now they have a lot of money,” says John Collins, managing director of U.K. rock auction house Cooper Owen. “They’re buying their history.”

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Posted: 12|8|05 at 3:16 pm. Filed under: Auction News.