NASHVILLE, Tenn. -- The first production model Fender Stratocaster has been sold for $250,000.
George Gruhn of Nashville sold the 1954 guitar on consignment for owner and guitar historian Richard Smith. Gruhn said Thursday that the guitar was shipped and the purchase finalized this week. Gruhn said he encouraged the buyer to contact the Musical Instrument Museum in Phoenix about displaying it.
Gruhn, who owns a Nashville guitar shop, said the buyer wanted to remain anonymous, but that the private collector lived in the United States and is not a professional musician.
The sunburst-finish Strat bears the serial number 0100. Although some Strats have lower numbers that begin with 0001, Gruhn said they actually were manufactured later in that first year of production.