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Is Snoop Dogg’s memorabilia auction a model for cash-hungry music stars?
The Dogfather has monetized his celebrity with an auction at a time when artists struggle to make the money they once did
Recording artists are no less adept at hoarding the kind of ephemera that fans clamor for: set lists, tour riders and the like; these forgotten artefacts can sit for years inside the attic of a vacation home or some far-flung storage locker gathering dust. Photograph: ReutersThe past decade of music memorabilia auctions alone has seen John Lennon’s hit-making Gibson J-160E fetch $2.5m, Bob Dylan’s handwritten lyrics for Like a Rolling Stone gavel for $2m and Drake pay more than $1m for Tupac’s ruby- and diamond-encrusted gold ring. While there probably isn’t anything in this Snoop catalog that’s quite as coveted as Bennett’s letter from MLK – although a gently used marijuana blunt preserved in resin “to display for eternity” figures to draw considerable interest – he could do worse than hawking his old stuff.
Or read this on The Guardian