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Pay-la! Guitar once owned by Eric Clapton could fetch half a million dollars at rock auction 

A guitar owned by Eric Clapton (right) could sell for up to $500,000 (£363,000) at an auction of rock and roll memorabilia.

The Layla singer’s instrument – a 1968 Martin D-45 acoustic later given to guitarist Dave Edmunds – will go under the hammer in the US alongside almost 1,000 items owned by stars including Led Zeppelin, Whitney Houston, Michael Jackson and Elvis Presley.

Robert Plant’s lyrics for Led Zeppelin’s 1975 track Kashmir, handwritten on hotel stationery, are on offer with an estimate of up to $300,000 (£218,000).

Another piece of rock history on offer is a cream Fender Stratocaster electric guitar once owned by Pink Floyd’s David Gilmour. 

Eric Clapton performs on stage during Music For The Marsden 2020 at The O2 Arena

Handwritten lyrics to Eric Clapton's Layla is also included in the sale, with an estimate of £22,000-£36,000

That could sell for as much as $100,000 (£73,000). 

A 1972 Martin D-28 acoustic played by Presley could sell for as much as $90,000 (£65,000). 

The Icons & Idols: Rock ‘n’ Roll sale by Julien’s Auctions takes place at the Hard Rock Cafe in New York on November 19-20.

 David Barrett Home Affairs Correspondent For The Daily Mail

A sheet containing partial handwritten working draft lyrics to Clapton’s famed 1970 hit Layla is also included in the sale, with an estimate of $30,000-50,000 (£22,000-£36,000).

Beatles items on offer include a portrait of John Lennon playing guitar, signed in pencil by artist Leroy Neiman. That could fetch as much as $20,000 (£15,000).

And a nude oil painting from Bob Dylan - created in the 1960s and given by the singer-songwriter to his manager Albert Grossman - is estimated to go for up to $200,000 (£145,000).

A portrait of John Lennon playing guitar by artist Leroy Neiman could fetch as much as £15,000

Darren Julien, president and chief executive officer of Julien’s Auctions, said: 'Julien’s Auctions is honoured to present this extraordinary collection of historic and important music relics used by the pantheon of rock gods and pop music icons from the 20th century and 21st century at our annual two-day music event of the year.

'The breadth and scope of these museum-worthy collectibles represent not only the pinnacle of these legendary figures’ careers and their mythic performances but the impact of their artistry and the lives they lived on and off the stage that changed not only music but the world.'