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Why did hippies pay $1 million for Grateful Dead memorabilia?
I thought they rejected the capitalist economy? Maybe they’re just hippie-crits!
SAN FRANCISCO (Reuters) – Forty years after the Summer of Love celebrated the free-living ways of the 1960s counterculture, bidders paid more than $1.1 million at auction on Tuesday for Grateful Dead memorabilia.
A cream-colored 1975 Travis Bean electric guitar belonging to the band’s legendary, late lead guitar player, Jerry Garcia, brought in $312,000 in a brisk sale, auction house said.
Enthusiasts also bid $102,000 for an acoustic guitar and $39,000 for a Gibson electric guitar played by Garcia.
http://news.yahoo.com/s/nm/20070508/en_nm/gratefuldead_dc
I thought hippies didn’t have money?
I’m so confused…
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