One of the most famous guitars in rock history, once wielded by the one-time Brow-of-the-Hill pupil Rory Gallagher, is going under the hammer with a guide price of between £700,000 and £1,000,000.

Leading musicians are said to be planning bids in an auction for Rory Gallagher’s guitars. Among the items up for grabs is his Fender Stratocaster, which could fetch up to £1m.

Musician’s 1961 Fender secured for National Museum of Ireland with support from Live Nation Gaiety Ltd, says Minister for Arts

The Fender Stratocaster that once belonged to Cork rock legend Rory Gallagher has been bought by Live Nation Gaiety Ltd and will be donated to the National Museum

Rory Gallagher's legendary 1961 Fender Stratocaster, has sold for £889,400 and is returning to Ireland where it belongs permanently.

Joe Bonamassa, who threw his weight behind the movement to keep the guitar in Ireland, publicly expressed his approval of the decision

The final home for Rory Gallagher's €1m signature Fender Stratocaster guitar will be Cork. That is according MD of MCD, Denis Desmond who was one of the people instrumental in purchasing the guitar at auction on Thursday in London and donating it to the National Museum of Ireland (NMI).