Exclusive | Kurt Cobains Smells Like Teen Spirit Fender Mustang guitar to be sold at NYC auction and could fetch millions

Smells like a bargain.Kurt Cobain’s guitar from the “Smells Like Teen Spirit” music video will be sold at a Midtown auction next spring — and it’s expected to fetch millions, The Post has learned.The Nirvana frontman’s 1969 Fender Mustang will be put up as part of massive sale of the late Indianapolis Colts owner Jim Irsay’s music memorabilia by Christie’s in March, with an estimated sale price of between $2.5 million and $5 million, according to the company’s global president Alexander Rotter.“He made the greatest music on this guitar and defined a generation,” Rotter told The Post of the Mustang, which is rumored to have been one of Cobain’s favorite axes.“This is a piece of American history, so I [predict] a lot of people coming in for it … I am convinced it will get competitive.” The sale is set to bring a record number of music fans into the free-to-enter Rockefeller Plaza galleries, which previously peddled guitars that once belonged to rockers Mark Knopfler, Eric Clapton and Jeff Beck, among others, the auction veteran said.“I expect this building to be crowded when we’re selling this collection — excitingly crowded, it’s going to feel like a concert,” Rotter said.“When we open up and go into popular culture at the highest level, because that’s what we do, it gets exciting.”Irsay purchased the iconic instrument for $4.6 million in 2022, making it the highest-priced electric guitar in the world at the time.Despite significant paint scratches and other damage on the instrument’s body, Rotter noted the guitar hasn’t quite met the fate of other Cobain-owned instruments — some of which were smashed onstage or otherwise battered.Cobain’s pummeled Fender Stratocaster guitar sold at auction in 2023 for a whopping $595,000, despite being unplayable.“He didn’t go crazy with it, [like] with some other guitars that we’ve seen in videos or live concerts,” Rotter said of the Fender Mustang, “so he took care o...