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Bob Dylan's Newport guitar sells in NY for $965,000

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    In this Jan. 12, 2012 file photo, Bob Dylan performs in Los Angeles.AP

  • Bob Dylan

    FILE - In this Aug. 26, 2006 file photo, Bob Dylan performs as the opening act of the Pawtucket Arts Festival at McCoy Stadium, in Pawtucket, R.I. Rock legend Bob Dylan was treated like a complete unknown by police in a New Jersey shore community when a resident called to report someone wandering around the neighborhood. Long Branch business administrator Howard Woolley says a 24-year-old police officer apparently was unaware of who Dylan is and asked him for identification. (AP Photo/Stew Milne, File)

The Fender Stratocaster that Bob Dylan played at the 1965 Newport Folk Festival when he famously went electric has been sold at auction for $965,000.

The lot was sold Friday to an absentee buyer. Christie's says it is a record for a guitar sold at auction.

The festival was a defining moment that marked Dylan's move from acoustic folk to electric rock 'n' roll.

It's been in the possession of a New Jersey family for nearly 50 years. Dylan left it on a private plane piloted by the owner's late father.

Five lots of hand- and typewritten lyric fragments found inside the guitar case also are being sold. They have a presale estimate ranging from $3,000 to $30,000.

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