Erotic Madonna tapes, Hendrix contract in NY sale

Mon Jul 27, 2009 4:02pm EDT
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By Christine Kearney

NEW YORK (Reuters) - Rock legend Jimi Hendrix's first recording contract worth $1 and erotic audio and video tapes sent by Madonna to her old bodyguard went on sale in an online auction on Monday.

Other artists and prominent figures featured among the more than 450 items offered in the rock 'n' roll and pop art auction on include John Lennon, Elvis Presley, Bob Dylan, Bruce Springsteen, the Rolling Stones and Eminem. The auction will run through August 5.

Hendrix's earliest known contract for $1 dated October 15, 1965, could fetch up to $250,000, auctioneers said. It was signed by Hendrix and music producers PPX Enterprises of New York for Hendrix to play and sing exclusively for three years.

The contract -- on which Hendrix's first name is spelled "Jimmy" -- also granted him 1 percent of the retail sales from his recordings.

Two cassette tapes holding 17 minutes of messages that Madonna left in 1992 and 1993 on the answering machine of James Albright, the bodyguard who became her lover, are expected to fetch between $30,000 and $40,000.

An intimate home video sent to Albright featuring Madonna in a hotel room with castmates shot during the making of the 1993 film "Dangerous Game" has an estimate draw of $12,000 to $14,000.

Also up for sale are copies of love letters faxed to Albright by Madonna between 1992 and 1994 using the code name "Lola Montez."

The auction house described the video as "very personal and intimate" but its representatives said they were not allowed to say exactly what was on it. Neither the audio tapes nor the home video are being sold with copyright so the owner will not be able to sell the tapes to a public forum.   Continued...

<p>U.S. singer Madonna performs during her Sticky and Sweet tour at Lluis Companys stadium in Barcelona July 21, 2009. REUTERS/Albert Gea</p>