The guitar also stirred up quite a debate in vintage circles, as well as in two critical stories by Washington Post reporter Geoff Edgers. Pre-auction press about Black Beauty was rampant, and some sale estimates for the guitar were in the strata of $1 million or more. It was reported that McKinney was ready to bid up to $625,000 for the '54 Custom. A lot of the things that were done to this guitar went on to become industry standard.” It shows his thinking and progress as an inventor. “This guitar was used by Les in recordings, in television. "We know the importance of the guitar historically," McKinney told James Barron of The New York Times. But it really enhances my collection significantly. “I don’t think there is a Holy Grail, frankly. “I don’t believe it’s the “Holy Grail,” Irsay said. In the end, however, all eyes were on the Black Beauty.
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