After Dylan and Peterson quietly settled their legal dispute, the guitar was sold by Christie's auction house in New York for $965,000, in December 2013 by Indianapolis Colts owner Jim Irsay. On July 26, 2015, the guitar was publicly played for the first time in fifty years during a tribute set at the Newport Folk Festival honoring the 50th anniversary of Dylan plugging in at Newport. The tribute set included Gillian Welch, Dave Rawlings, Willie Watson, the New Orleans Preservation Hall Jazz Band, Jason Isbell, and several others. Isbell played Dylan's guitar during the tribute set and Newport Folk Festival producer Jay Sweet was quoted as saying "Dylan's guitar is home."