an auction by Julien's auctions to begin June 22nd.
The kit, which was originally awarded to Jack Hess in 1987 (click here for Neil's announcement in Modern Drummer, October 1987), was later sold by Hess on August 17, 1999 for $26,100.
The kit would appear on ebay without a buyer at least two other times
before being sold to the current owner, Ian Coley, on May 2nd, 2003 for $14,621.12. The kit was last seen being restored by Rob Telleria who has stated he has invested $20,000 into the restoration project; accordingly it is unknown why the auction value of the kit has been placed at only $4,000-$6,000.
For more information visit Julien'sLive.com. - Thanks to Joe Pesch and Greg Nosek for the headsup!