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http://www.rockcellarmagazine.com/2012/03/26/got-bucks-gigantic-collection-of-les-paul-guitars-go-up-for-auction/

One interesting thing is:
1951 Fender Nocaster serial number 1751(Est. $40,000 – $60,000). Butterscotch with black pickguard, neck date “5-10-51 T.G.”, no body date, with original thermometer case. Guitar has replaced volume and one tone pot but originals are present. This guitar was personally gifted to Les Paul by Leo Fender who signed the back of the headstock “Leo Fender.” The guitar is uncharacteristically light weighing only 7.4 pounds.
Wonder what he thought of the Fender? ?
    ^^ +1

    I wonder how he can prove the authenticity of the microphone, all good and well that he has got an autographed photo...
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