Acoustic guitar that Les Paul signed to Tom Petty. The Traveling Wilbury's, which consisted of Bob Dylan, Roy Orbison, George Harrison, Tom Petty, and Jeff Lynn, apparently reminded Les Paul of the days when he would play alongside stars such as Bing Crosby, who was a lifelong friend of Paul's. When he signed this guitar to Petty, he did not string the guitar, laughing and saying, "It's fine just the way it is, let them have some fun with that one." This was a guitar that he was particularly fond of.

Lester William Polsfuss was an inventor and musician. A talented musician as well as inventor, Les Paul is credited with various recording innovations and his skilled guitar playing, however he is probably best known for helping to design the Gibson Les Paul.

The consigner of these items, Ron Lovely, worked directly with Les Paul and was the one to bring various guitars that Les had signed to the artists they were meant for. The two men, who were friends for 20 years, began their "guitars to stars" tradition over a beer one night. This started off a tradition of artists giving guitars to each other _ something Les did frequently _ as well as artists signing and giving guitars to Ron Lovely, as he was a part of the network of friendly artists.